Head of FP&A

Main purpose

Lead the operational execution of Trafigura's overhead and indirect Global Cost Management team(GCM), ensuring rigorous budgeting rigor, accurate forecasting, and transparent cost allocation to profit centres across the business.

Key responsibilities

Budget & Forecast Management

• Implement quarterly rolling forecast cycles for all overhead cost categories

• Coordinate annual zero-based budgeting exercises, challenging historical spend patterns and driving cost justification from budget holders

• Maintain detailed budget models with granular cost centre and GL account level tracking

• Produce variance analysis reports (actual vs budget vs forecast) with clear commentary on drivers and corrective actions

Overhead Allocation & Reporting

• Design and maintain allocation methodologies for shared services and corporate costs to profit centres using appropriate drivers (headcount, revenue, assets, etc.)

• Implement monthly allocation runs and reconcile

• Produce management reporting packs showing overhead costs by function, region, and profit centre

• Support profit centre P&L owners in understanding their allocated overhead charges

Process & Controls

• Own the end-to-end overhead budgeting and forecasting calendar, ensuring timely delivery

• Establish and enforce budget submission templates, approval workflows, and data quality standards

• Maintain the overhead cost hierarchy and chart of accounts structure

• Implement controls to prevent budget overruns and ensure proper authorisation of expenditure

Stakeholder Management

• Partner with functional heads (HR, IT, Legal, Compliance, Operations) to understand cost drivers and forecast requirements

• Conduct monthly business review meetings with budget holders to track performance

• Provide training and guidance to non-finance stakeholders on budgeting tools and processes

Analysis & Insights

• Identify cost optimization opportunities and efficiency improvements across overhead base

• Benchmark overhead ratios against industry standards and peer companies

• Analyse headcount-to-cost relationships and productivity metrics

• Support business case development for new overhead investments

Required qualifications

• 5-7 years in FP&A, management accounting, or financial controlling roles

• Bachelor’s degree in finance, Accounting, Economics, or related field

• Demonstrated experience establishing or significantly improving budgeting processes

• Track record of implementing zero-based budgeting or similar cost management initiatives

• Experience with overhead allocation methodologies in multi-entity organizations

• Background in fast-paced, matrix organizations

Preferred qualifications

• Experience in commodities trading, financial services, or multinational corporations

• Exposure to Big 4 consulting or internal transformation projects

• Professional qualification (ACA, ACCA, CIMA, CFA, CPA) or working towards

• Advanced training in financial modeling or FP&A standards (desirable)

• Previous role implementing new EPM/planning systems

• Experience managing small teams or leading cross-functional projects

Attributes for success

Technical Competencies

• Advanced Excel/Financial Modelling: Complex formulas, pivot tables, macros, scenario modelling

• ERP Systems: Strong experience with Oracle and OneStream (preferred)

• Planning Tools: Proficiency in Anaplan, Adaptive Insights, Hyperion, or similar EPM platforms

• Data Management: Ability to work with large datasets, perform data validation and reconciliation

• Allocation Methodologies: Deep understanding of cost allocation principles and driver-based modelling

Analytical Capabilities

• Strong numerical reasoning and attention to detail

• Ability to identify trends, anomalies, and root causes in financial data

• Critical thinking to challenge assumptions and validate forecasts

• Comfort with ambiguity in a fast-paced trading environment

Process & Execution

• Proven track record of implementing and improving FP&A processes from scratch

• Strong project management skills with ability to manage multiple workstreams simultaneously

• Deadline-driven with ability to deliver accurate results under time pressure

• Process documentation and continuous improvement attitude

Communication & Influence

• Ability to translate complex financial concepts for non-finance audiences

• Confident in challenging senior stakeholders on budget requests

• Clear and concise written communication for management reporting

• Presentation skills for budget review meetings and steering committees

Business Acumen

• Understanding of commodities trading business model (desirable)

• Commercial awareness of how overhead costs impact profit centre economics

• Appreciation of regulatory and compliance cost drivers in financial services

• Knowledge of shared services operating models

Success Metrics (First 12 Months)

• Successful delivery of 4 quarterly rolling forecasts with <5% variance to actuals

• Implementation of zero-based budgeting for next annual cycle

• Overhead allocation model operational with monthly reporting to profit centres

• Budget holder satisfaction score >80% on process efficiency

• Tracking of cost optimization opportunities

Equal opportunity employer

We are an Equal Opportunity Employer and take pride in a diverse workforce! We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.