MANAGER - FINANCIAL PLANNING & BUSINESS ANALYSIS

The Manager - Financial Planning and Business Analysis has responsibility for leading the Company’s financial planning, analysis and forecasting activities.

COMPANY:                  West Indies Home Contractors (WIHCON) Limited

JOB TITLE:                  MANAGER - FINANCIAL PLANNING & BUSINESS ANALYSIS

JOB DESCRIPTION:     The Manager - Financial Planning and Business Analysis has responsibility for leading the Company’s financial planning, analysis and forecasting activities.

This position also heads up the Project Accounting and Inventory Management functions.

DIRECT REPORT:        Chief Financial Officer                          

ESSENTIAL FUNCTIONS:

• Draft, review and analyze Company budgets, latest estimates and revisions to budgets
• Perform financial analysis on Company and project performance
• Oversee the analysis of project performance and Cost-to-Complete (CTC) processes
• Review and oversee project budgets in Job Cost/Project Management System
• Conduct testing, extracting and expansion of business data
• Develop financial reports on the business and projects
• Provide accounting support in Project Budgeting process.
• Oversee the tracking of project progress and related cost
• Oversee financial variance analyses and investigations in a timely manner
• Oversee the reconciliation of projects’  “Work in Progress” in the Balance Sheet
• Provide accounting support and advice to support escalation calculations and other reports for submission to external authorities such as clients and financial institutions
• Review and approve indirect overhead charges to be applied to projects
• Review all project commitments ensuring proper coding and costing as per budget
• Maintain project reporting and Cost to Complete(CTC) dashboard for each project.
• Prepare Company and project profitability reports for management on a monthly basis
• Prepare project revenue reports and report to management on any opportunities for additional billing
• Compile reports for external auditors as required
• Provide indirect supervision for all project administration function
• Provide ad hoc reports and any necessary support for project managers
• Manage and track company expenditure for fixed assets in line with capital budget and management authorization
• Manage the Company’s inventory systems and recording
• Review and approve all internal equipment rental charges for projects
• Review existing processes, procedures, policies, technology and tools and makes regular recommendations for improvement and/or changes
• Work consultatively with respective department for continuous improvement of overall efficiency and cost reduction initiatives
• Lead and maintain a suitable staff structure for the Financial Planning, Analysis and Project Accounting division and determine the responsibility and authorities of each member. Take necessary step, in consultation with CFO/Financial Consultant that would help keep staff motivated
• Conduct staff meeting at regular interval and improve two-way communication between staff and the management
• Attend meetings and participate in presentations where necessary.
• Follow all corporate policies and report any inconsistencies.
• Additional responsibilities may be added as necessary.

QUALIFICATIONS/SKILLS:

• Full working knowledge of budget, contingency, and profitability of projects
• High aptitude for dealing with numeric and financial data, as well as statistics
• Ability to comprehend multifaceted fiscal models & possessing excellent analytical skills
• Collaborate with other professionals; be an energetic team player
• Detail oriented, results driven, confident and forward-thinking individual
• Strong work ethics, organized, excellent leadership abilities combined with excellent written and oral communication. Good at presenting information and ideas.
• Knowledge in cost accounting and experience in the construction industry 
• Strong time management skills
• Expert computer skills, specifically in Timberline and Microsoft Office (Excel, Word, etc).
• Able to adapt to a flexible, fast-paced and dynamic work environment consistent with WIHCON’s core values and mission statement

EDUCATION AND WORK EXPERIENCE:

• 1^st Degree in Finance, Economics, Accounting or Business Administration
• Postgraduate Degree in Business Administration, Finance, Accounting or Equivalent
• Completed or Pursuing Professional Certification in Accounting
• At least five (5) years progressive experience in Accounting or Financial Planning
• Strong business acumen