Financial Business Analyst

Job description

Overview

This postholder will be a member of the EMEA Finance team. They will be responsible for providing analytics to the EMEA Chemistry team. They will be expected to present information clearly, accurately and in a meaningful way offering insights to support profitable growth. They will work closely with the other European business partners, Key business stakeholder, Finance teams and Cross-Functional project teams.

The post holder will be expected to commit to Waters vision that decisions and actions are guided by two simple words - Deliver Benefit. We should positively impact our customers, employees, shareholders, and society at every opportunity.

To succeed in this position, you will need to demonstrate organizational skills, adaptability, proactivity, and a sense of service. You have a winning mindset and don't hesitate to change the status quo.

Responsibilities

Business performance analysis

• Review and analyse historical, planned, and current financial data to understand the business and identify the main drivers to assist management in decision making process.
• Performance analysis (sales, cos, and margins) at the required level to monitor trends.
• Implement variance analysis, for sales and margins to highlight the key factors affecting the growth and performance
• Build and maintain dashboard to track performance against KPIs.
• Seize opportunities to improve trade margins through cost of sales analysis.
• Focus on expense analysis (variable and fixed) to drive contribution margins.
• Support pricing analysis and discount monitoring and liaise with EMEA Pricing Specialist on day-to-day activity and annual pricing reviews.
• Track Sales, Units, Cost and Margins current data to alert the European business partners in case of deviation and work together on recommendations for improving the business operations.
• Assess evolving business ideas with EMEA business partners to provide priorities for maximum ROI and added value.
• Manage sales incentive plans, provide analysis to determine parameters. Calculate quarterly results providing details for payment to accounting and payroll.

Business planning

• Provide detailed explanations for Revenue, COS and Margins as part of monthly reporting.
• Monitor and resolve system inconsistencies.
• Participate with analytical support to EMEA Finance Leadership team or Global Finance teams on various projects.
• Support monthly forecasting working to improve process and improve accuracy.
• Work closely with business managers and finance business partners on Annual Operating Plan (AOP) preparation for sales, cost of sales and trade margins and expenses.
• Work on ad hoc requirements, providing analytical and insights.

Tools and process

• Provide support on SAP, BW, Excel and Power BI as an expert resource.
• Assess options for process improvement, including business process modelling.
• Working on the improvement of existing reporting and converting existing Excel based reporting to Power BI.
• Develop effective tools and dashboards.
• Develop methods and strategies for assessing large amounts of data.
• Implement best practices utilizing previous experience.

Qualifications

The successful candidate is likely to show the following behaviours:

• A self-starting mind-set, able to look ahead, innovate and continually improve agility and adaptable - is comfortable that change is a constant and can adapt actions and thinking to suit different conditions or situations.
• Collaboration & team-work - possess the ability to listen, share information and works effectively with team members to accomplish goals.
• Communication - able to express ideas clearly, effectively and with meaning. Enables effective communication across the function or team. Ability to influence by communicating clear facts in a convincing manner.
• Creative thinker/Innovator - Have the ability to look for alternative approaches. Always willing to look at something differently, constantly asking what if? Including the ability to apply creative and unconventional solutions to complex problems.
• Agility - Able to show flexibility, openness, and a willingness to respond according to the situation.

• Hands on and Positive attitude: 'Can do' approach and willing to give everything a go from manual processing to cross company global projects.

Knowledge, Education and Experience

• Hold a master's degree in business/finance or computer science.
• Excellent analytical skills.
• Expert knowledge in Office 365, including Excel, business warehouse and Power BI.
• Excellent verbal and written communication skills in English, and additional European language would be beneficial.
• 3-5 years' experience working in a commercial environment preferably in the Life sciences industry.

Location & Travel:

This position can be based anywhere in Europe close to an international airport and a Waters facility. The person may be required to travel internationally occasionally.

Diversity and inclusion are fundamental to our core values at Waters Corporation. It is our responsibility to actively implement programs and practices to drive inclusive behavior and increase diversity across the organization. We are united by diversity and thrive on it for the benefit of our employees, our products, our customers and our community. Waters is proud to be an equal opportunity workplace.

Company Description

Waters Corporation (NYSE: WAT), the world's leading specialty measurement company, has pioneered chromatography, mass spectrometry and thermal analysis innovations serving the life, materials, and food sciences for over 60 years. With approximately 8,000 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, with products available in more than 100 countries. Our team focuses on creating business advantages for laboratory-dependent organizations to enable significant advancement in healthcare delivery, environmental management, food safety, and water quality.

Working at Waters enables our employees to unlock the potential of their careers. Our global team is driven by purpose. We strive to be better, learn and improve every day in everything we do. We're the problem solvers and innovators that aren't afraid to take risks to transform the world of human health and well-being. We're all in it together delivering benefit as one to provide the insights needed today in order to solve the challenges of tomorrow.

Diversity and inclusion are fundamental to our core values at Waters Corporation. It is our responsibility to actively implement programs and practices to drive inclusive behavior and increase diversity across the organization. We are united by diversity and thrive on it for the benefit of our employees, our products, our customers and our community. Waters is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity or protected Veteran status.