The FP&A Section Head will be responsible for monitoring financial performance, controlling budget utilization, conducting financial analysis, and supporting the budgeting and forecasting processes. The role will provide management with accurate financial insights, performance evaluations, and actionable recommendations to support strategic and operational decision-making.
Key Responsibilities
- Budget Control & Monitoring
- Monitor actual financial performance against approved budgets and forecasts, ensuring effective budgetary control.
- Oversee and analyze OPEX and CAPEX expenditures across departments and retail branches.
- Identify budget variances, investigate underlying causes, and highlight potential financial risks and opportunities.
- Monitor budget utilization and ensure adherence to approved budgets, financial policies, and internal control procedures.
- Identify cost optimization opportunities and assess their financial impact on overall business performance.
2. Financial Analysis & Performance Management
- Prepare and deliver comprehensive monthly financial performance analyses covering Revenue, Gross Profit, OPEX, EBITDA, and Net Profit.
- Conduct detailed financial variance analysis, comparing Actual results against Budget, Forecast, and Prior Year performance.
- Analyze branch-level financial performance and profitability, identifying improvement opportunities and operational inefficiencies.
- Develop, maintain, and monitor financial KPIs and performance dashboards.
- Provide meaningful financial insights and practical recommendations to support management decisions and enhance business performance.
3. Budgeting & Forecasting
- Coordinate and support the annual budgeting process across departments and business units under the supervision of the FP&A Manager.
- Assist in developing rolling forecasts and periodic financial projections.
- Collect, review, and validate budget submissions from various departments to ensure completeness and accuracy.
- Evaluate financial assumptions and ensure consistency, reliability, and alignment with business objectives.
4. Management Reporting
- Prepare monthly financial reporting packages, including Profit & Loss statements, Balance Sheet analysis, and Cash Flow reports.
- Develop periodic management reports and financial presentations highlighting key business performance indicators and financial trends.
- Support month-end closing activities from an FP&A perspective, ensuring timely, accurate, and reliable financial performance reporting.
Qualifications & Experience
- Bachelor's degree in Accounting, Finance, or a related discipline.
- 5–7 years of relevant professional experience in FP&A, Budget Control, Financial Planning, and Financial Analysis.
- Previous experience in multi-branch retail operations is highly preferred, particularly within the Pharmacy or FMCG sectors.
- Strong understanding of financial statements, management accounting principles, budgeting, forecasting, and IFRS.
Technical Skills
- Advanced Microsoft Excel proficiency, including financial modeling, Pivot Tables, and Power Query.
- Good working knowledge of Power BI, including financial dashboard development and reporting.
- Practical experience with ERP systems, preferably SAP.
- Strong capabilities in financial analysis, management reporting, and business presentations.
