Group Finance Planning and Analysis Manager at Mr Price Group

Mr Price Group is a high growth, omnichannel, fashion-value retailer with 6 trading divisions, namely: mrp ; mrphome; mrpsport; Miladys; sheetstreet and mrpmoney. 

The Group Finance Planning and Analysis Manager at Mr Price Group is responsible for providing a consolidated view of the group’s financial performance. The role supports the Group Head of Finance in ensuring the group’s financial plan is relevant, accurate and sufficiently flexible to drive the business and model options and various financial scenarios. The role requires working with key stakeholders across the group providing business planning, commercial and financial analysis.

The Financial Planning & Analyst  manager is responsible for partnering with the business and providing insight into business performance, influencing and supporting business planning & commercial decision making and forecasting and budgeting processes of the group. The FP&A manager is responsible for identifying areas of commercial risk and opportunity, through financial analysis and insight, ensuring these are swiftly identified and acted on by the business functions. The FP&A manager will manage the annual budgeting process and periodic forecasting for the company and oversee and validate the short-term cash flow projections of the group. 

Key interfaces:

• Divisional financial directors 
• Divisional finance managers 
• Group support cost centre managers 
• Internal/external audit • Group treasury & tax
• Group head of investor relations 
• Group data analytics team 

Key responsibilities:

Reporting

• Consolidation, review and analysis of Monthly executive reporting packs  
• Consolidation, review and analysis of divisional and group budgets
• Preparation of Half Year and Year-end Analyst Packs 
• Preparation of board monthly reports 
• Support Group Head of investor relations on reporting requirements 

Budgeting, business planning & forecasting

• Partner with divisions to support & inject rigour into monthly forecasting and annual budget preparations prior submission to group
• Oversee/manage the Group Support Divisions financial management function, monthly reporting, budgets, half year and year end statutory packs
• Partner with treasury and tax to ensure accurate forecasting of cash, interest and tax
• Manage and coordinate the annual budget and monthly forecast processes for the group 
• Monitoring and measuring results for compliance with financial covenants 
• Preparation of 5 Year Projections and Forecasting Analysis 

Decision support 

• Review and challenge business case funding requests (eg Capex allocation support) 
• Ongoing monitoring and evaluation of actual performance against business cases o Support and preparation of ad-hoc analysis to assist with commercial business  decisions 

Analytical support to Corporate Finance

• Lead analysis for corporate finance related transactions 
• Ad hoc analysis for CFO and CEO

Cost and budget management 

• Prepare the budget within area of control. 
• Manage the approved budget for area.
• Prepare cost tracking and variation reports. 
• Make recommendations for budget-affecting change requests. 
• Inform Management timeously of potential over-spend  

Job Requirements:

• 5 years’ experience in financial planning & analysis 
• CA (SA) Competencies 
• Results oriented 
• Ability to manage diverse stakeholders
• Strategic and critical thinking
• Collaboration and influencing, ability to lead and develop others, team player
• Innovative 
• Strong commercial awareness
• Maturity and confidence to communicate at the highest level 
• Strong appetite to explore and employ technology 
• Excellent analytical capabilities