Financial Planning & analysis specialist - opex/capexJapan Tobacco International

We're JTI, Japan Tobacco International, and we believe in freedom.
We think that the possibilities are limitless when you're free to choose. We've spent the last 20 years innovating and creating new and better products for our consumers to choose from. It's how we've grown to be present in 130 countries, and how we've grown from 40 to 4,000+ employees in the Philippines since 2009.
But our business isn't just business, our business is our people. Their talent. Their potential. We believe that when they're free to be themselves, to 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 87% of employees feel happy working at JTI, and why we've been recognized as INVESTORS IN PEOPLE in the Philippines.
So when you're ready to choose a career you'll love, in a company you'll love, feel free to #JoinTheIdea.
Learn more:
WHAT THIS POSITION IS ABOUT - PURPOSE
To support the functions, Commercial Finance Opex / Capex Manager, FP&A Director in consolidating / managing the Operating Expenses (Opex) and Capex budget for Corporate planning cycles, partnering with business functions in ensuring understanding financial impact of business decisions, driving improvements to enhance budgetary control, and ensuring delivery of Opex plan through month and year end closing monitoring and reporting.
Critical to the success of the incumbent will be to build solid working relationship and work closely with multiple business functions impacting Opex / Capex for the market. Opex is substantially comprised of Salary and Fringe costs representing over 3000 employees, therefore main business partner is People and Culture.
WHAT WILL YOU DO - RESPONSIBILITIES
Corporate Planning Submissions
Own corporate planning submission process for Opex and Capex from instruction, liaise with partners, review and consolidation, submission of final budget to market planning
Drive realistic plans from business partners through thorough checking and discussions on drivers / assumptions behind the numbers
Own the templates required for submission and bring improvements where required / ensure optimal automation
Continuous Budget Management
Ensure continuous review of budget throughout the year through analysis of actual v plan variances and discussions with partners
Build reports to budget owners that draw the attention to important deviations and collaborate to understand explanations
Hold quarterly review meeting with partners to review formally and document
Seek improvements on Salary and Fringe planning (main component of Opex)
Business Partnering for decision making
Ensure Opex / Capex partners prepare BAP Memo under JTI operating guidelines, facilitate with preparation / review of financial information and ensure quality narratives for smooth approval process
Guide business partners on the financial impact of making decisions and the respective impact
Play a challenger role in prudent budget management and spending including drive of cost consciousness mindset in functions
Educate non finance teams on finance topics including but not limited to Goods Receipt, Accounting Impacts of OCC and FCF, Operating guidelines, NPV of projects
Month and Year End Closing Monitoring and Reporting
Monitor P&L during month end closing and monitor for expected entries, following up with partners and liaising with Entity Finance as necessary
Complete analysis of Opex / Capex actual with comparison to latest plan and obtain / corroborate explanations from business partners
Produce reporting summary for Commercial Finance Opex / Capex manager, and present analysis and highlight critical points
At year end closing, prepare and guide business partners to ensure a smooth year end closing, early closeout of entries and delivery of plan
Other ad hoc
Perform other ad hoc analysis as requested by the Commercial Finance Manager Opex / Capex or FP&A Director, and necessitated by business requirements
WHO ARE WE LOOKING FOR - REQUIREMENTS:
A Bachelor's degree in Accounting a must, CPA not required
3-5 years professional experience in multinational FMCG company or Auditing Firm, with experience in (1) Financial forecasting and modelling, (2) Budget monitoring and communications, (3) Financial reporting and analysis
Possess effective verbal and written English communication skills
Must have strong skills in MS Excel and exposure in SAP and BW / GPM
Ability to work with great level of details and summarize for reviewer
Possess effective communication style, good presentation skills.
Able to manage deadlines under tight time pressure is important.
Ability to connect the dots. Good financial analysis and business acumen 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 weeks after the application deadline.
Japan Tobacco International

Taguig City, Metro Manila
Permanent
Full-time