Financial Analysis Manager

Cummins Europe; Daventry; Hybrid; GBP 55,000 - 90,000; Full time

Job summary

An established industry player is seeking a talented Financial Analysis Manager to lead their Finance and Costing team. In this hybrid role, you will drive the Annual Operating Plan and quarterly forecasts, ensuring alignment with business objectives. You will conduct variance analysis, oversee cost-setting exercises, and support the financial closing process. This position offers an exciting opportunity to coach team members and foster professional growth while delivering clear financial insights to stakeholders. Join a forward-thinking company where your analytical skills and leadership will make a significant impact.

Qualifications

• Degree in Finance, Accounting or related field required.
• Experience with Oracle systems/tools would be beneficial.

Responsibilities

• Lead the Costing and PFR team, aligning with business objectives.
• Conduct variance analysis for actuals vs. forecasts.

Skills

Financial Analysis

Variance Analysis

Collaboration Skills

Analytical Skills

Strategic Financial Planning

Education

Degree in Finance or Accounting

CPA or equivalent certification

Tools

Oracle Systems

Job description

Description

We are looking for a talented Financial Analysis Manager to join our team specializing in Finance and Costing for Cummins in Daventry, Northamptonshire, United Kingdom.

In this role, you will make an impact in the following ways:

• Lead the Costing and PFR team, setting clear goals and expectations for deliverables, ensuring alignment with business objectives.
• Drive the Annual Operating Plan (AOP) submission and quarterly forecasts for key financial areas such as volumes, standard hours, managed expenses, purchase variances, inventory, variance analysis, and bridge preparation.
• Conduct variance analysis for actuals vs. AOP/forecasts, including headcount, project expenses, wave savings, purchase variances, and inventory, providing financial insights and support to various stakeholders.
• Oversee the annual standard cost-setting exercise, preparing detailed analyses of material cost and overhead changes to ensure accurate and well-supported standard cost updates.
• Lead the Annual Physical Verification Exercise as the primary finance contact, managing planning, execution, and variance analysis to ensure high accuracy and compliance.
• Support the financial closing process by ensuring accuracy in inventory valuation (including excess & obsolete stock), material cost reporting, and substantiation of high-quality balance sheet reconciliations.
• Review and adjust tax forecasts, balance sheets, and cash flow hedge reports, ensuring alignment with changing financial forecasts and business strategies.
• Coach and develop PFR & Inventory team members, fostering their professional growth, building technical capabilities, and creating a clear succession roadmap.
  
  

Responsibilities

To be successful in this role you will need the following:

• Strong collaboration skills – Builds partnerships and works effectively with stakeholders to align financial performance with business goals.
• Effective communication – Delivers clear, tailored financial insights to different audiences, ensuring transparency and informed decision-making.
• Results-driven leadership – Provides direction, delegates tasks, and removes obstacles to achieve financial targets and business objectives.
• Analytical and problem-solving expertise – Interprets complex financial data, identifies trends, and evaluates risks and opportunities to drive business improvements.
• Strategic financial planning – Utilizes forecasting, variance analysis, and performance metrics to guide decision-making and align with organizational strategies.
• Process optimization and adaptability – Continuously improves financial reporting and operational processes while effectively managing ambiguity and complexity.
  
  

Qualifications

Education/ Experience:

• College, university, or equivalent degree in Finance, Accounting or related field required.
• Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification required.
• Experience using Oracle systems/tools would be beneficial.
• Supervisory experience required.
  
  

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type Exempt - Experienced

ReqID 2410803

Relocation Package No