HCM – Financial Planning & Forecasting Analyst

JOB BRIEF:

A Commercial Finance Analyst’s goal in a company is to maximize profits for brands under management. Commercial Finance Analyst performs data analysis on ways to maximize profits, financial performance, support and help with other tasks assigned by Senior Finance Manager of Commercial and Finance Controller.

JOB RELATION:

1. Direct superior: Financial Supervisor and Senior Finance Manager
2. Direct reports: Senior Finance Manager
3. Major internal communication: Commercial and other departments.
4. Major external communications: N/A

DETAILED JOB DESCRIPTION:

1. Financial analysis and Business partnering (70%):

• Analyze financial reports related to revenue, costs, and profitability, comparing them with past performance, budget targets, and current market trends to provide insights.
• Establish and set KPIs for the commercial team to drive performance, ensuring alignment with business goals.
• Review current performance metrics, collaborate with the commercial head to identify actions, run scenarios, and provide recommendations to achieve KPIs.
• Develop financial model and feasibility study to provide recommendations and advice for business projects
• Calculate and manage the optimal buying plan to ensure healthy stock coverage each month while achieving KPIs.
• Work closely with the sales team to define sales pricing and discount strategies, while supporting the standardization of pricing schemes.
• Support commercial teams’ promotion scheme for special events, stimulate P&L and evaluate scheme performance

2. Financial budgeting (20%)

• Develop and manage the annual budget for the organization, ensuring accuracy and alignment with strategic goals and objectives
• Identify and implement cost-saving measures and efficiencies to optimize the financial resources of the organization
• Collaborate with department heads to plan, review and analyze departmental budgets, providing guidance and support in financial decision-making

3. Other tasks assigned by direct supervisor/manager/Director (10%)