Hybrid Financial Planning & Analysis Analyst

Posted 11 hours ago

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About the role

  • 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
  • Free On-site Parking and free on-site gym
  • Flexible hybrid working
  • Cycle to work Scheme
  • Reward schemes

Job title

Financial Planning & Analysis Analyst

Job type

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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