FP&A Manager

FP&A Manager

Woking Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage financial planning, forecasting, and reporting for Nomad Foods.
  • Company: Join Europe's leading frozen food company with iconic brands like Birds Eye and Findus.
  • Benefits: Enjoy a competitive salary, excellent bonuses, and a culture that values your ideas.
  • Why this job: Gain exposure to senior stakeholders and drive impactful financial strategies.
  • Qualifications: Must be fully qualified (CIMA, ACA, or ACCA) with experience in planning systems.
  • Other info: Be part of a diverse and inclusive culture that celebrates differences.

The predicted salary is between 43200 - 72000 £ per year.

Overview

Nomad Foods is a leading frozen foods company building a global portfolio of best-in-class food companies and brands within the frozen category and across the broader food sector. Nomad produces, markets and distributes brands in 14 countries and has the leading market share in Western Europe. The company\’s portfolio of leading frozen food brands includes Birdseye, Iglo, Findus, Goodfellas, Aunt Bessie, La Cocinera and Lutosa.

Nomad Foods was set up by Martin Franklin and Noam Gottesman, joint Executive Chairmen, in 2015. They have spent a significant part of their careers building and investing in consumer branded companies, focusing on creating growth, both organically and through acquisition. They have coined an expression ‘owners, not renters’. As owners, the decisions they make are about the long-term future of the company.

In June 2015, Nomad Foods acquired the former Iglo Foods Group Companies (Birds Eye UK, Iglo for European Markets and Findus, Italy) and in November 2015 Nomad Foods completed the acquisition of the Southern European and Nordics businesses of the Findus Group. In 2018, this was followed by the acquisitions of Goodfella’s pizza and Aunt Bessies. This coming together of key brands created a leading packaged foods company that is seeking to further expand through building a global portfolio of best-in-class food companies and brands within the frozen category and across the broader food sector. The most recent stages of the journey were the acquisitions of Findus Switzerland in January 2021, and the Froneri Adriatic Frozen Food business in October 2021.

The Nomad finance team is also going through a period of transformation to deliver its finance manifesto and implement step change improvements to the operating of the finance function across the business.

Working within the Group FP&A team, this is a dynamic role leading both the cash management forecast and coordination of the company’s Strategic Plan process. The FP&A Manager will be responsible for the ownership of analytical standards for reporting and modelling of cash KPIs and as a key financial liaison. In addition, it will involve preparation (and some presentation) of key materials for Exec and Board, supplemented by analytical support for the business.

This is a high-profile role, partnering FP&A counterparts across the business, senior Finance Management and external auditors, to ensure an efficient, reliable and accurate process. It therefore represents an excellent opportunity for a strong individual to make an impact and build their profile.

Responsibilities

Cash Forecast Management:

  • End to end cash forecast process lead, delivering accurate short and long term cash flow outlooks for total group
  • Partnership with treasury team to support liquidity planning and strategic decision making
  • Liaison and collaboration with the cluster FDs on review of cash forecast
  • Business partnering with key functions to ensure delivery of improvements in DSO, DPO and inventory levels
  • Continuous improvement of key tools and systems, and evolve use of dashboards to deliver best in class insight for action
  • Strategic Plan & Annual Plan:

  • End to end strategic planning process lead, including long range financial planning and scenario modelling
  • Facilitation of cross functional workshops and partnering with key stakeholders to translate strategic goals into financial targets
  • Coordination and gatekeeper of the company’s annual budgeting process (annual plan), including cascade of operational targets to regional entities, consolidation of the key financial metrics and preparing the final presentations to senior stakeholders including Board
  • Controls/Other

  • Ensure compliance with appropriate control requirements, including SOX completion for designated areas
  • Ad hoc analysis and modelling particularly in support of the company’s refinancing, capital allocation, M&A benchmarking activities
  • Champion best practice across the wider FP&A network in the company and informal coach to junior team members in the team.
  • Qualifications

    Essential

  • A degree level candidate
  • Fully qualified (ACCA, ACA, CIMA, or equivalent
  • Experience with planning systems and reporting technology, including with business intelligence tools and developing data visualisations
  • Able to work under time pressure and able to manage multiple priorities
  • Excellent planning and organisational skills
  • Strong excel skills and a wider interest in systems
  • Ability to constructively challenge assumptions and thinking
  • Knowledge of commercial, financial and operational reporting
  • Consolidation and reporting experience on systems
  • Motivated self-starter – able to identify improvement ideas (challenge the status quo) and follow up on delivering these
  • Strong communication and written skills with the ability
  • The ability to communicate with people at all levels in both financial and non-financial management, distilling detailed information down into key clear messages
  • A persuasive manner and the ability to exert influence to drive impact across the function
  • Ability to build relationships across multiple user site
  • Desirable

  • SAP ECC (FI–CO) experience or similar
  • String analytical and forecasting abilities
  • Experience of modelling skills
  • Previous FMCG experience desirable
  • SOX or other control environment experience
  • BPC Experience Advantageous
  • FP&A Manager employer: Nomad Foods

    Nomad Foods is an exceptional employer, offering a dynamic work environment where your contributions are valued and recognised. With a commitment to employee growth, you will have the opportunity to develop your career across various finance and cross-functional areas while enjoying a competitive salary and an excellent bonus structure. Located in the UK, our inclusive culture fosters diversity, making it a rewarding place to work for those seeking meaningful employment in the frozen food industry.
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    Contact Detail:

    Nomad Foods Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land FP&A Manager

    ✨Tip Number 1

    Familiarise yourself with Nomad Foods' portfolio and financial performance. Understanding their key brands and market presence will help you tailor your discussions during interviews, showcasing your genuine interest in the company.

    ✨Tip Number 2

    Brush up on your knowledge of financial planning and analysis tools. Being well-versed in business intelligence tools and data visualisation techniques will demonstrate your technical capabilities and readiness for the role.

    ✨Tip Number 3

    Prepare to discuss your experience with KPIs and forecasting processes. Be ready to share specific examples of how you've improved financial reporting or streamlined processes in previous roles, as this aligns closely with the responsibilities of the FP&A Manager.

    ✨Tip Number 4

    Network with current or former employees of Nomad Foods if possible. Engaging with them can provide valuable insights into the company culture and expectations, which can be beneficial during your interview.

    We think you need these skills to ace FP&A Manager

    Financial Planning and Analysis
    Forecasting Techniques
    Reporting Standards
    Data Visualisation
    Business Intelligence Tools
    Key Performance Indicators (KPIs) Modelling
    Analytical Skills
    Attention to Detail
    Communication Skills
    Stakeholder Management
    Process Improvement
    Compliance Knowledge (Sarbanes-Oxley)
    Team Leadership
    Coaching and Development
    Technical Proficiency in Planning Systems

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience in financial planning, forecasting, and reporting. Use specific examples that demonstrate your ability to manage KPIs and collaborate with teams.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your qualifications (CIMA, ACA, or ACCA) and your technical skills in planning systems and reporting technology. Mention your experience with data visualization and how it aligns with the role.

    Highlight Leadership Experience: If you have experience in line management or coaching, be sure to include this in your application. Discuss how you've supported team members in their professional development, as this is a key aspect of the role.

    Showcase Continuous Improvement Initiatives: Provide examples of how you've driven improvements in forecasting systems or processes in previous roles. This will demonstrate your proactive approach and alignment with Nomad Foods' focus on continuous improvement.

    How to prepare for a job interview at Nomad Foods

    ✨Know Your Numbers

    As an FP&A Manager, you'll be expected to have a strong grasp of financial metrics and KPIs. Brush up on key financial concepts and be prepared to discuss how you've used data to drive decisions in your previous roles.

    ✨Showcase Your Analytical Skills

    This role involves a lot of analysis and forecasting. Be ready to share specific examples of how you've successfully modelled financial scenarios or improved forecasting processes in the past.

    ✨Prepare for Stakeholder Engagement

    Since this position involves presenting to senior stakeholders, practice articulating complex financial information clearly and concisely. Think about how you can tailor your communication style to different audiences.

    ✨Demonstrate Leadership Qualities

    You'll be managing an FP&A Graduate, so highlight your leadership experience. Discuss how you've mentored others, set objectives, and driven team performance in your previous roles.

    FP&A Manager
    Nomad Foods
    Location: Woking
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