Financial Planning and Analysis Specialist

Key Responsibilities

Collaborate with cross-functional teams to optimize financial performance on a global scale, leveraging financial planning and analysis (FP&A).

Support in the annual budgeting process and periodic forecast cycles, consolidating divisional inputs and validating assumptions to ensure alignment with strategic objectives. 

Support in developing, maintaining and improve financial models.

Assist in designing and execute allocation methodologies for direct and indirect costs.

Prepare detailed variance analyses and explanatory commentary for monthly management packs and board presentations.

Assist in collaboration with cross-functional partners (IT Operations, HR and other teams) to capture relevant data.

Collaboratively working on automation of reporting processes and dashboards to enhance data visualization and improving work cycle time. 

IT Cost Allocation: Responsible for the process of allocating IT costs (infrastructure, software, services, overheads) to business units, departments, services or regions using established and optimized allocation methodologies. Ensure the chosen allocation drivers accurately reflect resource consumption for meaningful chargeback and profitability insights.

Support in consolidating financial data and IT costs from various international/regional business units.

Chargeback Processes: Maintain transparent chargeback models that recover IT costs from internal clients based on usage or service level agreements.

Allocation Precision Post-Consolidation: Monitor for allocation accuracy and adjust underlying drivers/rules as needed to reflect changes in business structure or resource utilization, with the aim to minimize allocation errors and ensure that business units are charged fairly.

Analysis and Reporting: Analyse variances between allocated/billed and actual costs. Prepare detailed financial reports and dashboards.

Handle large volumes of data, ensuring accuracy, integrity, and security in accordance with organizational policies and procedures.