GROUP FINANCIAL PLANNING ANALYST FINANCE at Woolworths

Job description

MAIN PURPOSE

• To support the Group Financial Planning Manager in delivery of the Group’s strategic plan through managing the annual Group budgeting process, the forecasting of forward profitability and cash flow and supporting Executive decision-making with professional financial analyses.
• To assist with the analysis of group monthly reporting requirements actual v budget, forecast and variance analysis.

KEY RESPONSIBILITIES

• Assist in setting Group targets that align to the strategic intent
• Assist in preparing Group / consolidated periodic budgets, plans and forecasts
• Process and reconciliation of Group / consolidated detailed budgets and forecasts to Topline budgets and forecasts
• Process and reconciliation of Group budget & forecasts to actuals
• Assist in management of the Group annual budgeting, forecasting and strategic processes, consolidating the projections from all parts of the Group, identifying and mitigating risks and managing opportunities
• Provide financial analysis and multi-year financial forecasts to support the Group strategic plan and monitor performance against plans
• Assist in summarising Group budgets and forecasts into reports to Finance Director and Executives
• Resolve queries across group submissions.
• Assist in drafting submission papers to the Board, on Planning targets, Budgets and forecasts
• Analysis of Group competitor results and benchmarking (in South Africa and Australia), identifying and reporting upon key differentiators in corporate performance.
• Develop and maintain the Group Corporate model
• Complete special projects that could result in improved financial efficiencies across the businesses.
• Drive group integration.
• Setup strategy, planning, budgeting and forecasting process in Cloud based Oracle EPM.

KEY COMPETENCIES

• Financial modelling skills
• Sound understanding of accounting processes and internal controls
• Experience with multi-currency reporting and translation
• Experience in full suite of deliverables- income statement, balance sheet, cashflow, capital plans, treasury and tax, non-financial measures.
• Able to effectively plan & report using latest decision support technologies (e.g. Oracle Could EPM, Hyperion, Excel).
• Practical experience on DCF’s & impairment testing.
• Develop detailed budgeting and forecasting timelines
• Develop and explain complex budgeting and forecasting financial models
• Work under pressure and to tight deadlines

JOB REQUIREMENTS & EXPERIENCE

• CA (SA) with 1 - 3 years post qualifying experience
• Planning, budgeting and forecasting experience.
• Planning & reporting using Oracle cloud EPM, latest Decision support systems experience advantageous.
• Working across multiple geographies at a group level (HO based)