At a Glance
- Tasks: Transform complex financial data into actionable insights and support strategic decision-making.
- Company: Join iwoca, a fast-growing fintech company with a collaborative and innovative culture.
- Benefits: Enjoy flexible hours, medical insurance, generous holiday, and a learning budget.
- Other info: Hybrid working model with opportunities for career growth and exciting company retreats.
- Why this job: Make a real impact on financial forecasting while leveraging AI in a dynamic environment.
- Qualifications: Strong analytical skills, attention to detail, and proficiency in Excel; experience with Looker or Snowflake is a plus.
The predicted salary is between 50000 - 60000 £ per year.
Overview
The FP&A team drives strategic decision making through forecasting, analysis, and performance reporting. As a member of this team you’ll translate complex financial data into useful management information, support annual budgeting, and partner with the FP&A Manager and other finance functions across iwoca.
Responsibilities
- Prepare the monthly operating model, including reconciliations to accounting software and posting journals required to complete the model.
- Contribute to and improve forecasting methodology.
- Assist in developing and maintaining data pipelines.
- Assist in preparing monthly board documentation and interim and year‑end budget documents.
- Identify and rectify issues or areas for improvement in the operating model.
- Identify and build datasets that enhance the operating model.
- Liaise with departments across the business to:
- Understand business developments and their impact on operating model inputs.
- Identify inconsistencies between model forecasts and those used by wider business to improve reporting accuracy.
- Understand each department’s reporting requirements to increase communication quality.
- Provide reporting to external stakeholders.
- Use AI tools to explore data, generate insights, and improve workflows, driving faster and more accurate analysis.
Data engineering and product development
- Contribute to building iwoca’s forecasting platform.
- Design features, using AI tools to test and build.
- Integrate with third‑party tools such as Looker, Snowflake, and NetSuite.
Qualifications
- Good analytical skills with a high level of accuracy and attention to detail.
- A growth mindset and ability to improve and develop processes as the company grows.
- Ability to work to deadlines and manage stakeholder expectations.
- Quick learner who embraces change in an innovative, fast‑growing environment.
- Proficient user of Excel.
- Experience with Looker, Snowflake or equivalent is desirable.
- Willingness and curiosity to leverage AI to maximise quality, speed and rigour.
Hybrid working model: expected to attend the London office twice a week.
Benefits
- Flexible working hours.
- Medical insurance from Vitality, including discounted gym membership.
- Private GP service for you, your partner and dependents.
- 25 days’ holiday per year, an extra day off for your birthday, option to buy or sell an additional five days of leave and unlimited unpaid leave.
- One‑month fully paid sabbatical after four years.
- Instant access to external counselling and therapy sessions.
- 3% pension contributions on total earnings.
- Employee equity incentive scheme.
- Generous parental leave and nursery tax benefit scheme.
- Electric car scheme and cycle‑to‑work scheme.
- Two company retreats a year.
- Learning and development budget, company‑wide talks, and access to learning platforms.
Financial Forecasting Analyst in City of Westminster employer: Iwoca
At iwoca, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. As a Financial Forecasting Analyst, you'll benefit from flexible working hours, comprehensive medical insurance, and generous leave policies, including a fully paid sabbatical after four years. Our commitment to employee growth is evident through our learning and development budget, access to innovative tools, and the opportunity to collaborate across departments in a fast-paced, supportive environment in London.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Forecasting Analyst in City of Westminster
✨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 Iwoca. 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 Financial Forecasting Analyst in City of Westminster
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 Iwoca.
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 Iwoca'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 Iwoca
✨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 Iwoca.
✨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 Iwoca 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 Iwoca 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.
