JOB MISSION:
As the key Finance Business Partner specialising in Operations & Logistics, you will play a critical role in overseeing & managing the financial aspects of the Operations & Logistics function. Working closely with key stakeholders, including Operations Managers, Logistics Coordinators, and senior leadership, you will provide financial insights and support to optimize operational efficiency, improve cost-effectiveness, and drive profitability. This role requires a deep understanding of both financial principles and operational processes, as well as strong communication and collaboration skills to effectively bridge the gap between finance and operations.
MAJOR ACCOUNTABILITIES:
Cost Management and Operational Efficiency:
* Partner with operations managers to analyse and optimize operational costs.
* Identify areas for cost reduction or process improvement initiatives, implement cost-control measures and monitor operational expenses to achieve financial objectives.
* Track cost-saving initiatives and assess their impact on financial performance.
* Collaborate with cross-functional teams to streamline workflows and optimize resource allocation.
Inventory Management:
* Developing the regional inventory management strategy with the aim of controlling costs within budgetary limits, generating savings, rationalizing inventory and maximizing available working capital, implementing necessary improvement processes
* Minimising overstocks and removal of obsolete / redundant inventories to maximize availability of working capital
* Managing KPI's and control measures to ensure red-flags or unusual trends are highlighted, addressed, and resolved
Business Partnership:
* Serve as a trusted advisor to operations and logistics leaders, providing financial insights and guidance; Participate in cross-functional meetings and projects to support strategic decision-making.
* Collaborate with stakeholders to develop financial plans aligned with operational objectives.
* Managing, coordinating, and coaching a small team of management accountants.
Financial Analysis and Reporting:
* Conduct regular financial analysis to assess & provide insights into the performance of operations and logistics functions and identify areas for improvement.
* Prepare financial reports, including variance analysis and KIPs, to monitor & evaluate the company's financial performance, highlighting key trends and insights.
* Develop and maintain financial models to support forecasting, budgeting, and decision-making processes.
Budgeting and Forecasting:
* Collaborate with operations and logistics teams to develop annual budgets as well as both short-term and long-range forecasts.
* Monitor actual performance against budgeted targets and provide variance analysis.
* Identify risks and opportunities and recommend adjustments to achieve financial goals.
Cost Management and Operational Efficiency:
* Partner with operations managers to analyse and optimize operational costs.
* Identify areas for cost reduction or process improvement initiatives, implement cost-control measures and monitor operational expenses to achieve financial objectives.
* Track cost-saving initiatives and assess their impact on financial performance.
* Collaborate with cross-functional teams to streamline workflows and optimize resource allocation.
Inventory Management:
* Developing the regional inventory management strategy with the aim of controlling costs within budgetary limits, generating savings, rationalizing inventory and maximizing available working capital, implementing necessary improvement processes
* Minimising overstocks and removal of obsolete / redundant inventories to maximize availability of working capital
* Managing KPI's and control measures to ensure red-flags or unusual trends are highlighted, addressed, and resolved
Business Partnership:
* Serve as a trusted advisor to operations and logistics leaders, providing financial insights and guidance; Participate in cross-functional meetings and projects to support strategic decision-making.
* Collaborate with stakeholders to develop financial plans aligned with operational objectives.
* Managing, coordinating, and coaching a small team of management accountants.
REQUIREMENTS FOR SUCCESS:
* Bachelor's degree in Finance, Accounting, Economics, or related field; Master's degree or professional certification (e.g., CPA, CFA) preferred.
* Proven experience (10+ years) in finance or accounting roles, with a focus on financial analysis and business partnering, preferably in a managerial role.
* Strong understanding of financial principles, regulations, and best practices as well as operational and logistical processes.
* Advanced proficiency in financial modeling, forecasting, and data analysis tools (e.g., Excel, ERP systems).
* Excellent communication skills, with the ability to effectively communicate complex financial concepts to non-finance stakeholders.
* Strong analytical and problem-solving skills, with a keen attention to detail and accuracy.
* Problem solvers collaborating with others in finding solutions to challenges as well as ways to improve processes or develop new methods in managing & balancing cost, efficiency and profitability.
* Ability to work independently and collaboratively in a fast-paced, dynamic environment.
* Demonstrated ability to influence and build strong relationships with stakeholders at all levels of the organization.
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