Analyst: Central Financial Planning

2 weeks ago


Cape Town, Western Cape, South Africa Woolworths Full time

Advert reference:
woolw_000636

Advert status:
Online

-
Position Summary

Industry:
Wholesale & Retail Trade

Job category:
Other: FMCG, Retail, Wholesale and Supply Chain

Location:
Cape Town

Contract:
Permanent

Introduction


To provide support to the Central Financial Planning team by assisting in the successful delivery of all centralised FBH analytics e.g., sales forecasting, inflation, markdown and margin modelling, reporting and forecasting.


Job description
-
Performance Review and Analysis:

- o Timeous and accurate reporting to support strategy execution.
- o Monitor and analyse the group plans against high level merchandise financial and forecast plans. Identify risks/issues and opportunities.
- o Assist with ensuring accuracy of daily/weekly/monthly forecasting model of sales and sales margin.
- o Provide Finance with quarterly forecasts.

-
Budget Process:

- o Assist with the budget process, provide guidance on weekly phasing of sales and markdowns.
- o Thorough checking and analysis of budgets to ensure reasonable and accurate.
- o Provide Finance with detailed weekly budgets down to sales margin.

-
KPI/Incentive Scorecard:

- o Update, check and publish scorecard bi-annually for completion of performance documents (IPM process).

-
Forex Management:

- o Assist with the maintenance of forex forecasts as required by Treasury for hedging compliance.
- o Monitor purchase orders on a weekly/monthly basis to ensure forecasts are aligned, up to date and accurate.

-
In season trade:

- o Daily, weekly and monthly analysis of sales & sales margin, including markdowns and chain intake margins, as well as clearance sale analysis, determination of markdown provision for Finance and competitor analysis.
- o Provide formal and ad hoc reports, analysed with recommendations to support senior management decision making in managing the business and delivering strategy

Minimum requirements

  • Relevant business diploma / degree (CA(SA), B.Comm)
  • Minimum 5 years retail experience or relevant equivalent experience
  • Retail knowledge
  • Forecasting knowledge/experience
  • Advanced excel skills and computer literate
  • Effective communication skills
  • Analytical skills
  • Problem solving ability
  • Process thinking ability
  • Conceptual ability
  • Teamwork
  • Interpersonal skills
**Woolworths is an equal employment opportunity company that is committed to inclusion and diversity

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