Finance - Overheads Analyst

Job description

WL 1CU

MAIN JOB PURPOSE:

Overview:

Drive performance improvements by partnering and challenging the business.

Own and continuously improve all processes relating to Overheads Budgeting.

Own the end-to-end cost and budget control process, including tracking, monitoring and intervening to deliver improved business performance.

Entrench Zero Based Budgeting disciplines into organisation.

Overheads Control.
Overheads reporting and forecasting at month end.

JOB SUMMARY

· Own, prepare & submit monthly forecast, with commentary.
· Track actuals and hold functions accountable for driving reductions and spending efficiently in line with Zero Based Budgeting (ZBB) disciplines.
· Track forecast changes and hold brand teams accountable for out of scope plans and planning efficiently in line with ZBB disciplines & ambitions.
· Prepare and communicate CCBT / board decks for review. To include forecast bias.
· Look for continuous improvements within the OH Space
· Help manage the Gobots (Localisation and Divisionalisation of costs) of costs agenda within Overheads to further leverage BMI spend
· Prepare accruals / provisions as required monthly
· Provide commentary on accruals in balance sheet account
· Maintain close link with procurement to monitor spend with suppliers E.g. mindshare, point, UTI
· Simplification & standardisation on all month end processes
· Benchmarking to identify efficiency improvement opportunities
· Perform ad-hoc analysis as required
· Maintain master data and coordinate data cleansing where required Eg. SAP IO maintenance
· Understand and implement ZBB recommendations, drive ZBB mind-set in the business
· Determine the impact of cost moves on category & brand, evaluate and recommend price increases.
· Maintain Standard Operating Procedures
· Business partners: Provide analysis and insight around cost and budget control to budget owners.
· Support CCBTs through Overhead reporting (actuals vs. forecast) and trainings.
· Work with the business on budgets.

KEY REQUIREMENTS

· Relevant Degree or equivalent
· Minimum 3 years of relevant experience – Advanced SAP & Excel; Budgeting / Overheads / Indirects;
· CIMA Qualified
· Strong analytical skills, Excel modelling skills and attention to detail (accounting and reporting accuracy)
· Strong organisational and prioritisation skills
· Ability to work fluidly with data and across systems
· Ability to work collaboratively with other key stakeholders
· Ability to present complex information in a simplified manner and clearly explain Finance concepts to non-Finance stakeholders
· People management skills

APPLICATION PROCESS:

Online Application >> Online Digital Interview >> Face to Face Interview >> Job Offer

Please note: As part of the job application, you will be asked to complete a brief online application form. Completion of the form is required to be considered. Your application status should read “Application Completed”.

Please allow yourself enough time to complete the application form as when filled out partially or not at all it may adversely affect the progress of your application. Please be aware that you will have to complete the form at once as you will be unable to return to it later.