Finance Business Partner

Role Overview

The Finance Business Partner acts as a strategic advisor for designated business units, helping to bring operational strategies to fruition while maintaining robust partnerships with business leaders. This position leads and oversees budgeting, forecasting, and comprehensive reporting cycles for both routine and special requests from senior management. In addition, the role contributes significantly to the achievement of the organization's strategic goals within predetermined KPIs, budgets, and established policies.

Key Duties and Accountabilities

• Formulate both short and long-term strategies for assigned functions in concert with finance and business unit leaders to elevate organizational capability and overall business outcomes.
• Implement finance initiatives as detailed in operational plans, ensuring objectives are met and aligning with the company’s overall strategy.
• Lead the execution of finance operational plans, driving engagement and producing high-quality deliverables from business stakeholders.
• Sustain a highly motivated and committed team by promoting awareness and adherence to the company's vision, mission, values, and corporate strategy.

Budgeting & Financial Management

• Oversee, prepare, and implement business and people budgets, continuously monitoring for accurate expenditures, identifying opportunities for savings, and recommending interventions where discrepancies arise.
• Coordinate the development and submission of the annual supply chain budget, working closely with logistic, warehouse, procurement, planning, and distribution department heads. Submit finalized budget to the Director of Financial Planning & Analysis for approval.
• Lead ongoing monitoring and assessment of budget performance (both monthly and quarterly), identifying variances and corrective actions to maintain fiscal discipline.
• Provide senior management with thorough analysis of the financial impacts of management decisions, supporting informed strategic choices.
• Support departmental budget preparation as a liaison between business units and finance, ensuring smooth budget implementation and alignment with objectives.
• Verify spending against approved levels, investigate significant deviations, enforce cost controls, and ensure continuous monitoring against set targets.
• Collect, validate, and ensure the accuracy of key data from various sources to support financial assumptions and business decisions.

Financial Planning & Analysis

• Lead creation and review of financial models and analytical reports, including presentations to address evolving and ongoing financial questions.
• Set up protocols for monitoring NADEC’s liquidity needs, funding requirements, and ensure suitable actions are taken when necessary.
• Develop financial plans and policies in partnership with the VP of Finance and oversee their execution, including preparation of both regular and ad-hoc financial reports.
• Provide insightful financial input to guide decisions on key strategic initiatives.
• Perform long-term forecasting and sensitivity analysis to prepare for a variety of potential business scenarios.
• Collaborate cross-functionally to review departmental initiatives, assess budgetary needs, collect data, oversee programs, and make recommendations on all stages of budget management and interpretation.

Qualifications and Experience

• Bachelor’s degree in Finance or related area is required.
• Advanced degree such as an MBA or Master’s is preferred.
• Membership or certification from a recognized professional body (CMA, CPA, ACCA, ACA) is strongly recommended.
• 8 to 12 years of relevant work experience in finance or related fields.