Financial Analysis Manager

DESCRIPTION

We are looking for a talented Financial Analysis Manager to join our team specializing in Finance and Costing for Cummins in Daventry, Northamptonshire, United Kingdom.

In this role, you will make an impact in the following ways:

• Lead the Costing and PFR team, setting clear goals and expectations for deliverables, ensuring alignment with business objectives.
• Drive the Annual Operating Plan (AOP) submission and quarterly forecasts for key financial areas such as volumes, standard hours, managed expenses, purchase variances, inventory, variance analysis, and bridge preparation.
• Conduct variance analysis for actuals vs. AOP/forecasts, including headcount, project expenses, wave savings, purchase variances, and inventory, providing financial insights and support to various stakeholders.
• Oversee the annual standard cost-setting exercise, preparing detailed analyses of material cost and overhead changes to ensure accurate and well-supported standard cost updates.
• Lead the Annual Physical Verification Exercise as the primary finance contact, managing planning, execution, and variance analysis to ensure high accuracy and compliance.
• Support the financial closing process by ensuring accuracy in inventory valuation (including excess & obsolete stock), material cost reporting, and substantiation of high-quality balance sheet reconciliations.
• Review and adjust tax forecasts, balance sheets, and cash flow hedge reports, ensuring alignment with changing financial forecasts and business strategies.
• Coach and develop PFR & Inventory team members, fostering their professional growth, building technical capabilities, and creating a clear succession roadmap.

• Strong collaboration skills - Builds partnerships and works effectively with stakeholders to align financial performance with business goals.
• Effective communication - Delivers clear, tailored financial insights to different audiences, ensuring transparency and informed decision-making.
• Results-driven leadership - Provides direction, delegates tasks, and removes obstacles to achieve financial targets and business objectives.
• Analytical and problem-solving expertise - Interprets complex financial data, identifies trends, and evaluates risks and opportunities to drive business improvements.
• Strategic financial planning - Utilizes forecasting, variance analysis, and performance metrics to guide decision-making and align with organizational strategies.
• Process optimization and adaptability - Continuously improves financial reporting and operational processes while effectively managing ambiguity and complexity.

• College, university, or equivalent degree in Finance, Accounting or related field required.
• Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification required.
• Experience using Oracle systems/tools would be beneficial.
• Supervisory experience required.