Finance Management Analyst

Nomad Foods; United Kingdom; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading company in the frozen food sector is seeking a Cluster Analyst for its Shared Finance Centre in the UK. This role involves overseeing month-end reporting and KPI analysis, contributing to continuous improvement and data governance. Ideal candidates will have finance experience within FMCG and strong analytical skills.

Qualifications

• Minimum 3 years in reporting and forecasting.
• Previous finance experience in FMCG.
• Ability to create data visualisations.

Responsibilities

• Complete monthly close of management accounts.
• Provide variance analysis of key metrics.
• Develop recommendations for leadership.

Skills

Communication

Analytical skills

Attention to detail

Problem-Solving

Education

Bachelor’s degree

Part qualified (ACCA, ACA, CIMA, or equivalent)

Tools

ERP systems

Business intelligence tools

Job description

Overview

Nomad Foods was formed in 2015 and with revenues of €2.6bn is the largest frozen food company in Europe. Nomad owns a portfolio of leading brands including Birds Eye, Findus and iglo, supplemented in 2018 with the purchase of Goodfellas Pizza and Aunt Bessie’s, and in 2021 with the purchase of Ledo and Frikom.

We manufacture and distribute a range of branded frozen food products across 22 European countries with the United Kingdom, Italy, Germany, Sweden and France representing our five largest markets.

The long-term goal of Nomad is to develop a global portfolio of best-in-class food brands by growing organically and through strategic M&A.

We are proposing that our new Shared Finance Centre will house both our Financial Accounting teams and our Financial Planning and Analysis Centre of Expertise.

Our vision is to build trusted, equal partnerships through the delivery of timely and valuable services that will ensure growth and business success for Nomad Foods. The team will deliver a step change in performance through a relentless focus on excellence in execution and continuous improvement, enabling us to simplify and standardise our processes and procedures, which in turn, enables quality decision-making, delights our customers and supports Nomad Food’s business objectives.

The Shared Finance Centre (SFC) will be an outstanding place to work for finance professionals, with new and exciting opportunities to develop careers and by being recognised alongside the very best by our people.

Our Cluster Analysts are responsible for supporting Month End, reporting and analytics for our business units and central functions, including standard management reporting. The Cluster Analyst will be responsible for developing and implementing analytical standards for reporting KPIs and as a key financial liaison, partnering with the various departments across the business unit. Supporting both MU and SU across the Cluster.

Responsibilities

• Complete the monthly close of management accounts, including the involvement in the preparation of monthly data reporting packages that includes analysis of KPIs, variance analysis and explanations, preparation and posting of necessary accruals and journals
• Responsible for providing weekly calculation and variance analysis of key metrics of the manufacturing site including but not limited to production volumes, labour costs, recoveries, fixed costs and transfer prices and their impact on the financial statement
• Responsible for assimilating data from multiple systems and stakeholders to identify trends for KPIs, actuals, budgets and forecasts
• Support the Cluster Accountant with analysis and variance analysis, which includes developing recommendations for leadership and finance business partners (FBP)
• Enhance data governance processes by improving the quality and integrity of data collected, analysis performed, and reports generated
• Involvement in running simulations of various “what-if” scenarios using insight and critical thinking to evaluate and recommend solutions
• Collaborate with Cluster Accountant to classify, quantify, Month End actuals by providing reliable, accurate, comparable, and timely information
• Maintain and produce standard quarterly performance analytics and reports for leadership with guidance from Cluster Accountant
• Facilitate standardisation and sharing of best practice across the Shared Finance team
• Contribute to continuous improvement of systems and processes
• Support automation and enterprise consolidation of data used in monthly, quarterly, and annual performance reports

Qualifications

Essential

• Minimum3 years of relevant experience in, reporting and forecasting
• Previous Finance experience within an FMCG business
• Experience with ERP systems and reporting technology
• Experience with business intelligence tools and developing data visualisations
• Positive attitude, pro-active, growth mindset, work to solve problems
• Attention to detail
• Excellent communication and written skills with the ability to engage people at all levels both internally and externally
• Ability to constructively challenges assumptions and thinking
• Impactful report writing and presentation skills

Desirable

• Bachelor’s degree
• Part qualified (ACCA, ACA, CIMA, or international equivalent). Expected to be at finalist stage
• Very strong analytical and ME abilities
• Solid database skills required