Manager Financial Planning & Analysis for a Power Sector Company

Apt Resources is currently seeking a highly motivated Manager of Financial Planning & Analysis to join the team of our client, a prominent company in the power sector. As the Manager of Financial Planning & Analysis, you will be responsible for supporting the Head of Financial Planning and Analysis for the management and organization of the Finance Planning function of the company including long-term business planning, annual budgeting, and periodic budget updates. You will also perform a business plan sensitivities analysis for credit metrics analysis and capital allocation purposes. The Manager of Financial Planning and Analysis will be also in charge of the management reporting process, defining guidelines and reporting methodologies in order to ensure timely, reliable, transparent management information to the CEO, Executive team, Board of Directors, and Shareholders. You will be also charged with the responsibility of establishing and maintaining an effective performance management system; in that respect, you will provide effective support in setting operating and financial targets for the financial year consistence with Group strategy and long-term business plans and in monitoring the achievement of those targets. You will discharge your responsibilities under the coordination and supervision of the Head of Financial Planning and Analysis.

• Manage company long-term business planning, annual budgeting, and periodical budget updates, defining business planning guidelines, timelines, key assumptions, and standard templates. Develop and maintain a business plan booklet and other budget-related reports and documentation.
• Ensure compliance with the FP&A policies and procedures, as well as develop proposals aimed at enhancing standards and increasing the accuracy and efficiency of the Finance planning process.
• Perform business plan sensitivities analysis for credit metrics analysis and capital allocation purposes.
• Manage company management reporting process, defining guidelines, and reporting methodologies. Ensure timely, reliable, transparent management information to the CEO, Executive team, Board of Directors, and Shareholders.
• Analyze company operating and financial performance against target identifying key variances and providing support for corrective actions. Coordinate periodical business review meetings.
• Develop and implement early warning systems that will help the Executive Team in detecting and handling deviations to the planned finance outlook of the company without compromising the reasonable financial balance between outflow and inflow of funds.
• Establish and maintain an effective performance management system: provide effective support in setting operating and financial targets for the financial year consistence with Group strategy and long-term business plans. Develop and maintain Group balanced scorecard linked to a rewards and compensation system.
• Manage the spending authorization process and review budget change requests to ensure compliance with the Group Policy on Delegation of Financial Authority, and monitor corporate operating expenses, G&A, and capital expenditure against budgets.
• Analyze expected returns and financial compatibility of investment proposals and formulate recommendations for the relevant authorization bodies. Perform investment assurance and Sign-off for capital allocation regarding proposed projects. Perform post-investment appraisal.
• Provide support to Business Development and M&A functions during pre-development or pre-acquisition phase (i.e. due diligence process, business evaluation, investment assurance competitive bidding) and during the post-acquisition/integration phase for the implementation of policies, processes, and systems in line with company planning and management reporting policies.
• Coordinate internal and external benchmarking analysis and special projects aimed at improving the operational efficiency of the asset portfolio managed by the company and for value creation purposes.
• Pursue initiatives on system development for automation of Group financial planning and management reporting; maintain and enhance new systems post-implementation.
• Coordinate financial planning & analysis functions of the Group’s subsidiaries ensuring adherence to company policies and standards.
• Assist in coordinating with the internal and external auditors and provide all required information to the concerned parties in order to facilitate the preparation of internal and external audit reports, respectively.