FP&A Analyst

Posted 16 October by RD Financial Recruitment
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FP&A Analyst - Bracknell - 12 month Contract, potential for perm

This exciting role will assist in managing and monitoring the consolidated financial performance of a European Division for this global brand. This will include coordinating quarterly budget events; monthly review and analysis of the Consolidated Profit & Loss result; reporting the profit changes and KPI’s variances to the Top management; supporting from an accounting point of view the sales and supply operations in the decision making.

Main responsibilities:

European Quarterly budget and planning process

  • Calculate the consolidated profit target for each subsidiary.
  • Prepare and distribute the business division budget guidelines.
  • Work closely with the entities during the budget submission period to secure data quality and reliability and to support in the variances analysis.
  • Organise effective divisional budget hearings with the European entities, utilise Management Information reporting and create ad-hoc reports in Hyperion Planning environment to produce supportive tools to evaluate and assure that all requirements are in line with the guidance.
  • Prepare the material for the Business Division budget hearing with Regional Operating Board members and Top management

European result and month end process

  • Calculate cost of sales impact related to buying cost by branch, analysing the differences against the budget and assuring that branches account buying cost correctly.
  • Ensure factory profit values are updated to allow branches to properly define consolidated Profit & Loss result every month.
  • Generate detailed financial analysis of the European Consolidated Profit & Loss result against the budget for the monthly / quarterly presentation to the Top management.

SGA, logistic expenses and other centralised expenses

  • Manage Selling & GA expenses budget for the European division assuring target achievement and data reliability
  • Control every month the actual expenditure for SGA, logistic expenses and other centralised expenses like owner manuals and extended warranty end and prepare the necessary accruals
  • Main contact for the finance department and for Shared Service Centre for everything related to financial aspects.

Experience required:

  • Advanced level of Microsoft Excel knowledge is required
  • SAP and Oracle Hyperion planning systems knowledge is desirable
  • Ability to organise, work under pressure and effectively prioritise in order to meet tight deadlines
  • Excellent numerical and analytical skills with a high degree of accuracy and attention to detail
  • Understanding of multiple entity and multiple currency environment
  • Good level of communication and networking skills
  • Previous business management or commercial accountant experience is desirable

Required skills

  • SAP
  • Variance Analysis
  • Budget Process
  • Hyperion Planning
  • Month End Close

Reference: 36377068

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