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Group sc finance analyst

Woking
Nomad Foods
Finance analyst
Posted: 29 August
Offer description

Overview

Nomad Foods Europe is the market leading Branded frozen food company in Europe, encompassing Birdseye (UK & Ireland), Findus (Italy, France, Spain & Scandinavia), Iglo (rest of Continental Europe), Goodfellas (UK & Ireland) and Aunt Bessie’s. Approximately 75% of Products are manufactured across a network of thirteen manufacturing sites with the remaining products produced by a network of 3rd party Copackers.

Nomad operates a centralised Supply Chain model with the Leadership Team and the Procurement team being based in Woking.

The Supply Chain Finance team is part of the Finance function and acting as business partners to the Operations Team.

The job holder will need to develop a thorough understanding of the factories and planning operations, both from a financial perspective and operationally. To do this they will need to establish excellent working relationships with senior management in the Finance support centre, factories and marketing units.

1. The key responsibility of the role is to deliver timely and accurate financial reporting, analysis, insight and control of Supply Chain actual performance and forecasts. This includes the factory P&L’s, savings projects delivery, bonus metric reporting and factory conversion cost per tonne
2. The role is the key administrator of the BPC system used to report Nomad Factory performance
3. The role is also responsible for accurate and timely consolidation of actual and forecast expenditure on capital investments, as well as being administrator of the sign-off process for individual capital requests
4. The role with manage the capex approval system go to contact for all factories relating to this. The role will also manage the actuals & LV reporting to group & working closely with Group Engineering
5. The role also supports the Supply Chain Finance Manager on key elements of the end-to-end Standard COGs process including variance analysis and transfer price review and setting
6. Total COGS for Nomad Foods Europe is in the region of €1.6bn

Responsibilities

Monthly Reporting / Forecasts

7. Consolidation of factory results and preparation of weekly and monthly reports
8. Database owner / administrator for BPC reporting system
9. Preparation for and attendance of the monthly results calls, challenging and understanding of key drivers to performance
10. Analysis of factory conversion cost per tonne performance and analysis of drivers of variances to target
11. Consolidation and understanding of monthly Factory latest view forecast
12. Consolidation, reporting and analysis of the project saving trackers (cost reduction projects)
13. Ensuring that monthly Supply Chain Finance SoX controls are performance in line with RACM

Capital Expenditure

14. Administration of the end-to-end capex process within NFE
15. Owner of the capex approval system, ensuring its up to date & providing support to the factories
16. Consolidation of monthly capital expenditure and reconciliation to Financial accounts highlighting any variances to plan
17. Consolidation of the LV, challenging factories on over & underspend in the actuals & LV

Budget:

18. Assist in all aspects of the Supply Chain annual plan process as required,. preparation and analysis of volume/transfer price files, factory budget booklets.
19. Co-ordinate, collect, analyse and challenge the annual Standards in close co-operation with Factory Finance and Procurement Finance

Supply Chain projects budget control:

20. On a monthly basis consolidate and analyse spend vs budget for multiple Supply Chain projects, reporting and explaining variances to plan
21. Prepare monthly variance report to be issued to Chief Supply Officer and Supply Chain Finance Director

Other:

22. Preparation and control of the NFE Insurance budget business partnering with the NFE Head of Insurance
23. Business partnering all NFE factory finance teams
24. Development and improvement of Factory reporting
25. Involvement in projects as required

Qualifications

Essential

26. Strong analytical and business process skills
27. Advanced Excel
28. Attention to detail and accuracy
29. Management Reporting and Financial Analysis (variance analysis and interpretation)
30. Strong planning and organisational skills
31. Able to reprioritise to meet changing stakeholder needs. Take responsibility for quality and completeness of own work and on-time delivery.
32. Focussed on meeting deadlines and commitments to others. Always looking to improve performance and make processes more efficient.
33. Actively look to improve service through seeking out the root cause rather than just dealing with the symptoms “the so what”
34. Able to challenge, understand and communicate to different stakeholder groups in a clear way
35. Pro-active and able to work off own initiative and as part of a team
36. CIMA/ACCA/ACA part qualified
37. 1/2 years in a finance role

Desirable

38. BPC
39. SAP
40. Powerpoint
41. Previous experience of manufacturing / supply chain
42. Experience of working in an FMCG organisation
43. Experience with working across cross functional teams in a matrix style organisation

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