Job: Financial Planning Analyst - Place: (mail to announcer)

Our client, one of the leading Telecommunications Companies requires qualified professionals to fill the positions below.

1. Job Title: Financial Planning Analyst

Reports to: Manager Business Planning & Performance Management

Responsibilities:

Preparation of annual budgets, mid-month and quarterly forecast

•  Coordinate budget preparation with user departments ensure budgets are within set [Group] guidelines/targets – CAPEX and OPEX.


• Validate input received from user department for reasonableness and consistency with historical and market trends.


• Analyse costs into contractual (local contracts/ HQ guidelines) and discretionary, clearly showing key drivers.


• Ensure capital commitments, CIP and carry forward projects are adequate considered in CAPEX budgets and forecasts.


• Put in place budget control/tracking processes for both CAPEX and OPEX.


• Liaise with the Fixed Assets and Technical teams to ensure project tracking is in place.


• Engage Treasury, AP, Credit Control and Procurement in the cash planning for budgets and forecast.

Preparation of cash flow forecast with Treasury

• Agree payables and accruals with AP and the Fixed Assets team with due dates.


• Get input from AR and credit control for receivables e.g. roaming, post-paid and distributors.


• Coordinate working capital planning with Treasury from inputs received above.


• Liaise with Procurement for planning of CAPEX payments based on agreed payment terms with vendors.


• Agree financing assumptions with Treasury – additional borrowing sources, finance costs etc.

Monthly Performance Report

• Provide explanation of variance vs budget and forecast on Monthly Reporting Pack (MRP). This will be in consultation with departmental budget champions.


• Prepare monthly Financial Performance Report (commentary) with inputs from user departments and various units with Finance – AP, AR, Treasury etc.


• Obtain management (CFO/MD) approval before submission to Group Finance.

Evaluating new products/pricing plans

• Validate business case assumptions to ensure they are in line with historical and market trends.


• Evaluate plans to confirm financial viability and profitability


• Ensure business case projections are within budget/forecast.


• Liaise with the other Finance functions – RA, Accounting, Systems and Control to ensure the proposed plan


• Develop effective tracking mechanism for all new products/pricing plans to evaluate performance against set objectives

Qualifications

• University Degree in Business or Finance

• Must be Charted Accountant – CPA, ACCA, ACA or equivalent.

• 3-5 years post qualification experience in a similar or related position, preferably with a multi-national organization

Competencies

• Good technical knowledge of budgeting and financial analysis processes


• Excellent understanding of the dynamics telecommunications industry.


• Excellent knowledge GAAP, IAS and IFRS, local regulatory and financial reporting requirements.


• Excellent understanding of financial performance ratios – profitability, liquidity etc.


• Proven ability to analyse complex business issues and identify, design and implement effective practical recommendations. Experience in carrying out quantitative and qualitative analytical reviews on financial statement items.


• Excellent interpersonal skills


• Excellent and effective communications skills, both orally and in writing


• Excellent presentation skills

If you meet the specifications above, send your application by EMAIL ONLY to: 
sarah.nandi@kimberly-ryan.net before 6^th July 2010. Only shortlisted candidates will be contacted.