Financial Reporting Manager

Job Summary: To manage the organisation's operational (OPEX) and capital expenditure (CAPEX) budgeting and forecasting processes. Ensure financial stability and strategic planning through accurate budget preparation, financial forecasting, and insightful analysis.

Key Responsibilities:

1. Develop and prepare annual budgets for the organisation, aligning financial resources with strategic objectives and operational plans.
2. Collaborate with department heads to gather budget inputs, set financial targets, and ensure alignment with strategic objectives.
3. Develop and implement budget templates and guidelines to streamline the budgeting process.
4. Conduct regular financial forecasting and analysis for OPEX and CAPEX to provide insights into the organisation's financial performance.
5. Monitor actual performance against forecasts and budgets, identifying variances and providing actionable insights.
6. Update forecasts based on changing business conditions, new information, or strategic shifts.
7. Monitor OPEX and CAPEX budget performance against targets and provide regular reports to senior management.
8. Identify and address budget variances, ensuring effective cost control measures are in place for both operational and capital expenses.
9. Conduct budget revisions and adjustments, accommodating changes in business conditions, strategic priorities, or unforeseen expenses.
10. Provide recommendations on the allocation of the budget between capital expenditures (CAPEX) and operational expenditures (OPEX).
11. Provide recommendations on budgetary control and financial decision-making based on operational analysis and economic trends.
12. Collaborate with other teams to gather and analyse financial data for budgeting purposes.
13. Ensure compliance with budgeting policies, procedures, and regulatory requirements.

Policy, Procedures, Process and Systems:

Follow the operational strategy in compliance with group delegation of authority policy. Ensure the compliance of organisation's policy, systems, processes, procedures, and controls in line with group delegation of authority policy so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service in a consistent manner.

Reporting:

Ensure that all reports are completed timely and comply with the business and organisation's policies and standards. Manage the preparation of periodical management reports and progress reports to keep the business senior management informed about the progress of various initiatives and to facilitate decision-making.

Company Industry:

• Consulting
• Management Consulting
• Advisory Services

Department / Functional Area:

• Finance
• Treasury

Keywords:

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