FP&A Senior Analyst

Allica Bank Limited; London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading financial technology firm in the UK is seeking an FP&A Senior Analyst to join their team. This role involves significant responsibilities in forecasting, budgeting, and cost optimization. The successful candidate will work closely with senior stakeholders to drive efficiency in a high-growth environment. Allica Bank offers flexible working options and a range of employee benefits, ensuring a supportive and inclusive workplace.

Benefits

Flexible Working

Pension Contributions

Discretionary Bonus Scheme

Private Health Cover

Life Assurance

Family Friendly Policies

Qualifications

• Experience as a Finance/FP&A Analyst with extensive exposure to costs.
• Professional qualification (ACA/ACCA/CIMA) or highly experienced Finance professional.

Responsibilities

• Cost reporting and analysis, ownership of monthly reporting of all operating expenses.
• Conducting variance analysis, identifying risk and opportunities.
• Preparing frequent forecasts of all operating expenses.

Skills

Analytical Skills

Communication

Time Management

Initiative

Education

ACA

ACCA

CIMA

Tools

Forecasting Tools

Reporting Tools

Job description

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About Allica Bank

Allica is the UK’s fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech.

Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.

Department Description

The Finance & Treasury function covers a broad spectrum of financial responsibilities for the Bank. Under the leadership of the CFO and the finance department heads, the team is responsible for equity raising and investor relations; treasury and liquidity management; prudential risk and regulatory reporting; and financial reporting, financial planning, and tax management activities.

Role Description

The successful candidate will be an integral part of the FP&A team in a rare role in industry. The individual will be involved and have exposure to a wide breadth of activities including forecasting and budgeting, cost optimisation and driving efficiency & productivity in a high growth environment. This will include process design and system implementation to support senior stakeholders deliver on strategic goals for the Bank.

Principal Accountabilities

• Cost reporting and analysis
• Ownership of monthly reporting of all operating expenses in the Bank
• Supporting Financial Control team during month end close in advisory capacity
• Conducting variance analysis, identifying risk and opportunities
• Maintaining unit cost allocation model including Cost to Serve and Cost of Acquisition
• Forecasting and budgeting
• Preparing frequent forecasts of all operating expenses using varied approaches depending on cost type
• Reviewing forecast with Budget Owners, ensuring forecasts are in line with business plans
• Conducting Sensitivity Analysis
• Business Partnering
• Providing ad hoc analysis and modelling to support business decision making
• Process and system improvements
• Assisting in re-design of cost forecasting process and monthly reporting to stakeholders
• Supporting new system implementation
• Championing continuous improvements, introducing best in class FP&A processes

Personal Attributes & Experience

• Experience as a Finance/FP&A Analyst with extensive exposure to costs
• Professional qualification (ACA/ACCA/CIMA) or highly experienced Finance professional
• Strong analytical skillset, including the utilisation of data and forecasting & reporting tools
• Ability to work autonomously and be initiative-taking as required whilst working well within a team
• Effective time management skills with the ability to manage multiple priorities to meet tight deadlines
• Strong communication skills, ability to interact with non-Finance stakeholders and build relationships
• Professional curiosity, asking “why” and “so what” type of questions, not accepting status quo

Working at Allica Bank

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.

Our employees are at the heart of everything we do, so our benefits are designed with you in mind:

• Full onboarding support and continued development opportunities
• Options for flexible working
• Regular social activities
• Pension contributions
• Discretionary bonus scheme
• Private health cover
• Life assurance
• Family friendly policies including enhanced Maternity & Paternity leave

Don’t tick every box?

Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit, we’d still love to hear from you!

Flexible working

We know the ‘9-to-5’ isn’t right for everyone. That’s why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and, if we can, we will do our best to accommodate.

Diversity

We’re a diverse bunch here at Allica, with all kinds of experiences, backgrounds and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance