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Title:  Financial Planning & Analysis Specialist

Job ID:  64842
Country:  Philippines
City:  BGC, Taguig City
Professional area:  Accounting & Finance
Contract type:  Permanent
Professional level:  Experienced
Location: 

BGC, Taguig City, 00, PH, 1634

 

We’re JTI, Japan Tobacco International and we believe in freedom.

 

We think that the possibilities are limitless when you’re free to choose. In fact, we’ve spent the last 20 years innovating, creating new and better products for our consumers to choose from. It’s how we’ve grown to be present in 130 countries. But our business isn’t just business. Our business is our people. Their talent. Their potential. We believe when they’re free to be themselves, grow, travel, and develop, amazing things can happen for our business. 


That’s why our employees, from around the world, choose to be a part of JTI. It’s why 9 out of 10 would recommend us to a friend. And why we’ve been awarded Global Top Employer status, six years running.
 

So when you’re ready to choose a career you’ll love, in a company you’ll love, feel free to #JoinTheIdea. (Learn more: jti.com)

WHAT THIS POSITION IS ABOUT - PURPOSE

To support the FP&A Entity Planning Manager and the Head of FP&A in the area of financial planning, reporting and analysis through: (1) preparing financial forecasts;  (2) preparing market/regional/global requirements for financial reporting; (3) monitoring and controlling of budget; and (4) Supporting in financial operations.

 

WHAT WILL YOU DO - RESPONSIBILITIES

 

  • Collaborate with different functions in market and factory for Annual and Strategic Plan (A&SP), Outlook (OL/PMM) and Latest Estimate (LE) exercises by:
    • Preparing the templates for input data;
    • Gathering and challenging inputs from other functions/team and checking details;
    • Preparing and analysing working files for financial reporting requirements; and
    • Preparing input data for system loading.
  • Analyse and drive quality inputs to Operational Planning Requirements for funding requirements:
    • To provide quality inputs for the preparation of cashflow for financing requirements;
    • Analyse and validate the operational cashflow forecast prepared by Local Treasury team;
    • Validate sales forecast (demand planning) - Invoice Sales (IS) and In-Market Sales (IMS); sales distribution / allocation; and
    • Validate inventory forecast (supply planning) - in terms of days inventory outstanding (DIO) and product sourcing.
  • Collaborate with market and factory to track and ensure delivery of entity financial forecasts: finished goods/NTMs inventory flow and position, excise tax, AR, interco transactions:
    • Liaise closely with Market GSC team to ensure update information/change is capture on timely basis
    • Coordinate closely with Market GSC and FP&A team on SKUs planning for LE/ASP IVCP and SPFG submission to ensure targeted information/data flow from these GSC system to GPM to avoid unnecessary surprises that will impact entity working capital/FCF performance
    • Liaise closely with factory finance to incorporate most updated business changes and input in each planning cycle, take effort to minimise unforeseen circumstances due to lack of communication at quarter end and year end close
    • Liaise closely with market finance team to ensure that all FCF related accounts are properly accounted for in terms of treatment, calculations, timing payments and other changes in actual position that may impact the planning horizon and delivery of targets, anticipate opportunites and risks.
  • Initiate operational process efficiencies and drive proactive responsiveness to market / HQ requirements:
    • Educate end-users with regards to financial impact of activities/transactions;
    • Attend to HQ's queries/clarifications with regards to operational and financial reporting and analysis; and
    • Involvement in developing and improving processes, policy and procedures.
  • Responsible for system related data maintenance as required (i.e.. Ledger Account, Profit Center, Cost Center, Inventory Conditions)
  • Perform necessary financial analysis during accounting period-end closing by:
    • Validating and analyzing the actual results versus forecast/plan;
    • Working closely with budget owners, to ensure that variances are identified on a timely basis for relevant management action; and
    • Coordinating with GL Team for pre-closing reviewing/checking, ensuring that all transactions have been considered.
  • Lead preparation of  financial reports to HQ, Region and local management by:
    • Preparing Page 2 and Free Cash Flow (FCF) reporting as required by the Entity Planning Manager; and
    • Preparing financial reporting as requested by the finance leadership team or executive management team
  • Perform any other relevant tasks given by the Entity Planning Manager and Head of FP&A.

 

 

WHO ARE WE LOOKING FOR - REQUIREMENTS:

  • A Bachelor's degree in Accounting. 
  • At least 3 years professional experience in multinational FMCG company in similar FP&A/Budgeting function:

    • Financial forecasting and modelling

    • Budget monitoring and communications

    • Financial reporting and analysis

  • Effective verbal and written English communication skills
  • Strong MS application skills especially in MS Excel and exposure in SAP and BW.
  • Possess effective communication style.
  • Able to manage deadlines under tight time pressure is important.  Results oriented.
  • Ability to work with great level of details as well as overall view simultaneously.
  • Ability to connect the dots and good financial analysis skills.
  • Has high learning agility and adaptability to evolving business environment.

 

WHAT’S IN IT FOR YOU?

  • Work in JTI Philippines Headquarters Taguig
  • Be covered with medical insurance upon hiring, with dependent coverage and medicine allowance
  • Receive bonuses and cash allowances such as meal and transport allowance
  • Have access to over 200 company training
  • Well-being programs for employees
  • Opportunities for your career growth
  • Recreational facilities in the office - Videoke, billiard and table tennis
  • Be part of a truly international and diverse company with over 40,000 employees in 130 countries.
  • Experience the culture of an Investors in People certified company
  • Find out why 9 out of 10 employees recommend us to a friend.
  • Understand why 9 out of 10 employees say they feel free to be themselves.

 

WHAT ARE THE NEXT STEPS - RECRUITMENT PROCESS:

  • Thank you very much for your interest in the role. You are welcome to apply.
  • We will make sure every candidate will receive a reply within 2 - 3 weeks after the application deadline.

 


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