Decision Support Manager
Key Role Deliverables: Criteria/results by which success can be measured
Performance Monitoring
• Act as relationship manager to the Business management providing effective and appropriate forensic analysis and targeted interpretation of monthly results, ensuring unsatisfactory performance challenged, risks identified and resolved/escalated, and solutions suggested/validated.
• Provide support to the business to ensure that performance is communicated effectively and that the actions within their control to improve financial performance are understood and acted upon.
• Ensure linkage made effectively between activity and subsequent financial outcome such that
• the true root cause of performance is understood, and communicated effectively to the business,
• reporting becomes more prospective than retrospective.
• Ensure actions to improve performance are initiated and driven through appropriately
• Ensure the Retail business management are aware of key issues and opportunities in relation to achievement of cost challenges and control.
• Understand and challenge the bad debt charge and its relationship to income, in conjunction with the business to ensure that risk/reward is optimised.
Forecasting and budgeting
• Develop, in conjunction with the business, an appropriate, effective and flexible approach to forecasting to aid quick and sound decision making
• Deliver, in conjunction with the business, robust and accurate forecasting and budgeting to required timescales
• Ensure key issues and opportunities are understood and communicated effectively both across the local management team and also upwards to the Business Exec.
• Where appropriate, in conjunction with the management team, drive remedial actions for both income and costs
• Ensure that network targets are effective and aligned to the requirements to achieve budget, and that key issues are understood across the business
Strategy, Pricing and Business Development
• In conjunction with the management team, be proactive in developing the strategy for the business area and assist with its translation into deliverable actions plans with tangible measures of success.
• Assist with identification of new income generating opportunities
• Provide support and challenge in the development of business cases for new business developments. Ensure appropriate investment appraisal, monitoring and tracking of all initiatives.
• Review and challenge product pricing and development proposals, through effective partnering with the business
• Ensure linkage through to bad debts transparent
Control
• Implement controls to track and minimise income leakage
• Ensure any potential risks to financial performance identified on a timely basis and resolved/escalated
Management
• Work with the business of the business.