Financial Planning Director

• Align division goals, processes, and resource allocation with the organizational strategy while maintaining awareness of commercial and business objectives.
• Ensure the accomplishment of organizational unit objectives by managing staff; planning and evaluating organizational unit activities.
• Define objectives, identifies, and evaluates trends and options, chooses a course of action, and evaluates outcomes.
• Accomplish financial objectives by forecasting requirements, preparing an annual budget scheduling expenditures, analyzing variances, and initiating corrective actions.
• Support with strategic problems resolution and subjective decision making.

• Supervise the entire work done by the team members and making sure it is completed on time without any delay.
• Lead the team to complete tasks and meet goals through delegation of responsibilities and supervising business operations.
• Set the vision and motivation of the team in order to achieve the sought objectives efficiently.
• Set appropriate and achievable deadlines.
• Track and report critical organizational unit performance results and escalate and negotiate business related issues to senior management.
• Accomplish staff results by communicating job expectations, planning, monitoring, and appraising job results.

• Prepare standard templates for other functions of the company to ensure consistency in the preparation of budget.
• Develop budget guidelines and assumptions in line with the company's policies to ensure accurate and consistent basis is followed of budget preparation.
• Circulate the budget templates to all the respective functions of the company.
• Obtain the filled in budget templates and consolidate them to develop a consolidated budget.
• Assess & inquire the reasonableness of the assumptions and justifications by each function while developing budget.
• Present final budget to management for approval as per the DOA.
• Review monthly budget iterations in order to evaluate assumptions driving fluctuations in costs on a monthly basis, correlations between budget line-items, agreement with major line-items and shareholder approved amounts, government grants (if any), and knowledge transfer.
• Perform variance analysis and seek explanations from different departments for budget iteration.
• Investigate and develop analytical commentary to explain the deviations of actual numbers from the approved budget.
• Coordinate and develop assumptions with the CFO along with the other executives of different functions of the company that will be applied to prepare the projected financial statements.
• Assess whether the budget KPIs are met and ascertain whether exceptional reporting is required.
• Identify any incremental and additional un-planned expenditures and seek the basis for such expenditures to assess the reasonableness.
• Plan the incremental budget and present to management for approval as per the DOA.
• Support the in negotiating changes in JV / OpCo agreements and associated financial implications of already planned and budgeted transactions relevant to the JV in discussion.
• Monitor Shareholders budgeting compliance requirements against the stated mandate.
• Prepare pre-briefing materials and presentations for Board of Management and various board committee meetings involving budget and its monitoring.
• Prepare easy to read and easy to understand ad-hoc financial forecasts, reports.
• Evaluate the feasibility of dividend distribution while ensuring compliance with the dividend policy requirements.
• Understand the basis for the need for changes in accounting policies, internal procedures, controls and systems.
• Assist management in developing, recommending or implementing any change in the accounting policies, internal procedures, controls and systems.
• Conduct special studies and analysis on the significant budgeted transactions to support management in making the final decision.
• Analyze the budgeted financial statements of the company's OpCos to provide feedback on the consistency and reasonable of the numbers.
• Recommend the opportunities for cost savings during review of the budget to OpCos and JV partners.
• Perform any other adhoc tasks required by management.
• Provide financial advice for the transactions entered by the company to highlight pros and cons in financial terms while developing operational strategies to execute the transaction.
• Conduct research on transactions and provide strategic and process related insights and refer them while supporting the Strategy team in the capacity as a Financial Advisor.
• Coordinate with the relevant departments in the company and OpCos for finance strategy formulation including Subject Matter Experts (SMEs) and business strategists.
• Identify the required inputs from CFO office and develop financial inputs to develop overall strategic / business plan for the company.
• Prepare of projected financial statements as part of the business plan of the company.
• Lead the corporate finance mandate for the company focused on longer term investments, dividend structuring and capital / financing requirements.
• Execute and gather up research from internal and external sources (leading institutions) to identify long term investment opportunities for the company.
• Evaluate and chose the financial modelling options to evaluate the proposed investments.
• Perform continuous assessment of possible long-term investment opportunities beneficial for the company.
• Provide financial advisory on M&A, Divestments and New Ventures - generate and propose to corporate and executive management, strategic options backed up with appropriate analysis (for long term and strategic investments).
• Review the financial performance of the company and also its long-term investment portfolio to assess the achievement of investment objectives and to further identify areas of strengths, weakness, opportunities and threats (SWOT analysis). Support the performance evaluation with the required qualitative (business and operational assessments) and quantitative analysis (profitability, leverage, solvency, liquidity, volatility ratios).
• Review the financial information of the proposed / potential strategic investments to identify financial irregularities (in the form of qualified audit report etc.).
• Identify and recommend ways to optimize transactions within group for financial benefits including tax optimization opportunities.
• Perform cost benefit analysis on the capital expenditures and evaluate the most suitable funding option to finance capital expenditure.
• Assess the available opportunities for effective intra-group lending to optimize the financing cost to group.
• Prepare board meeting deck for CFO to present in board meetings including liaising with other sub-functions of CFO office to get the required information in preparing the board meeting presentations.
• Collect the financial information from other functions of the company and OpCos as required by main investor relations function.
• Prepare summary reports involving financial information as required by the investor relations function.
• Support main investor relations function in developing the communication strategy on financial information.
• Perform any other adhoc tasks required by management.

• Bachelor's Degree in Business Administration, Finance, Accounting or any other similar field.
• Above 12 years of experience in related field including 6 years in a leadership role.
• CPA or other relevant certifications

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