Financial Planning & Analysis Executive

Job title:

Financial Planning & Analysis Executive

Company

British International Investment

Job description

About BIIBritish International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential.It won’t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people.In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.BII at a glance75 years supporting sustainable business growth in developing and emerging markets£8.1 billion in net assets1,400+ businesses invested in950,000 workers in the businesses we support£9 billion in new investments planned in the next 5 years600+ people in our diverse global team3 key development objectives: Productive | Sustainable | InclusiveThe pitch

• The Finance team is responsible for the accounting, financial reporting, financial planning and analysis, purchasing and procurement, accounts payable and accounts receivable functions. The Finance team produces regular reports and ad hoc analysis for internal and external use. This role would be a permanent role to support the Head and the team to produce the analysis and the output presentations for such needs across the business.

• You will directly support the Head of Financial Planning and Analysis (FP&A) with reporting of operating expenses, budgeting, forecasting and portfolio analysis to senior management, the board and to the Shareholder. You will play a pivotal role in the development and tracking of the appropriate markers and key performance indicators for the business and for the support functions throughout the organisation.

About the role

• Assist in the preparation of the monthly operating costs review including headcount reporting.
• Prepare monthly operating expense reports by cost centre, ensuring costs are allocated to the correct expense accounts, projects and business units.
• Monitor the actual spend by cost type and by cost centre versus budget.
• Conduct regular and thorough variance analysis of actuals to budget and write meaningful commentaries.
• Work closely with the colleagues in the Accounting and the Accounts Payable teams to monitor and review General Ledger entries and balances.
• Run the monthly General Ledger review.
• Undertake selected responsibilities in relation to preparation of the monthly forecasting.
• Contribute to the preparation of the annual budget.
• Contribute to the design and delivery of a fully absorbed profit and loss management reporting by business group.
• Provide detailed financial analysis when required.
• Assist with the build-out of bespoke monthly reporting for Executive Committee Heads.
• Assist with preparing the quarterly CEO & management reports.
• Participate in Finance projects including the general ledger reimplementation.
• Prepare portfolio analytics and reporting.
• Produce materials for internal reviews, Markets Committee, Executive Committee, or Board, as required.
• Play an active role in maintaining FP&A’s relationships with business managers, senior management, and other stakeholders throughout the business, engaging in regular dialogue on the matters related to expense reporting versus budget by cost centre.
• Share responsibilities related to monitoring the FP&A shared inbox for incoming queries and answer questions from the business.
• Ad-hoc requests for cost analysis

About you

• Qualified accountant with suitable FP&A experience, preferably from a large organisation and, ideally, financials services.
• Strong numerical, analytics and data management skills.
• Capable of working with large data sets and distilling conclusions clearly and succinctly.
• Advanced Excel
• Good working knowledge of PowerPoint and experience of preparing presentations.
• Effective communications skills with the ability to build relationships at all levels across the organisation.
• Solid command of the written word and experience of writing business commentaries. Experience in using Infor SunSystems and Q&A software.
• Conversant with Concur Expense, Concur Invoice and Concur Intelligence modules.
• A working knowledge of Power BI would be an advantage.
• Ability to work independently to tackle and solve complex issues.
• Candidates should be strongly motivated by BII’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.

• Positive, can-do attitude.
• Acts in a professional manner and with integrity.
• Communicates openly whilst respecting professional boundaries.
• Able to prioritise and focus energy on key outcomes.
• Able to work collaboratively across sector and product teams and stakeholders at all levels. Equally, able to escalate challenges or barriers to facilitate resolution.
• Strong written and verbal communication skills. Experience with professional writing ideal.

• The ideal candidate is enthused by the complexity and ambiguity of the markets and products BII operate with and within and should be smart, fun, collaborative, creative, entrepreneurial, solution-oriented, open-minded and effective, flexible in nature as the firm continues to grow and evolve.
• Must be highly driven by BII’s development mandate.

Our cultural valuesWe look for team members who aspire, as we do, to work at our best and to be:

• Impact-led, commercially rigorous
• Tenacious in the face of challenges
• Collaborative and caring

Please provide a cover letter with your application.All applications will be carefully reviewed by our hiring team. Shortlisted candidates will undergo a vetting process, which may include reference checks, background checks and other relevant assessments.

Expected salary

Location

London

Job date

Thu, 03 Oct 2024 00:24:14 GMT

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