Finance Business Partner Manchester, England
Job description
Role: Cutting Tools / MCA Finance Analyst
Job Context
The Financial Analyst role offers a blend of commercial analysis and traditional finance activity. As with all finance roles the initial focus is to have a set of accurate and well understood management accounts.
Two of the five businesses within CT & MCA (KJN / WCT) have limited financial resources and skill sets available to them and this role will support them during month end close. The role will adopt a hands on approach in supporting the production of the management accounts for those entities, posting journals and accruals where necessary, finalising the TB and populating the UKII Group reporting pack as required.
Outside of month end reporting the role holder will bring a data analysis and commercial skill set. They will be expected to take financial data sets from up to five different systems, bring that data set together into a common format. Then develop a comprehensive set of reports that looks at the commercial performance of those businesses and division. Ranging from:
- Sales and Margin analysis (customer & product)
- Trend analysis
- Segmentation analysis (customer, product, region, etc.)
- Forecasting
- Supplier spend analysis
- Cost and price tracking
- Profit improvement tracking
The above analysis will help ‘lift the lid’ on business performance, providing tailored information to support the monthly financial reviews, facilitating key management decisions and will also form a key part of the budget and re-forecast process.
The financial aspects of the role may include:
- Posting journals / accruals.
- Ad hoc projects and financial process improvement.
- Supporting the preparation of monthly management accounts including the Trial Balance.
- Preparation of balance sheet reconciliations and key control accounts.
- Agreeing Inter Company balances.
- Support the onsite Finance team and interact with Auditors if required as part of the site audit.
- Support the debtor control and management process, analysing aged debtor balances highlighting any issues.
- Analysis of aged stock to support the correct level of provisioning.
- Support the budget process, providing analysis that offers insight and can help the team pitch the budget.
- Preparation and submission of VAT Returns.
Skills and Experience:
- At least 3 years in a manufacturing or stock-based industry.
- Experienced in a data analysis role.
- Advanced Excel skills are essential, pivot tables, vlookups, sum ifs etc.
- Power BI would be an advantage.
- SQL programming would be a benefit but isn’t essential to the role.
- Part qualified studying to completion, or QBE.
Personal Attributes:
- A self-starter, who brings ideas to the table and demonstrates a real desire to improve.
- Tenacious, a willingness to work the issues to arrive at a satisfactory conclusion.
- A commercial and professional approach to work.
- Ability to use your initiative and problem solve.
- Able to multi-task, juggle competing priorities, and work independently under tight deadlines.
- Well organised, with good attention to detail.
- Excellent communication skills, and team player.
- Willingness to travel.
