The Head of FP&A (Financial Planning and Analysis) holds a critical role within the company's finance organization. This position oversees all financial planning, analysis, and forecasting activities for UK and Ireland, playing a key role in strategic decision-making, and driving the company's commercial and financial performance. There are three functions reporting under this role which include controlling, commercial planning, and revenue growth management.
Team Leadership & Commercial Animation
Drive forward process improvements and efficiency gains by always evaluating current internal workings practices and potential new technologies within the MHUK FP&A domain.
Build strong relationships with Sales, Marketing, Supply communities, always acting as the key internal stakeholders for all FP&A topics for both internal and external parties.
Ensures that the team adheres to all relevant compliance regulations and internal control policies, maintaining a high standard of accuracy and integrity in all processes and documentation to mitigate risks and uphold corporate governance.
Commercial Planning
Co-ordinate the Commercial Planning team to proactively challenge & partner with sales community to ensure performance volume & revenue forecasts are up to date with sufficient rationale and logic.
Co-ordinate the bi-annual deep dive revenue reviews across the business highlighting risks and opportunities against key KPI’s.
Ensure the team manage to collect depletion, stock, and category performance data from key customers weekly / monthly, analysing trends YOY and to forecast.
- Review & challenge the end of year stock projections for key customers vs internal guidelines ensuring that the financial landing is accurate and reflective of business requirements.
- Ensuring strong link between Commercial planning, Supply Planning and Financial Planning
Revenue Growth Management
- Develop with the revenue growth manager commercial strategies in line with medium / long term brand growth plans across the entirety of the portfolio and all channels.
- To be achieved by developing comprehensive pricing & promotional strategies taking into consideration market context and channel specific challenges.
- Analyse the effectiveness of our key promotions, trade deals and trade marketing activations, deriving valuable insights and crafting recommendations for future activities.
- Review the UK customer trade terms compliance & partake in the bi-annual MHUK review.
- Work with the RGM manager on the key MHUK customers profitability ensuring full transparency on the P&Ls and their evolutions reporting back to senior leadership.
Controlling
Oversee the UK & Ireland P&L reporting each month, reviewing total company performance to forecast and prior years and assessing impacts in vol, mix and price on revenue and cost management.
Ensure the team are setup for successful business partnering with sales and marketing, ensuring purchase orders are created, updated and released as required in line with latest validated plans.
Attend the monthly reviews with the key heads of stakeholders across the business, coordinating informative pre-read decks highlight key risk and ops with recommendations.
Key business partner with the HR team for precise overheads cost management
Tools Management
- The FP&A team are responsible for several tools central to operations within MHUK, including Anaplan, Sales Force, PowerBI and Qliksense.
- Ensure a smooth operation of data integration, hierarchy updates and analytical capability.
- Safeguard the integrity of the suite of Power BI reports supporting the business decision making.
- Motivate and encourage the usage of tool to ensure MHUK meeting its obligation in compliance conditions set as a standard across all key markets.
