applicants
Finance Analyst
at Just Group London in London (Published at 25-09-2024)
Date Posted: 24/09/2024
Location: London
Job Type: Full time
About the role
We are looking for a Finance Analyst to ensure that Just Group's expenses are accounted for accurately, reported to key stakeholders to support decision making and that forecasts and plans are robust. The Finance Analyst will ensure that effective cost management processes and controls are maintained and improved upon where required.
Responsibilities
Month end: posting expense accruals, prepayments and other adjustments into the general ledger, in line with relevant accounting standards and adhering to Group timetables. You will need to maintain strong relationships with the Finance Business Partners who will have insight into the cost base for different areas of the business. Prepare variance analysis to ensure outputs from month end processing as outlined above are as expected. Investigate discrepancies and produce commentary to explain variances. Provide supporting evidence for expense entries to external auditors.
Produce and contribute to regular MI and reporting: ensure that MI answers the ‘so what’ and that variances are clearly explained. Proactively seek action from MI where there are undesirable variances and contribute. Ensure that processes by which cost information hits the ledger and MI is produced are robust and timely and improved where necessary to increase efficiency.
Ad hoc analysis: Conduct independent deep dive/reviews of Functional cost base to provide insight to business areas. Support project business cases and benefits appraisal.
Forecasting: Assist with maintaining regularly updated, rolling forecasts and deliver key inputs into the annual 5 year Plan process including projections of the staff cost base, key strategic development costs and 3rd party costs.
Continuous process improvement: continually look to challenge processes and reporting and provide suggestions for better ways of working for agreement within the team before implementing.
Strong business knowledge: Develop and maintain strong business understanding including key product lines, key strategic priorities and markets in which the business operates.
Review allocations: assist in the periodic review of the allocations rules for cost centres as required. Understand how allocations flow through into key IFRS and SII financial performance metrics.
Skills & Experience
Qualified Accountant (ACA, ACCA, CIMA or equivalent)
Experience of cost accounting in a multi divisional and multi departmental organisation.
Experience of budgeting, forecasting and management accounting best practice.
Experience of working in an Insurance or other Financial Services environment is preferred
Experience of a Life Insurance environment would be advantageous.
Working knowledge of IFRS 17 accounting principles would be advantageous
Knowledge of Oracle would be an advantage but not essential.
Strong and confident communication skills – both written & verbal
Strong analytical skills.
Ability to handle and manipulate large amounts of raw data into relevant and presentable formats. This will require very effective IT skills – Microsoft Office packages including Word, advanced Excel (including pivot tables, look ups), presentational packages (PowerPoint, PDF).
Ability to present financial information in a clear and coherent manner suitable for presenting to senior management.
Strong and confident communication skills – both written & verbal
Company Benefits
A Competitive Salary, Pension Scheme and Life Assurance
Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
Private Medical Cover and Income Protection, just in case
A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
Opportunity to progress within your career both in-role and within the company
FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
A variety of Employee Funded Benefits available to you via our Online Benefits Portal
Plus, several additional purchase options available for you and your loved ones
