Commercial Finance Analyst

First Central; Haywards Heath; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading insurance provider in Haywards Heath is seeking a Commercial Finance Analyst to support change initiatives. The ideal candidate will conduct financial analysis, develop models for cost-benefit assessments, and engage with stakeholders across the business. The role requires advanced Excel skills and a proactive approach towards financial insights. If you are a part-qualified Accountant with experience in business modelling, we want to hear from you. Join a company that values its employees in a dynamic work environment.

Benefits

Energetic work environment

Supportive culture

Professional development opportunities

Qualifications

• Ability to build strong relationships and work closely with diverse teams.
• Proficient in using advanced Excel for accurate analysis.
• Well-organized and capable of managing multiple priorities.
• Exceptional verbal and written communication skills.
• Experience in financial analysis and business modelling.

Responsibilities

• Provide insights into business performance based on strategy.
• Develop financial models for cost-benefit analysis.
• Build and maintain relationships with key stakeholders.
• Support in creating annual budget and forecasts.
• Track benefits of initiatives accurately and challenge where necessary.

Skills

Stakeholder management

Advanced Excel skills

Organised and adaptable

Logical thinker

Proven experience in business modelling

Understanding of finance concepts

Education

Part-qualified Accountant (ACA, CIMA, ACCA)

Tools

Workday

TM1

Job description

We’re 1st Central, a market-leading insurance company utilising smart data and technology at pace. Rapid growth has been based on giving our 1.4 million customers exactly what they want: great value insurance with an excellent service. And that’s the same for our colleagues too; we won Insurance Employer of the Year at the British Insurance Awards 2024 and our Glassdoor score is pretty mega too!

Ready to put your finance skills to work where change is the name of the game? 1st Central are on the lookout for a Commercial Finance Analyst to join our brilliant Change Initiatives team. You’ll be diving into the numbers behind some of the most exciting projects happening across the business - helping us track performance, challenge the status quo, and make sure every pound we invest is driving real value. If you’ve got a knack for financial analysis, a head for strategic thinking, and a love for turning complex data into clear, commercial insights, what are you waiting for - we want to hear from you.

Responsibilities

• Understand business strategy and provide highly relevant insight into business performance
• Develop an understanding and knowledge of the change teams initiatives and performance drivers (KPI’s)
• Add value through support of the business’s change management, providing insightful financial analysis as necessary

Stakeholder Management

• Build strong relationships with key stakeholders across Finance and the wider business, particularly the Business Partners and Change Management teams
• Produce detailed financial models as appropriate for the pillar cost and benefit analysis
• Support in creation of models for business initiatives development and tracking
• Summary reporting of Group Wide initiatives (ROI, Payback) on a Cash / Profit and Loss basis

Business Initiatives and Tracking

• Develop analysis and models for initiative cost benefit analysis and assist in preparing presentations to stakeholders
• Ensure the benefits of initiatives are accurately tracked and challenged where appropriate
• Support the team in driving business improvements. Act as a critical friend supporting the business to provide financial analysis to support delivery of the business strategy

Planning and Forecasting

• Support the team to create the annual budget and forecasts
• Help ensure that change initiatives are correctly reflected in the budget through relevant trading and underwriting processes
• Engage with Expense management team to ensure all initiatives driven external costs are identified and included in the expense budget/forecast. Strong communication skills - You’re able to explain financial info in a clear, confident way to people who don’t speak ‘finance’, helping them make informed decisions.

Skills and Qualifications

• Stakeholder management - You’re great at building great relationships and work closely with teams across the business, especially in Change and Finance.
• Advanced Excel skills - You know your way around complex formulas, models, and large data sets, and can use them to deliver accurate, insightful analysis.
• Organised and adaptable - You’re organised, adaptable, and comfortable juggling multiple priorities without dropping the ball., Strong verbal and written communication skills
• Excellent time management and organisational abilities
• Logical thinker with a proactive approach to problem solving
• Part-qualified Accountant (ACA, CIMA, ACCA) or qualified by relevant experience
• Proven experience in business modelling and financial analysis
• Familiarity with Workday (including Adaptive Planning) and TM1 is a plus
• Experience within the insurance industry is desirable

Behaviours

• Team player and ability to forge relationships
• Commercially aware and inquisitive
• Driven and Pro-active, self starter and enthusiastic
• Excel and modelling skills
• Analytical with a focus on detail
• Flexible approach to work with a positive attitude

If you’re curious, collaborative, and keen to make an impact, this could be the role for you. We’re all about making smart decisions, working together, and doing the right thing - so if that sounds like you, hit apply and let’s see where this could take you.

What can we do for you? People first. Always. We’re passionate about our colleagues and know the best people deserve an extraordinary working environment. We owe it to them so that’s what we offer. Our workplaces are energetic, inspirational, supportive. To get a taste of the advantages you’ll enjoy, take a look at all our perks in full here.