The British Council is the UK’s international organisation for cultural relations and educational opportunities. We create friendly knowledge and understanding between the people of the UK and other countries. We do this by making a positive contribution to the UK and the countries we work with – changing lives by creating opportunities, building connections and engendering trust.
We work with over 100 countries across the world in the fields of arts and culture, English language, education and civil society. Each year we reach over 20 million people face-to-face and more than 500 million people online, via broadcasts and publications. Founded in 1934, we are a UK charity governed by Royal Charter and a UK public body.
We have an exciting opening for full time employment as a Financial Planning and Analysis Lead, overseeing the West African Cluster with British Council Nigeria.
It’s a Mid Management role and will see the post holder charged with analysing and interpreting long - and short - term financial and operational plans through management reporting, analysis and interpretation of financial trends, impact assessment in conjunction with the Regional Head in order to enable informed decisions – sounds like you?
To support the Regional Head Financial Planning and Analysis in providing professional guidance in Financial Planning and Analysis, supporting regional Business Development Managers and providing assurance on the underlying business financial performance.
The post holder will be in charge of analysing and interpreting long - and short - term financial and operational plans through management reporting, analysis and interpretation of financial trends, impact assessment in conjunction with the Regional Head in order to enable informed decisions.
This post will be part of the SSA regional FP&A team that is dispersed across the region. The role will support all countries and SBUs within the cluster.
The SSA Business Plan sets out ambitious growth targets for both the number of people we will work with and the income that we will generate. Turnover by 2020 is expected to be over to £90 million in SSA, driven predominately by growth in Contract income as well as Exams and Teaching centres, despite a declining grant funding from centre. We also expect to be more profitable, reinforcing financial sustainability. At the same time we aim to achieve a step-change in the quality and performance of the British Council’s Finance function by April 2018. This will be achieved through more consistent standard of financial reporting enabling more informed decision making and satisfy the standards demanded by external stakeholders.
The organisation will achieve this by becoming increasingly efficient and commercial in its approach whilst maintaining its public service ethos and charitable purpose. This will be done through the implementation of a number of change programmes, which will result in more efficient and simpler processes.
The post holder will play a key leadership role in supporting the delivery of the business plan through accurate annual planning, monitoring, analysis and management reporting to the Regional Head of Financial Planning and Analysis.
Main opportunities/challenges for this role:
The Finance function is structured along functional lines with the aim of embedding the ‘three lines of defense’ model at its heart, clearly separating the financial control (first line) and risk and assurance (second line) functions, ensuring the integrity of our results and the strength of our controls.
This will allow the organization to focus more easily on business decision making, strategic planning, budgeting and forecasting on the basis of accurate monthly results.
This is a critical advisory role where effectiveness is dependent on ability to influence.
Personal confidence and credibility is required to ensure advice is seriously considered by senior members of the Regional team.
Accountable for the analysis and interpretation of long-term financial and operational plans for Ghana, Cameroon, Sierra Leone and Senegal, being countries within the West Africa cluster, including all SBUs through management reporting, analysis and interpretation of financial trends:
Planning, forecasting and budgeting:
- Lead the planning process for Ghana, Cameroon, Sierra Leone and Senegal, being countries within the West Africa cluster, including all SBUs, challenging submissions and identifying synergies and ensuring delivery to deadlines.
- Provide clear summaries of Ghana, Cameroon, Sierra Leone and Senegal, being countries within the West Africa cluster, including all SBUs planning / forecasting.
- Support planning and rolling re-forecasting processes as requested by Regional Head
- FP&A to ensure that information obtained from these processes is reliable.
- Support the Regional Head FP&A in developing reporting procedures and templates for regional and local use.
- Reconciliation and review of SAP plans before system closure.
- Analyses growth trends, product trends and KPIs and support the Regional Head FP&A in making recommendations to maximise opportunities and manage risks to ensure targets are met.
- Manage Ghana, Cameroon, Sierra Leone and Senegal, being countries within the West Africa cluster, including all SBUs management reporting for consolidation at Regional level for SBU leads and Executive Board.
- Liaise with business leads and Regional Head FP&A for any variances between business planning and operational planning figures and provide explanations / commentary.
Business Performance Management:
- Review financial performance with the business leads and make recommendations for action to address issues identified at Country or Regional levels.
- Monitor cost allocation accuracy.
- Deliver outputs within corporate and regional timelines as requested by Regional Head FP&A.
- Support the business in relation to Master Data set up (WBS, PC, CC). Team Leadership
- Coach and support individuals and teams within the cluster countries and SBUs.
- Actively support equality and diversity and work to the British Council’s EDI policy at all times.
Internal & External
- Regional Director
- Country Directors
- Cluster Leads
- SBU Leads
- Regional Finance
- Corporate Planning Team
- Corporate Finance