Profit Analyst: Central Planning & Reporting

Job Advert Summary

To assist the WSA and Group Planning team by providing the business with a sound system of performance management that is aligned with the achievement of company-wide financial goals and the balanced scorecard. To manage the financial aspects of the planning, strategy, budgeting and forecasting processes for WSA including scorecarding.

To assess and monitor the returns of key strategic initiatives and to provide the necessary decision-making framework and support to enable this. To assist in the design, build and usage of models for the future of performance management in OneStream!

Minimum Requirements

• Able to understand and explain budgeting and forecasting to financial and non-financial users
• Able to develop and use complex financial models for evaluating financial performance and determining financial returns
• Able to engage and influence senior management’s financial decision making
• Able to effectively use and improve how we use the latest decision support technologies (e.g. Hyperion, Qlik, Excel, with training into the new world of Onestream/ Project Optimus)

MINIMUM QUALIFICATION

• Relevant Financial qualification – CA (SA) EXPERIENCE REQUIRED
• CA (SA) – Newly qualified - 2 years post qualifying experience in retail financial analysis

Duties and Responsibilities

• Provide guidelines and parameters for budgeting and forecasting by setting guidance for teams for sales and expense growth
• Engage with BU Finance Managers (BUFMs) and analysts to co-ordinate timelines for budgeting and forecasting cycles. Liaise with Hyperion team to co-ordinate the uploading of budgets and forecasting to the reporting systems in place, including OFIN
• Participate in the design, build and transfer of planning processes into Onestream. Build the future!
• Process monthly budget journals.
• Preparation of quarterly board meeting papers.
• Liaise with systems accountant on monthly store cost allocations and review head office cost allocations.
• Liase with the wider team to ensure alignment across Actuals/ Budget/ Forecast/ Last year, across systems and reports.
• Provide financial support and analysis to the WSA/ Group Planning team across a wide range of strategic cross functional initiatives. This includes, but not limited to the following:
  • Financial modelling and scenario analysis including overarching control of the WSA Corporate model across full suite of financial metrics
  • Consolidation of BU submissions into WSA models and upwards submission into WHL models
  • Clear tracking and analysis of base vs initiatives
  • Regularly updating the DuPont model
• Coordinate stakeholders to report on scorecard; including setting the standard and cascade financial templates for the preparation of the WSA Food and FBH scorecards
• Complete special projects that could result in improved financial efficiencies across the businesses.