Role: Front Office FP&A Analyst
Location: London
Contract Type: Permanent
The Front Office FP&A team analyse and interpret financial and non-financial information to enable Senior Management and the front office to evaluate, control and maximise business profitability. The department is responsible for reporting all group business units across Europe, US and Asia/Pacific to Executive Managing Directors, the Chief Operating Officer and Chief Financial Officer.
In terms of primary functions, the FP&A team are responsible for:
* Preparation and presentation of monthly Front Office Executive packs
* Detailed analysis of performance trends and profitability vs comparatives and forecast
* Monthly analysis of front office compensation ratios and impact on group profitability
* Weekly performance review with regional Business Managers
* Preparation of front office forecasts and actual v budget analysis
* Daily revenue flash reporting and quarterly revenue projections vs external guidance
* Ad-hoc work as required by the front office and senior management
Key responsibilities:
* Preparation of global Front Office reporting model and monthly Executive packs.
* Preparation of regional brokerage compensation reports, reviewing monthly movements, working closely with Broker Comp team and Business Managers to understand and document one-off and trend variances.
* Preparation of forecasts in conjunction with Business Managers
* Analysis and review of support function cost allocations, working with the Group FP&A team to understand all allocated costs within the fully costed front office P&L
* Coordination of enhancement and consistency across the wider Finance MI, including Broker productivity and capture of employee level detail across the finance ledger
* Active role in the development and adoption of Tableau as our primary reporting solution
* Maintenance of front office hierarchies, controls and reconciliations within Insight
* Development and maintenance of Insight reports, working with the business and IT Team
* Preparation and upload of alternate management accounting allocations for support and corporate cost base, along with front office budgets to facilitate reporting directly from Insight
* Undertaking ad-hoc analysis as requests are received from front office and senior management
Skills / experience required:
* Part/Newly Qualified (ACCA/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 by interpreting P&L’s and KPI’s
* Ability to self-manage conflicting workloads 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.
Systems Used
* Extensive experience of Excel
* Essbase
* Tableau - Preferable
Personal Attributes
* Commercially minded individual who enjoys working in a fast paced and changing environment.
* Interest in working for a major global financial services company.
* Ability to work under pressure.
* Desire to learn and ability to challenge and contribute to process improvements.