Job Description
Associate Finance Analyst – Business FP&A
We bring out the best in each other
Salary: £27000-£33000 depending on experience
Location: Boston, Old Leake
Site based
Hours of work: Monday – Friday 8:30-17:00
Contract Type – Permanent
Why join us?
We're a family and that's what families do. We champion each other, support each other and help each other to grow and improve. A place of safety, stability and belonging, we put a protective arm around everyone and, when we see talent or potential, we give it a leg up. Finding ways for everyone, whatever their circumstances or background, to develop, progress and become the best they can be.
About The Role
The purpose of the Associate Finance Analysts – Business FP&A role is to be responsible for the day-to-day processing of the forecasting and reporting routines. The Finance Analysts – Business FP&A will be part of the broader UK FP&A Team, requiring building a working relationship to implement standardised UK processes. The role involves transactional processing, analysis and adherence to Group controls following SOPs to execute the tasks within agreed SLAs and KPIs
Role Accountabilities
Performance Reporting
* Prepare the daily and weekly trackers, ensuring that they are consolidated and
circulated to management according to prescribed timetables
* Maintaining the tracker files, including developing new reports as required
* Review P&L and Tracker information to detect errors
* Provide input to the Finance Shared Services Team in their production of weekly and
monthly P&Ls and balance sheet reconciliations
* Generate ad-hoc operational reports as requested by the Business Partnering Team to
support the analysis of business performance
* Work with UK FP&A Team to remove duplication and deliver reporting that supports
decision making for Senior managers.
* Build relationships with report users to understand ongoing use and relevance of
reporting suite
Forecasting
* Adhere to the timetable for all forecasting processes, including:
* 13-week Tracker Forecast
* Quarterly Rolling Forecast
* 3-year Business Plans
* Prepare forecast data templates, and supporting analysis where appropriate, in a
timely and accurate manner
* Submit forecast data into Cognos, adhering to Group timelines
* Conduct monthly and quarterly variance analysis to identify significant discrepancies
between actual financial performance and forecasts/budgets. Provide detailed reports
with commentary to explain the variances
Product Costing & Pricing
* Work closely with Procurement to provide data for price forecasting activity
* Assist the completion of standards reset activities
* Ensure pricing information is up to date and accurate throughout the business and
related Group policies are adhered to i.e. Business costing models (Recipe Professor),
Customer models, ERP system / reporting tools etc.
* Prepare the daily, weekly, and monthly price variance reporting, ensuring accounting
information is accurate and any adjustments are fed back to the Finance Shared
Services Team
* Assist in the preparation of any ad-hoc costing analysis requested by the Finance
Business Partnering Team .e.g. post launch reviews, pre and post promo analysis
Communication and Change Management
* Build relationships with key internal stakeholders and effectively communicate
escalations
* Work with the UK FP&A Team to communicate related updates, progress, and
challenges.
* Work closely with peers from across sites and the UK FP&A Team team to harmonise
ways of working and drive process improvements
* Work closely with the Finance Business Partnering team and Finance Shared Services
Team to identify continuous improvement opportunities
* Support projects as required, examples of which range from supporting centralisation
projects and IS transformation projects.
* Work with other parts of the broader finance function as relevant - the Finance Shared
Services Team, Group, UK FP&A contributing to the UK finance agenda, driving best
practice and standardisation
Control Environment
* Assist and support in all internal & external audit related activities as required
About You
Ideally, you will have good knowledge of operational finance reporting, financial forecasting and analysis, alongside previous experience of working with Finance ERP systems and Business Reporting Tools.
If you have a strong understanding of accounting concepts or are currently in progress of completing a Professional Accounting Qualification (AAT /ACA / ACCA / CIMA) – this would be highly beneficial.
Strong written and verbal communication skills, the ability to operate in a fast paced and demanding environment, diligence, and proficiency of data management – will all be key.
Come and join our fast paced and dynamic work environment and positively contribute to the success of our fantastic Finance team.
What you'll receive
As an equal opportunity employer, we're committed to providing a safe and rewarding environment for you to thrive in. This is why we work hard to deliver benefits, rewards and wellbeing offerings that are important to you.
You'll enjoy:
* Life Assurance (1 x salary)
* 25 days holiday plus 8 bank holidays as standard (may vary by role)
* Private medical insurance (after 5 years' service)
* Staff Shop
* Stakeholder Pension Scheme
* Discount & cashback platform
* Personal Accident Insurance
* Free health check
* Employee Assistance Programme
* A range of voluntary benefits (holiday purchase scheme, additional life assurance, dental & hospital cash plans)
* Salary sacrifice car lease scheme
* Free independent mortgage advice
* Discounted tutoring for children
* Access to financial learning tools and affordable loans via your salary
* Free car parking – Site dependant
Plus, a commitment to your wellbeing that includes emotional, physical and financial support services delivered by our fantastic team of wellbeing champions.
Proud to be Bakkavor
We're proud to be the market leader in the UK fresh prepared food industry. We're proud to supply meals, salads, desserts, pizza and bread to leading grocery retailers including Tesco, M&S, Sainsbury's and Waitrose. We're driven by the hard work and passion of our people and are delighted to offer a wide range of careers across our business – come and join our dedicated Bakkavor team