Financial Planning & Analysis Analyst

Job Title: Financial Planning & Analysis (FP&A) Analyst - Stock Distribution

PC1013

Company Overview: Batt Cables Ltd is a leading stock distribution business specializing in the purchase and sale of a diverse range of power cables to wholesalers and contractors across the UK and Europe. With a portfolio of over 8000 different types of power cables sourced from reputable manufacturers, we strive to provide high-quality products and exceptional service to our customers.

Job Summary: We are seeking a talented and analytical individual to join our finance team as an FP&A Analyst. The successful candidate will play a key role in driving strategic decision-making by leveraging financial data and insights. The primary focus will be on utilizing PowerBI and other data manipulation tools to analyze sales, margin, and inventory data, ultimately contributing to the improvement of overall business performance.

Responsibilities:

Financial Analysis and Reporting:

• Develop and maintain financial models to analyze sales, margin, and inventory data.
• Generate insightful reports and dashboards using PowerBI to present key financial metrics and trends.
• Provide regular financial performance updates to stakeholders and management

Data Manipulation and Management:

• Extract, clean, and manipulate data from various sources to ensure accuracy and reliability.
• Collaborate with IT and other departments to streamline data processes and enhance data quality.
• Budgeting and Forecasting:
• Assist in the development of annual budgets and periodic forecasts.
• Work closely with other buisness departments to gather relevant data and insights for budgeting and forecasting purposes.

Business Strategy and Decision Support:

• Partner with cross-functional teams to understand business dynamics and identify opportunities for improvement.
• Analyze financial data to provide actionable insights that drive business decisions aimed at improving sales, margin, and inventory levels.

Variance Analysis:

• Conduct in-depth variance analysis to identify key drivers of financial performance against budget and forecast.
• Collaborate with relevant teams to implement corrective actions based on analysis findings.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field. MBA or professional certification (e.g., ACA,CIMA) is a plus.
• Proven experience in financial analysis and FP&A roles, preferably within the distribution or manufacturing industry.
• Strong proficiency in PowerBI and advanced Excel skills for data manipulation and analysis.
• Excellent understanding of financial principles, accounting practices, and financial reporting.
• Ability to communicate complex financial concepts to non-finance stakeholders.
• Skills and Competencies:
• Analytical mindset with a focus on problem-solving.
• Strong attention to detail and accuracy.
• Excellent interpersonal and communication skills.
• Ability to work collaboratively in a team environment.
• Proactive and self-motivated with a commitment to continuous improvement.