Financial Planning

2 weeks ago


Ho Chi Minh City, Ho Chi Minh, Vietnam JTI - Japan Tobacco International Full time
We're JTI, Japan Tobacco International and
we believe in freedom. We think that the possibilities are limitless when you're free to choose.

In fact, we've spent the last 20 years innovating, creating new and better products for our
consumers to choose from.

It's how we've grown to be present in 130 countries.

But our business isn't just business. Our business is our people. Their talent. Their potential. We believe
when they're free to be themselves, grow, travel and develop,
amazing things can happen for our business.

That's why our employees, from around the world, choose to be a part of JTI. It's why
9 out of 10 would recommend us to a friend. And why we've been awarded
Global Top Employer status, six years running.

So when you're ready to choose a career you'll love, in a company you'll love, feel free to #JoinTheIdea.

WHAT THIS POSITION IS ABOUT - PURPOSE

  • Take ownership of Financial Planning & Analysis activities of the Company under Finance Director's supervision, contributing to ensure Market performance is in line with shortterm commercial plans and midterm corporate strategies;
  • Deliver indepth analysis and business partnering services, such as business cases, financial modeling, tax & pricing simulation, etc. as a way to providing insight & clarity on business and fueling strategic & tactical decisions of local Management.
  • Set up overall FP&A team an effective business partner to JTI crossfunctions & Distributors.

WHAT WILL YOU DO - RESPONSIBILITIES

P&L and FCF Planning & Analysis

  • Fully responsibile for endtoend completion of Company's annual planning cycles in a timely manner with high quality.
  • Major stages include: Schedule setup & engagement with stakeholders, Strategic financial simulation, Collecting budget inputs & detailed analysis, Market P&L and FCF consolidation, Submission to planning systems & followups on related Regional & HQ queries.
  • Provide insights to enable Excom's decisionmaking suchs as reassessment of Company's resouces and reallocation of investments.

P&L and FCF Reporting & Follow-ups

  • Coordinate with Financial Accounting & Distributor Accounting teams in monthly & yearend closings, undertake proactive pre
- and post-closing reviews to ensure Market financial performances are in line with committed commercial plans.

  • Initiate & lead monhtly perfomance / dashboard reviews with Management team and crossfunctions (Costing, Production, Sales, Marketing, backoffice).
  • Ensure supervision and timely highlights of Company's issues in delivering financial committments, ensure actions & followups are taken to address.

Operational Cash-flows Management
To ensure cash demands are met efficiently at different levels; via:

  • Regular re-assessment of Cash position, incorporating latest forecasts of Sales, Expenditures & Working Capital needs.
  • Prepare business cases & approval requests for funding when needs arise
  • Liaise with crossfunctions at different levels (Treasury, Legal, Distributors, local banks) for endtoend arrangement of funding process.

Business Partnering
Support Finance Director and key stakeholders in delivering commecial added values, including but not restricted to:

  • Business modeling, tax & pricing strategies
  • Local tax assessment & strategies
  • Financial scenarios and risk assessment (e.g. CAPEX investment, new Product launch).
  • Performace review & management by business division/ business lines.

Ad-hoc request:

  • Participate in the implementation of Regional & Global projects / initiatives related to Planning & accounting systems relevant functions outside market.
  • As a business partner, support internal & external stakerholders with frequent adhoc requests including but not limited to: business cases, validating investment requests, advising budgeting approach, internal audit, etc.

WHO ARE WE LOOKING FOR - REQUIREMENTS:

  • Bachelor's Degree in Finance, Business, Accountancy or equivalent. Certified accountant is an advantage.
  • Minimum 5 years experience in Financial Planning & Analysis or related position, preferably in international environments.
  • Good knowledge in US GAAP, VAS and tax laws/regulations
  • Knowledge and experiences in ERP system (such as SAP, Concur)
  • Capable to work independently, and proceed with objectives with mínimal supervision.
  • Demonstrate strong communication, problem solving skills.
  • Fluent in verbal communication & writing English. Good writing, presentation and communication skills.
  • Has strong background in stakeholders' management, business partnerring and convincing skills.

WHAT ARE THE NEXT STEPS - RECRUITMENT PROCESS:

  • Thank you very much for your interest in the role. You are welcome to apply.

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