Title: Cash & Working Capital Business Analyst
Hours: 37.5 per week
Location: Grangemouth HQ, O&P UK
Salary: Dependent on skills, qualifications and experience
Contract type: Permanent
ABOUT US
Are you in?
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.
INEOS O&P UK Grangemouth is a petrochemicals centre of excellence. We are the largest manufacturing site in Scotland. 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.
Our aim, as always, is to find new, improved ways of doing things. Whether that’s through improving the energy efficiency of our plants, developing new ways of working or delivering on our net zero promises, we like to push boundaries and overcome challenges.
If you share our vision for a sustainable future; if you possess the skills and competencies to help deliver our net zero road map; if you want to play your part in the remarkable next step in the UK petrochemical sector, we’d like to hear from you.
ABOUT OUR OPPORTUNITY
The Cash & Working Capital Business Analyst will lead, own, develop and improve the 13 week cash forecast and working capital reporting processes for O&P UK, GCHPL and GECO. This role will also provide insightful business analysis to improve understanding in these areas.
Key Accountabilities
Cash Forecasting
Lead the 13 week cash forecasting process for O&P UK and identify opportunities to improve the process and increase understanding of the forecast. Provide high quality analysis to explain deviations to forecast and utilize learnings to improve forecast accuracy. Work with commercial, operations and treasury colleagues to ensure the forecast is aligned with the latest view of results.
Cash Reporting and Analysis
Prepare the monthly cash flow report and supporting analysis to ensure results have been clearly analysed and explained. Provide insightful commentary to help the Assistant Business Controller explain to the Board the main drivers of cash flow in the business.
Support initiatives to review the way in which cash flow is reported, simplify the cash reporting and promote its clarity and use in the business.
Working Capital Forecasting
Prepare a rolling 3 month working capital forecast for O&P UK and identify opportunities to improve the process and increase understanding of the forecast. Link the 3 month rolling forecast to the live cash forecast to ensure the forecast is aligned with the latest view of results.
Working Capital Reporting and Analysis
Develop a suite of KPI reports to provide Business Managers with the latest view of results for their respective areas. Work with the Assistant Business Controller and the Business Managers to identify opportunities to improve the quality of reports.
Consolidation and Insurance
Specific task delegation from the assistant business controller around:
- The OPUK consolidation model. Ownership of the OPUK consolidation model including rolling forwarding the model after every month-end, ensuring the model balances, ensure P&L and cashflow actuals are reported correctly for EXCO reporting.
- Create, populate and submit the annual insurance questionnaire into group ensuring the site is adequately insured.
ABOUT YOU
Required:
- Part-qualified accountant with 2-3 years’ experience or qualified by experience
- Exposure to treasury processes, cash forecasting and analysis
- Experience in an international company
- Strong Microsoft Excel skills
- Analytical mindset and problem solving approach
- Ability to work productively when under pressure, meet tight deadlines and multi-task
- Good interpersonal, communication and people management skills
- Ability to present and defend an argument in a logical way
- Strive for continuous improvement
- Energetic, enthusiastic, self-motivated and results oriented personality
- Lead by example and take responsibility for own performance
Desired:
- Understanding of INEOS O&P UK business
- SAP and Qlikview knowledge
WHAT WE OFFER
- 34 days holiday (optional salary sacrifice to purchase up to 5 extra days)
- Benefits Platform – access to discounts on high street stores etc., Discounted Private Medical Insurance, Travel Insurance etc.
- Up to 20% Discretionary Bonus Opportunity
- Scottish Widows Contributory Pension including employer contributions
- Free On-site Gym
- Employee Assistance Programme
- Enhanced Maternity Leave
- Salary Sacrifice Car and Cycle to Work Scheme
- Ongoing Career Development
HOW TO APPLY
Application Process
Interested candidates should submit their CV via our website.
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. For some roles the recruitment process may also include technical testing, behaviour questionnaires and/ or a delivering a presentation.
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. Some roles may also require a criminality check.
ADDITIONAL INFORMATION
As an equal opportunity employer, we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during application, assessment and on-boarding stages. If you would like to discuss any adjustments you may require throughout the recruitment and selection process please contact opportunities.uk@ineos.com.