Head of Financial Planning

JOB DESCRIPTION

Job title : Head of Financial Planning

Reporting to : Board of Directors

Job Purpose :

To provide strategic financial leadership and direction across the organization, encompassing financial planning, budgeting, forecasting, and financial analysis. This role ensures the development and execution of financial strategies that align with the overall business objectives and drive sustainable growth and profitability.

Key Responsibilities :

• Lead the financial planning and analysis (FP&A) function including budgets, forecasts, and scenario modeling, establishing standardized processes and best practices across all departments and locations.
• Align volume, pricing, and cost assumptions with operational and commercial strategies
• Prepare and analyze monthly, quarterly, and annual financial reports, providing comprehensive insights into performance against targets and key trends. Develop real-time dashboards and reports to support operational and commercial decision- making.
• Manufacturing & Supply Chain Analytics, Monitor plant performance, line efficiency, yield losses, and material variances.
• Oversee standard costing processes and variance analysis for production activities.
• Provide strategic financial analysis to support company initiatives, expansion, investments, and mergers and acquisitions. Assess IRR, NPV, and payback periods to guide investment decisions.
• Develop and maintain sophisticated financial models for forecasting, scenario planning and support decisions on product continuity, scale-ups, shutdowns, or exits through financial impact analysis.
• Implement a comprehensive performance evaluation framework for production and service departments.
• Collaborate with finance leaders and other departments (e.g., sales, operations, marketing) to gather financial data and ensure alignment of financial plans with operational activities.
• Ensure compliance with international accounting standards (e.g., IFRS, GAAP) and relevant local regulations.
• Present financial performance, trends, and strategic recommendations to the executive leadership team and the board of directors.
• Manage relationships with financial institutions, auditors, and other key stakeholders.
• Drive continuous improvement in FP&A processes and systems, leveraging technology to enhance efficiency and accuracy.

Qualifications and experience required :