Senior Finance Business Partner
1 week ago
**ABOUT THE COMPANY**
Blue Label Distribution is the largest distributor of prepaid e-tokens of value, with over 150,000 distribution points of representation nationally. We offer tailor-made and specialised solutions for various go-to-market environments. Our distribution expands across all segments of the market and includes: Corporate Distribution (Insurance, Banking), Retail Distribution (Food and Non
- Food Retailers, e.g. SPAR, Pick n Pay, Powerfashion, Woolworths),Petroleum Forecourt (Corporate and Franchise owned outlets across Engen, Shell, Total, BP, PUMA, Global and more), Independent / Informal Distribution (Moms & Pops/SPAZA), Store in store concepts, Stand-alone stores.
**JOB PURPOSE**
The Senior Finance Business Partner is responsible for supporting and managing the Finance Business Partners in conjunction with performance management, decision taking and commercial support, pricing support/product profitability analysis, product modelling/profitability, budgeting/forecasting, business case preparation and review, market/customer/competitor analysis and are a key agent of change.
**RESPONSIBILITIES**
**Business Partner Activities**
- Manage and support Finance business in their functions and output to key stakeholder to ensure consistency and accuracy
- Act as the main link between the Finance function and the business (e.g. Operations and Sales teams)
- Provide proactive business, functional and external (market, competitor and customer) insight based on in-depth business knowledge
- Solve key business problems in a timely manner Improve business decision making, influencing and drive optimal business outcomes
- Develop and sustain long term relationships with business stakeholders (e.g. CFO, Business Heads, BLT Group)
- Identify and challenge ways of working that impact efficient performance delivery and influence stakeholders to initiate changes with the COE and GPOs identifying gaps and close out timely manner
- Coach non finance managers for gaps identified
- Form judgements based on ambiguous and incomplete data
- Partner closely with business decision makers to gain deeper understanding of business operations (Technology, Finance, Customer Interaction Centre and Logistics) and challenges
**Compilation of Business Plan**
- Enable the compilation of the Business Plan for the Business Unit
- Facilitating and compiling the BU plans
- Integrating BU operational plans with Financial plan to enable operating plan delivery
- Influencing strategic direction of the BU through interpretation of the financial and sustainable impacts of strategic direction
- Challenging BU assumptions and strategies to ensure that these align to common realities and to those as issued by Group functions
- Review finance business partners business plans Governance and Financial Risk
- Ensure appropriate governance and financial risk management
- Create business risk awareness to identify risks for the short and medium-term financial strategic objectives, and to develop and implement the necessary risk mitigating plans in line with the organisation
**Risk Management Framework**
- Provide specialist input in to financial risk matters and fulfil a governance role in accounting, tax, insurance, procurement, financial information management systems by liaising with Centres of Excellence
- Ensure the operation of robust internal control system in the BU to enhance control effectiveness and address process inefficiencies by liaising with Design Authority Team
**Customer Service**
- Manage and enhance customer service expectations and ensure continuous improvement and service
- Use a formalised process to understand customer needs
- Ensure customer needs and requirements are satisfied through appropriate systems / processes / procedures
- Initiate change to continually improve all aspect of service delivery
**Resource Management**
- Focus team on key performance areas to achieve business objectives and identify and manage risk / opportunities in this regards
- Embed appropriate performance management with direct reports
**Functional Strategy Formation**
- Contribute to the formation of a key element of functional strategy through specialist expertise and insights, to ensure that the strategy meets business needs
**Information and Business Advice**
**BEHAVIOURAL COMPETENCIES**
- Financial Acumen
- Business Insight
- Ensures Accountability
- Manages Complexity
- Instills Trust
- Optimizes Work Processes
- Organizational Savvy
**SKILLS**
- Data Collection and Analysis
- Planning and Organizing
- Assessment
- Compliance Management
- Costing and Budgeting
- Numerical Skills
- Policy and procedures
- Financial Modelling
- Risk Management
- Strategic Planning
**EDUCATION**
- Matric
- Bachelor’s degree, Qualified Accountant (CIMA/CA (TOPP) or equivalent)
**EXPERIENCE**
- Proven experience (at least 5 years) in working as a finance business partner and/or financial planning and analysis in a management position
- Exper
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