Project Finance Analyst

Nomad Foods; Woking; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

Nomad Foods in Woking hybrid is seeking a Project Finance Analyst to support the Project Finance Controller across approx. 20–30 projects annually with capex and non-recurring spend guidance. You will ensure costs are correctly accounted, assist with governance materials, and drive process improvements in project finance models.

The role emphasizes accurate costs reporting, budgeting, forecasting, and close coordination with HO FP&A and project teams to align with Nomad policies and timelines.

Qualifications

• Part/fully qualified accounting professional qualification.
• Minimum 3 years experience in accounting, FP&A or business partnering.
• Experience in a fast-paced environment.
• Strong planning and organisational skills.
• Attention to detail and ownership for numbers.
• Senior stakeholder management.

Responsibilities

• Support the Project Finance Controller with financials and controls for major Nomad projects.
• Maintain budgeting and forecasting for Capex and non-recurring spend.
• Prepare governance materials for Project Review Committees and ensure policy adherence.
• Model project costs and ensure timely and accurate reporting.

Skills

Strong numeracy

Excel

PowerPoint

Stakeholder management

Capex

Attention to detail

Organisational skills

FP&A

Education

Accounting qualification

Tools

SAP ECC

Job description

Project Finance Analyst

Permanent role

Woking - Hybrid

We are currently recruiting for a Project Finance Analyst to join our team playing a key role in our daily finance operations. You will be working alongside a talented, like-minded team for some of Europe's largest frozen food brands including Birdseye, Aunt Bessie, Findus and Goodfella pizzas.

About the role:

The Project Finance Analyst role is responsible for supporting the Project Finance Controller ('PFC') in providing financials and controls for all major Nomad projects (excluding Supply Chain), and for total Nomad Capex and Non recurring spend. The number of qualifying projects is approximately 20-30 p.a. ; total Capex and Non-Recurring spend p.a. is c130m.

Key Accountabilities:

• Project Governance : support the PFC in preparing materials for the Project Review Committee, ensuring that they are accurate, timely and insightful. Work with project teams to ensure Projects adhere to spend approval and other Nomad policy frameworks
• Continuous Capability Improvement : support maintenance of central repository of Project finance processes and model with appropriate supporting documentation. Identify opportunities to simplify and automate Finance project models/processes
• Project Accounting policies : work with Financial reporting team to ensure project accounting is per the Nomad accounting policy. Ensure in detail that project costs are correctly accounted for
• Business Case preparation : work with PFC and project teams to ensure Project financial Business Cases prepared for Governance forums are: accurate, adhere to Nomad accounting policy, using prescribed metrics and templates, and are prepared in a timely manner
• Budgeting and Forecasting: Maintain regular line of sight on in-year, outer year and total view of project costs & benefits, and that these visible to and aligned with stakeholders. Run models and process to capture, and give visibility to, this information. Ensure Project costs (Indirects, Capex and NR) are incorporated in a timely and accurate way into the Planning and Forecasting Nomad cycles (eg 3 year Strat Plan, next year Budget, and in-year monthly forecasts). Work with HO FP&A to ensure timings and outputs aligned to Nomad global process
• Month End close : ensure Monthly actual costs for Projects are accurately accounted for and reported in core accounting systems, review numbers and verification of Actual spend, and preparation of journals and PO governance. Prepare variances versus budget/forecast with commentary. Ensure relevant Sox Controls are operated in timely and accurate manner. Address internal and external audit queries

Capex and Non Recurring, (Head office) Depreciation:

• Budgeting and Forecasting: Maintain regular line of sight on in-year, outer year and total view of Total Nomad Non recurring and Capex. Ensure updates are incorporated in a timely and accurate way into the Planning and Forecasting Nomad cycles (eg 3 year Strat Plan, next year Budget, in year monthly forecast, including Risks and Opportunities). Run models and process to capture, and give visibility to, this information. Review and challenge input assumptions provided by stakeholders
• Capital Project Spend governance : support local HO teams to prepare Head Office capital approval requests, ensuring they are: accurate, adhere to Nomad accounting policy, based on assumptions that have been reviewed and checked for reasonableness, using prescribed metrics and templates, are aligned to approved budgets, and authorised in a timely manner. Administer the Head Office Capital Project approval process
• Month End Close : Ensure Non Recurring and Capital spend reported in primary financial systems (SAP, BPC) is accurate and correct per accounting policy and expectation. Complete reconciliation of NR+Capex management accounting information to primary systems to ensure reporting accuracy

Other:

• (Head Office) Depreciation : responsible for preparing HO Depreciation forecasts provided for 3 year Strat Plan, next year Budget, in year monthly forecast. Run models and process to capture, and give visibility to, this information. Prepare variances and commentary of Actuals and latest view vs previous forecast
• Drive continuous improvement to all processes listed to ensure they are fit-for-purpose and efficient

About you:

Essential

• Part/fully qualified Accounting professional qualification
• Min 3 years experience accounting, Financial Planning and Analysis, or Business Partnering
• Previous experience working in a fast-paced environment
• Strong planning and organisational skills
• Attention to details and ownership for numbers
• Senior Stakeholder management
• Capex treatment
• Strong numeracy, and Excel and PowerPoint skills
• Senior Stakeholder management
• Link information from multiple sources for reporting purposes

Desirable

• Previous experience with SAP ECC
• Previous Project (accounting) experience
• Audit / SOX compliance/ Controls
• Presentation to senior stakeholders

What we can offer you:

We're on an exceptional adventure and can offer a truly purpose led career with flexibility. In addition, you will benefit from the below:

An ambitious employer with recognized brands and growth potential

The potential to progress your career across different areas of Birds Eye and Nomad Foods

A culture where your part of a team, where you feel encouraged to make a difference

At Nomad Foods we're proud to represent the world we serve by hiring diverse talent. Our inclusive culture is all about what we can achieve together.