Financial Reporting Analyst

Standard Bank Group; Saint Helier; On-site; GBP 65,000 - 90,000; Full time

Job summary

Standard Bank Group is seeking a Finance Insights Lead to support production of regular reporting and analytics for the Financial Insights Leads and Reporting & Control teams. The role covers profit & loss, balance sheet, and commentary to aid strategic decisions across business units and entities.

The candidate should have postgraduate finance qualifications and 5–7 years in finance, with strong experience in banking or similar industries.

Qualifications

• 5–7 years experience in Finance & Value Management.
• Experience producing high quality regular reporting and analysis with commentary.
• Solid understanding of accounting requirements for transactions, balance sheet and liquidity.

Responsibilities

• Attend to the amendment of irregularities in audit or risk monitoring processes to uphold controls.
• Conduct analytical reviews of data against budgets, plans and forecasts; highlight variances.
• Develop commentary aligned with data reported to improve credibility of insights.
• Ensure reporting templates are used to deliver standardized Financial Insights & Analytics.
• Focus on cost reporting and allocations across BUs, clients, sectors, regions and entities.

Skills

Data analysis

Documentation

Interpreting data

Managing tasks

Quality assurance

Data management (administration)

Management accounting

Education

Post Graduate Degree in Finance and Accounting

Job description

To support the production of regular reporting & requested insights & analytics to enable the Financial Insights Leads, Head of Reporting & Control & businesses in delivering their strategic objectives. Delivery of reporting relating to all aspects of profit & loss and balance sheet to address Business Units, Client, Sector, Region & Legal Entity. This will be achieved through the production of high quality, high impact business reports to agreed standards, formats & timelines.

Qualifications

• Post Graduate DegreeinFinance and Accounting

Experience Required :

• 5 - 7 years experience in Finance & Value Management
• Experience in producing high quality regular reporting and additional analysis which will include the provision of insight via commentary. This will have allowed the individual to have a deep understanding of key drivers which influence typical management decisions, specifically within the banking or similar industry.
• Experience within the Financial/Statutory accounting field will have enabled the individual to have a good understanding of the accounting requirements for the functions various types of transactions (Including costs, revenue, balance sheet and liquidity). This will allow the individual to have a broader understanding of relationships between the aforementioned transactions and other items on the Balance Sheet/Income Statement which will enhance the depth of analytical reporting

Key Outputs :

• Attend to the amendment of irregularities found during the audit or risk monitoring process to ensure sufficient controls and standards are implemented and upheld
• Conduct analytical reviews of the data obtained to predetermined materiality & metrics,. Highlight material variances against budgets, plans and forecasts, and obtain analysis and commentary. Identify exceptions in extraction, aggregation and analytical review process for evaluation at regular feedback sessions
• Develop commentary that accurately addresses requirements as agreed between the Finance Insights Leads and the Reporting & Control team. Ensure that commentary and insights provided align with the actual data reported on to improve credibility relating to data and commentary. Regularly engage with Reporting & Control Managers to identify areas in which further insight or analysis is required. Ensure all reporting is produced according to agreed requirements in standardised formats
• Ensure that the correct reporting templates are utilised in the delivery of Financial Insights & Analytics reporting. Identify areas in which standardised templates can be refined to improve clarity and effectiveness of message. Utilise consistent pre-determined materiality in the determination of focus on the level of depth of reporting required. Ensure that all reporting insights and analytics can be tailored to produce a consolidated CIB view.
• Focus on cost processes through production of cost reports that address Business Unit, Client, Sector, Region & Legal Entity. Perform cost allocations as per the Reporting & Control process

#SBO

Additional Information

• Checking Things
• Documenting Facts
• Examining Information
• Interpreting Data
• Managing Tasks
• Data Management (Administration)
• Management Accounting
• Quality Assurance

#SBO

Our Commitment to Diversity, Equity and Inclusion

Standard Bank Group is committed to fair and inclusive employment practices. We aim to build a workforce that reflects the diversity of the communities we serve and welcome applications from candidates of all backgrounds, including people with disabilities. We strive to create an environment where everyone has an equal opportunity to contribute and grow.