Deal On Wheels | Financial Analyst | Letchworth, UK

Job Overview

We are seeking a detail-oriented and analytical Financial Analyst to join our dynamic team. The ideal candidate will possess strong financial planning and analysis skills, with a proven ability to interpret data and provide actionable insights. This role requires proficiency in Microsoft Office to support decision-making processes and enhance financial performance.

Duties

• Manage complete month end closing process ensuring all transactions are accurately recorded within tight deadlines.
• Prepare accurate financial statements (balance sheet, income statement and cash flow statements).
• Performing monthly balance sheet reconciliations e.g bank and vendor reconciliations.
• Handling monthly aging and monitor accounts receivable and payable collections.
• Monitor company expenses, ensure accurate cost allocation.
• Track inventory (purchase, sale etc.), identify high margin stock and monitor stock aging reports to identify slow-moving or obsolete inventory.
• Recommend optimal stock levels based on customer demand and market trends.
• Evaluate profitability of different lenders and financing options.
• Develop and monitor budgets for showroom operations: sales, marketing, admin, utilities and commissions.
• Prepare and monitor daily cash position of the company.
• Manager customer and vendor contracts from financial standpoint.
• Oversee accurate and timely billing, cost recognition and accruals.
• Conduct detailed variance analysis between actual and budget and providing clear explanations for any discrepancies identified.
• Analyze used car sales performance by model, brand and time period.

Requirements

• Proficiency in Microsoft Office is essential.
• Strong analytical skills with the ability to interpret complex financial data effectively.
• Excellent communication skills in English, both written and verbal, to convey information clearly to diverse audiences.
• Solid understanding of accounting principles and practices.
• Strong organisational skills with the ability to manage multiple tasks effectively under tight deadlines.
• A background or degree in Finance, Accounting, or a related field is preferred.
• Minimum 2-3 years experience in a financial analysis role.
• Familiarity with IT systems that support financial operations will be advantageous. Join us as we strive for excellence in our financial operations while fostering a collaborative environment that encourages professional growth!

Job Types: Full-time, Permanent

Pay: £46,000.00-£50,000.00 per year

Benefits:

• Employee discount
• Free parking
• On-site parking
• UK visa sponsorship

Work Location: In person