Analyst - Commercial Finance

• Department: Accounts
• Company: Canary Wharf Limited
• Reporting to: Associate Director - Commercial Finance (Developments)
• Job Summary

The Analyst – Commercial Finance (Development & Construction) supports the financial management and reporting of CWG's development and construction portfolio.

Working closely with the Senior Finance Business Partner and Senior Manager the role is responsible for maintaining and improving forecast models, managing large volumes of financial data, supporting reporting processes and ensuring the accuracy, consistency and integrity of financial information used in decision-making.

A key focus of the role is developing robust, efficient and well-controlled forecasting and reporting processes.

The successful candidate will have strong Excel and data management skills, with the ability to organise, analyse and reconcile complex datasets, identify trends and discrepancies, and ensure information flows smoothly between development models, finance systems and reporting outputs.

The role provides exposure to stages of the development lifecycle and supports forecasting, business planning, cashflow reporting, valuations, funding activities and Board reporting across the portfolio.

The successful candidate will develop a strong understanding of development appraisals, project cashflows, funding structures and property valuations while contributing to continuous improvement, automation and standardisation across finance processes and systems.

This role is designed to provide a clear development pathway towards Finance Business Partner and Senior Finance Business Partner positions,

• Salary £50-65k DOE
• 4 days office / 1 WFH
• Main Responsibilities
• Forecasting & Financial Reporting
• Support the preparation and maintenance of project forecasts, including budgets, actual costs and forecast costs to complete.
• Update and reconcile quarterly development cashflows and assist with quarterly reforecasting and annual business planning processes.
• Perform variance analysis against budgets and prior forecasts, highlighting key movements and risks.
• Assisting in the preparation of Development and Construction slides in the Board Pack.
• Valuations, Funding & Liquidity
• Support the preparation of valuation inputs, including capital expenditure to date and forecast costs to complete.
• Assist with lender reporting, debt drawdown requests and funding reconciliations.
• Support liquidity forecasting by maintaining accurate project cashflow information and ensuring data is correctly reported in Anaplan.
• Prepare analysis relating to debt, equity funding requirements and project returns.
• Governance & Controls
• Maintain reconciliations between development models, project forecasts and accounting records.
• Support reviews of development expenditure approvals and budget revisions.
• Assist in ensuring financial data is accurate, complete and consistent across all systems and reports.
• Identify discrepancies and elevate issues to the Senior Manager where appropriate.
• Systems & Process Improvement
• Support the maintenance and development of Anaplan, Yardi and other financial reporting tools.
• Assist with data uploads, downloads, reconciliations and reporting processes.
• Contribute to process improvement initiatives that increase efficiency, consistency and automation (e. g. automating forecasting in Anaplan, DEX process and drawdown process automation in Yardi).
• Develop reporting dashboards and analysis tools where appropriate.
• Business Partnering & Stakeholder Support
• Build effective working relationships with Development Managers, Construction Managers, Financial Accounts, Treasury, FP&A and Development Finance teams.
• Support the preparation of information for Boards, Shareholders, JV partners and lenders.
• Respond to stakeholder requests for financial information and analysis.

Assist the Senior Manager and wider Commercial Finance team with ad-hoc commercial analysis and decision support

PERSON SPECIFICATION

• Strong numerical, logical and analytical reasoning skills.
• Strong Excel skills and an exposure to P&L, Cashflow and Balance Sheet forecasts.
• Understanding of accounting principles.
• Problem solving mindset with the ability to diagnose issues that are not immediately obvious.
• Process improvement experience / continuous improvement frame of mind.
• Ability to build positive, collaborative relationships with colleagues and stakeholders.
• Strong attention to detail.
• Advantageous to have experience building financial models.
• Advantageous to have experience of Anaplan, Yardi or similar finance systems.
• Committed to continuous improvement and innovation.
• Health Safety And Welfare Responsibilities

All staff are required to fulfil their legal duty to take reasonable care for the health and safety of themselves and others who may be affected by their acts and omissions, and to follow all guidance and instructions given in this respect.

Further details regarding Health & Safety responsibilities are set out in the Health & Safety Policy in the Administrative Rules and Procedures, and the Health, Safety & Welfare Manual.

Environmental, Social & Governance (esg) Responsibilities

Recognising the centrality of ESG principles within our organisation, we have developed a comprehensive ESG Strategy.

It is imperative that all staff members understand and adopt this strategy into their respective roles.

This includes adhering to environmental regulations, minimising waste, supporting nature within our urban environment, and facilitating positive change for those in need within our community and utilising our volunteering.

Quality Management Responsibilities

In line with the latest ISO 9001 requirements and our dedication to quality management, all staff are mandated to comply with system requirements as detailed within the Company Quality Manual & Policies.

Additionally, it's vital to ensure the effective implementation of all Procedures, Plans, and Forms within our Electronic Document Management Systems (EDMS) to meet the ISO 9001: Quality Management Standard.

• Company Values
• Commit to Excellence
• Act with integrity and deliver high performance
• Put our customers at the heart of what we do
• Resolve issues by providing high quality solutions
• Foster Collaboration
• Find opportunities to collaborate with others across the business to achieve shared goals
• Encourage inclusive networks and treat others with respect and fairness
• Use knowledge to work effectively with suppliers / contractors to meet shared goals
• Encourage Engagement
• Confident in making decisions appropriate to the role
• Learn from mistakes and listen to constructive feedback to improve performance
• Prioritise safety and actively support community, wellbeing and sustainability programmes
• Take Ownership
• Take pride in delivering high quality service which exceeds expectations
• Committed to opportunities for self-development
• Take responsibility for my own performance and look for ways to improve
• Embrace Innovation
• Embrace change and innovation
• Proactively suggest ways to improve our business and encourage others to share ideas
• See new challenges as opportunities to deliver effective change

What We Offer

Diversity and Inclusion

We recognise the importance of embracing diverse experience, skills and perspectives at all levels and operating in an inclusive working environment, in order for everyone to reach their full potential.

We also recognise that it makes business sense, since being an inclusive employer leads to better business performance and higher levels of employee engagement and satisfaction.

We welcome applicants with diverse backgrounds, perspectives and skills and are committed to fostering a culture whereby everyone can reach their full potential.

Flexible Working

As an inclusive employer, we recognise the positive impact flexible working can have on an individual, their wellbeing, engagement and productivity.

Therefore, we are open to consider flexible working arrangements, both temporary or permanent.

Learning and Development

At Canary Wharf Group, our employees receive a wide range of support to help improve their skills and achieve their career goals.

We offer development opportunities through classroom and e-learning training, mentoring, cross department experience and on the job learning.

We heavily invest in our staff attaining accreditations to develop existing and new skills, support chartered status, sponsorships and provide further educational opportunities which are job and business related.

We never stand still and continually invest in developing skills and knowledge to ensure individual and company growth.

Other Benefits

We are committed to building a safe, happy and healthy community for our employees and we offer a comprehensive range of benefits, all designed with our employees and their wellbeing in mind.

From generous pension and insurance plans, to health benefits, subsidised gym membership, store discounts and family leave, our benefits package allows our employees to choose the benefits that suit them and their individual needs.

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