Manager - FP&A

Role Title: Manager- FP&A

Location: Remote

Role Purpose

Supports Coats Group entities on FP&A to ensure Finance Business Partner & Managing Director is supported with requisite information. Support the LT members Apparel leadership team, COE function and with FP&A leads of all the respective units to ensure the entire gamut of FP&A works efficiently in driving business goals.

Principal Accountabilities and Key Activities

Monthly closing & reporting:

• Currently responsible for monthly closing of accounts of Coats Group units, BCS submission and reporting of consolidated results to FBP & MD, Group Finance & Divisional FP&A team.
• Supporting to ensure number accuracy with insights and timelines are met (eg Sales Flash on WD1, Results Flash on BCS close day, Results pack on BCS close + 2 days, Forecast pack, etc).
• Respond to ad-hoc requests and queries related to FP&A from business/Group/other Divisions/units.
• Review, evaluate and conduct iterative financial modelling requirements to provide insights.
• Supporting on Controls, Capex monitoring, Cost allocations deep diving & variance analysis.
• Co-ordinating and supporting various audits (Internal & external).

Forecasts and plans:

• Structure and support the Strategic Plan, Annual Operating Plan and Forecast Processes.
• Provide first line review of Coats Group entities performance and summarize and communicate key issues to management.
• Consolidate plan, budget and forecasts for the Coats Group entities reporting to the FBP & MD by working closely with the Divisional FP&A in line with group initiatives
• Consolidate the completion of the forecasts in a timely and robust manner
• Develop a consistent budgeting and forecasting approach across all units.
• Lead monthly direct cash flow forecast process.

Deal economics:

• Guide on AMC pricing in case of change requests.
• Work closely with Customer Success team for preservation and growth of annual recurring revenue.

Prepare detailed analysis:

• Perform key financial analyses to ensure that key business decisions are aligned with Coats’s overall financial objectives, goals, and metrics.
• Provide, maintain and analyse trends on collection activity
• Work with clusters on updating actual cash flow per direct method and forecast vs actual analysis to drive forecasting accuracy
• Prepare monthly operation support pack to steer forecast vs actual discussion and forecasting improvement

Performance improvement

• Create Detailed Business Reviews to understand and communicate the state of business
• Participates in FP&A meetings and workgroups to identify and implement efficiencies to improve performance.

Team management:

• Conducts regular team meetings to communicate business and team performance
• Build strong working relationships with both Group and Cluster offices
• Coach and develop Cluster FP&A teams and ensure rollout of best practices tools and procedures across the region with a clear focus on ways to evaluate business performance and sustainability of business models

Education, Qualifications and Experience

Essential

• Chartered Accountant
• Minimum 5 years professional experience
• Analytical, logical thinking skills
• Well versed in complex excel setup & presentation skills, Adequate System knowledge (SAP), Power BI / tech tools
• Ability to drive transformational change
• English proficiency
• Emotional intelligence

Desirable

• Sense of urgency / speed
• Responsiveness
• Pro-activeness
• Communication, ability to challenge
• Collaboration
• Influencing
• Conflict management
• Stakeholder management
• Build teams