Financial Planning & Analysis Analyst

Role Overview

• Report, analyse and interpret financial and operating data for global accounting and business operations.
• Provide analytical support including P&L projections/forecasts, scenario planning, ratio analysis, budgeting and cost analysis.
• Liaise closely with colleagues in the global Finance Business Partnering team, furnishing them with data-lead insights into sales, margin, operating expense and working capital performance
• Gather, analyse and summarise recommendations for financial plans, acquisition activity strategic growth initiatives, future requirements and operating forecasts.
• Develop financial reports for forecasting, trending and narrative results analysis for management.
• Co-ordinating closely with our global Business Intelligence team to ensure our suite of daily, weekly and self-serve reporting available to business leaders is appropriate, relevant, accurate and on a constant evolution pathway
• Prepare, review and analyse standard and ad-hoc monthly reporting, including assisting in the production of reporting for Avnet and Farnell Executive Team consumption.
• Review reports to verify accuracy and highlight variances.
• Other ad-hoc reporting requirements as assigned
• Generate financial forecasts and create financial models to support business planning decisions.
• Assist in the development, preparation and presentation of short
• and long range financial plans.
• Work with management to develop, monitor and report KPIs for the business.
• Prepare journal entries, calculate accruals and allocate expenses.
• Work closely with the global accounting teams (EMEA, APAC and Americas) during month-end period close to gain insight into financial results, applying rigor, financial challenge and a curious mindset to ensure understandability of all financial results (P&L and working capital) for the period.
• Perform economic research on rates of return, depreciation, working capital, investment opportunities and regulatory impacts.
• Respond to information requests from internal customers, including but not limited to Farnell and Avnet global performance, competitor analysis and market trends.
• Contribute to various improvement initiatives and business insights projects.
• Support other duties as assigned.

Requirements

• 3+ years of experience in financial analysis, FP&A or a similar role.
• A Bachelor’s degree or equivalent experience.
• Knowledge of GAAP and complex accounting systems.
• Strong analytical ability and experience interpreting financial data.
• Advanced Excel skills (XLOOKUP, Pivot tables; exposure to Power BI or SAP is advantageous.
• A proactive, curious mindset and confidence working with cross functional teams across regions and time zones.
• Strong communication skills with the ability to translate data into actionable insight for senior management.

Benefits

• A supportive team environment where everyone really is working toward the same goal.
• A strong open-door policy within management
• An environment where you will be given the tools and opportunities to further your career
• Pension scheme (matched up to 8%)
• Company car salary sacrifice scheme
• Simply Health Medical Scheme
• 25 days holiday plus bank holidays with option to buy additional holiday
• Free On-site Parking and free on-site gym
• Flexible hybrid working
• Cycle to work Scheme
• Reward schemes