Twinings
Finance Business Analyst
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Application Deadline: 20 February 2023
Department: Finance
Location: Andover
Description
Great People Work Here
Are you searching for a career with bags of variety, in an environment that celebrates differences and empowers collaboration, which values individuals and will encourage you to make an impact? Do you want the freedom to explore, and the opportunities to find new ways and to innovate? If so, TwiningsOvo delivers.
We’re looking for people who don’t just come here to get the job done, but who have a real passion for the brand and a desire to do the best job they can. In return, we offer an inspiring package of employee benefits - to show just how much we value you. This role will offer you the scope for growth and the tools to aim high.
Purpose
The Finance Business Analyst plays a critical role in delivering finance business partnering to our IT department (Biztech) and taking responsibility for both financial control and reporting of a Business Transformation Program (“Optimus”), as well as providing support on “business as usual” expenditure. They will be the key point of contact in Finance for the General Manager for Business Transformation and Technology, ensuring that the costs of the project are thoroughly understood and monitored from both a revenue and capital expenditure perspective and are classified in the Financial Statements in accordance with IFRS (cloud computing costs). They have specific responsibility for the preparation and filing of the annual PAYE settlement agreement and production of monthly management accounts for HQ along with associated budgets and forecasts.
Key Responsibilities
Optimus:
- Responsibility for reviewing postings and calculating accruals.
- Production of monthly dashboards together with clear variance explanations.
- Responsibility for preparing project forecasts and budgets and for delivery to senior stakeholders.
- Attendance and active participation in Steering Committee Meetings and monthly meetings with the PWC IPA team.
- Continuous consideration/assessment and communication of business case in conjunction with key stakeholders.
- Tracking and quantifying project benefits.
- Consideration of the impact of the project on the Group’s current transfer pricing model for service charges and appropriate enhancement in conjunction with the ABF International tax department.
- Support senior stakeholders in setting targets for Global Process Owners to manage the cost of their teams.
- Support senior stakeholders in deciding and defining SAP Application Management Services (AMS).
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Biztech business Partnering:
- Working closely with the General Manager – Business Transformation and Technology, Director of Technology and other colleagues within the Biztech team, responsibility for monitoring, control and reporting of overhead costs for 2 Biztech cost centres.
R Twining and Company Limited Employment tax ownership:
- Calculation of the annual PSA return with specific responsibility for:
- Review of travel, subsistence, entertaining and accommodation expenses to ensure gross up and payment of tax where costs incurred are not wholly and exclusively for business purposes.
- Assessment of staff entertaining costs and application of the annual function exemption.
- Assessment of Medical and dental expenses.
- Assessment of relocation costs (and monitoring of annual exemptions for qualifying costs).
- Assessment of gifts/incentives/recognition awards and application of the trivial benefit exemption.
- Assessment of professional subscriptions.
- Assessment of tax return preparation benefits.
- Review of commuting costs and the company’s practice reference the establishment of permanent workplaces.
- Completion of annual SAO questionnaire for Employment tax and implementation of associated actions.
HQ overheads reporting:
- Responsibility for budgeting/forecasting and reporting HQ overheads:
- Preparation of deck for Finance budget review and supporting Senior Managers in delivering.
- Consolidation of HQ overheads across all departments for review by Senior Management.
- Explanation of all key variances forecast to forecast and actual vs budgets and forecasts.
- Reporting and reconciling HQ forecast/budgets in PAL (overhead cube and profit and loss account).
- Responsibility for Actual HQ overhead reporting:
- Reporting and reconciling HQ Actuals in PAL (overhead cube and profit and loss account).
- Compilation and distribution of reports to senior management.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
General:
- Participation in the preparation and distribution of the monthly financial results podcast.
- Support role in the Capital Expenditure process. Focal point for the SharePoint site for CAPEX approvals; review and monitor the progress of CEFs through the approval process.
- Provision of cover for members of the Group reporting team, working with Group Analysts in driving and progressing the Business’s project agenda and with the provision of general accounting support.
- Responsibility for supply of solution to ABF for inter-company imbalances.
- Approvals in the Vendor on-boarding process to ensure SOD compliance.
Skills Knowledge and Expertise
- Qualified Accountant – ACA/ACCA/CIMA.
- Practice background & FMCG sector experience an advantage.
- Good technical accounting knowledge and employment tax knowledge an advantage.
- SAP knowledge (or ERP system) an advantage.
- Advanced Excel.
- Ambitious and enjoys learning and progressing.
- Excellent interpersonal skills and resilience when dealing with different stakeholders.
- Analytically minded.
- Good interpersonal and communication skills.
- Attention to detail.
- Self-motivated with the ability/desire to take responsibility and ownership.
- Flexible approach.
- Integrity.
- Strong Organisational skills
Benefits
- Yearly bonus based on personal contribution and financial performance
- Flexible working options
- 25 days holiday plus 8 bank holidays and the option to buy and sell holidays
- Onsite Gym and Wellbeing Centre
- Perkbox – employee discount scheme with discounts online, in high street stores, cinema, holidays, restaurants and many more
- Pension scheme with your contributions matched for up to 10% of your salary
- Cycle to work scheme
- SimplyHealth Cash plan
- Onsite Staff shop and online staff discounts
- Bupa Private Medical Insurance
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Location