The main objective of this role is to oversee the creation and execution of financial analysis and budget planning procedures for a specific business division. This involves improving the efficiency of financial resource planning and forecasting, as well as promptly identifying and addressing any financial discrepancies. Additionally, the role involves assessing the viability of potential investments to ensure they align with the company\xe2\x80\x99s goals.

Key responsibilities

Strategic Financial Partner:

• Act as a trusted strategic and financial advisor for the assigned division, collaborating with business leaders to drive operational excellence and achieve strategic objectives.
• Implement financial and accounting policies, develop accounting procedures, and ensure timely and informative accumulation and reporting of financial data for decision-making and financial compliance.

Projects:

• Analyze and evaluate investment opportunities based on financial, strategic, and operational considerations.
• Monitor projects to ensure they align with company objectives.
• Lead the integration of acquired assets for a seamless and successful process.

Planning & Budgeting:

• Coordinate with Asset Management heads to align budgeting with strategic and operational plans.
• Prepare budget forecasts based on corporate plans, revenues/costs, and capital investments, following established policies and procedures.
• Oversee the end-to-end budgeting process, making adjustments as needed for accuracy and comprehensiveness.
• Provide guidance to support Asset Management in developing and updating operating and capital budgets.
• Present consolidated budgets to stakeholders and recommend budgetary control initiatives for informed financial decision-making.
• Collaborate with the finance department to establish financial controls framework and reporting standards.

Financial Reporting:

• Develop financial reports based on forecasting, financial planning, and company policies and procedures.
• Determine and integrate KPIs into management reporting, including data gathering, analysis, and communication of reports and forecasts.
• Track financial performance against plans, provide leaders with results and variance analyses, and recommend corrective measures.
• Coordinate with asset departments for accurate reporting and justification of variances.
• Review and update periodical financial statements to keep management informed about the division\xe2\x80\x99s financial health.

Profile requirements

• Bachelor\'s degree in Finance and Accounting, Business Administration or any related field.
• CA or CFA qualified
• Experience in the utilities sector
• 10 years of relevant experience in finance
• Experience in Planning & Budgeting
• Strong understanding of the power and water generation business
• Experience in M&A, project economics, particularly in the energy sector

Beresford Wilson & Partners