JOB PURPOSE:

To oversee the financial planning, analysis, and reporting activities for Manufacturing & business operations. involves leading the development and execution of financial plans, budgets, and forecasts. conducts detailed financial analysis, prepares insightful reports, and collaborates with department heads to ensure alignment of financial objectives with Nadec's strategic goals. evaluate financial performance, identify areas for improvement, and implement strategies to optimize financial processes.

KEY ACCOUNTABILITIES:

Strategic Contribution

Facilitate the implementation of the annual business plan and targets and implement the strategic agenda of the Finance Planning & Analysis department to deliver NADEC's vision and mission.

Facilitate in strategy being translated into operational business plans for the Finance Planning & Analysis department and monitor the performance and execution of those plans to achieve functional objectives and deliver the Company's strategy.

Leadership

Direct the activities of the Finance Planning & Analysis team to ensure that all work is carried out efficiently, in line with the strategic project management plans, policies, and procedures.

Serve as a role model to ensure employees' awareness and commitment to NADEC's vision, mission, values, and corporate strategy to establish a highly engaged and motivated team, and continuously improve performance.

Budgeting

Contribute in preparation of the budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, and potential performance improvement opportunities are capitalized upon.

Core Accountabilities

• Lead the development, coordination, and execution of financial plans, budgets, and forecasts.
• Collaborate with department heads to establish financial objectives aligned with the company's strategic goals.
• Conduct comprehensive financial analysis, including variance analysis and trend assessments.
• Prepare accurate and insightful financial reports, highlighting key findings and presenting them to senior management.
• Monitor and evaluate financial performance against established benchmarks and KPIs.
• Identify areas for improvement, cost-saving opportunities, and revenue enhancement strategies.
• Develop and maintain financial models to facilitate strategic planning, scenario analysis, and decision-making.
• Perform sensitivity analysis and risk assessment to assist in long-term financial planning.
• Collaborate with various departments to understand their financial needs and provide analytical support.
• Partner with accounting and other teams to ensure accurate and timely financial reporting.
• Ensure compliance with financial regulations, accounting standards, and internal policies.
• Identify and mitigate financial risks through proactive analysis and risk management strategies.
• Continuously evaluate and improve financial planning and analysis processes for efficiency and accuracy.
• Implement best practices and technology solutions to optimize FP&A functions.

People Management Accountabilities

Ensure that all subordinates have clear objectives, constructive and accurate performance feedback sessions formal annual performance appraisals, and individual development plans.

Policies, Systems, Processes & Procedures

• Adhere with direction for the development and implementation of organizational unit’s policies, systems, processes and procedures, identifying potential areas of improvement to ensure efficient and effective operation.

• Comply with corporate requirements on adherence to policies, procedures and instructions related to all relevant regulatory directives to ensure a safe and risk-free environment.

Change Management

• Motivate the employees and contribute to the identification of opportunities for continuous improvement of systems, processes and practices considering best practices.
• Ensure that all departmental reports and statements are completed timely and comply with local and international principles of governance and the organization's policies and standards.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Education and Certifications

Bachelor’s degree in finance, Accounting, Economics, or a related field (Master’s/MBA preferred).

Experience:

5-7 years of experience in financial planning, analysis, and reporting, preferably in a managerial capacity.