Financial Planning & Analysis Manager

  • Type: Full Time
  • Location: Reigate, Surrey
  • Posted: 27 days ago

Background

Hyundai Capital UK Ltd (HCUK) is a joint venture company established by Santander Consumer UK (‘SCUK’) and Hyundai Capital Services Korea (‘HCS’) in 2012. It operates under the Hyundai Finance, Kia Finance and Genesis Finance brands, providing funding solutions for both Retailers and Consumers.

Job Purpose

The key purpose of the role is to support the Head of FP&A and manage the team in all relevant areas within FP&A. The role will also be required to support colleagues in the Korean HCS offices. This includes (but is not limited to): analysing the monthly financial performance, production of the monthly forecast, monitoring and aiding in internal cost control, assisting with various business plans (including the three-year plan and budget), assisting with the annual statutory accounting close. The FP&A team is responsible for the analysis of financial results, production of forward-looking plans and cost control to help the company achieve its objectives and requires collaboration with all areas of the business.

Key Accountabilities

1. General Strategic & Policy Development

Under the guidance of the Head of FP&A, lead on planning & developing HCUK’s Finance-related strategy with specific focus on:

  • Oversee the FP&A team in reviewing the month-end financial results, challenging these as needed and providing analysis on the company’s performance.
  • Oversee the team in delivering the monthly forecast: challenging and analysing system outputs.
  • Assist with the development of annual business plans (3-year plan, budget, etc).
  • Assist and coordinate development of department plans, ensuring alignment with the overall finance strategy.
  • Assist and coordinate the development of finance policies and procedures.
  • Actively identify, investigate, and implement new approaches and techniques to report and reflect the direction of the company.
  • Direct management of the FP&A team.

2. Control Business Area

Manage, monitor and report on internal control with respect to:

  • Management accounting: budgeting, monthly closing, reporting, cost management and manging procurement process.

3. Technical

Provide robust planning and forecasting which includes:

  • Direct, monitor and review the technical activities of the functional area, including understanding policy requirements, assessment of implications and guidance to employees and executive management on their application.
  • Assist with the year-end statutory account close as required.
  • Assist and coordinate the development of new standards, systems and processes, which will improve the services provided to the company and ensure compliance with new and changing legislative and regulatory requirements.
  • Provide technical advice to the finance leadership team in relation to FP&A.
  • Provide technical advice and input to wider departments to support strategic initiatives and tactical / operational actions across HCUK.

4. Continuous Improvement

  • Continually evaluate the effectiveness of the FP&A area and seek to improve, investigate, research, recommend and implement new approaches and techniques, keeping abreast of changing environments, ensuring industry best practice applied.
  • Create and evaluate new alternatives to drive effectiveness and productivity of the function.

5. Reporting

Take responsibility on all aspects of management financial reporting:

  • Performance report / Key index.
  • HMC group / Santander report.
  • Input into HCUK / Santander Consumer UK (SCUK) Board papers.
  • Coordinate and prepare regular MBR reporting.
  • Detail analysis report requested from management and the finance leadership.
  • Other ad-hoc reports requested from the Company or shareholders.

6. Committee

  • Provide support to the Head of FP&A and other senior management to manage financial matters properly through EFC and ALCO.
  • Assist in discussions on HCUK’s financial performance with key internal (HCUK SMT) and external (SCUK SMT / Hyundai Capital Services) stakeholders.

7. People Development

  • Accountable for setting high-level objectives for direct reports and effectively manage their performance.
  • Ensure direct reports are adequately trained and supported to carry out their roles effectively.
  • Encourage learning and development and create opportunities for personal / professional development.

8. Risk & Compliance

  • In line with the company’s risk and compliance statement of responsibility and objectives: identify and assess risks, incidents and breaches.
  • Identify opportunities and provide suggestions within area of influence and promote awareness across your team. Ensure related actions are progressed within agreed timescales.

9. Other

  • Carry out any other tasks from time to time as may reasonably be requested.

Key Competencies

- Planning

Must be capable of inputting into robust and coherent high-level (strategic) plans and complex reports, as well as detailed learning and development plans.

- Communication

Must possess good written and verbal communication skills and be able to effectively communicate with, and present to, both internal and external stakeholders across all business levels. Ability to represent department/ deputise in high-level meetings, with the ability to communicate effectively and influence senior management.

- Teamwork

Must be an excellent team player, able to establish strong working relationships with stakeholders, colleagues and business partners.

- Time Management

Must display sound time management skills by delivering activity within prescribed timeframes through the effective prioritisation of actions across multiple projects and on-going programmes. Ability to manage multiple, conflicting interests and deadlines.

- Influencing and negotiating skills

Must be able to engage with internal and external stakeholders in order to reach mutually beneficial business outcomes.

Required Experience

Given the scope of this position within an FCA regulated environment, it is essential that the job holder has the following experience:

  • A demonstrated history of being able to learn in unfamiliar situations (e.g. a new company or industry), along with the ability to drive one’s own learning via proactive engagement with the business.
  • A high-level of professional knowledge of FP&A activities, along with the ability to develop an understanding of the broader business.
  • Considerable experience of people management, including performance management and application of HR policies. Ability to coach and mentor other senior finance professionals.
  • Experience working within a Financial Services organisation (lending, banking, insurance, etc).
  • Ability to have a significant input into discussions at a senior management level and cross-functionally - a wide variety of experience is essential.
  • Experience of developing and maintaining effective relationships with Executives and Senior Managers, within and outside Finance, through personal credibility and delivery of results.
  • Involvement in the development of policies, procedures and standards of the department and the business over a long horizon.
  • Ability to think conceptually, creatively and without precedents in order to continually develop functional area.
  • Ability to interpret and evaluate information and make authoritative recommendations.

Education

  • Due to the numerate nature of the role a relevant qualification is essential – Accountancy (CIMA, ACCA, ACA, etc), statistical qualification, ACCII, Tax or equivalent.

Other Information

  • HCUK employees are currently hybrid working (mixture of home / office). The role will be based at HCUK’s head office in Reigate, Surrey.
  • The position may require international as well as domestic travel from time to time.
  • The ability to speak Korean is beneficial.

Remuneration Package

  • Competitive basic salary, in line with experience.
  • Eligibility for annual bonus (up to 15%), based on both company and individual performance.
  • Annual cash car allowance of £6,000.
  • 30 days holiday per annum, plus bank holidays, and the option to take part in flexible holiday scheme.
  • Company pension scheme, with generous employer contributions.
  • Company sponsored individual private medical healthcare insurance.
  • Benefits supporting you and the family, such as private medical insurance, death in service benefit and income protection.
  • Voluntary healthcare benefits at discounted rates such as private medical insurance for family, dental insurance, health care cash plan and health assessments.
  • Employee car scheme (through salary deductions).
  • Employee assistance programme.
  • Enhanced family-friendly policies.
  • Flexible working opportunities.
 

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