Financial Analyst - Finance Office - 30090 - Grade 8

Recruiter
University of Birmingham
Location
Birmingham, West Midlands, United Kingdom, United Kingdom
Salary
GBP 42,149.00 - 50,296.00 per year
Posted
11 Sep 2021
Closes
25 Sep 2021
Ref
210001N8
Experience level
Qualified accountant
Position Details

Finance Office

Location: University of Birmingham, Edgbaston, Birmingham UK

Full time starting salary is normally in the range £42,149 to £50,296, with potential progression once in post to £56,587

Grade - 8

Full Time - Permanent

Closing date - 21st September 2021

Job summary

The Financial Analyst role is critical to the development of core reporting and insight across the University; converting complex structures and financial information into understandable data for all. The role is responsible for the derivation of both internal and externally defined activity based costing (Transparent Approach to Costing, TRAC) and will produce insights and reports on both financial and non-financial data to aid in business decision-making processes.

The post holder will be working closely with senior management across the University in delivering improvements in management information and business intelligence in response to changing systems, amending environments and defined stakeholder needs.

In order to support this change in direction for Finance, the post-holder will need to be innovative and driven to develop new ways of working in order to maximise the quality of reporting and the understanding of core data. An ability to quickly understand data and communicate to non-financial uses is key.

Main Duties

1. Financial Analysis and Reporting:
  • Reporting to the Head of Management Accounts the post holder will be responsible for providing value added and timely financial analysis, proposing options and reporting enhancements to support the organisation in achieving its operational and strategic goals.
  • Proactively leading on management information and reporting enhancements across the Finance Office, utilising both financial and non-financial data.
  • Leading on activity based cost (TRAC) reporting to develop dynamic data collection and output processes for both statutory returns and internal reporting purposes. This includes working collaboratively across the organisation to support the collection of non-financial information and utilising TRAC data for scenario planning and modelling.
  • Deriving and then delivering an annual cycle of reporting and analysis to support internal timelines and key decision points.

2. Process Improvement
  • Providing knowledge and advice on best practice relating to all aspects of accountancy, financial processes and management information.
  • Responsibility for driving change in relation to evaluating existing procedures and processes in association with other Finance team members to drive consistency, simplification and efficiency.
  • The ability to develop and propose solutions to problems for review.

3. Team Management and development:
  • Planning and prioritisation of own workload and that of a staff.
  • Continuous development of self and team through coaching and training, both formal and informal.
  • Monitoring of team progress in relation to workload and deadlines
  • Supporting the training and development of people in relation to data across Finance and the University
  • Acting within a defined brief the post holder will have significant autonomy.

Required Knowledge, Skills, Qualifications, Experience

Person Specification:
  • CCAB or CIMA qualified accountant with experience of working in a large and complex organisation.
  • Experience of developing and delivering TRAC or activity based costing data.
  • Experience of managing people and an aptitude for challenging and changing existing practices and principles.
  • Breadth of advanced IT skills with experience in specific areas such as reporting systems, complex data sets and knowledge of MS Access.

Specific Skills:

Communication
  • Strong verbal and written communication skills are essential, as the post holder will deal with a wide range of internal and external stakeholders.

Analytical Skills
  • Proven excellent financial and analytical skills with experience of interpreting and communicating complex information.
  • Strong problem solving skills with the ability to utilise both financial and non-financial information and data to aid in decision-making processes.

Leading Change
  • Adaptable and flexible when dealing with complex situations and the unexpected.
  • Ability to generate innovative solutions and provide valuable enhancements in the reporting of management information.
  • Resilient and positive in response to changes.
  • Able to influence within an organisation.

Leading people
  • Experience of gaining and retaining the confidence of colleagues and having the standing to represent the team and the University externally.
  • Ability to create a motivating environment where people are challenged, developed, encouraged and supported to deliver outstanding results.
  • Able to lead people as a team and to inspire and manage them to achieve.

Other
  • Advanced IT skills with experience in specific areas such as reporting systems, complex data sets and knowledge of MS Access.
  • The ability to work independently and to also manage and motivate a team.
  • Ability to organise workload and work to strict deadlines

Informal enquires to Joanne McIlraith, email: j.h.mcilraith@bham.ac.uk

Valuing excellence, sustaining investment

We value diversity and inclusion at the University of Birmingham and welcome applications from all sections of the community and are open to discussions around all forms of flexible working.

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