Controller - Planning & Performance Management

Job Purpose

Controller- Planning & Performance Management is responsible for supporting the Manager – Planning & Performance Management in key activities pertaining to Strategy Formulation, Business Planning & Budgeting, Performance Management, Project Portfolio Management & Periodic Review, Market Research, Business Intelligence and Project Evaluations. The job holder will be required to highlight specific influencing factors and recommend a way forward on key subject matters.

Principal Accountabilities

A. Strategy Formulation:

1. Co-manage the Strategy Management Process and set planning context in line with Group directives
2. Conduct in-depth strategic analysis to ascertain external and internal situational factors and identify key industry trends, operating environment that can have bearing on marketing strategy.
3. Provide inputs to Business Units within marketing segment on developing future roadmap to ensure BU strategies are aligned with segment and ultimately Group’s Goals.
4. Prepare necessary reports / documents depicting Strategy Implementation and Performance Update.

B. Project Portfolio Mgmt. & Periodic Portfolio Review:

1. Co-Manage the Portfolio Management Process in formulation of growth strategy in line with the Marketing Segment and Group Aspiration
2. Conduct financial evaluation of projects / new business opportunities resorting to the development of financial models and/or business valuation highlighting the future performance and project attractiveness
3. Conduct analysis of market/industry (political, economic environment, operational legal framework, competitive environment, etc) to support project specific market assessment, risk rating reports and “risk adjusted cost of equity”
4. Conduct detailed analysis of the company’s financial statements (e.g., ratio and fund flow analysis) to establish the company’s financial standing, key accounting/taxation issues, highlighting areas of uncertainty/risk (where applicable) to be addressed immediately/ in future
5. Assisting in conducting periodic portfolio reviews of prioritized, approved and ad-hoc projects within marketing segment to address key Portfolio and Project Management issues, enhance capex utilization thus supporting effective decision making
6. Facilitate the Stage Gate approach for project investment decision making in line with the Portfolio Management Framework

C. Business Planning and Budgeting

1. Support in developing framework for the business planning process in line with Group's and Segment strategic objectives and aspiration to ensure process leads to robust planning.
2. Create Planning calendar and update the segments with key External Analysis that forms basis for planning
3. Analyse the Planning assumptions and develop necessary communication material related to Planning and Budgeting process
4. Analyse and review the Marketing Segment/BU Business Plans & Budget and ensure they rightfully reflect the existing and anticipated economic and market conditions and are aligned with the Group Objectives
5. Conduct financial and operational analysis on the business plan and budget and prepare management presentation for review and approval.

D. Performance Management:

1. Support in developing Marketing segment balance scorecard based on the inputs of budgeting cycle and group strategic directives.
2. Communicate and cascade marketing segment performance expectation to Business Unit level. Coordinate with various BU stakeholders to develop BU BSC’s.
3. Periodically review and monitor status of KPI’s for BU’s and Marketing segment BSC.
4. Analyse and develop reports based on current performance against targets and prepare necessary materials for the Quarterly Performance Review Meeting (QPRMs).
5. Review and update Segment / BU BSC’s during the mid-year performance review and end year performance review along with scoring.

E. Economic and Market Insights

1. Conduct periodic research and prepare managerial reports related to global, regional and local economies highlighting outlook of key macroeconomic indicators e.g.: GDP, interest rates, inflation etc.
2. Systematically gather and interpret information/data on petroleum products by highlighting key trends and drivers. Prepare related reports which will help management in understanding the broader state of the petroleum industry and assist in decision making

F. Systems

• Ensure implementation of SAP system for Acquire to Dispose (ATD) model across the CIS segment
• Utilise Business Planning & Consolidation (BPC) systems to analyse performance and key business drivers of various Business Units
• Conceptualizes continuous improvements in Planning & Portfolio Management in order to make it more focused, integrated and effective.

Minimum Requirements

• Educational Qualification: Professional Qualification in finance (MBA preferred), CMA, CFA or relevant qualification.
• Experience: 4 to 10 years of graduation qualification. 1-4 years in strategic planning and performance management function is preferred.
• Interpersonal Skills: Good.
• Communication Skills: Good.
• Presentation Skills: Good.