Finance Analyst

Finance Analyst

Full-Time 53000 £ / year No home office possible
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At a Glance

  • Tasks: Join our team to analyse financial data and support project managers in the defence sector.
  • Company: Be part of a dynamic organisation dedicated to national security and innovation.
  • Benefits: Enjoy flexible working options, competitive salary, and opportunities for professional growth.
  • Why this job: Make an impact by ensuring financial accuracy and supporting vital defence projects.
  • Qualifications: A relevant Bachelor's degree and experience in program management or cross-functional collaboration required.
  • Other info: Lead quarterly cost reviews and contribute to budgeting processes in a fast-paced environment.

Our client, an organisation within the defence sector is looking for a Finance Analyst to join their dynamic team.

Job Description:

  • Review program costs and estimates, offering support and constructive challenges to Project Managers (PMs) and Work Package Managers.
  • Monitor weekly/monthly timesheet entries and cross-check them against program schedules to ensure accuracy in labor cost allocation.
  • Track and analyze actual program financials compared to the original bid and updated forecasts.
  • Maintain and update financial schedules and sub-ledgers, with a focus on program-related financial reporting.
  • Conduct variance analysis on costs, scope, and schedules, and report any associated risks.
  • Identify discrepancies and collaborate with project management to resolve outstanding issues.
  • Assess program resource requirements and compare them with the actual resources allocated to the program.
  • Prepare financial reports for customers in accordance with program contract obligations.
  • Oversee program cash flow reports and perform gross margin analysis.
  • Assist Program Managers with customer communications when needed.
  • Support Program Managers with project tracking and Excel-based reporting tools.
  • Contribute to the program budgeting and forecasting process.
  • Provide regular program reports to PMs and senior management as requested.
  • Lead formal quarterly Program Cost Reviews.
  • Provide detailed program input for FP&A processes, including budgeting and forecasting.
  • Coordinate and ensure timely completion of program invoicing, monitor unpaid invoices, and assist in resolving overdue payments.
  • Support the month-end financial close process.

Qualifications:

  • A Bachelor's degree in a relevant field, coupled with experience in program management or in cross-functional roles that collaborate with program management teams.

Finance Analyst employer: Barclay Meade

Our client is an exceptional employer within the defence sector, offering a collaborative and innovative work culture that values employee contributions and fosters professional growth. Located in a dynamic environment, employees benefit from comprehensive training opportunities, competitive remuneration, and a commitment to work-life balance, making it an ideal place for Finance Analysts seeking meaningful and rewarding careers.
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Contact Detail:

Barclay Meade Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Analyst

✨Tip Number 1

Familiarise yourself with the defence sector and its financial regulations. Understanding the specific challenges and requirements of this industry will help you stand out during discussions with potential employers.

✨Tip Number 2

Brush up on your Excel skills, especially in relation to financial modelling and reporting. Being proficient in Excel-based reporting tools is crucial for a Finance Analyst role, and showcasing this skill can give you an edge.

✨Tip Number 3

Network with professionals in the finance and defence sectors. Attend industry events or join relevant online forums to connect with people who can provide insights or even refer you to job openings.

✨Tip Number 4

Prepare to discuss your experience with variance analysis and financial reporting in detail. Be ready to share specific examples of how you've contributed to budgeting and forecasting processes in previous roles.

We think you need these skills to ace Finance Analyst

Financial Analysis
Cost Estimation
Variance Analysis
Budgeting and Forecasting
Excel Proficiency
Attention to Detail
Project Management Support
Cash Flow Management
Risk Assessment
Communication Skills
Problem-Solving Skills
Collaboration with Cross-Functional Teams
Report Preparation
Time Management
Knowledge of Financial Reporting Standards

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to understand the key responsibilities and qualifications required for the Finance Analyst position. Tailor your application to highlight relevant experiences that align with these requirements.

Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in finance, program management, or roles that involved collaboration with project management teams. Use specific examples to demonstrate your skills in financial analysis and reporting.

Showcase Analytical Skills: Since the role involves variance analysis and financial reporting, make sure to mention any analytical tools or software you are proficient in, such as Excel. Provide examples of how you've used these skills in past roles to support your application.

Craft a Strong Cover Letter: Write a compelling cover letter that not only summarises your qualifications but also expresses your enthusiasm for the role and the organisation. Mention how your background makes you a great fit for their dynamic team in the defence sector.

How to prepare for a job interview at Barclay Meade

✨Know Your Numbers

As a Finance Analyst, you'll be dealing with a lot of financial data. Brush up on your understanding of financial metrics, variance analysis, and cash flow reports. Be prepared to discuss how you've used these in past roles.

✨Understand the Defence Sector

Familiarise yourself with the defence sector and its unique financial challenges. Research current trends and issues within the industry to demonstrate your interest and knowledge during the interview.

✨Showcase Your Analytical Skills

Be ready to provide examples of how you've tracked and analysed financials in previous positions. Highlight any experience you have with Excel-based reporting tools, as this will be crucial for the role.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Prepare to discuss how you would handle discrepancies in financial reports or how you would support project managers in resolving outstanding issues.

Finance Analyst
Barclay Meade
B
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