Financial Planning & Analysis - Manager/Sr Manager

As an FP&A Manager with a Chartered Accountant (CA) qualification at Oben Electric, you will play a crucial role in providing detailed financial analysis, forecasting, budgeting, and strategic financial insights to support business decision-making. This role involves working closely with senior management to ensure financial objectives are met, operational efficiencies are improved, and performance is optimized in a highly competitive and dynamic automotive sector.

Role & responsibilities

1. Financial Planning & Budgeting:

• Lead the preparation and consolidation of the company's annual financial plan and quarterly forecasts.
• Develop detailed financial models to support strategic initiatives, including pricing strategies, product launches, and expansion efforts.
• Coordinate with various departments (sales, production, supply chain, etc.) to gather relevant inputs for budgeting and forecasting.

3. Financial Analysis & Reporting:

• Conduct detailed variance analysis between actual performance vs budgeted figures, identifying key drivers of financial performance and proposing corrective actions.
• Prepare monthly, quarterly, and annual financial performance reports for senior management, highlighting key insights and actionable recommendations.
• Provide deep-dive analysis on sales trends, cost structures, and profitability by product line, region, and customer segment.

5. Cost Management & Efficiency:

• Analyze cost structures across different functions and work with business units to identify opportunities for cost reduction or operational efficiency improvements.
• Monitor inventory costs, material costs, and labor expenses to ensure margins are maintained.
• Recommend cost-saving measures without compromising product quality or customer satisfaction.

7. Forecasting & Scenario Analysis:

• Manage rolling forecasts, adjusting for changes in market conditions, customer demand, and raw material price fluctuations.
• Develop sensitivity and scenario models to assess the financial impact of various strategic initiatives, market changes, or risks.

9. Cash Flow Management:

• Monitor cash flow projections, ensuring liquidity for day-to-day operations while optimizing working capital.
• Liaise with the treasury team to optimize financing and debt management strategies.

11. Strategic Support:

• Provide financial insights and analysis to support management in key strategic decisions, including capital investments, mergers & acquisitions, and market expansions.
• Participate in business case development and due diligence for new projects or product lines.

13. Compliance & Governance:

• Ensure financial planning processes comply with corporate governance and regulatory requirements.
• Collaborate with external auditors during annual audits and implement recommendations to strengthen financial controls.

15. Team Leadership & Collaboration:

• Lead, mentor, and develop a team of financial analysts, providing guidance and training on financial analysis techniques and tools.
• Act as a business partner to various operational departments, providing financial insights to drive profitability.

• Lead the preparation and consolidation of the company's annual financial plan and quarterly forecasts.
• Develop detailed financial models to support strategic initiatives, including pricing strategies, product launches, and expansion efforts.
• Coordinate with various departments (sales, production, supply chain, etc.) to gather relevant inputs for budgeting and forecasting.
• Ensure financial planning processes comply with corporate governance and regulatory requirements.
• Participate in business case development and due diligence for new projects or product lines.