Finance Analyst (Accounting in Training)
Wellcome is a global charitable foundation. We improve health for everyone by funding science, leading policy and advocacy campaigns, and building partnerships.
We plan to spend £16bn over the next ten years, funding new discoveries in life, health and wellbeing, and taking on three global health challenges: mental health, infectious disease and climate.
These challenges need the bold research our funding supports, but they won’t be solved by science alone.
Wellcome’s finance team is looking for a Finance Analyst to take part of the Accounting in Training (AIT) programme. Within the programme students rotate into different areas within the finance department for varying lengths of time of 6 months to 2 years. This is a great opportunity for you to get the accounting training and have exposure to the different tasks and stages of financial accounting and commercial finance cycle.
In this role you will have exposure to the different tasks and stages of financial accounting and commercial finance cycle, whilst working towards your accounting qualification. You will receive our full support to achieve a nationally recognised accounting qualification on this apprenticeship programme which lasts up to 4-years dependent on prior experience.
The programme will cover the following (list not exclusive):
- Business and Financial Analysis and Reporting
- Involvement in the preparation of monthly management information
- Provide grant and cost analysis as required
- Review and analyse financial information of high value grants made to high risk institutions
- Planning, Budgeting and Forecasting Processes
- Assist with the annual budget and quarterly forecast process, ensure that all expenditure is robustly reviewed and challenged
- Assist the organisation to develop effective operational plans
- Influence financial performance and controls:
- Support the organisation to implement suitable and effective internal processes and controls to enable robust governance and risk management
- Promote the benefits of financial controls and reporting requirements to non-financial audiences.
- Project activity
- Support the development of robust project plans, with suitable budgets, milestones and deliverable, and provide input into business cases
- Due Diligence and Governance
- Support with financial due diligence on institutions applying for Wellcome funding
- Assist with analysis of grant holder budget applications and models
- Related Entities Accounting
- Support with the full financial service – including accounting, analysis and reporting, budgeting and forecasting, for relevant entities within the remit of the role
- Involvement in accounting for investment activities for the equities, derivatives, cash and bonds held by our custodian, and for private and direct property assets.
- Support with the preparation of monthly, quarterly and annual statutory and tax reconciliations and reports
To be successful in this role you will have
- Some experience in supporting a finance team in administrative tasks in a finance department, ideally around the preparation of month-end financial reports.
- Keen interest in Finance and its role in an organisation.
- Ability to write comprehensive communications and reports and ability to communicate clearly complex finance matters to a non-finance audience
- Excellent numerical skills and attention to detail
- Experience in customer service
- Computer literate – including Advanced Excel skills, MS Outlook, MS Word and MS PowerPoint skills.