Financial Analysis Manager

Cummins; Daventry; On-site; GBP 50,000 - 90,000; Full time

Job summary

Join a forward-thinking organization as a Financial Analysis Manager, where your expertise will guide strategic financial planning and drive operational excellence. This pivotal role involves leading a dynamic team, conducting in-depth financial analysis, and collaborating with stakeholders to enhance financial performance. You will oversee key financial processes, support decision-making with insightful analysis, and foster the professional growth of your team. If you are results-driven and passionate about optimizing financial operations, this is the perfect opportunity to make a significant impact in an inclusive workplace committed to diversity and professional development.

Qualifications

• Degree in Finance or Accounting required; CPA or similar certification essential.
• Supervisory experience is a must for this leadership role.

Responsibilities

• Lead the Costing and PFR team, ensuring alignment with business objectives.
• Conduct variance analysis and oversee annual cost-setting exercises.

Skills

Collaboration Skills

Effective Communication

Results-driven Leadership

Analytical Skills

Strategic Financial Planning

Process Optimization

Education

Degree in Finance or Accounting

Certified Public Accountant

Supervisory Experience

Tools

Oracle Systems

Job description

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Job 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:

1. Lead the Costing and PFR team, setting clear goals and expectations for deliverables, ensuring alignment with business objectives.
2. 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.
3. 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.
4. 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.
5. Lead the Annual Physical Verification Exercise as the primary finance contact, managing planning, execution, and variance analysis to ensure high accuracy and compliance.
6. 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.
7. Review and adjust tax forecasts, balance sheets, and cash flow hedge reports, ensuring alignment with changing financial forecasts and business strategies.
8. Coach and develop PFR & Inventory team members, fostering their professional growth, building technical capabilities, and creating a clear succession roadmap.

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

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

Qualifications

Education/ Experience:

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

About Us

At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Visit EEOC.gov to know your rights on workplace discrimination.