• Full Time, Permanent
  • View on Map
  • Coats posted 3 weeks ago
  • Posted : March 26, 2021 -Accepting applications
  • Salary: Negotiable
  • View(s) 48

Job Detail

  • Gender No Preferences
  • Job Role Finance, Budgeting Manager
  • Career Level Qualified Professional - Experienced
  • Functional Area Accounts,Finance,Tax,Audit
  • Experience

  • Min (Experience) 0
  • Max (Experience) 1
  • Qualifications

  • Graduation Any Graduation
  • Post Graduation CA
  • Walk-In Details

  • Company Details

  • Company Name Coats
  • Company Details
    Coats is the world’s leading industrial thread company. At home in some 50 countries, Coats has a workforce of 17,000 people across six continents.
    Coats’ pioneering history and innovative culture ensure the company leads the way around the world. It provides complementary and value added products,
    services and software solutions to the apparel and footwear industries. It applies innovative techniques to develop high technology Performance Materials threads, 
    yarns and fabrics in areas such as Transportation, Telecommunications and Energy, and Personal Protection.
    Headquartered in the UK, Coats is a FTSE 250 company, a constituent of the FTSE4Good Index Series, a participant in the UN Global Compact and a Network
    member of the Ellen MacArthur Foundation.

Job Description

Principal Accountabilities and Key Activities

Forecasts and plans

  • Structure and support the Strategic Plan, Annual Operating Plan and Forecast Processes
  • Provide first line review of Cluster roll ups and summarize and communicate key issues for Cluster management team
  • Consolidate plan, budget and forecasts for the clusters reporting to the Head of FP&A, Bus Ops by working closely with the clusters in line with group initiatives.
  • Consolidate the completion of the  forecasts in a timely and robust manner
  • Develop a consistent budgeting and forecasting approach across the clusters.
  • Lead monthly direct cash flow forecast process

Prepare detailed analysis

  • Perform key financial analyses to ensure that key business decisions are aligned with Coats’s overall financial objectives, goals, and metrics
  • Provide, maintain and analyse trends on internal and external collection activity
  • Work with clusters on updating actual cash flow per direct method and forecast vs actual analysis to drive forecasting accuracy
  • Prepare monthly operation support pack to steer forecast vs actual discussion and forecasting improvement
  • Lead the analysis of complex business issues related to the clusters

Performance improvement

  • Develop metrics, targets and KPIs with cluster BPs to ensure consistency across Coats
  • Interacts with CoE/R2R to link financial information from various sources to provide meaningful financial reports or to assure appropriate data reconciliation
  • Create Detailed Business Reviews to understand and communicate the state of business
  • Participates in FP&A meetings and workgroups to identify and implement efficiencies to improve performanc


  • Identifying opportunities to improve production and supply chain costs by working closely with relevant teams. This could include areas such as: accuracy of standard costs; gross and net margins; fixed costs allocations etc.

Education, Qualifications and Experience


  • A chartered accountant qualification or equivalent with 4+ years post qualification experience
  • 6 + years of Finance and accounting experience
  • Strong analytical skills, Excel, and SAP knowledge
  • Good English language skills, both verbal and written
  • Must be a team player who collaborates and coordinates effectively


  • Strong knowledge of budgeting, forecasting & planning processes and better practices.
  • Excellent communication skills (both verbal and written) are required to share important analysis.
  • Need to be customer focused, delivering insight
  • Ability to work independently or within a team environment and with multiple priorities.
  • Ability to effectively interface with various levels of management.

Required skills