At a Glance
- Tasks: Analyse financial data to help drive business profitability and support senior management decisions.
- Company: Join a leading global financial services company with a dynamic work culture.
- Benefits: Gain valuable experience, competitive pay, and opportunities for professional growth.
- Other info: Exciting role with opportunities to learn and contribute in a competitive environment.
- Why this job: Be part of a fast-paced team making impactful financial decisions in a major industry.
- Qualifications: Part/Newly Qualified (ACCA/CIMA) with strong Excel skills and attention to detail.
The predicted salary is between 36000 - 60000 £ per year.
The Front Office FP&A team analyse and interpret financial and non-financial information to enable Senior Management and the front office to evaluate, control and maximise business profitability. The department is responsible for reporting all group business units across Europe, US and Asia/Pacific to Executive Managing Directors, the Chief Operating Officer and Chief Financial Officer.
In terms of primary functions, the FP&A team are responsible for:
- Preparation and presentation of monthly Front Office Executive packs
- Detailed analysis of performance trends and profitability vs comparatives and forecast
- Monthly analysis of front office compensation ratios and impact on group profitability
- Weekly performance review with regional Business Managers
- Preparation of front office forecasts and actual v budget analysis
- Daily revenue flash reporting and quarterly revenue projections vs external guidance
- Ad-hoc work as required by the front office and senior management
Key responsibilities include:
- Preparation of global Front Office reporting model and monthly Executive packs
- Preparation of regional brokerage compensation reports, reviewing monthly movements, working closely with Broker Comp team and Business Managers to understand and document one-off and trend variances
- Preparation of forecasts in conjunction with Business Managers
- Analysis and review of support function cost allocations, working with the Group FP&A team to understand all allocated costs within the fully costed front office P&L
- Coordination of enhancement and consistency across the wider Finance MI, including Broker productivity and capture of employee level detail across the finance ledger
- Active role in the development and adoption of Tableau as our primary reporting solution
- Maintenance of front office hierarchies, controls and reconciliations within Insight
- Development and maintenance of Insight reports, working with the business and IT Team
- Preparation and upload of alternate management accounting allocations for support and corporate cost base, along with front office budgets to facilitate reporting directly from Insight
- Undertaking ad-hoc analysis as requests are received from front office and senior management
Skills / experience required:
- Part/Newly Qualified (ACCA/CIMA)
- Must have a keen eye-for-detail to ensure accuracy and integrity of reporting
- Strong MS Excel skills and good all-round IT abilities
- Able to analyse performance by interpreting P&L’s and KPI’s
- Ability to self-manage conflicting workloads to meet deadlines
- Demonstrate a high level of numeric and oral communication skills and able to deal with queries from management
- Experience in Financial Services or similar
- Able to understand the financials being reported and challenge where numbers look unexpected
- Confident in operating in a competitive work environment and the ability to handle challenging situations sensitively
Personal Attributes:
- Commercially minded individual who enjoys working in a fast paced and changing environment
- Interest in working for a major global financial services company
- Ability to work under pressure
- Desire to learn and ability to challenge and contribute to process improvements
Front Office FP&A Analyst employer: BGC Group
BGC Group is an excellent employer, offering a vibrant work culture in the heart of Canary Wharf, London, where innovation and collaboration thrive. Employees benefit from comprehensive training and development opportunities, ensuring personal and professional growth while working alongside industry experts in electronic trading. With a focus on fostering strong client relationships and a commitment to employee well-being, BGC Group stands out as a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Front Office FP&A Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BGC Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Front Office FP&A Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BGC Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BGC Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BGC Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BGC Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BGC Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BGC Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
