About this role
<p><strong>Role Title: Manager- FP&A</strong></p> <p><strong>Location: Remote</strong></p> <p> </p> <p>Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.</p> <p> </p> <p>Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and speciality threads.</p> <p> </p> <p>With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.</p> <p> </p> <p><strong>Role Purpose</strong></p> <p>Supports Coats Group entities on FP&A to ensure Finance Business Partner & Managing Director is supported with requisite information. Support the LT members Apparel leadership team, COE function and with FP&A leads of all the respective units to ensure the entire gamut of FP&A works efficiently in driving business goals.</p> <p> </p> <p><strong>Principal Accountabilities and Key Activities</strong></p> <p> </p> <p><em>Monthly closing & reporting:</em></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Currently responsible for monthly closing of accounts of Coats Group units, BCS submission and reporting of consolidated results to FBP & MD, Group Finance & Divisional FP&A team.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Supporting to ensure number accuracy with insights and timelines are met (eg Sales Flash on WD1, Results Flash on BCS close day, Results pack on BCS close + 2 days, Forecast pack, etc).</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Respond to ad-hoc requests and queries related to FP&A from business/Group/other Divisions/units.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Review, evaluate and conduct iterative financial modelling requirements to provide insights.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Supporting on Controls, Capex monitoring, Cost allocations deep diving & variance analysis.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Co-ordinating and supporting various audits (Internal & external).</li> </ul> <p> </p> <p><em>Forecasts and plans:</em></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Structure and support the Strategic Plan, Annual Operating Plan and Forecast Processes.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Provide first line review of Coats Group entities performance and summarize and communicate key issues to management.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Consolidate plan, budget and forecasts for the Coats Group entities reporting to the FBP & MD by working closely with the Divisional FP&A in line with group initiatives</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Consolidate the completion of the forecasts in a timely and robust manner</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Develop a consistent budgeting and forecasting approach across all units.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Lead monthly direct cash flow forecast process.</li> </ul> <p> </p> <p><em>Deal economics:</em></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Guide on AMC pricing in case of change requests.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Work closely with Customer Success team for preservation and growth of annual recurring revenue.</li> </ul> <p> </p> <p><em>Prepare detailed analysis:</em></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Perform key financial analyses to ensure that key business decisions are aligned with Coats’s overall financial objectives, goals, and metrics.</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Provide, maintain and analyse trends on collection activity</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Work with clusters on updating actual cash flow per direct method and forecast vs actual analysis to drive forecasting accuracy</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Prepare monthly operation support pack to steer forecast vs actual discussion and forecasting improvement</li> </ul> <p> </p> <p><em>Performance improvement</em></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Create Detailed Business Reviews to understand and communicate the state of business</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Participates in FP&A meetings and workgroups to identify and implement efficiencies to improve performance.</li> </ul> <p> </p> <p><em>Team management:</em></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Conducts regular team meetings to communicate business and team performance</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Build strong working relationships with both Group and Cluster offices</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Coach and develop Cluster FP&A teams and ensure rollout of best practices tools and procedures across the region with a clear focus on ways to evaluate business performance and sustainability of business models</li> </ul> <p> </p> <p><strong>Education, Qualifications and Experience</strong></p> <p><em>Essential</em></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Chartered Accountant</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Minimum 5 years professional experience</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Analytical, logical thinking skills</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Well versed in complex excel setup & presentation skills, Adequate System knowledge (SAP), Power BI / tech tools</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Ability to drive transformational change</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">English proficiency</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Emotional intelligence</li> </ul> <p> </p> <p><em>Desirable</em></p> <ul> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Sense of urgency / speed</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Responsiveness</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Pro-activeness</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Communication, ability to challenge</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Collaboration</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Influencing</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Conflict management</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Stakeholder management</li> <li style="font-family:verdana, geneva, sans-serif;font-size:12.0pt">Build teams</li> </ul> <p> </p> <p>At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.</p> <p> </p> <p>Apply now to be part of our dynamic team and help shape the future of textiles</p>