Manager Financial Planning & Control

Norconsult Telematics

Job Description & Responsibilities:

• Coordinate with finance teams to develop long-term budget plans, cost management frameworks, and forecasting models for operations projects.
• Design and implement cash flow management plans to ensure availability of funds and maintain adequate liquidity levels.
• Allocate budgets efficiently across multiple projects, monitoring utilization and adjusting allocations as necessary to optimize financial performance.
• Develop and track budget performance indicators, ensuring effective measurement and reporting of budget adherence.
• Identify potential financial risks and propose mitigation strategies to safeguard project and organizational interests.
• Collaborate with project management teams to verify the accuracy of project invoices and ensure timely disbursement of payments.
• Provide financial guidance and support to project managers to facilitate smooth project execution and decision-making.
• Oversee financial data entry, reporting, reconciliation, and compliance with accounting standards and internal controls.
• Conduct internal audits of financial processes to ensure adherence to policies, detect discrepancies, and implement corrective measures.
• Manage financial close-out activities for projects, ensuring all contractual obligations are settled and records accurately maintained.
• Review and manage asset dismantling requests, coordinating with relevant teams to ensure proper recording, approval, and closure in financial systems.
• Monitor month-end and year-end financial closing activities, ensuring accuracy in financial statements and reporting.
• Develop and maintain efficient record-keeping and document control systems to ensure accurate tracking of all financial transactions.
• Define performance objectives, KPIs, and development plans for team members, ensuring alignment with organizational goals.
• Lead recruitment, planning, and selection of manpower for the Financial Planning & Control Management team.
• Foster a high level of employee engagement, motivation, and capability development through coaching, mentoring, and feedback.
• Promote a culture of collaboration, accountability, and continuous improvement within the team.
• Undertake additional duties as directed by the Director Finance & Contracts Management to meet the objectives of the operations sector.
• Maintain effective communication and collaboration across internal functions to facilitate smooth financial operations.
• Continuously monitor industry best practices and innovations in financial management to enhance operational efficiency and effectiveness.
• Develop, implement, and continuously refine financial planning and control strategies in alignment with organizational objectives.
• Lead and manage the Financial Planning & Control Management team, setting clear goals, monitoring performance, and ensuring high standards of output.
• Interpret and implement changes in financial policies and procedures, providing guidance and support for continuous improvement initiatives.
• Ensure compliance with organizational policies, procedures, accounting standards, and quality benchmarks across all financial operations.
• Drive strategic decision-making by providing insights and recommendations based on financial data, industry trends, and operational performance.