Financial Planning Manager

Placements24; Soweto; Hybrid; ZAR 1,000,000 - 1,800,000; Full time

Benefits offered by this job

Medical aid

Retirement fund

Performance bonus

Career development

Hybrid work

Job summary

Placements24 is seeking a highly analytical Financial Planning Manager to lead the FP&A team in Soweto, Gauteng. The role focuses on budgeting, forecasting, and strategic analysis to drive financial performance.

The ideal candidate will have 7+ years in FP&A, strong modeling skills, and experience in the banking/finance sector. Hybrid work model with opportunities for development and leadership impact.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics or related field.
• Master's degree or professional certification (CFA, CMA, CA) is highly desirable.
• Minimum of 7 years of FP&A, corporate finance, or related experience in financial services.
• Proven expertise in financial modeling, forecasting, budgeting and strategic analysis.
• Strong knowledge of accounting principles and financial management best practices.
• Advanced proficiency in Excel, PowerPoint and planning software (SAP BPC, Anaplan, Oracle Hyperion).
• Excellent leadership, analytical and presentation skills.
• Ability to manage multiple projects and meet deadlines.
• Knowledge of Gauteng region dynamics is a plus.

Responsibilities

• Lead annual budgeting and long-term strategic planning processes.
• Prepare accurate financial forecasts and explain variances to management.
• Develop and maintain sophisticated financial models for scenario planning.
• Provide strategic financial analysis for business initiatives and investments.
• Oversee management reports, dashboards, and presentations.
• Collaborate with departments to align plans with corporate objectives.
• Monitor KPIs and overall business performance.
• Assess financial risks and opportunities and advise on strategies.
• Mentor FP&A team and ensure compliance with policies.
• Drive continuous improvement in planning processes and tools.

Skills

Financial modeling

Forecasting

Budgeting

Strategic analysis

Leadership

Analytical thinking

Communication

Presentation skills

Project management

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree or professional certification (CFA, CMA, CA)

Tools

SAP BPC

Anaplan

Oracle Hyperion

Microsoft Excel

PowerPoint

Job description

About the Role

Our client, a leading financial institution, is seeking a highly analytical and strategic Financial Planning Manager to lead their team in Soweto, Gauteng . This pivotal role involves overseeing the company's financial planning, forecasting, budgeting, and strategic analysis functions. The ideal candidate will possess strong leadership skills, a deep understanding of financial modeling, and the ability to translate complex financial data into actionable insights for senior management within the banking and finance sector. This is an excellent opportunity for a seasoned finance professional to make a significant impact on the company's strategic direction and financial performance in the dynamic economic landscape of Gauteng .

Key Responsibilities

• Lead the development and execution of the annual budgeting and long-term strategic planning processes.
• Prepare accurate and timely financial forecasts, analyzing variances and providing explanations to management.
• Develop and maintain sophisticated financial models to support scenario planning and decision-making.
• Provide strategic financial analysis to support business initiatives, investments, and operational improvements.
• Oversee the preparation of management reports, dashboards, and presentations.
• Collaborate with various departments to gather financial data and ensure alignment of departmental plans with corporate objectives.
• Identify key performance indicators (KPIs) and monitor business performance against them.
• Assess financial risks and opportunities, recommending strategies to optimize financial outcomes.
• Mentor and develop the financial planning and analysis (FP&A) team.
• Ensure compliance with internal financial policies and external regulatory requirements.
• Drive continuous improvement in financial planning processes and tools.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A Master's degree or professional certification (e.g., CFA, CMA, CA) is highly desirable.
• Minimum of 7 years of progressive experience in financial planning and analysis (FP&A), corporate finance, or a related role within the financial services industry.
• Proven expertise in financial modeling, forecasting, budgeting, and strategic analysis.
• Strong knowledge of accounting principles and financial management best practices.
• Advanced proficiency in Microsoft Excel, PowerPoint, and financial planning software (e.g., SAP BPC, Anaplan, Oracle Hyperion).
• Excellent leadership, analytical, and problem-solving skills.
• Strong communication and presentation skills, with the ability to convey complex financial information clearly.
• Demonstrated ability to manage multiple projects and meet tight deadlines.
• High level of accuracy and attention to detail.
• Familiarity with the economic dynamics of the Gauteng region is a plus.
• Must be based in or willing to relocate to Soweto, Gauteng .

Benefits

• Competitive salary and comprehensive benefits package including medical aid and retirement fund.
• Performance-based bonus opportunities.
• Significant opportunities for career advancement and professional development.
• Key role in strategic financial decision-making for the organization.
• Dynamic and collaborative work environment.
• Access to advanced financial planning tools.
• Generous annual leave entitlement.
• Hybrid work model offering flexibility and work-life balance.