Financial Planning & Analysis Manager

Nutreco; Johannesburg; On-site; ZAR 900,000 - 1,500,000; Full time

Job summary

Nutreco is seeking a Financial Planning & Analysis Manager to oversee the financial planning, analysis, reporting and accounting functions. The role supports management, especially the Controller, with analyses, reports and strategic advice across finance and business areas.

The successful candidate will lead budgeting, forecasting, KPI tracking and ad-hoc analyses, coordinating with OpCo and corporate finance to ensure timely, accurate information for decision-making.

Qualifications

• Bachelor’s degree in Accounting; CA/CIMA advantageous.
• 6+ years’ experience in the manufacturing sector.
• ERP experience, Unite M3 would be advantageous.
• Proficient in MS Excel and PowerPoint; Power BI knowledge.
• Technical IFRS knowledge and strong accounting skills.

Responsibilities

• Manages financial planning, budgeting and forecasting processes.
• Creates variance analyses and financial models.
• Leads real-time financial performance monitoring.
• Escalates financial issues to management and tracks KPIs.
• Produces detailed monthly management reports and presentations.
• Supports audits and ensures IFRS compliance.

Skills

Analytical skills

Attention to details

Presentation skills

Leadership

Team collaboration

Education

Bachelor’s Degree in Accounting

CA / CIMA qualification advantageous

Tools

Unite M3 ERP

Microsoft Excel

Microsoft PowerPoint

Power BI

Job description

Job Description:

The Financial Planning & Analysis Manager is responsible for managing an effective and efficient operation of the financial planning, analysis, reporting and accounting function. The Financial Planning & Analysis Manager supports management, especially the Controller, in decision making regarding Finance & Control and Business matters, with investigations, analyses, reports, presentations and advice. He/She performs economic research and analysis for use in the development of business strategies and tactics and in the subsequent appraisal of the results. The Financial Planning & Analysis Manager may also prepare statistical studies (economic and financial) and forecasts for business conditions and trends and draws relevant conclusions. Additionally, provides the business management with accurate and reliable internal financial information and external financial statements regarding the performance and the valuation of the business for various stakeholders.

JOB CONTEXT

The Financial Planning & Analysis Manager is responsible for the financial planning and forecasts submissions in accordance with Nutreco’s accounting policies and procedures and supports decision making from a financial perspective analyzing in a wide variety of business processes from various perspectives, such as costs, revenues, profitability etc. and assists in preparing proposals regarding CAPEX projects. He / She works closely with the Opco Controller on financial planning, forecasts, all accounting, reporting, and financial disclosure matters and consults often with relevant stakeholders, and confers with his / her peer Tax Manager, Treasury Manager as well as the Business Control Managers.

KEY ACCOUNTABILITIES

• Manages financial planning, budgeting, and forecasting processes and submissions.
• Creates variance analysis reports and financial models.
• Leads real-time financial performance monitoring.
• Escalates any financial issues to management.
• Sets and tracks key performance indicators (KPIs) and objectives.
• Completes market research and comparable company or OpCo analysis.
• Recommends strategies for increasing financial performance.
• Prepares detailed monthly financial reports for management.
• Uses popular financial planning and analysis tools.
• Collaborates with senior members of the accounting and finance teams.
• Prepares ad-hoc analysis as required from time to time.

Data collection and insight generation

• Uses data and analysis in problem identification, searching for data sources to conduct analysis valuable to the company, enhancing problem analysis / identification in terms of relevance, quality and insights based on business requirements.
• Collects, analyses, coordinates and selects internal and external data and research for further analysis to have an optimal set of data and research results available, which provides the relevant business area with desired information and/or further analyses or reporting.
• Discovers ways in which business value can be drawn from analysis and develops trusted information with true insights.
• Visualizes the analysis and transforms the analysis into valuable and relevant insights for business.

Advice

• Proactively advises colleagues and management on data and insight analysis, opportunities and market developments.
• Optimally informs and advises internal stakeholders and customers about analysis and related insights.
• Acts as a liaison with managers, advises and supports them concerning all finance related matters, formulates and presents possible solutions.

Planning & Control cycle

• Supports the business with the planning & control cycle, including the preparation of the 3-year development plan and annual budgets, and the reporting of actual results.
• Communicating guidelines and instructions, and creating templates to facilitate the planning and reporting processes.
• Participate in the financial review process between the OpCo(s), Division and Nutreco Corporate.
• Performing financial analysis of actual performance compared to plan and last year.
• Preparing management information, such as monthly reports and presentations on various topics.
• Assisting in the preparation and analysis of annual financial reports.

Market Developments / Investments

• Assesses market developments using analytics and data insights, ensuring knowledge and insight of developments in area of expertise is up-to-date and ensured in the long term.
• On request of the business, performs analysis of capital expenditures, credit applications, divestment proposals and other events with a major financial impact.
• Performs investigations and analyses in line with corporate guidelines.
• Prepares cover notes and presentations.

Analysis / Analytics

• Conducts and merges complex internal and external analysis.
• Carries out structural and ad hoc analysis and advanced analytics to transform data and research into useful information, which offer useful insights and recommendations to the designated business area.
• Develops and provides ad hoc financials analysis that add value to the business and contribute to the delivery of the Divisional strategy.
• Assists functional counterparts in the OpCo as required on matter involving cost determination issues, valuation, distribution of overhead, treatment of costs and product pricing.
• May conduct special studies and analysis such as cost impact of proposed changes in facilities, systems and processes.

Compliance / Governance / Audits

• Supports and promotes the Division wide compliance to corporate policies, especially relating to the Finance and Administration functions.
• Ensures that systems and procedures are in compliance with company policies, the reporting & accounting strategy and with accounting standards, and applicable rules & regulations.
• Follows all IFRS developments closely and implements new or revised accounting policies and procedures, if necessary.
• Contributes to further professionalizing the (Finance) function, including signaling of areas of improvement and implementing solutions.
• Responsible for the overall control of the financial administration, monitors enforcement of guidelines and guidance of all administrative processes of the entity, to achieve full compliance with all relevant (financial) standards.
• Supports and prepares (financial) audits, ensures all relevant financial information is available for internal and external Auditors.

COMPETENCIES

• Attention to details, Interpretation and analytical skills.
• Timeliness, accuracy and reliability of all periodic and ad-hoc reporting and management information.
• Level of compliance / non-conformities.
• Demonstrates excellent financial and quantitative skills.
• Communicates effectively and has strong presentation skills.
• Collaborates well with colleagues using adept social skills.
• Works independently using project management skills.
• Builds strong working relationships and has good leadership skills.
• Learns quickly and has strong problem-solving and critical thinking skills.

MINIMUM REQUIREMENTS

• Bachelor’s Degree in Accounting CA / CIMA Qualification advantageous.
• 6+ years’ working experience Manufacturing industry background ERP System experience, Unite M3 would be advantage.
• Professional skills in Microsoft software (especially MS Excel and PowerPoint) and Power BI HFM / OneStream knowledge.
• Technical knowledge of IFRS, General Accounting and Tax legislation.

Our organisation

Trouw Nutrition is the global leader in innovative feed specialties, premixes and nutritional services for the animal nutrition industry. Trouw Nutrition provides species-specific nutritional solutions consisting of feed concepts, products and nutritional know-how. The unique combination of products, models and services Trouw Nutrition offers, boosts productivity and supports animal health through all life stages, contributing to our customers' peace of mind. Trouw Nutrition's nutrition solutions have met the need of farmers and home-mixers, feed producers, integrators and distributors. Trouw Nutrition has locations in 25 countries and around 5000 employees. Our mission is Feeding the Future.

Equal Opportunity Employer

Trouw Nutrition is an equal opportunity employer; applicants are considered for all roles without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, marital, parental, military status or any other status protected by applicable local law. Please advise us at any point during the recruitment and selection process if you require accommodation. Trouw Nutrition is committed to compliance with all applicable legislation, including providing accommodation for applicants with disabilities.

Nutreco Information

Nutreco is a global leader in animal nutrition and aquafeed. Our advanced nutritional solutions are at the origin of food for millions of consumers worldwide. Its two global company brands Skretting (aqua feed) and Trouw Nutrition (animal nutrition) have sales in over 90 countries. Our purpose Feeding the Future captures a big challenge: feeding 9 billion people in 2050. Our responsibility is twofold: we need to make a significant contribution to meeting the rapid increase in worldwide demand for food; on the other hand, we need to find the right balance in order that we can realize growth while making also responsible choices for people and planet. To know more about us, please visit our website https://www.nutreco.com.