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For Companies At a Glance
- Tasks: Support cash transactions, process payments, and manage bank reconciliations in a dynamic finance team.
- Company: Join Nomad Foods, Europe's largest frozen food company with iconic brands like Birds Eye and Goodfellas.
- Benefits: Enjoy career development opportunities, a collaborative culture, and the chance to work with top finance professionals.
- Why this job: Be part of a team focused on excellence and continuous improvement, making a real impact on business success.
- Qualifications: Experience in accounting, cash management knowledge, and proficiency in Excel and SAP are essential.
- Other info: This role offers a unique opportunity to grow within a leading company in the food industry.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Nomad Foods was formed in 2015 and with revenues of €2.6bn is the largest frozen food company in Europe. Nomad owns a portfolio of leading brands including Birds Eye, Findus and iglo, supplemented in 2018 with the purchase of Goodfellas Pizza and Aunt Bessie’s, and in 2021 with the purchase of Ledo and Frikom.
We manufacture and distribute a range of branded frozen food products across 22 European countries with the United Kingdom, Italy, Germany, Sweden and France representing our five largest markets.
The long-term goal of Nomad is to develop a global portfolio of best-in-class food brands by growing organically and through strategic M&A.
We are proposing that our new Shared Finance Centre will house both our Financial Accounting teams and our Financial Planning and Analysis Centre of Expertise.
Our vision is to build trusted, equal partnerships through the delivery of timely and valuable services that will ensure growth and business success for Nomad Foods. The team will deliver a step change in performance through a relentless focus on excellence in execution and continuous improvement, enabling us to simplify and standardise our processes and procedures, which in turn, enables quality decision-making, delights our customers and supports Nomad Food’s business objectives.
The Shared Finance Centre will be an outstanding place to work for finance professionals, with new and exciting opportunities to develop careers and by being recognised alongside the very best by our people.
The role will provide administrative support for the processing of all cash related transactions across multiple currencies both internally and externally.
Responsibilities
- Process journal entries within the SAP general ledger system
- Processing of Vendor & customer payment runs in SAP
- Manual processing of Month End Revaluations in SAP
- Month end Bank Reconciliations. Daily statement uploads and clearing of payments to vendor/customer accounts.
- Payroll payment processing
- Weekly Cash Flow Forecasting
- Monthly FX Hedge Forecasting
- Support with Internal and external audit requests
- Intercompany reconciliation
- Process improvements
- Proactive ownership and investigation of queries/issues that may arise, escalating and reporting any inconsistences to supervisor or manager in a timely manner.
- Reviewing processes and outstanding issues to ensure a high level of service is maintained globally
- Ensure end to end understanding of all operational tasks and how they relate and impact all processes. Ensure standard ways of working are applied consistently
- Maintain compliance with the set of SOX controls applied to departmental operations
- Any other ad hoc duties as directed by your Supervisor or Line Manager
Qualifications
Essential
- Experience in an accounting function with knowledge of cash management and general ledger maintenance activities
- Experience of posting payments on ledger
- Experience in bank reconciliations
- Computer skills including the ability to operate computerised accounting, spreadsheet (Excel), and email (Outlook) at a proficient level
- An understanding of cash management and cash processing activities
- Good written and verbal communication skills
Desirable
- AAT / Part Qualified
- SAP
- Intercompany reconciliations
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Cash Management Analyst employer: Nomad Foods Inc
Contact Detail:
Nomad Foods Inc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cash Management Analyst
✨Tip Number 1
Familiarise yourself with SAP, as it's a key tool for the Cash Management Analyst role. If you have access to online tutorials or courses, take some time to learn about its functionalities, especially in relation to general ledger maintenance and payment processing.
✨Tip Number 2
Brush up on your knowledge of cash management principles and bank reconciliation processes. Being able to discuss these topics confidently during an interview will show that you understand the core responsibilities of the role.
✨Tip Number 3
Network with current or former employees of Nomad Foods or similar companies. They can provide insights into the company culture and expectations, which can help you tailor your approach when applying.
✨Tip Number 4
Prepare to demonstrate your problem-solving skills, particularly in relation to cash processing issues. Think of examples from your past experience where you've successfully resolved discrepancies or improved processes, as this will be valuable in the interview.
We think you need these skills to ace Cash Management Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cash management and accounting functions. Emphasise your familiarity with SAP and any specific achievements in bank reconciliations or payment processing.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Nomad Foods and its goals. Mention how your skills align with their vision for the Shared Finance Centre and express your enthusiasm for contributing to their success.
Highlight Relevant Skills: In your application, clearly outline your proficiency in using accounting software, particularly SAP, and your ability to manage cash-related transactions. Include examples of how you've improved processes in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your communication is clear and professional, as good written skills are essential for this role.
How to prepare for a job interview at Nomad Foods Inc
✨Know Your Numbers
As a Cash Management Analyst, you'll be dealing with financial data daily. Brush up on your knowledge of cash management principles, bank reconciliations, and general ledger maintenance. Be prepared to discuss your experience with these tasks and how you've handled them in previous roles.
✨Familiarise Yourself with SAP
Since the role involves processing transactions within the SAP system, it's crucial to demonstrate your familiarity with it. If you have prior experience using SAP, be ready to share specific examples of how you've used it effectively in your past positions.
✨Highlight Your Problem-Solving Skills
The job requires proactive ownership of queries and issues. Prepare to discuss situations where you've identified problems, investigated them, and implemented solutions. This will show your potential employer that you're capable of maintaining high service levels and compliance.
✨Communicate Clearly
Good written and verbal communication skills are essential for this role. Practice articulating your thoughts clearly and concisely. You might be asked to explain complex financial concepts, so being able to communicate effectively will set you apart from other candidates.
