Senior Financial Planning Analyst

About the Company

Sims Metal is the world’s leading publicly listed metal recycler, with operations encompassing the buying, processing, and selling of ferrous and non-ferrous recycled metals. The metals recycling operations are geographically diverse, with operations on five continents. They comprise a network of processing facilities, many with deep-water port access, supported by an extensive network of feeder yards from which to source recyclable ferrous and non-ferrous metals.

Purpose of the role

Support the regional commercial or operations finance team for the Metal business by providing analytical support and actionable insights across the regional commercial and/or operational teams. By improving the quality and communication of data, the role will contribute to more timely and accurate decision-making within regional finance, commercial, and operational functions, while sharing best practices with peers throughout the North America Metals business. The role will contribute to transparency and delivery of increased and more stable trading margins across the region for all commodity products as well as lowering operational costs

Principal Accountabilities

Margin Analysis

• Analyse commercial data to discover insights related to key drivers of trading margins by supplier, business segment, material group, and geographic regions to identify trends and opportunities for margin growth and stability
• Work with the regional buy force team to analyze and enhance understanding of regional supplier profitability to ensure maximum margin is obtained from the buy force activity
• Develop standard reports to provide the buy force team with relevant insights as to which suppliers or categories of suppliers provide the highest margin contribution
• Communicate analytical insights to Commercial leadership, make recommendations for changes, and assist with the development of initiatives to expand margins in both total and per-tonne terms
• Monitor the implementation of these initiatives to ensure the success of the recommendations and continuously improve the initiatives of performance terms

Commercial Team

• Assist in providing transparency to traders through monitoring key performance indicators (e.g. volumes, new business, segment performance) to help drive individual and targeted buy performance
• Assist in the coordination of meetings with regional commercial teams to allow review of business performance against budgets, targets, and forecasts
• Understand wider business objectives and direction to ensure that any recommendations or areas of interest are suitably prioritized, analyzed, and presented
• Coordinate with the Buy Force team to help provide analytics in where to invest and improve growth as well as track any projects in place
• Attend meetings as required to support the regional commercial team
• Collate, drive, and track information concerning projects, from new processes to growth projects
• Other projects as required by Regional commercial leadership
• Support Group commercial projects and initiatives
• Assist in providing information to determine efficient and consistent payment terms for suppliers and customers
• Monitor adherence to credit terms to maximize working capital

Standardisation, Sharing of Best Practices & Continuous Improvement

• Assist in the development of appropriate methodologies of key performance indicators to monitor and calculate regional contribution to the regional trading margin
• Collaborate with other regional FP&A Commercial team members to embrace a philosophy of continuous improvement regionally and globally
• Work collaboratively with the FP&A Operations team to identify and manage the interface risks between commercial and operations to ensure that Sims optimizes the trade-off between operating costs and trading
• Assist in the development and implementation of appropriate methodologies to consistently calculate the margin and cost of standardized products across the organization
• Contribute to global reporting standardization initiatives, including ERP and BI reporting

Project Management & Business Improvement:

• Undertake ad hoc activities and projects driven by the Regional CCO and Commercial Director
• Work with the business to ensure that the new SAP S4Hana system is being used correctly within the regions to ensure that they produce accounts that accurately reflect the performance of the business
• Work with the shared services team to ensure that any interface issues with the commercial side of the business are addressed

Budgeting, Forecasting & Capital Management

• Assist with annual regional margin budget development by product type, submission, and tracking as well as quarterly, in-month, and other forecasts as required
• Contribute to the development and monitoring of margin contributions from growth projects
• Work with Operations providing narrative and modelling for CERs with margin implications
• Work with the Group to assist in providing feedback and modeling of Post Completion Reviews with margin implications

Cultural Support

• Provide decision-making support to regional commercial teams through analysis of results, returns on business segments, evaluation of proposed improvement initiatives, and ad hoc analysis as needed
• Demonstrate personal responsibility for, and ensure compliance with, all Safety, Health, Environment, Community, and Sustainability (SHECS) policies, procedures, and initiatives within multiple inter-related teams or regional functions with a single team
• Promote diversity and inclusion, positive employee relations, and teamwork, and ensure all workers within multiple inter-related teams or regional functions with a single team are treated fairly and equitably
• Support continuous improvement initiatives and foster compliance with quality requirements in accordance with the region’s functional strategy
• Support and ensure compliance with all Company policies, procedures, and initiatives within multiple inter-related teams or regional functions with a single team

Key Performance Indicators (KPI's)

• Quantifiable impact on business performance via adding value and insight into business decision-making, in particular, about commercial trading margin expansion and volume growth
• Articulate comparison of actual performance relative to target expectations
• Accurate and transparent communication of components of trading margin
• Service level satisfaction across commercial functions and broader organization
• Ensuring that standard daily, weekly, and monthly reporting requirements are in place to assist in determining that the commercial sales and scrap purchasing requirements of the business are met

Formal Education and Knowledge

• Degree in Finance, Accounting, Economics, or related discipline preferred
• 3+ years of analytical experience, including sitting and contributing at a functional leadership table as a peer, and leading and developing commercial/business insight
• Knowledge/familiarity with the administration of IT systems
• The candidate will be expected to take the initiative and lead your work programs.
• Applicants must be advanced Excel and PowerPoint users, with strong numeric and literacy skills and willing to learn emerging finance technologies such as power BI and interrelation with underlying databases

Skills

• Strong influencing skills to implement solutions without direct line authority
• Understanding of scrap metal economics
• Excellent analytical skills and ability to identify actionable insights
• High level of accuracy and attention to detail
• Strong problem-solving and analytical abilities with a quantitative aptitude; intellectual curiosity with the ability to exercise mature judgment
• Pull together detailed and complicated financial information and present the salient points for decision-making
• High level of business acumen, commercial awareness, and ability to apply strategic thinking skills when analyzing or making recommendations
• The ability to develop a confidant relationship with key members of the regional commercial team
• Strong presentation skills
• The ability to juggle multiple and competing deadlines
• Result-driven, organized, and strategic mindset
• Good Project management skills
• Good interpersonal and influencing / leadership skills, including the ability to accept and embrace others’ ideas

To learn more about Sims Metal and our career opportunities, visit www.simsmm.com/careers or email jobs.USA@simsmm.com.

SIMS LIMITED IS PROUD TO BE AN EQUAL-OPPORTUNITY EMPLOYER. WE VALUE THE DIVERSITY OF ALL OF OUR EMPLOYEES AND ARE COMMITTED TO CREATING AN INCLUSIVE WORKING ENVIRONMENT WHERE EVERYONE CAN CONTRIBUTE, ADVANCE ON MERIT, AND REALIZE THEIR FULL POTENTIAL. SIMS LIMITED IS AN EQUAL-OPPORTUNITY EMPLOYER. THE COMPANY DOES NOT DISCRIMINATE WITH REGARD TO RACE, SEX, RELIGION, COLOR, NATIONAL ORIGIN, CITIZENSHIP STATUS, DISABILITY, AGE, MARITAL OR FAMILIAL STATUS, SEXUAL ORIENTATION, GENDER IDENTITY, GENDER EXPRESSION, VETERAN STATUS, HOUSING STATUS, SOURCE OF INCOME, OR ANY OTHER STATUS PROTECTED BY FEDERAL, STATE, OR LOCAL LAWS. THIS APPLIES TO ANY EMPLOYMENT DECISION, INCLUDING RECRUITING, HIRING, PLACEMENT, PROMOTION, TERMINATION, LAYOFF, RECALL, TRANSFER, LEAVES OF ABSENCE, COMPENSATION, AND TRAINING. QUALIFIED APPLICANTS WITH A DISABILITY IN NEED OF A REASONABLE ACCOMMODATION MAY REQUEST SUCH WITHOUT FEAR OF REPRISAL OR DISCRIMINATION.