Financial Planning & Analysis Analyst at Farnell, a global technology distributor, analyzing financial data and providing data-lead insights. Collaborate with finance teams across regions in a hybrid work environment.
Responsibilities
Report, analyse and interpret financial and operating data for global accounting and business operations.
Provide analytical support including P&L projections/forecasts, scenario planning, ratio analysis, budgeting and cost analysis.
Liaise closely with colleagues in the global Finance Business Partnering team, furnishing them with data-lead insights into sales, margin, operating expense and working capital performance
Gather, analyse and summarise recommendations for financial plans, acquisition activity strategic growth initiatives, future requirements and operating forecasts.
Develop financial reports for forecasting, trending and narrative results analysis for management.
Co-ordinating closely with our global Business Intelligence team to ensure our suite of daily, weekly and self-serve reporting available to business leaders is appropriate, relevant, accurate and on a constant evolution pathway
Prepare, review and analyse standard and ad-hoc monthly reporting, including assisting in the production of reporting for Avnet and Farnell Executive Team consumption.
Review reports to verify accuracy and highlight variances.
Other ad-hoc reporting requirements as assigned
Generate financial forecasts and create financial models to support business planning decisions.
Assist in the development, preparation and presentation of short- and long range financial plans.
Work with management to develop, monitor and report KPIs for the business.
Prepare journal entries, calculate accruals and allocate expenses.
Work closely with the global accounting teams (EMEA, APAC and Americas) during month-end period close to gain insight into financial results, applying rigor, financial challenge and a curious mindset to ensure understandability of all financial results (P&L and working capital) for the period.
Perform economic research on rates of return, depreciation, working capital, investment opportunities and regulatory impacts.
Respond to information requests from internal customers, including but not limited to Farnell and Avnet global performance, competitor analysis and market trends.
Contribute to various improvement initiatives and business insights projects.
Support other duties as assigned.
Requirements
3+ years of experience in financial analysis, FP&A or a similar role.
A Bachelor’s degree or equivalent experience.
Knowledge of GAAP and complex accounting systems.
Strong analytical ability and experience interpreting financial data.
Advanced Excel skills (XLOOKUP, Pivot tables; exposure to Power BI or SAP is advantageous.
A proactive, curious mindset and confidence working with cross functional teams across regions and time zones.
Strong communication skills with the ability to translate data into actionable insight for senior management.
Benefits
A supportive team environment where everyone really is working toward the same goal.
A strong open-door policy within management
An environment where you will be given the tools and opportunities to further your career
Pension scheme (matched up to 8%)
Company car salary sacrifice scheme
Simply Health Medical Scheme
25 days holiday plus bank holidays with option to buy additional holiday
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