At a Glance
- Tasks: Support financial planning and analysis in a dynamic design and manufacturing environment.
- Company: Join TECNIQ, a creative and tech-driven leader in automotive design and engineering.
- Benefits: Earn up to £45,000, enjoy 20 days holiday, life insurance, and free parking.
- Other info: Flexible role with opportunities for growth in a collaborative team.
- Why this job: Make a real impact on high-value automotive projects with top brands like Mercedes-AMG and McLaren.
- Qualifications: 3-7 years in financial analysis, preferably in manufacturing; BI tool experience is a plus.
The predicted salary is between 45000 - 45000 £ per year.
The Finance Business Analyst is responsible for supporting financial planning, analysis, reporting, and business decision‐making within a design, development and manufacturing environment. This role works closely with finance, project management, engineering, operations, production and procurement to provide financial insights, cost analysis, budgeting support, and performance monitoring to improve profitability and operational efficiency.
Prepare annual budgets, forecasts, and long‐term financial plans.
- Conduct variance analysis (budget vs. actuals) and provide actionable insights.
- Support monthly, quarterly, and annual financial reporting.
- Assist in cash flow forecasting and working capital management.
Manufacturing & Cost Analysis
- Analyse production costs, material usage, labour efficiency, and overhead allocation.
- Monitor standard costs and investigate variances.
- Support inventory valuation and cost control initiatives.
- Evaluate cost‐saving opportunities and process improvements.
Business Performance Monitoring
- Maintain regular KPI across the business.
- Support programme reporting and profitability.
- Prepare dashboards and management reports.
- Provide financial modelling for new projects, capital investments, and capacity / sourcing decisions.
Data Analysis & Systems
- Ensure data integrity and improve financial reporting processes.
- Automate reports and enhance financial tools using Excel or BI software.
Cross‐Functional Collaboration
- Partner with operations and supply chain teams to improve cost efficiency.
- Support procurement with supplier cost analysis.
- Work with programmes teams on margin analysis and project bids.
- Provide ad‐hoc analysis to management as required.
Skills & Experience Required
- 3–7 years of experience in financial analysis, preferably in manufacturing.
- Experience with BI tools (e.g., Power BI, Tableau) is an advantage.
Soft Skills
- Strong analytical and problem‐solving skills.
- Ability to communicate financial information to non‐finance stakeholders.
- Detail‐oriented with strong organisational skills.
- Ability to work independently and in cross‐functional teams.
- The role requires a flexible approach, with the ability to adapt to business needs.
Salary: Up to £45,000 per annum
Hours: Mon – Fri, 08:00 – 16:30
Location: Witham, Essex
Finance & Business Analyst in Witham employer: TECNIQ
TECNIQ is an exceptional employer that fosters a dynamic and innovative work culture, where creativity meets technology in the design and manufacturing sector. Employees benefit from a collaborative environment, opportunities for professional growth, and a competitive salary package, including life insurance and generous holiday allowances. Located in Witham, Essex, TECNIQ offers a unique chance to work on prestigious automotive projects, enhancing both personal and professional development while contributing to high-value programmes.
StudySmarter Expert Advice🤫
We think this is how you could land Finance & Business Analyst in Witham
✨Tip Number 1
Network like a pro! Reach out to people in the finance and manufacturing sectors, especially those who work at TECNIQ. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies that highlight your financial analysis and reporting prowess. This is your chance to demonstrate how you can add value to TECNIQ.
✨Tip Number 3
Be proactive! Don’t wait for job openings to pop up. Send a message through our website expressing your interest in the Finance & Business Analyst role. We love seeing enthusiasm!
✨Tip Number 4
Prepare for interviews by brushing up on your knowledge of BI tools and financial modelling. Be ready to discuss how you can help improve profitability and operational efficiency at TECNIQ.
We think you need these skills to ace Finance & Business Analyst in Witham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Finance & Business Analyst role. Highlight your experience in financial analysis, especially in manufacturing, and showcase any relevant skills with BI tools like Power BI or Tableau.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for TECNIQ. Mention specific projects or experiences that align with the responsibilities listed in the job description.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, include examples of how you've used data to drive business decisions. Whether it's through variance analysis or cost-saving initiatives, let us see your problem-solving prowess!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're keen on joining our team at TECNIQ!
How to prepare for a job interview at TECNIQ
✨Know Your Numbers
Before the interview, brush up on key financial metrics and concepts relevant to the role. Be prepared to discuss how you’ve used financial analysis in past roles, especially in manufacturing settings. This will show that you understand the financial landscape TECNIQ operates in.
✨Showcase Your Analytical Skills
Prepare examples of how you've tackled complex data analysis or cost-saving initiatives in previous positions. Highlight your experience with BI tools like Power BI or Tableau, as this is a big plus for the role. Being able to demonstrate your analytical prowess will set you apart.
✨Communicate Clearly
Since you'll be working with non-finance stakeholders, practice explaining financial concepts in simple terms. Think of examples where you successfully communicated complex information to different teams. This will showcase your ability to collaborate effectively across functions.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific financial scenarios, such as variance analysis or cash flow forecasting. Prepare by thinking through potential challenges and your approach to solving them. This will demonstrate your problem-solving skills and adaptability.
