Financial Planning

1.Role Objective

JOB CONTENT

To lead, guide and supervise the smooth and sound operation of company's financial planning & reporting function under Finance & Accounts department such as managing company's budgeting system, producing financial information through quality reports; providing actionable data that will assist Senior Management/BOD planning and managing the core functions and ensure all activities are being carried out as per the process and procedures

2. Duties and Responsibilities

Strategic:

1. Develop Finance & Accounting policies, plans and programs in consultation with key stakeholders which will assist the achievement of PODC's business plans and strategies and in line with vision and mission of the company.
2. Oversee the function of the Financial Planning & Reporting section to facilitate and meet the objectives of the business in the long run.
3. Provide timely financial inputs and statistics of the on-going projects that allow the CFO and the executive management in key decision making.

Finance:

1. Lead development of company's planning and budgeting process (both revenue and cost), including the development of effective budget models for departments, utilizing tools to perform work plans and reconciliation of budgets with programmatic work plans and organizational goals.
2. Liaise with Directors of various departments for the preparation of budgets of their respective departments, share budget template (which captures CAPEX, OPEX, Manpower required), assist them wherever required
3. Perform periodic cost and productivity analysis to ensure optimal productivity and return on investment.
4. Liaise with Commercial Department regularly to receive updates on projected revenues.

Operational:

1. Lead the production of financial analysis (e.g. revenues, expenditures and cash management) and presentations for senior management and Board of Directors that will assist them in planning and managing the core functions of the company.
2. Develop regular MIS & financial reports (Routine/Adhoc) which highlights business, port operations volumes, forecasts, trends, budget performance and company's financial position for key stakeholders and the Management Team.
3. Responsible for presenting Budget Status which highlights Budget utilization and variance.
4. Work closely with Directors of the Departments across the company to monitor and revise budgets throughout the year and life of projects.
5. Ensure compliance with current budget and spending policies, and propose improved policies and systems regarding spending guidelines, cost savings, cost allocation, and annual planning.
6. Assist the Chief Financial Officer, and executive leadership team on special projects that require financial analysis.
7. Work with the Finance team to automize financial reports and reporting processes, to deliver more efficient, effective, and useful reports and analysis.
8. Assist both internal and external auditors by providing relevant information as and when requested.

MINIMUM EDUCATION & QUALIFICATIONS

Education:

• Bachelor's degree in Accounting & Finance or related field or as per the Minimum Qualifications and Experiences matrix in PODC.

Experience:

• Minimum of 8 years of relevant work experience in Accounting & Financewith 3 years in supervisory level. Or as approved in the Minimum Qualifications and Experiences matrix.

Special Skills & Knowledge:

• Experience in budgeting and budget planning including development of annual budgets, forecasting and variance analysis.
• Knowledge of Accounting software
• Analytical & problem solving ability
• High degree of understanding accounting process & procedures
• Excellent data presentation skills
• Deadline-oriented
• Excellent attention to details
• Ability to handle multiple tasks and work under tight deadlines with changing priorities.
• Knowledge of Variance Analysis
• Excellent Personal and interpersonal skills
• Advance proficiency in Microsoft Excel