Reports to:
Finance business partner
Direct reports:
None
Accountabilities
This role offers the opportunity to work with the Finance business partner to help drive the financial capabilities and commercial analysis of the organisation.
Working closely with colleagues from each directorate, this role will play a key part in delivering financial analysis, commercial support and insight and help budget holders and the organisation to deliver their objectives.
Key responsibilities:
- Budgeting, forecasting and reporting: supporting the Finance business partner with month-end, budgeting and quarterly reforecasting, partnering with department heads and the Senior Leadership Team (SLT)
- Cost management: conduct monthly actual vs. budget reporting, managing costs with budget owners
- Strategic planning: supporting the Finance business partner with the maintenance and development of the five-year financial model with sensitivity analysis
- Revenue and price modelling: develop and maintain detailed revenue models, working with the Data and Membership teams on pricing and long-term revenue forecasts. Collaborate with other teams to develop pricing strategies for new products and assess their financial impact
- Finance control: support the Finance business partner with key financial control processes, such as revenue reconciliations and balance sheet controls, as well as the monitoring of pricing and discounting controls
- Cash flow: maintain cash flow forecasting models to support optimal working capital management
- Investment appraisal: support the Finance business partner and departments with the investment appraisal of business cases
- Suggest and assist in the implementation of improvements in existing processes to enhance financial reporting and performance.
- Other ad hoc duties as required
Person specification:
Background and experience
A new role within the finance team, we are looking for an adaptable, analytical and collaborative person to join the team. The person we are looking for will be an aspiring accountant studying towards a professional qualification (ACCA/CIMA) with some experience of management accounting/reporting, forecasting, budgeting, and financial analysis principles.
The candidate will be exposed to a wide range of aspects of the GS1 UK business and its finances. Whilst experience across all key areas of responsibility is not a prerequisite, what is more important is somebody who is curious, willing to learn and who is looking to take the next step in their career.
Personal strengths and style
- Strong communication skills and the ability to liaise with a range of stakeholders
- An inquisitive mindset and commitment to continuous improvement
- A proactive attitude able to use own initiative balanced with a strong risk awareness
- Excellent Microsoft Excel skills. Comfortable working on and analysing large data sets in excel and carrying out complex reconciliations
- Understanding of working within a finance team and dealing with large volumes of data
- Strong attention to detail and an analytical approach