Financial Analyst

Our client a market leading organisation based in Farnborough, Hampshire are currently recruiting for a Finance Analyst to join the team.

Client Details

Our client a market leading organisation based in Farnborough, Hampshire are currently recruiting for a Finance Analyst to join the team.

Description

As a Finance Analyst based from the Farnborough, Hampshire office you will be responsible for:

Key responsibilities

Reporting to the Head of Finance -. Responsibility for the development and production of reporting requirements to support the commercial and financial requirements of the UK companies. Assistance in the provision of the finance departments external reporting requirements. Preparation of management accounts and information.

*Your principle responsibility is to manage the monthly financial reports & analysis, billing, mainly for presentation to the clients but also for internal review

*Managed Reporting & Billing

*This involves the production of monthly invoices for Management with the help of our Indian processing team. This includes actual cost invoice, estimate (if applicable) and fixed fees.

*In addition to the client Budget to Actual P&Ls, a monthly P&L for internal purposes should be produced which should be as accurate as possible to the final expected costs for the period. This should be given to the Management Accountant for purposes of accurate accruals + profitability analysis for the monthly management accounts

*The monthly recharge invoice is to be presented and reviewed by account manager, before being submitted to the client. The account manager should expect the analyst to know the principal commercial terms of each contract and ensure the monthly invoicing reflects those terms, but the account manager is ultimately responsible for checking the commercial accuracy of these reports. Analyst should provide some narrative to the Account Manager to explain anything unusual

*The Analyst is expected to provide to the Account Manager a monthly Budget to Actual cost comparison to present the client for actual costs of the trailing 12 months against budget which includes the latest month of fully disbursed costs (usually available three months subsequent to the month in question).

*The analyst will work in conjunction with the account manager to produce annual operating budget

*In addition to the client Budget to Actual P&Ls, a monthly P&L for internal purposes should be produced which should be as accurate as possible to the final expected costs for the period. This should be given to the Management Accountant for purposes of accurate accruals + profitability analysis for the monthly management accounts

*The analyst is also expected to be the gatekeeper for cash flow management information on for use by both the Account Manager and the cash manager in Finance. This includes information on contractual payment terms, actual payment history & expected payment dates as well as monitoring actual exposure levels.

*You will be expected to work closely with the Account Manager to assist in the collection of receivables for which they are responsible, within agreed the terms of the contract. This assistance will include timely resolution of client queries on the billing.

Profile

*Minimum of 2 years' experience in a dynamic and fast moving finance environment.

*Systems proficiency in Excel and a good working understanding of accounts and stock software packages

*Ability to communicate and work with a variety of departments and people at all levels

*An understanding of the personal responsibility required to deliver results and an ability to work on their own initiative

*Analytically competent and naturally inclined to challenge processes and procedures and find practical alternatives

Job Offer

Salary paying £32,000 - £40,000 top end of the range is very much depending on suitability of experience. The salary range is broad and this is because the client is considering varying levels of experience

Benefits include: Pension which the company match to 5%, 24 days holiday which rises with length of service, Private Healthcare etc .