FP&A Analyst - Price

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FP&A Analyst – Price

Why join us? We’re a family, and that’s what families do. We champion each other, support each other and help each other to grow and improve. A place of safety, stability, and belonging, we put a protective arm around everyone and, when we see talent or potential, we give it a leg up. Finding ways for everyone, whatever their circumstances or background, to develop, progress and become the best they can be.

About the role

We’re proud to offer you a career with real scope for development. To reward your hard work and ambition as a talented FP&A Analyst with plenty of support and opportunity. And empower you to drive your own success and create a career you can be proud of too. In this busy and exciting role, you will provide commercial information that enables Finance Business Partners and other key stakeholders to assess performance and make informed decisions. Maintaining and analysing price data for a set of customers, including cost models, price tracker and recovery analysis – will be top of your agenda, as will delivering commercial reporting and supporting the wider FP&A team through ad-hoc projects.

Role Accountabilities

Customer Models

• Maintaining price-based customer models through the Anaplan system on a cyclical basis
• Consulting with the wider FP&A team, Site Finance and Procurement Business Partnering teams to obtain accurate input data, generating robust price impact analysis in a standard presentation format
• Supporting on customer communications and stakeholder meetings related to models
• Ensuring all agreed price anchors are updated in systems
• Completing regular true up analysis and price flashes
• Providing commentary on inflationary dynamics
• Supporting with generation of annual CPI analysis and MSP impact of agreed recovery by SKU

MSP tracking

Maintaining MSP trackers for customers ensuring changes are tracked with reasons to aid future analysis (commodity pricing, out of model, CPI adjustments, EPD, VO)

ORD analysis

• Monthly reporting of ORD position with actual plus forecast position and commentary on accrual position
• Supporting with customer communications and stakeholder meetings related to overrider position

Inflation analysis

• Maintain Anaplan price data through monthly upload process, ensuring gaps are identified and rectified
• Producing monthly inflation dashboards by sector and customer as required

Control Environment

• Ensuring discounts and accruals such as ORD and promos are correctly maintained in systems, liaising with site teams where necessary
• Completing regular reconciliations of group sales app to product bible data, prompting actions where required and following up to ensure corrections are made
• Maintaining expected balance sheet position for customer accruals to be shared with site and commercial finance BPs

Actual Margin Model maintenance

• Maintaining master model of actual margins by SKU for agreed customers, using sales forecasts / standard costs, calculated price impact (both MSP and PPV), performance data and overhead data
• Producing Actual Margin reporting and consulting with Commercial Finance Business Partners to drive action

About you

Ideally, you will have good knowledge of operational finance reporting, financial forecasting and analysis, alongside previous experience of working with Finance ERP systems and Business Reporting Tools. If you are currently in progress of completing a Professional Accounting Qualification (ACA / ACCA / CIMA) – this would be highly beneficial. An elevated level of analytical capabilities, the ability to operate in a fast-paced and demanding environment, diligence, and proficiency in data management – will all be key. Come and join our fast-paced and dynamic work environment and positively contribute to the success of our fantastic Finance team.

What you’ll receive

As an equal opportunity employer, we’re committed to providing a safe and rewarding environment for you to thrive in. This is why we work hard to deliver benefits, rewards and wellbeing offerings that are important to you. You’ll enjoy:

• Life Assurance (2.5 x salary)
• Short Term Bonus Scheme
• 25 days holiday
• Staff Shop
• Stakeholder Pension Scheme
• MyBargains Discount Platform
• Personal Accident Insurance
• Free Independent Mortgage Advice
• Employee Assistance Programme
• A Range of voluntary benefits (holiday purchase scheme, additional life assurance, dental & hospital cash plans)
• Discounted tutoring for children
• Access to financial learning tools and affordable loans via your salary
• Private Medical Insurance

Plus, a commitment to your wellbeing that includes emotional, physical and financial support services delivered by our fantastic team of wellbeing champions. Proud to be Bakkavor We’re the biggest name you’ve never heard of. You’ve probably eaten our food. You just didn’t realise it. Because as global leaders in the fresh prepared food industry, we create innovative products, including meals, soups, dips, salads, desserts, pizzas, and breads for our customers in the UK, US, and China. We’re ambitious. We're full of ideas and we're ready for more people to join us who share our passion for quality – come and join our dedicated Bakkavor team!