Financial Planning & Analysis Analyst

Farnell
Farnell, an Avnet company, is a global high‑service distributor of technology products, services and solutions for electronic system design, maintenance and repair.

We are looking for a pro‑active Financial Planning & Analysis (FP&A) Analyst to join our Finance team in Leeds. The role is based at the Leeds site on a hybrid basis, with a minimum of three days on site.

You will report into a senior manager with nearly ten years of experience at Farnell and will work closely with a team of five financial analysts and nine FP&A partners across Asia and America. In this role you will analyse global financial and operational data, coordinate the consolidation of forecasting and budget models, and provide data‑driven insights to guide decision‑making.

• A supportive team environment focused on shared goals.
• An open‑door management policy.
• Opportunities and tools for career growth.
• Pension scheme (matched up to 8%)
• Company car salary‑sacrifice scheme
• Simply Health Medical Scheme
• 25 days holiday plus bank holidays, with option to buy additional holiday
• Free on‑site parking and gym
• Flexible hybrid working
• Cycle‑to‑work scheme
• Reward schemes

• Report, analyse and interpret financial and operating data for global accounting and business operations.
• Provide analytical support, including P&L projections, scenario planning, ratio analysis, budgeting and cost analysis.
• Liaise with the global Finance Business Partnering team to deliver data‑driven insights into sales, margin, operating expense and working capital performance.
• Gather, analyse and summarise recommendations for financial plans, acquisition activity, strategic growth initiatives, future requirements and operating forecasts.
• Develop financial reports for forecasting, trending and narrative analysis for management.
• Co‑ordinate with the global Business Intelligence team to ensure daily and weekly reporting remains accurate, relevant and continuously improved.
• Prepare, review and analyse standard and ad‑hoc monthly reporting, including reports for the Avnet and Farnell Executive Team.
• Review reports to verify accuracy and highlight variances.
• Other ad‑hoc reporting requirements as assigned.

• Generate financial forecasts and create financial models to support business planning decisions.
• Assist in developing, preparing and presenting short‑ and long‑term financial plans.
• Work with management to develop, monitor and report KPIs for the business.

• Prepare journal entries, calculate accruals and allocate expenses.
• Work closely with global accounting teams during month‑end close to ensure clarity and accuracy of P&L and working capital results.

• Perform economic research on rates of return, depreciation, working capital, investment opportunities and regulatory impacts.
• Respond to information requests from internal customers, including performance, competitor analysis and market trends.
• Contribute to improvement initiatives and business insights projects.
• Support other duties as assigned.

• 3+ years of experience in financial analysis, FP&A or a similar role.
• A Bachelor’s degree or equivalent experience.
• Knowledge of GAAP and complex accounting systems.
• Strong analytical ability and experience interpreting financial data.
• Advanced Excel skills (XLOOKUP, Pivot tables); exposure to Power BI or SAP is advantageous.
• A proactive, curious mindset and confidence working with cross‑functional teams across regions and time zones.
• Strong communication skills with the ability to translate data into actionable insight for senior management.

• Strong knowledge of accounting and finance principles, industry practices and analytical techniques.
• Ability to develop solutions for a variety of situations, using judgement and discretion.
• Works independently with limited guidance, receiving review mainly for overall adequacy.
• Collaborates effectively across the department and wider business.
• Decisions and actions may impact departmental or organisational success.

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