1. Financial Planning & Analysis
- Prepare and update financial forecasts and budgets.
- Analyze actual results against budgets and forecasts.
- Identify trends, variances, and key performance indicators (KPIs).
- Provide recommendations to improve financial performance.
2. Reporting & Data Management
- Prepare regular and ad-hoc financial reports for management.
- Review sales, revenue, and profit reports.
- Review financial databases and models.
- Ensure accuracy and consistency of financial data.
3. Cost Analysis & Profitability
- Analyze cost structures and identify cost-saving opportunities.
- Evaluate margins by product, customer, or region.
- Support pricing decisions with financial analysis.
4. Market & Business Analysis
- Analyze trading volumes, product demand, and market opportunities.
5. Budgeting & Forecasting
- Assist in the preparation of annual budgets and periodic re-forecasts.
- Work with different departments to collect budgeting data.
- Monitor budget utilization and flag discrepancies.
6. Operational Support
- Support procurement, sales, and operations teams with data-driven insights.
- Analyze supply chain costs and inventory levels.
- Assist in evaluating new business opportunities or projects.
7. Risk Management
- Monitor financial risks such as currency fluctuations and credit exposures.
- Prepare scenario and sensitivity analyses.
- Support compliance initiatives with data and analysis.
8. Process Improvement
- Recommend improvements to financial processes and reporting systems.
- Automate repetitive reporting tasks where possible.
- Assist in implementing new financial tools or ERP systems.
9. Stakeholder Communication
- Present analysis, findings, and recommendations to management.
- Prepare materials for board meetings, investor presentations, or external reporting.
- Coordinate with auditors and other external parties as needed.
Skills
- Financial Modeling – Ability to create and manage financial models to analyze data, forecast future financial performance, and make recommendations.
- Excel Proficiency – Strong skills in Excel, including advanced formulas, pivot tables, and data analysis tools.
- Financial Reporting – Expertise in creating and interpreting financial reports, such as income statements, balance sheets, and cash flow statements.
- Budgeting & Forecasting – Experience in preparing and managing budgets, financial forecasts, and variance analysis.
- Accounting Knowledge – Understanding of accounting principles (GAAP, IFRS), including financial statements and cost structures.
- Data Analysis & Interpretation – Ability to analyze large sets of data, identify trends, and extract actionable insights.
- ERP & Financial Software – Familiarity with financial tools like SAP, Oracle, or other ERP systems, as well as data visualization tools like Power BI or Tableau.
- Cost Analysis – Experience in assessing cost structures and identifying opportunities for cost savings.