Senior Finance Analyst FP&A

Reed Finance
20 Mar 2017
19 Apr 2017
Contract Type
Full Time
Reed Finance are currently working with a large US based with their UK operation based in Newbury to recruit a senior financial analyst FP&A.

The size of this organisation means that they can offer you an interesting and challenging role now and career development into the future

This role reports directly to the Business Controller, UK and requires a strong partnership with the Financial Controller, UK, the Senior Finance Analyst (Controlling), the SSC, the European FP&A team, and business partners with the local business.

This position will provide the financial oversight to support the business in country, and that of the finance function across Europe. This includes driving the month end close process, reviewing business activity, budgeting, planning and actual reporting as necessary for the business.

Analysis and Business Partnering
• Interface with Europe FP&A and Divisional Finance Leads regarding Actuals, Budgets, Forecasts and other financial reporting matters, where needed align with local business for input
• Provide analytical support to the commercial business to gain a better understanding of market trends, customer trends, and sales channel performance, amongst others with
o Solid price-volume analysis to understand the drivers of sales
o Prepare revenue calculations old, new and potential volumes
o Support with business case analysis on offers as well as tenders
o Prepare margin analysis for business impacts decisions
o Analyse effect of investments required, challenge the business decisions
• Provide analysis and insights into variances between actual and expected financial results, amongst others:
o Monitor discretionary spend and follow up with local divisional marketing team
o Analyse headcount related costs such as travel & entertainment and follow up appropriately
• ROI calculation and follow up (based on defined focus area):
o CER analysis to ensure decisions are based on correct assumptions
o Track approved CER and follow up on customer sales
o Collaborate with operations for analysis on CER investments
o Follow up against budget
o Track benefit of the investment
• Proactively communicate changes in business trends, local business decisions or other issues that may have a financial impact.
• Pro-actively set-up trend analysis, KPIs and dashboards to provide to the commercial business and develop additional reports as required.
• Respond to ad-hoc questions and requests for analysis by European FP&A and Divisional Finance leads

Financial Results and Reporting
• Working in partnership with the Senior Finance Analyst (Controlling) driving the month end close process through to successful and timely completion
• Review P&L and Balance Sheet information and identify errors or exceptions
• Check and adjust accruals, prepare journals in collaboration with the SSC
• Ensure results for the period are complete and accurate
• Sales and margin analysis and follow up
• Flash commentary submission to Europe in collaboration with the Senior Finance Analyst (Controlling)
• Cash Flow commentary submission to Europe

Budgeting and Forecasting
• Key role in the planning process including preparing forecast models and preparation of commentary.
• Provide analysis and insights to establish accurate forecast and budgets
• Work closely with the business to determine budgetary requirements
• Ownership of monthly projection process

To be considered for this role you will be a qualified accountant ideally with a degree.

Knowledge of ERP systems and any European languages would be an advantage but not compulsory.

Salary targeted at £40-47k with a maximum of £50k plus a large range of benefits.

Reed Specialist Recruitment Limited is an employment agency and employment business