Financial Planning Sr. Analyst

Location

Head Office

Job Purpose

The Financial Planning Analyst supports the FP&A department in providing comprehensive financial analysis, forecasting, budgeting, and reporting. This role focuses on the technical aspects of financial planning, ensuring data accuracy, conducting detailed analyses, and supporting the implementation of financial strategies. The Financial Planning Analyst plays a critical role in assisting with month-end closing, forecasting, cash flow management, and benchmarking activities.

Key Responsibilities

Health & Safety:

Comply with Health & Safety Rules and Regulations as per Lafarge H&S Standards

Functional:

Month-End Closing:

Assist in reviewing actual financial results and ensuring accuracy and completeness of financial records.
Create and review accruals and provisions where necessary, ensuring proper accounting treatment.
Analyze month-end results versus forecasts and prior periods, identifying and explaining variances.
Support the approval process for invoices and purchase requisitions, ensuring correct accounting allocation and alignment with forecasts and budgets.
Cement Entity Sales General and Admin (SG&A) Cost Controlling:
Assist in developing forecasts and budgets for SG&A costs, including IT, HR, top management, legal and communication, finance, and sales and marketing.
Analyze actual SG&A costs and collaborate with concerned departments to identify and explain variances.
Conduct variance analysis to identify trends, risks, and opportunities for cost control and optimization.
Ensure SG&A spending aligns with budget and strategic objectives.

Country People Costs:

Prepare dashboards analyzing people costs by entity, cost center and account to monitor cost vs forecast and prior year.
Monitor variances in costs versus headcount plans for both direct and subcontracted labor.
Ensure proper allocation of costs and alignment vs headcount reporting.
Provide allocation of new hires as per company reporting standards.
Financial Planning and Analysis:
Assist in the preparation and consolidation of financial statements for budgeting, forecasting, and medium-term planning.
Conduct detailed financial analyses to support profitability assessments, margin optimization strategies, and variance analysis.
Prepare and review financial reports, ensuring accuracy and compliance with company policies and standards.
Support the FP&A team in developing business review and strategy presentations and presenting financial insights and recommendations to senior management.

Financial Benchmarking:

Contribute to the benchmarking analysis against other listed players in the market to assess financial performance by analyzing differences in financial performance, including cost structures, and efficiency.
Data Management and Systems:
Maintain accurate and up-to-date financial data and records in financial systems.
Assist in the implementation and enhancement of financial software and ERP systems to improve data accuracy and reporting.
Develop and maintain financial models and tools to support analysis and decision-making.

Compliance and Reporting:

Ensure compliance with company policies, financial regulations, and internal controls.
Support internal and external audits by providing necessary documentation and explanations.

HARP Compliance:

Using actions in place to move the company to align with group rules (HARP). This includes costs allocation; cost centers details, allocation of costs in variable and fixed breakdowns, headcounts definition, etc.

Education, Qualifications & Experience

Education: Bachelor's degree in Finance, Accounting, or a related field; CPA or CMA certification is a plus.

Technical Skills:

Budgeting, Forecasting, Controlling and SAP

Financial Modeling

Advanced Excel

Variance Analysis

Scenario Planning & Sensitivity Analysis

Soft Skills

Excellent interpersonal and communication skills.

Highest Level of analytical skills.

Strong attention to detail and accuracy.

Experience: 4-6 years in FP&A and Controlling roles