Title:  FP&A Supervisor

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Position: FP&A Supervisor

Department: Leaf Finance

Reporting to: Leaf Finance Manager

Job Location: GLT Leaf, Kushtia, Bangladesh

The main responsibility of this position is to analyze data, keeping a sharp lookout for any anomalies, trends, or deviations and propose strategies to enhance performance-based analysis.
 

What Will You Do:

ASP and LE:

- Classify expense based on their Category (GFE, GME, Warehouse and transportation) and forecast expense for reporting the finance template of ASP and LE

- Closely work with Leaf team to finalize the standard Bill of Material (BoM) and upload and extend SG (Standard Grade) wise BoM in SAP before starting production.

- Collect the forecast of inventory movement for local usage by local cigarette manufacturing plant, 3rd Party Export shipment with collaboration from export-import team and global commercial team for old crop for the next 18 month and 36 month.

- Forecast any old crop to be written-off because of quality deterioration with collaboration from leaf and quality team considering any other issues such as accident, damage.

- Prepare the inventory continuity report for green leaf, packed leaf with their quantity and value with allocation/destination.

- Calculate the forecast of depreciation, capitalization from CIP, addition to CIP, impairment and allocate cost of depreciation to respecting cost category such as green leaf purchase and process cost based on the location of fixed asset for upcoming planning cycle.

- Prepare and upload the total conversion cost for the year in SAP and checking the balances with the management template.

- Calculate the property, including finished goods, insurance premium and categories it within green leaf purchase and process.

- Closely work with agronomy technical team to forecast for Agronomy, CAC and SCDD budget.

Product Costing:

- Calculate the standard cost/unit for each standard grades with agreed Yield, Green Leaf Cost, NTM, Conversion Cost based on standard BoM of each grade.

- Upload the standard cost/ unit in SAP before running production.

- Responsible for uploading the SG Cost/unit in purchase program to get the total cost of a crop year to be distributed among all produced volume

- Responsible for updating NTM, Spare parts, Crop input material costing and variance analysis.

 Cash Flow:

- Check and verify forecast of monthly closing quantity and balance of finished goods, green tobacco, NTM and Spare parts.

- Review calculation of  farmer advance balance, crop input balance, fixed asset capitalization,

- Assess the calculation of Export Proceed, Cost of Goods Sold, Margin, write-off provision adjustment OCC and submit to Entity FCF business partner.

- Analys the calculation of Free Cash Flow (FCF) for the profit center BDP3 for the year and analyze the variance with the actual balance of each balance sheet G/L to identify the driving factor/s.

- Check and review data of accounting payable and receivable balance and payment cycle from R2R Business partner.

- Analyze the variance of actual free Cash flow and LE and rationalize the driving facts.

Reporting:

- Prepare and submit inventory detailed report with 18 months of inventory projection with value.

- Prepare the calculation of advance claim against export proceeds with necessary justification

- Reconcile the green tobacco purchase quantity, price and analyze the cost of green purchase.

- NTM, Spare parts, Standard Grades reconciliation between, SAP, LFPT and Physical Count.

- Analyze quantity of purchase program (demand view and progress view) and SAP for each crop year

- Reconcile the actual product costing vs planned costing (PCFA) including actual and planned BoM between LE and AP.

- Refresh and update the MMR on a monthly basis and reconcile the numbers reflected in MMR from GL.

Promote EHS:

- Promote all the guidelines, suggestions and rules of EHS in all aspect.

- Ensure that resources are adequately provided to meet the intent of the EHS policy.

We Expect from You:

• Bachelor’s in Accounting plus ACCA, CIMA, CA or other relevant professional qualifications.
• 3 to 5 years working experience in an audit or commercial organization. Experience in a multinational with cross border reporting requirements preferable.

• Financial Knowledge: High level of Planning and analysis experience, working in multinational set up and X-collaboration.
• Leadership: Able to work through people and provide professional support to large teams.
• Communication: Ability to effectively communicate to both internal and external stakeholders.
• Initiative: Role requires strong questioning and intuitive thinking to challenge processes and systems.
• Planning: Strong planning skills are essential to the success of the position.
• Decision Making: Essential.

Application Deadline: 6th October, 2024

We value your time and will reach out to you if you are shortlisted within 3 weeks of the application deadline.