Senior Commercial Finance Analyst

Job Description

Role: Senior Commercial Finance AnalystLocation: Blackburn, BB1 2FA - Office BasedContract: Full-Time Hours / PermanentSalary: £36,575 - £47,025 (dependent on experience)Company: EG GroupAbout the role…We have a new and exciting opportunity for an experienced finance professional to join our UK Finance team! In this role you will be required to manage and own the effective cost accounting for the Cooplands manufacturing business whilst also developinga cost model, reporting and enhancing the businesses understanding of the site level costs across the estate.Reporting into the Commercial Finance Manager, you will provide commercial support within the Country Finance team, and act as a Finance point of contact for Operational and Senior Management teams. Your role will also involve identifying possible businessopportunities which could improve bottom line performance via sales generation, margin improvement and cost reduction.We are looking for an individual who possesses an analytical mindset, strong business acumen and excellent attention to detail with a clear understanding of cost accounting within a manufacturing business. If you are passionate about finance and ready totake your career to the next level, then we encourage you to apply as this could be the perfect opportunity for you!Duties & Responsibilities

• Monitor inventory cost, quantity, and value to ensure accuracy of reporting in line with accounting standards.
• Produce and maintain inventory reconciliations.
• Develop a model to determine the cost of manufacturing perishable products, including all relevant factors such as direct and indirect costs, labour, materials, and overhead.
• Maintain and improve cost tracking to ensure accuracy and efficiency.
• Ensure compliance with accounting principles and regulations, FRS102 and IFRS.
• Collaborate with cross-functional teams to identify and implement cost-saving initiatives and process improvements, including costs management system improvements.
• Prepare reports and presentations for management, highlighting key cost-related metrics and insights.
• Preparation of budgets and financial forecasts for selected entities and business streams.
• Preparation of complex weekly and monthly commercial reports / dashboards.
• Analysis of the profitability by site and by income stream.
• Support in the group wide budgeting and forecasting processes.
• Point of contact for commercial reporting and variance analysis
• Understand the businesses KPIs and work with the commercial finance lead to drive these.
• Variance and trend analysis for company performance.
• Work with management accounts team to understand monthly performance by site.
• Review of P&L on a regular basis to forecast key trends and fluctuation.
• Support the senior members of the team to drive decision making.
• Other ad-hoc tasks and projects.

Candidate Requirements

• CIMA/ACCA/ACA Finalist or equivalent.
• Proven experience in cost accounting or a related role, preferably in a manufacturing or
• production-oriented environment.
• Self sufficient, hard working and driven individual with the ability to work to within an ever changing, fast paced environment.
• Good Knowledge of IFRS/ Local GAAP.
• Demonstrates strong communication skills and excellent organisational skills.
• Ability to effectively manage projects and tasks to meet deadlines and objectives.
• Understanding of accounting software and system knowledge to create specific reports (SAP).
• Works well within a team as well as cross-functionally with all departments.
• Flexibility to travel for occasional meetings around the UK.

Benefits & Rewards

• Performance Based Bonus Scheme
• Employee Life Assurance
• EG Group Discounts - up to 15% off at our stores and food to go restaurants
• ASDA Discount Card - 10% off all ASDA stores
• EG Cares Benefits - exclusive discounts across 900 retailers
• Smart Health - 24/7 online GP access, health checks and health and wellbeing support
• Employee Assistance Programme - access to our Wellbeing Centre which offers emotional & practical support including free financial advice
• Learning & Development - access to our Learning Hub, the most extensive online course library in the world to support you with every step of your career at EG Group
• Waterside Café - freshly prepared meals at affordable prices
• Free Secure Car Parking
• Dress Down Fridays
• Flexi-Time
• Prayer and Ablution Facilities
• Shower Facilities
• Sit / Stand Desk Facilities
• Work Anniversary Rewards
• Free Eye Test

Who are EG GroupEG Group is one of the world’s leading independent convenience retailers with an extensive network of sites across international markets in the United Kingdom & Ireland, Continental Europe, Australia and the United States of America.Founded in 2001 by the Issa family with the acquisition of a single site in the UK, today the company is at the forefront of delivering an innovative approach to forecourt convenience retail.At EG Group, we pride ourselves on being recognised for our investment model, trading performance and more importantly, providing a best-in-class customer experience in Grocery & Merchandise, Foodservice and Fuel.Our transformational convenience retail business model has been built upon excellent relationships with an extensive portfolio of leading retail brands, and through strategic network acquisitions supported by a program of new-to-industry developments.Every day, our committed workforce tirelessly delivers our products and services to millions of customers alongside supporting the local communities in which we operate.Please note - the successful applicant will be subject to a DBS check which will be funded by EG Group.