Procurement Finance Analyst - Feltham, United Kingdom - Baysfield Recruitment Ltd

Baysfield Recruitment Ltd

Verified Company

Feltham, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview:

My client is the market leader in branded frozen foods across 13 European countries with the United Kingdom, Italy, Germany, Sweden and France representing their five largest markets.

They own a large portfolio of leading niche brands and approximately 75% of their products are manufactured across a network of several owned manufacturing sites.

The remaining products are produced by a network of 3rd party Co-packers.

The Procurement Finance Team for this organisation are part of the Finance function and acting as business partner to the Procurement Team.

Due to internal progression they are now recruiting for a Procurement Finance Analyst to deliver reporting and planningsupport across a total spend of over €1.3bn.

Procurement Finance Analyst Responsibilities:

Responsible for leading month end and forecast cycles, engaging with multiple finance Stakeholders from across the whole of the organisation to ensure that Procurement spend and price data is accurate, complete and delivered on time.
Responsible for the Anaplan model and associated business processes which are used to report and forecast Procurement spend and price metrics.
Provide support for potential future optimisation and development of the Procurement reporting system, as well as for the rollout of the new SAP template (Phoenix) in the coming months.
Responsible for requesting and communicating the standard costs of new materials to the relevant Stakeholders.

Key Accountabilities:

Monthend Actuals:_
Key user for Procurement Spend System (Anaplan) used to report Procurement spend metrics (Costs, Volumes, Spend and Price Variances).
Liaising with factory and commercial unit finance Colleagues to ensure accuracy and completeness of reported procurement spend data.
Deliver management reports of procurement spend metrics used to review monthly performance.
Continuous improvement of month end processes and reporting.
Forecasting and Budgeting:_
Support the Procurement Finance Team to deliver robust forecasts of procurement spend metrics.
Key user for Procurement Spend System (Anaplan) used to forecast Procurement spend metrics (Costs, Volumes, Spend and Price Variances).
Own the planning timings and templates for forecast and budget processes.
Continuous improvement of forecast processes.
Anaplan System Management and Development:_
Owns Anaplan solution design, configuration and administration.
Assures calculation results accuracy.
Maintains appropriate data access and security.
Maintains the master data.
Standard Costs Process:_
The role will be responsible for requesting the standard costs of the newly created materials in SAP to Procurement on a fortnightly basis.
Once collected from Procurement, the standard costs will have to be communicated to the appropriate Stakeholders in a timely manner.
Facilitates process improvements to simplify / automate all procurement finance processes.

Qualifications and Experience:

University Degree (desirable).
Experience with working across cross functional Teams in a matrix style organisation.
High level of business / financial acumen and analytical ability.
Analytical and business process skills.
Advanced MS Office package, particularly Excel.
Attention to detail and accuracy.
Management Reporting and Financial Analysis.
Strong planning and organisational skills.