Commercial FP&A Analyst

Job Purpose

• The FP&A Commercial analyst reports to the Head of Regional FP&A and works closely with the Commercial Navigator, creating an impact by providing high value adding analysis to the Commercial organization
• Supports the Commercial Navigator in generating insights, particular in the area of margin managament, OPEX, TWC and CAPEX monitoring
• Supports the global FP&A Commercial processes, like planning and budgeting that support the strategic objectives of AkzoNobel
• Supports continuous improvements and standardization initiatives

Key Accountabilities

• FP&A ownership of the full P&L, Working Capital, Commercial Capex and Balance Sheet Provisions relating to the P&L Lines (Budgeting, Rolling Forecast, Month End Close, Analysis, Presentations)
• Budgeting & Forecasting
  • Partnering with the business navigators in preparation of budget and rolling forecast
  • Presenting relevant analysis for the budget and rolling forecast
  • Preparation of the management decks
  • Ensuring correct and timely system loads of the budget and forecasted numbers
• Month End Close
  • Start review of the month end numbers in the last week of the month
  • Engage with accounting and R2R team to understand the correctness of accruals and any accruals impacting the month end result. Also understand any one-offs impacting month end results.
  • Prepare flash P&L comments and month end close presentations
• Management Reporting & Analysis (Margin)
  • Customer level, Product level and country level margin analysis during budgeting, forecasting and month end process
  • Calculating price, volume, mix impact per product/customer/country and highlights areas for margin improvement.
  • Identify variances from Standard COGS and Non-Standard COGS
  • Closely collaborate with VMC CoE for COGS forecast and actuals
  • Effectively use IBP and FLM data for revenue forecast and analysis
  • Take active part in demand review meetings and understand the business
  • Providing comments and insights on performance – along with recommendations.

Experience

• Chartered Accountant/ICWA (Max 3 Attempts) or MBA from Top 20 B schools
• 6+ years’ experience in a similar role/field.
• You are ambitious and see this function as part of your development to become an all-round Finance professional in AkzoNobel.
• You are curious, eager to learn and always searching for improvement opportunities (process wise)
• You have affinity for numbers and systems, and have strong analytical skills combined with a critical, but constructive, attitude
• Experience in building automated reports and models is a must; excellent financial and analytical skills
• Strong HFM, ERP (preferable SAP) and BI systems experience
• Strong analytic skills and the ability to analyze, organize, summarize and articulate complex financial information for decision making
• Possess excellent written and verbal communication skills in English, including ability to articulate recommendations in a concise and timely manner
• Able to prioritize and work with multiple supervisors
• Strong ‘can-do’ mentality and ‘drive’ to accomplish tasks in an environment with multiple stakeholders