Senior Finance Analyst
- Location
- Cardiff, United Kingdom
- Salary
- Competitive
- Posted
- 01 Oct 2020
- Closes
- 06 Oct 2020
- Ref
- VN-17574
- Job role
- Accountant
- Sector
- Legal
- Experience level
- Newly qualified
Job Intro
You'll be ensuring the delivery of a robust and proactive financial and management accounting service to the Group Head Office Functions, including shared service functions, providing sound and effective operational finance management to support the division in meeting its business and strategic objectives. The role will also play a key part in centralising support activities and also streamlining the month end activities through automation and removal of non-value added activities.
What you'll be doing
Qualifications:
Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days' holiday, private medical insurance, discretionary performance related bonuses, paid overtime, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.
Company Info
We take pride in being there for our customers. We help them deal with whatever life has in store and support them in achieving financial security; and that's thanks to the talented and dedicated people who work with us. For us, 'social responsibility' is not just a buzzword. It defines us and runs through everything we do for our customers and as an employer. And working with us, you'll get a competitive reward package and have the flexibility and autonomy to deliver your personal, business and career goals.
Department Info
From HR and Digital teams through to Group Finance, Risk and Corporate Comms - our Group function support our businesses across the UK and abroad. Delivering essential services and activities that have a real impact on our business and our customers lives, we enable our people to do what they do best, contributing to delivering a great customer service, profitability and strategic growth.
We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.
You'll be ensuring the delivery of a robust and proactive financial and management accounting service to the Group Head Office Functions, including shared service functions, providing sound and effective operational finance management to support the division in meeting its business and strategic objectives. The role will also play a key part in centralising support activities and also streamlining the month end activities through automation and removal of non-value added activities.
What you'll be doing
- Allocated Expense Management. Manage the production of cost apportionments to ensure an appropriate and equitable divisional cost allocation. This should be done in conjunction with the division and ensure they are reviewed and updated on a timely basis. This will also involve ensuring all allocation schedules are consistent across the Group functions cost centres to bring greater clarity to the allocation methodology.
- Financial Control. Maintain and monitor robust accounting standards, policies and financial controls across the team to ensure compliance with the Group Standards, statutory requirements and the control framework. Ensure all processes and financial transactions are compliant with internal and external audit requirements.
- Projects. Support the senior management team by undertaking ad-hoc analysis and projects, as required, to further develop the success of the division's and own personal profile within the division.
- Treating Customers Fairly. Ensure that the appropriate Financial MI, process and systems are in place to provide support to Group Functions, from a Finance perspective, that customers are treated fairly in line with Legal & General's Customer Experience and TCF policy.
- Budgeting, Forecasting and Planning. Take ownership of the quarterly expense forecast, play a leading role in the annual expense plan and provide input to the medium- and long-term financial strategy. This will include assisting in the facilitating of quarterly functional reviews with senior stakeholders by providing insightful MI and commentary which will drive decision making.
- Relationship Management. To work independently and take the initiative to develop relationships and work with managers and directors to help them understand financial perspectives, enabling the business to adopt a proactive and innovative role in financial and commercial matters.
- Back office support duties. The role holder will be required to undertake independent reviews of the current Group head office support duties, mainly focused on the month end calendar, and implement recommendations for improvement. This will include a restructure of the calendar deliveries in agreement with stakeholders, and also automation or removal of non-value added activities. The role holder will play a key part in the development and integration of a centralised back office support team. This will include the completion of all governance and documentation, as well as the transfer and on boarding management. It is very important that the role holder can make improvements and efficiencies to current processes in order to embed a streamlined shared service support function to divisions.
- Management Information. Produce analyses/trend reports and Management Information Packs for senior management meetings to aid decision-making and strategic planning in order to achieve business objectives. This will involve an analysis of the current reporting and a recommended go forward approach through to implementation. This will involve close collaboration with functional heads to service their requirements and to solicit a longer term, strategic management reporting solution.
Qualifications:
- Finalist or newly qualified accountant or equivalent experience
- Strong understanding of accounting processes and principles
- Understanding of and ability to interpret and apply L&G Group Policy and Procedures, as well as L&G's risk management philosophy and ability to support business in delivery and monitoring of the risk control environment.
- Understanding of L&G's approach to cost allocation and profit measurement (Value Added Management), annual/quarterly planning and forecasting cycle, financial approval procedures/processes and monthly expenditure reporting and analysis processes, and alternative cross-charging methodologies and behavioural implications.
- Dynamic, passionate and energetic personality with ability to effectively manage workload drive change and improvement across the division
- Ability to work independently in a fast-paced and rapidly changing environment
- Ability to influence others and operate in a complex matrix structure.
- Ability to create and deliver clear and concise written or verbal reports.
- Using logical argument and data, challenge peers and Directors.
- Ability to demonstrate strong inter personal skills to interact with all levels of business and to develop and maintain strong relationships with finance and non finance individuals
- Advanced knowledge in the use of spreadsheets, databases and analysis tools.
- Ability to design, develop and maintain financial models
Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days' holiday, private medical insurance, discretionary performance related bonuses, paid overtime, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.
Company Info
We take pride in being there for our customers. We help them deal with whatever life has in store and support them in achieving financial security; and that's thanks to the talented and dedicated people who work with us. For us, 'social responsibility' is not just a buzzword. It defines us and runs through everything we do for our customers and as an employer. And working with us, you'll get a competitive reward package and have the flexibility and autonomy to deliver your personal, business and career goals.
Department Info
From HR and Digital teams through to Group Finance, Risk and Corporate Comms - our Group function support our businesses across the UK and abroad. Delivering essential services and activities that have a real impact on our business and our customers lives, we enable our people to do what they do best, contributing to delivering a great customer service, profitability and strategic growth.
We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.
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