Finance Analyst - CDL : Job Details

We are seeking a detail-oriented, self-motivated analytical Finance Analyst to join our finance team. The ideal candidate will have a strong background in financial analysis, be commercially minded, have excellent Excel skills, and the ability to work collaboratively across departments.

The role will include standard FP&A functions such as budgeting, forecasting, long term forecasting, scenario planning, and ad-hoc analysis. The key area that we want the role to expand into is product costing.

To conduct activities within the team, the candidate needs to gain a solid understanding of how CDL operates, so stakeholder management experience is a must. This person needs to have a strong financial acumen to understand costing principles and analytical approaches coupled with the ability to build relationships within the organisation. This requires a self-motivated individual.

CDL hosts all products on AWS and integrates a variety of third-party solutions, creating a complex environment. Therefore, experience in the software industry or an understanding of AWS hosting principles is desirable. At the very least, the candidate should demonstrate a strong eagerness to learn and a proven ability to quickly grasp new concepts.

About CDL

CDL is one of the UK’s leading software development houses, employing over 600 people at its campus in Stockport. It has a consistent history in the high-volume retail insurance sector. CDL has spearheaded developments in the aggregator, web and telematics space, including connected home, enrichment and self-service solutions. As a result, the company’s robust and innovative technologies have enabled its customers to thrive in the highly competitive UK insurance marketplace.

In a nutshell, we are the market-leading software house in our industry, creating the software, websites, and apps for the Insurance & Finance sector across the UK. If you were to go on a price comparison website, approximately 65% of the companies on there are our clients!

Key Responsibilities

Financial Planning, Forecasting and Support

• Continuous Forecasting and review
• Obtain, collate and verify information monthly for inclusion in Board packs.
• Prepare Annual Budgets and responsible for timely and accurate submission of budgets whilst liaising with budget holders to ensure accuracy.
• Development and monthly completion of Rolling Profit Forecasts/long term forecast reporting.
• Review and re-assess Design Drivers within the Budgeting and Forecasting processes.
• Long-term Strategic Planning & Support.

Cost Analysis

• Reviewing Costs & allocating costs to each product
• Stakeholder relationship experience and management
• Ensuring allocations basis used to allocate Group costs are fully understood, documented and are agreed as an appropriate driver of cross divisional allocations of Group costs.
• Reviewing the current allocation recharging model and help shape new cost allocation principles and basis for the Group cost base.
• Review cost forecasts and assumptions and identify key risks and cost efficiency opportunities and lead execution with budget holders.

Data Analysis

• Analyse financial data to identify trends, variances & areas for improvement.
• Provide actionable insights to management.

Value Chain Analysis

•  Review new opportunity financial proposals (commercial deals) to ensure accuracy and profitability.
• Company-wide analytical work including Segmental Value Chain Analysis to ensure profitability by segments within the business.
• Evaluate Client and Product Profitability.
• Evaluate Capital Expenditure via Retrospectives or Capital Investment Appraisals
• Analyse financial data and create Financial Models.
• Completion of Scenario Planning for decision support/identify risk
• Completion of Margin Analysis for decision support/corrective actions.

Skills Knowledge and Expertise

• ACCA/CIMA/ACA Qualified or final stages of qualifying.
• Business partnering experience with the ability to communicate effectively at all levels of the organization.
• Proactive ability to identify issues and opportunities and take initiative to address them.
• Understanding of business operations and the ability to link financial performance to business strategy.
• Flexibility to adapt to changing priorities and deadlines.
• 3-5 years of experience in financial analysis, knowledge within the software or technology industry is a must.
• AWS product knowledge is desirable
• Proven experience in budgeting, forecasting, financial modelling & cost analysis.

Benefits

• Hybrid Working (2 Days a Week in the office - SK4 2HD)
• Truly flexible working.
• 25 days holiday to start, increasing by 1 day per 1 year of service up to 30 days.
• Top employer for 8th year running
• Excellent training and development platform
• Opportunities for career progression
• Health and Wellbeing programme
• Virtual activities, lunch and learns, coffee mornings and meetups.
• Life and health assurance
• Electric Vehicle Scheme
• Established Recognition Award System
• Great Parental Benefits
• Diversity and Inclusion network
• Pension scheme
• Community projects and volunteer days
• Refer a friend bonus