At a Glance
- Tasks: Analyse and report on expenses, ensuring accuracy and efficiency in financial processes.
- Company: Join Beazley, a leading specialist insurance company with a collaborative culture.
- Benefits: Enjoy competitive salary, flexible working, free lunches, and strong wellbeing support.
- Why this job: Make a real impact in finance while developing your skills in a dynamic environment.
- Qualifications: Qualified accountant with experience in financial services or insurance.
- Other info: Flexible work options and a commitment to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
Key Relationships: Finance (incl. Financial Performance team), Accounts Payable, BSS Business Function Heads, BSS Business Managers and other Business Users.
Job Summary: Specialist insurance company Beazley is seeking an Expense Analyst to support the accurate and timely delivery of the Beazley Shared Services (BSS) expense actuals & planning processes. This is mainly centred around month end processes and landing a month end position (with ledger entries), reconciliations & variance analysis and analytics reporting.
Reporting to the Expense Business Partner, this handsāon role is responsible for processing, analysing, and reporting on BSS expenses. This includes data entry, running reports and preparing presentations using Finance systems (Workday Financials / Adaptive Planning). This role is ideal for someone with strong attention to detail, analytical skills, and a desire to develop within a finance function.
Key Activities & Areas of Responsibility:
- Provide direct support to decision makers.
- Support the delivery of the Expense Actuals process in accordance with preāapproved timetables.
- Support Purchase Order compliance and uptake, variance analysis with robust and detailed commentary, running analytical processes & embedding the controls and governance framework.
- Support the delivery of the Expense planning process in accordance with preāapproved timetables.
- Continuously strive to develop reporting capabilities and dashboards for process efficiency and reporting effectiveness.
- Enable rapid interpretation / updates and support via a continuous feedback loop with all stakeholders.
- Effectively communicate to stakeholders by using visuals and storyātelling techniques.
- Ensure appropriate control framework is in place to ensure accuracy of reporting.
- Ownership, and development, of the process documentation framework in place for responsibilities.
- Facilitate the creation of digital decision support tools.
- Utilise new technology to continue to enhance the current BSS offering.
- Work with the Change Team to ensure that decision support tools provide actionable advice.
- Assist in developing change management strategies to facilitate the adoption of new tools and processes.
- Assist in defining success criteria for Performance Management tools.
Core competencies:
- Financial planning and analysis expertise.
- Strategic thinking and business acumen.
- Communication and storytelling.
- Advanced technology literacy/proficiency.
- Problemāsolving.
- Relationship building and collaboration.
- Continuous improvement.
- Professionalism.
- Learning and development.
- Adaptability.
- Responsibility and Accountability.
General: It is important that within all your interactions both internally and externally you adhere Beazleyās core values - Being Bold, Striving for Better, and Doing the Right Thing.
Essential Criteria:
- Experienced qualified accountant (ACA/ACCA/CIMA).
- Experience of the financial services or insurance market (preferably Lloydās).
- Experience of Expense roles within complex insurance organisations and knowledge of accounting policies adopted.
Personal Specification: We are a flexible and innovative employer offering a friendly, collaborative, diverse and inclusive working environment. We actively encourage and expect applications from all backgrounds.
Education and Qualifications: Experienced qualified accountant (ACA/ACCA/CIMA).
Capabilities: Coaching & leadership skills, Stakeholder management and relationship building, Customer focus with strong attention to detail, Understanding of controls frameworks including documentation, Experience of a deadline driven environment, Analytical / Problem solving / Decision making, Creativity / Innovation.
Finance Expense Analyst - 12 Month FTC in London employer: Beazley Management Limited
Contact Detail:
Beazley Management Limited Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Finance Expense Analyst - 12 Month FTC in London
āØTip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Beazley or similar companies. A friendly chat can sometimes lead to insider info about job openings or even a referral.
āØTip Number 2
Prepare for interviews by brushing up on your analytical skills and financial knowledge. Be ready to discuss how you can contribute to month-end processes and variance analysis. Show them youāre not just a number cruncher but a strategic thinker!
āØTip Number 3
Donāt underestimate the power of storytelling in your interviews. Use examples from your past experiences to illustrate how youāve tackled challenges in expense reporting or financial planning. Make it relatable and engaging!
āØTip Number 4
Finally, apply through our website! Itās the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Finance Expense Analyst - 12 Month FTC in London
Some tips for your application š«”
Tailor Your CV: Make sure your CV is tailored to the Finance Expense Analyst role. Highlight your experience with expense actuals, budgeting, and forecasting processes. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to tell us why you're the perfect fit for this role. Use it to showcase your analytical skills and attention to detail, and donāt forget to mention any relevant experience in financial services or insurance.
Showcase Your Tech Savvy: Since weāre all about using technology to enhance our processes, make sure to mention any experience you have with finance systems like Workday Financials or Adaptive Planning. We love candidates who can leverage tech for better outcomes!
Apply Through Our Website: We encourage you to apply directly through our website. Itās the best way to ensure your application gets into the right hands. Plus, it shows us youāre serious about joining our team at Beazley!
How to prepare for a job interview at Beazley Management Limited
āØKnow Your Numbers
As a Finance Expense Analyst, you'll be dealing with numbers all day. Brush up on your financial metrics and be ready to discuss how you've used them in past roles. Beazley will appreciate your ability to analyse expense actuals and variance analysis, so come prepared with examples.
āØMaster the Tools
Familiarise yourself with Workday Financials and Adaptive Planning before the interview. If you can demonstrate your proficiency with these systems, itāll show that you're ready to hit the ground running. Bring up any relevant experience you have with similar tools to impress your interviewers.
āØTell a Compelling Story
Beazley values communication and storytelling skills. Prepare to share experiences where you effectively communicated financial insights or led a project. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make your stories engaging.
āØShow Your Problem-Solving Skills
Expect questions that assess your analytical and problem-solving abilities. Think of specific challenges you've faced in previous roles and how you overcame them. Highlight your strategic thinking and adaptability, as these are key competencies for the role.