Front Office Reporting Business Partner

The Management Reporting department analyse and interpret financial and non-financial information to enable senior management and the front office to evaluate, control and plan the most appropriate use of its resources. The department is responsible for reporting all group business units across Europe, US and Asia/Pacific.

In terms of primary functions, the Management Reporting team are responsible for:

1. Cost centre / divisional / geographical profit and loss and key performance indicator reporting on a monthly, quarterly and annual basis
2. Expense forecasting and breakeven analysis
3. Monthly front office / broker analysis (revenue and cost)
4. Daily financial performance reporting
5. Actual v budget analysis
6. Daily revenue flash reporting
7. Ad-hoc work as required by the front office desk heads and senior management

Responsibilites:

• Preparation of global monthly Front Office brokerage performance reports
• Analysis of under-performing desks and preparation of run rate reports
• Preparation of regional brokerage compensation reports, reviewing monthly movements, working closely with Broker Comp team and business managers to understanding and document one-off and trend variances
• Ensuring the accuracy of front office run rate data in the Consolidated Daily Management Reports (CDMR) and regional reports
• Discuss regional front office performance with business managers and assisting in tracking and driving improved profitability
• Preparation of COO slides providing headline performance and KPI information for management offsite meetings
  
  • Analysis and review of support function cost allocations, working with the central FP&A team to understand all allocated costs within the fully costed front office P&L
  • Review of new hire revenue generation vs target revenues to ensure broker profitability meets contract expectations
  • Assist in the ongoing development of front office reporting and MI
  
  Undertaking ad-hoc analysis as requests are received from front office and senior management

Required Skills:

Qualified ACCA, ICAEW or CIMA.

Must have a keen eye-for-detail to ensure accuracy and integrity of reporting.

Strong MS Excel skills and good all-round IT abilities.

Able to analyse performance and make recommendations to Business Managers

Ability to self-manage conflicting workloads in order to meet deadlines.

Demonstrate a high level of numeric and oral communication skills and able to deal with queries from management.

Experience in Financial Services or similar

Able to understand the financials being reported and challenge where numbers look unexpected

Confident in operating in a competitive work environment and the ability to handle challenging situations sensitively.

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.