Head of Financial Planning & Analysis

Description

The Ultra Finance function leads the budgeting and forecasting processes and supports the strategy process, as well as managing performance against budget. In addition, it ensures that effective financial controls are in operation in all businesses to ensure stewardship of the Group's assets. It ensures compliance with best professional standards, statutory financial requirements and fiscal provision and undertakes tax planning activities and ensure that the Group's tax reporting duties are discharged.

It ensures that the Group has adequate long-term funding to meet the requirements of its Strategic Plan and supports M&A.

To design and deliver impactful FP&A, including Finance Business Partnering, across the PCS UK and US entities with oversight of FP&A at the CEMS business. This role will have a sizeable commercial angle to it, with the individual expected to help generate meaningful value within the business. This role also has management responsibility for the Business Intelligence team.

This role will report directly to the CFO. The role will work very closely with the Financial Controller, forming a key finance leadership team.

This role will be tasked with responsibility and ownership of :

• Leading the analytics associated with monthly Actuals reporting, including variances to Budget, Forecast, Prior Year etc. Analysis will cover all aspects of the P&L, especially focusing on revenue and margins within Value Streams (i.e. platforms, portfolios, part numbers etc)
• The creation and production of meaningful MI to support the timely and robust month end close, culminating in the production of a high-quality, timely and complete proposed (finance) board report to be prepared for the CFO
• Leading the weekly Flash forecasting process, the output of which will be a forecast of orders, revenue, contribution margin, gross margin, IRAD, opex and EBITDA BOO, together with Operating Cash BOO for the current and subsequent two months (i.e. a 3 month rolling forecast). The output should be commercially insightful (with risk & opportunities and variance analysis for example) and should have the buy-in of the key business stakeholders.
  
  Actions arising should be noted and project managed to a timely conclusion
• Leading the Quarterly and annual Budget forecasting processes to agreed timelines, based on meaningful and detailed supporting schedules built on bottom-up and analysable data sources. The process should be managed through an integrated financial model with appropriate automation and clearly and easily identifiable assumptions. The output will comprise of a high quality, insightful presentation pack aligned to a complete and timely One Stream data submission
• Working collaboratively across the business to lead the annual creation, submission and subsequent periodic refreshes of the 5 year Strategic Plan. The Strategic Plan will cover the front end of the business and project financially through a P&L, Balance Sheet and Cashflow. The process should ensure a robust audit trail which is relatively easy for a reviewer to navigate their way through.
  
  The ultimate output will be a significant presentation pack providing analysis of the business through the prism of numerous different cuts and slices of the business
• Developing and maintaining deep and meaningful margin analysis tools providing insight on historical and projected margins across the product range within the business. The analysis must be intrinsically linked and reconcilable to the General Ledger. The analysis should be produced in a way that enables finance and non-finance users of the tool to identify margins and make impactful decisions based on this information
• Leading the creation and evolution of a robust, granular and well-presented MI suite, providing meaningful insight on business metrics in a timely fashion
• Be the point Finance person for interacting with, and supporting the S&O process, as well as ensuring it is fully integrated with financial forecasts. To enable this a keen interest will be required to ensure the Opportunities Tracker remains relevant for financial forecasting purposes

Working very…