FP&A Associate - FTC
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FP&A Associate - FTC

London Full-Time 28800 - 43200 ÂŁ / year (est.) No home office possible
Apply now
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At a Glance

  • Tasks: Support financial planning, forecasting, and reporting for various business units.
  • Company: Join Nomad Foods, Europe's largest frozen food company with iconic brands like Birds Eye and Goodfellas.
  • Benefits: Enjoy opportunities for career development, a collaborative culture, and potential remote work options.
  • Why this job: Be part of a dynamic team focused on excellence and continuous improvement in finance.
  • Qualifications: Bachelor's degree required; part-qualified in ACCA, ACA, or CIMA preferred with 1-2 years experience.
  • Other info: Contribute to innovative financial solutions and enhance data governance processes.

The predicted salary is between 28800 - 43200 ÂŁ per year.

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 FP&A Finance Associates are responsible for supporting annual planning, forecasting, reporting and analytics for our business units and central functions, including standard management reporting. The FP&A Finance Associates will be responsible for developing and implementing analytical standards for reporting and modelling KPIs and as a key financial liaison, partnering with the various departments across the business unit.

Responsibilities

  • Assist with completing the close of month end, including the involvement in the preparation of monthly data reporting packages that includes analysis of key KPIs and actual versus plan variances and the production of comprehensive explanations of differences as well as the impact of drivers on budget/forecast.
  • Involved in assimilating data from multiple systems and stakeholders to identify trends for key KPIs, actuals, budgets and forecasts.
  • Support the FP&A Manager and Senior Analyst with analysis and variances to prior periods, which includes developing recommendations for leadership and finance business partners (FBP).
  • Following guidance from their line manager, enhance data governance processes by improving the quality and integrity of data collected, analysis performed, and reports generated.
  • Involvement in running simulations of various “what-if” scenarios using insight and critical thinking to evaluate and recommend solutions.
  • Assist in developing forecasting models.
  • Collaborate with FP&A Manager and Senior Analyst to classify, quantify, and forecast by providing reliable, accurate, comparable, and timely information.
  • Maintain and produce standard quarterly performance analytics and reports for leadership with guidance from FP&A Manager and Senior Analyst.
  • Produce routine and ad hoc financial models to support leadership, FBPs and FP&A Group in decision making.
  • Facilitate standardisation and sharing of best practice across FP&A Centre of Excellence (CoE) team.
  • Contribute to continuous improvement of systems and processes.
  • Support automation and enterprise consolidation of data used in monthly, quarterly, and annual performance reports.
  • Ensure SOX control environment is maintained.

Qualifications

Essential

  • Bachelor’s degree in business administration, manufacturing or related field required.
  • Part qualified (ACCA, ACA, CIMA, or equivalent).
  • Minimum 1-2 years of relevant experience in production planning, forecasting, reporting for manufacturing related fields.
  • Experience with planning systems and reporting technology.
  • Experience with business intelligence tools and developing data visualisations.
  • Excellent communication and written skills with the ability to engage people at all levels both internally and externally.
  • Ability to constructively challenge assumptions and thinking.
  • Impactful report writing and presentation skills.

Desirable

  • Previous Finance experience within an FMCG business.
  • Manufacturing Experience.
  • Very strong analytical and forecasting abilities.
  • Strong modelling and solid database skills required.

FP&A Associate - FTC employer: Nomad Foods Inc

At Nomad Foods, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Shared Finance Centre. Employees benefit from comprehensive career development opportunities, competitive remuneration, and the chance to work with leading brands in the frozen food industry. Located in a vibrant market, our FP&A Associates play a crucial role in driving business success while enjoying a supportive environment that values excellence and continuous improvement.
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Contact Detail:

Nomad Foods Inc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land FP&A Associate - FTC

✨Tip Number 1

Familiarise yourself with Nomad Foods' brands and their market presence. Understanding the company's portfolio, like Birds Eye and Goodfellas Pizza, will help you demonstrate your knowledge during interviews and show your genuine interest in the role.

✨Tip Number 2

Brush up on your financial modelling skills, especially in relation to forecasting and variance analysis. Being able to discuss specific techniques or tools you've used in past roles can set you apart from other candidates.

✨Tip Number 3

Network with current or former employees of Nomad Foods on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during your application process.

✨Tip Number 4

Prepare to discuss how you can contribute to continuous improvement within the FP&A team. Think of examples from your previous experience where you've successfully implemented changes that enhanced processes or data governance.

We think you need these skills to ace FP&A Associate - FTC

Financial Analysis
Forecasting Skills
Data Reporting
Key Performance Indicators (KPIs)
Variance Analysis
Data Governance
Business Intelligence Tools
Data Visualisation
Communication Skills
Report Writing
Presentation Skills
Analytical Skills
Problem-Solving Skills
Collaboration Skills
Continuous Improvement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial planning, analysis, and reporting. Emphasise any specific skills related to forecasting models and data governance processes that align with the responsibilities outlined in the job description.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Nomad Foods. Mention how your background in finance and your analytical skills can contribute to their Shared Finance Centre's goals. Be sure to include examples of past experiences that demonstrate your ability to support decision-making through data analysis.

Highlight Relevant Qualifications: Clearly state your educational background, especially if you hold a degree in business administration or a related field. If you are part-qualified (ACCA, ACA, CIMA), mention this prominently, as it is an essential requirement for the position.

Showcase Communication Skills: Since excellent communication skills are crucial for this role, provide examples in your application of how you've effectively engaged with stakeholders at various levels. This could include instances where you presented financial reports or collaborated with different departments to achieve common goals.

How to prepare for a job interview at Nomad Foods Inc

✨Know Your Numbers

As an FP&A Associate, you'll be dealing with financial data daily. Brush up on your understanding of key performance indicators (KPIs) and be ready to discuss how you've used data analysis in previous roles. Be prepared to explain how you would approach variance analysis and forecasting.

✨Showcase Your Analytical Skills

Demonstrate your analytical prowess by discussing specific examples where you've identified trends or insights from data. Prepare to talk about any forecasting models you've developed and how they impacted decision-making in your past roles.

✨Familiarise Yourself with the Company

Research Nomad Foods and its portfolio of brands. Understand their market position and recent acquisitions. This knowledge will help you tailor your responses and show your genuine interest in the company during the interview.

✨Prepare for Scenario Questions

Expect to face 'what-if' scenario questions that assess your critical thinking and problem-solving skills. Practice articulating your thought process clearly, as this will demonstrate your ability to evaluate situations and recommend solutions effectively.

FP&A Associate - FTC
Nomad Foods Inc
Apply now
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