At a Glance
- Tasks: Support financial control framework and improve financial processes.
- Company: Join First Central, a leading insurance company driven by data and innovation.
- Benefits: Flexible working arrangements, remote options, and opportunities for career growth.
- Why this job: Make an impact in finance while learning and growing in a supportive environment.
- Qualifications: Analytical skills, attention to detail, and proficiency in Microsoft Office required.
- Other info: Open to job shares; perfect for those seeking a career change.
The predicted salary is between 37000 - 46000 £ per year.
Location: Gibraltar, Guernsey, Haywards Heath, Home Office (Remote) or Manchester
Salary: £37,000 - £46,000 depending on experience
Department: Finance
We’re First Central Insurance & Technology Group (First Central for short), an innovative, market-leading insurance company. We protect the things customers love so they can get on with what matters to them in life. Data drives us. It fuels our outstanding distribution, finance, technology and legal services. Our underwriting skills are built on data expertise; it creates the insights we need to give the right cover to the right customers at the right price. But, it’s the people inside and outside our business that power us. They make us stand out, help us succeed. We’re ambitious. We’re growing. We’ve won awards.
Are you passionate about maintaining strong financial control and making an impact? Do you have an eye for detail and a knack for problem-solving? If so, we’ve got just the role for you! We’re on the lookout for a Financial Control Analyst to join our team. You’ll play a key role in supporting the design and maintenance of our Group’s financial control framework, helping to ensure a robust and well-managed control environment. You’ll work closely with the Financial Controls team to monitor and improve our financial processes, keeping us aligned with our risk appetite and commercial goals.
We know that flexibility is important, and we’re open to job shares and different working arrangements that suit your lifestyle. This role could be a great opportunity for someone looking for a career change, as many of the skills required are transferable – so if you’re up for learning - we can teach you the rest!
You’ll be the perfect person for us if you have:
- Analytical and Organisational Skills – you have the ability to assess financial data, identify trends, and ensure processes run smoothly.
- Attention to Detail – you ensure accuracy in financial controls, documentation, and compliance.
- Strong Communication Skills – you can effectively convey findings and collaborate with teams across the business.
- Proficiency in Microsoft Excel, Word, and PowerPoint – it’s in your backpack – you know your way around for financial analysis, reporting, and documentation.
What’s involved:
- Assist in monitoring the group's financial control framework across finance and the wider business, performing assigned testing and documentation tasks.
- Support the monitoring of key operating financial metrics and escalate any potential issues as directed.
- Assist in administering pillar training and maintaining key policy and procedure documentation.
- Support the collation of evidence for reviews.
- Contribute to reviews of business and finance changes by identifying potential control weaknesses and gaps, under guidance.
- Support investigations and reviews following a material error or omission, gathering information and documentation as required.
- Assist in maintaining finance Key Risk Indicators (KRIs), risk control framework, and key controls by performing assigned tasks and providing supporting documentation.
- Support the ongoing review and continuous improvement of controls for the preparation of financial statements (internal and external reporting) by performing assigned testing and documentation tasks.
- Provide support to other team members as required.
- Assist in monitoring regulatory changes that could impact the group, gathering information and supporting impact assessments.
- Conduct assigned testing and reviews of key financial transactional processing to ensure appropriate controls are in place, documenting findings as directed.
- Contribute to maintaining department risk registers by providing supporting documentation for controls and mitigation actions.
Experience and skills:
- Good experience in internal or external audit is desirable
- Relevant finance and/or risk experience is essential
- Exposure to a group accounting function is desirable
- Proficient in Microsoft applications (Excel, Word, PowerPoint)
- Good analytical, communication, and organisational skills
- Good written and verbal communication skills
- Ability to work effectively under supervision and follow instructions
- Ability to learn quickly and adapt to new situations
Behaviours:
- Attention to detail and a focus on accuracy
- A proactive approach to learning and development
- Ability to work effectively as part of a team
- A willingness to take on new challenges
If this sounds like the perfect role for you, we’d love to hear from you! Apply now and become a valued member of our finance team.
Contact Detail:
First Central Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Control Analyst
✨Tip Number 1
Familiarise yourself with the financial control frameworks commonly used in the insurance industry. Understanding these frameworks will help you speak confidently about how you can contribute to maintaining and improving them at First Central.
✨Tip Number 2
Brush up on your analytical skills by practising with real financial data. Being able to demonstrate your ability to assess trends and identify potential issues will set you apart during discussions with the hiring team.
✨Tip Number 3
Network with professionals in the finance and insurance sectors, especially those who have experience in financial control roles. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 4
Prepare to discuss your problem-solving approach in detail. Think of specific examples where you've identified control weaknesses or improved processes, as this will showcase your proactive mindset and fit for the role.
We think you need these skills to ace Financial Control Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial control, analysis, and any previous roles in audit or finance. Use keywords from the job description to demonstrate that you meet the requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for financial control and your analytical skills. Mention specific examples of how you've successfully managed financial processes or improved controls in past roles.
Highlight Technical Skills: Emphasise your proficiency in Microsoft Excel, Word, and PowerPoint. Provide examples of how you've used these tools for financial analysis and reporting, as this is crucial for the role.
Showcase Soft Skills: In your application, illustrate your strong communication and organisational skills. Mention experiences where you've effectively collaborated with teams or conveyed complex financial information clearly.
How to prepare for a job interview at First Central Services
✨Showcase Your Analytical Skills
As a Financial Control Analyst, your ability to assess financial data is crucial. Be prepared to discuss specific examples where you've identified trends or solved problems using your analytical skills. This will demonstrate your capability to contribute effectively to the team.
✨Emphasise Attention to Detail
Accuracy is key in financial controls. During the interview, highlight instances where your attention to detail has made a significant impact on a project or task. This will reassure the interviewers that you can maintain high standards in documentation and compliance.
✨Communicate Effectively
Strong communication skills are essential for this role. Practice explaining complex financial concepts in simple terms, as you may need to collaborate with various teams. Being able to convey your findings clearly will set you apart from other candidates.
✨Demonstrate Proficiency in Microsoft Applications
Since proficiency in Excel, Word, and PowerPoint is required, be ready to discuss how you've used these tools in previous roles. Consider preparing a brief example of a financial analysis or report you've created, showcasing your technical skills.