Head of Financial Planning and Reporting Job at Virgin Active South Africa

Your Purpose...

• Responsible for Budget and 5 year Forecast across the P&L; specifically responsible for the budgeting / forecasting of all Expenses and Ancillary Revenue
• Responsible for determining and assisting with cost saving plans across all Expenses, including Employee costs, Marketing, Utilities, amongst others
• Responsible for assisting Ancillary revenue departments with their revenue generating initiatives, financial modelling of new and existing initiatives and plans
• Business partner for all departments, guiding them on their budgeted spend and revenue, collaborating on corrective measures in order to meet EBITDA targets
• Prepare ad hoc analysis, modelling and expertise on initiatives that arise
• Manage the business’ Capital Investment (Capex) and allocation decisions
• Prepare and review business performance presentations for the Board, Group, Shareholders and Lenders
• Monthly and Annual Actuals vs Budget reporting, variance analysis and commentary for the P&L
• Monthly and quarterly Group financial reporting pack reviews and commentary
• Approve and assess against Budget, all material Opex and Capex spend
• Determine and develop relevant Reporting of P&L, Capex, and other areas for users across the business, including Head office departments, Clubs and Regions
• Work closely with Data and IT teams to develop and devise abovementioned Reporting
• Key finance input for implementation of new systems
• Lead, manage and provide guidance and specific input to a team of Strategic Analysts, as well as a Data Reporting specialist, ensuring the team is operating efficiently and effectively
• Provide coaching, development opportunities and feedback to the team to ensure professional development and growth

Our Minimum Requirements...

• Chartered Accountant CA (SA)
• Minimum 5 years’ experience in managerial role in industry
• Advanced MS-Excel abilities
• Ability to work independently
• Commitment to deadlines
• Excellent communication
• Leadership skills and resourcefulness