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A dedicated Commercial Finance Analyst is needed to provide key financial insights and contribute to strategic decision-making processes. This role is perfect for a finance professional early in their career who is looking to make a significant impact in a thriving company.
Client Details
Our client is a leading player in the engineering sector in West Oxfordshire. With offices a short drive from Witney, they are offering a hybrid working pattern. They are recognized for their commitment to innovation and sustainability, operating globally, providing top-tier services to a diverse range of clients.
Description
The Commercial Finance Analyst will report to the Head of Finance. The postholder will support the commercial finance function for a specific division, working closely with two Finance Business Partners. Providing reporting, analysis and challenging the management team to drive performance and adherence to processes are key elements of this role. This division consists of six unique business units, thus the ability to adapt to new challenges will be key to success in this role.
Key duties will include:
- Month end
- Month end processes, such as accruals, prepayments, and revenue recognition.
- Support team in delivery of accurate set of accounts for the division, with details explanations of any material variance to forecast.
Data and insight
- Business partnering support for a specific business unit.
- Analyse financial data to and trends to identify risks and opportunities.
- Prepare finance reports and summarises. Production of monthly MI pack
- Provide insights and recommendations for strategic business decisions.
- Evaluate cost structures and identify cost-saving opportunities.
Control
- Conduct variance analysis on expenditure, ensuring budgeted levels are maintained.
- Ensure compliance with financial processes across the division.
- Analysis of credit card spend, seeking to improve compliance and reduce spending.
- Producing reports to ensure robust financial management of large projects.
- Continually ensure invoicing is done in a timely manner, driven down the Aged WIP position.
- Working closely with credit control and key stakeholders on aged debtors.
Other
- Adhoc analysis as required.
- Continually seek to improve process and drive efficiency.
Profile
A successful Commercial Finance Analyst should have:
- A good general knowledge of accounting with a minimum of 3 years' experience in similar role
- Part qualified CIMA/ACCA or similar - study support can be offered.
- UK driving license.
- Competent use of Microsoft office software, advance excel user.
- Excellent communication and collaboration skills
- Ability to influence strategic decisions with financial insights
- Ability to form strong relations outside of finance team, and manage upwards.
- Work well under pressure and have excellent organisational skills
Job Offer
- A competitive salary in the range of £30,000 - £40,000 per annum, dependent upon experience and qualification
- A hybrid working model, offering flexibility and work-life balance
- Generous holiday leave
- A supportive and inclusive company culture
- Opportunity to work in the dynamic industrial and manufacturing industry
We encourage all interested candidates who are looking to advance their careers in the finance field to apply. This is a great chance to join a thriving company and make a significant impact with your expertise.
