SG&A Financial Analyst

JOB PURPOSE:

• Glencore’s FP&A team sits within the Oil Division Accounting Department and is responsible for budgeting, reporting and analysis in relation to our corporate activities – specifically overheads. With a global presence and activities across multiple projects, the cost control and analysis thereon is both a complex and important role within the division.
• Reporting to the Head of FP&A in London and Melrose Oil Finance Manager, the team require a Financial Analyst to enhance the reporting processes through improved automation and provide insightful, data-driven analysis on corporate overhead activities across global locations and functional levels. This role will deliver critical insights to senior stakeholders, including the Head of Oil, Oil CFO, and cost centre department heads.

Key Responsibilities:

Financial control and reporting of overheads:

• Monthly and quarterly overheads & headcount reports to CFO with ancillary cost center reporting to department heads, [AF1.1] with meaningful variance analysis between YTD actuals comparative to prior year and budget.
• Managing a complex data model of cost-centers and cost center to profit center hierarchies to support effective reporting.
• Building data models to deliver fast and effective reporting and building database of trends and distinguishing between recurring and non-recurring spend.
• Analysing pre-month end overhead movements for anomalies, following up for rectification and or understanding ahead of cost allocation cycles.
• Preparing and posting manual overhead reclassifications.
• Checking and documenting the monthly cost allocation to statistical keys uploaded in SAP.
• Identify and exploit opportunities for process improvements to streamline reporting and aid analytics

Annual budgeting and reforecasting for global Oil overheads:

• Reviewing and challenging inputs from global Oil locations and teams (London, New York, Singapore and field office locations)
• Business partnering with various London departments (Department Heads and Trading Desk Heads) on key overhead inputs into the budget and reforecast
• Ad-hoc what-if analysis relating to business needs and changes; general requests and projects as required.

Key stakeholders

• Oil CFO
• Oil Chief Accountant
• Department Heads
• Other Regional Heads
• Group accounting team in Switzerland.

QUALIFICATIONS

• Accounting/Business Partnering professional with a recognised accounting qualification (ACA, CIMA or ACCA).

EXPERIENCE

• Minimum of two years' post-qualification experience.
• Strong knowledge of SAP Cost center management and cost allocation cycles.
• Experience of Workiva, SAP, Analysis for Office would all be an advantage.
• Strong knowledge of building reports and data models working with complex data hierarchies.
• Strong Excel knowledge, able to use and understand complex Excel models and logic flow.
• A methodical approach coupled with the ability to evaluate and interpret data from a variety of sources is essential.
• Ability to operate at both macro and micro levels of details
• Strong interpersonal skills. Confident and articulate in communicating with senior stakeholders, non-finance professionals and global teams
• A self-starter, able to work without close supervision
• Flexible, should be able to multitask and efficiently prioritise tasks in response to demands and pressures from various stakeholders