TRAINEE FINANCE ANALYST
Title: Trainee Finance Analyst
Hours: 37.5 per week
Location: Grangemouth HQ
Salary: Competitive
Contract type: Permanent
A truly global company, INEOS comprises of 36 businesses with 194 sites in 29 countries throughout the world. We also encompass a range of consumer brands and sports interests.
We pride ourselves in offering a working environment that is friendly and welcoming, that offers employees true autonomy and empowerment and that enables everyone to achieve their goals and to have a fulfilling professional career with us.
INEOS Grangemouth is an integrated refinery and petrochemicals centre of excellence. We are the largest manufacturing site in Scotland. Click here to find out more Grangemouth | INEOS
The Trainee Finance Analyst will deliver accurate and timely reports, budgets and forecasts across key areas of INEOS O&P UK’s management accounts to aid the Board in delivering the annual financial objectives of the company.
Key accountabilities
- Produce high quality, relevant management reporting information and KPIs for the Supply Chain function to explain the results to the Logistics Manager to support in making correct business decisions.
- Provide high quality business analysis to alert senior managers to potential deviations from strategic financial objectives and work with them to ensure corrective action is taken.
- Lead the annual planning and budgeting process for the Supply Chain function to ensure the production of an accurate annual plan that has been clearly explained and analysed.
- Translate the annual plan and budget into financial and non-financial targets to ensure that the plan can be monitored at all levels.
- Responsibility for setup, maintenance and close out of IFRS 16 lease contracts, liaising with the Process Control and Technical Accounting team to ensure correct application of the accounting standard.
- Review and challenge the forecast inputs provided by functional managers to ensure the accuracy and integrity of the forecast.
Special features
We are offering a development role to an individual who is keen to study towards (or is currently working towards) their CIMA or ACCA qualification.
This role will work closely with the Assistant Business Controller, providing support with ad-hoc queries to deliver timely and relevant financial and commercial analysis.
You may also experience periods of inconvenience at month-end, year-end and budget planning time to meet deadlines.
- Be educated to HND level in a Finance, Accountancy or Business related discipline with some experience of working in a finance function.
- Have knowledge of accounting control procedures.
- Be an expert in the use of Microsoft Excel.
- Be proficient in the use of Microsoft PowerPoint and Word.
- Be able to work productively when under pressure, meeting tight deadlines and multi-tasking.
- Have good interpersonal, communication and people management skills.
- Have working knowledge of UK GAAP and IFRS.
- Have working knowledge of SAP and Qlikview.
- 34 days holiday
- Benefits Platform – access to discounts on high street stores etc. Discounted PMI, Travel Insurance etc.
- Up to 20% Discretionary Bonus Opportunity
- Scottish Widows Contributory Pension including employer contributions
- Free On-site Gym & Classes
- Employee Assistance Programme
- Enhanced maternity leave
- Salary Sacrifice Car and Cycle to Work Scheme
- Ongoing Career Development
Application Process
Interested candidates should submit their CV via ineosopportunities.co.uk
Pre-screen (If applicable)
Applicants with a successful CV may be invited to an online MS Teams or telephone call to further discuss the role, the organisation and your suitability.
Formal Interview
Successful applicants will then be invited to interview which will consist of behavioural and technical questions.
Provisional Offer
If you are selected as the preferred candidate you will receive a provisional offer which will be subject to a medical assessment and reference checks.
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