Senior Manager Financial Planning and Budget

IDB3175 - Senior Manager, Financial Planning and Budget Business Unit:
ITFC Division:
Not Applicable Department:
Not Applicable JOB PURPOSE:
This role is responsible for financial planning, forecasting, budget preparation, monitoring and controls.
In addition, the role is also responsible for relevant periodic reporting and financial analyses in order to facilitate senior management decision making.
KEY RESPONSIBILITIES:
Core ResponsibilitiesFinancial Planning and AnalysisProduce regular financial forecasts and analytical reports based on internally developed models.Coordinate with the budget unit to consolidate financial projections.Provide input required for cash flow assessment relating to various quantitative analyses (PML, StressAssess or validate the financial viability of a new product/instrument/program or business line.Facilitate ITFC's medium-term financial planning.Derive tangible connections between ITFC operations and its financial performance.Conduct feasibility studies for projects with significant financial, if any.Provide senior leadership with critical financial metrics to clarify the financial health of ITFC.BudgetingEnsure availability and implementation of updated budget policies and procedures.Prepare the annual administrative budgets in line with the operational plan.Perform regular budgeting and utilization reporting, provide the reports to the ITFC management, and propose appropriate corrective actions for variances.Prepare budgeting and utilization reporting for all departments' expenses and tracking variances.Guide the organizational philosophy on cost controls, expenses, and policies and ensure mechanisms forimplementation and monitoring as per established standards.Incorporate best practices for the preparation of administrative budgets across the organization.Provide overall recommendations to the senior management on efficient utilization of the budget.
QUALIFICATIONS AND COMPETENCIES:
Master's degree in Accounting/Finance or a similar discipline or
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