At a Glance
- Tasks: Analyse costs, manage budgets, and optimise financial processes for impactful decision-making.
- Company: Join a leading finance team in a dynamic Corporate and Investment Banking environment.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Be part of a proactive team that values resilience and analytical skills.
- Why this job: Make a real difference in financial reporting and cost efficiency while collaborating with diverse teams.
- Qualifications: Must hold a relevant professional qualification and have experience in finance within banking.
The predicted salary is between 60000 - 80000 € per year.
Key Responsibilities
- Cost Analysis & Modelling: Run and maintain complex cost allocations, perform variance analysis, and recommend cost efficiencies through critical analysis of direct and indirect costs.
- Financial Reporting: Take end-to-end ownership of Statutory (HFM) and Regulatory (Bank of England) reporting, including variance commentary and promotion.
- Budgeting & Forecasting: Compile annual budgeted numbers and monthly forecasts, including the management of the cost model tool and input into HFM.
- Control & Risk Management: Design and implement financial controls and processes to ensure the integrity, accuracy, and validity of financial reporting.
- Stakeholder Partnership: Establish productive partnerships with regional and group finance teams, advising on headcount allocation and responding to stakeholder analysis requirements.
- Process Optimisation: Identify and implement process improvements through the automation of manual activities and management of finance-related projects.
Essential Qualifications and Experience
- Professional Qualification: Must hold an ICAEW, ACCA, CA(SA), CIMA, or CFA qualification.
- CIB Experience: Proven experience in a finance role within a regulated Corporate and Investment Banking environment.
- Technical Skills: Advanced Excel knowledge and a strong understanding of costing, budgeting, and financial modelling.
- Accounting Knowledge: Expertise in technical accounting standards relevant to costs, such as IFRS16 (lease accounting) and IAS36 (Value in use).
- Group Structures: Understanding of tax and transfer pricing principles within multi-jurisdictional group legal structures.
- Systems: Experience with ERP systems is essential, while knowledge of Oracle Fusion and HFM is highly advantageous.
Core Competencies
The successful candidate will be a proactive and resilient team player with excellent analytical skills and attention to detail. You must be able to prioritise effectively in a deadline-driven environment and communicate effectively to influence win-win agreements across the business.
Finance Business Partner - Cost employer: JSS
As a Finance Business Partner in our dynamic Corporate and Investment Banking environment, you will thrive in a culture that values collaboration, innovation, and professional growth. We offer competitive benefits, including ongoing training and development opportunities, ensuring you can advance your career while contributing to meaningful financial strategies. Located in a vibrant city, our workplace fosters a supportive atmosphere where your expertise in cost analysis and financial reporting will be recognised and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Business Partner - Cost
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in Corporate and Investment Banking. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Show off your skills! Prepare a portfolio or presentation that highlights your cost analysis and financial modelling expertise. When you get the chance to meet potential employers, this will set you apart from the crowd.
✨Tip Number 3
Practice makes perfect! Get ready for interviews by rehearsing answers to common finance questions, especially around budgeting and forecasting. The more confident you are, the better you'll perform when it counts.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly shows your enthusiasm and commitment to joining our team. Don’t miss out!
We think you need these skills to ace Finance Business Partner - Cost
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience in cost analysis, financial reporting, and budgeting. We want to see how your skills align with what we're looking for!
Showcase Your Qualifications:Don’t forget to mention your professional qualifications like ICAEW or ACCA. We’re keen on seeing how your credentials fit into the finance world, especially in a regulated environment like ours.
Be Specific About Your Experience:When detailing your past roles, focus on specific achievements related to cost efficiencies and process optimisation. We love numbers, so if you can quantify your successes, even better!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at JSS
✨Know Your Numbers
Make sure you brush up on your financial analysis skills, especially around cost allocations and variance analysis. Be ready to discuss specific examples from your past experience where you've successfully identified cost efficiencies or managed complex financial models.
✨Master the Technical Skills
Since advanced Excel knowledge is crucial for this role, practice using Excel for budgeting and forecasting tasks. Familiarise yourself with financial modelling techniques and be prepared to demonstrate your proficiency during the interview.
✨Understand the Regulatory Landscape
Get a good grasp of statutory and regulatory reporting requirements, particularly those relevant to the Bank of England. Being able to discuss how you've handled similar reporting in the past will show that you’re well-prepared for the responsibilities of the role.
✨Build Your Stakeholder Strategy
Think about how you can establish productive partnerships with finance teams. Prepare examples of how you've effectively communicated and collaborated with stakeholders in previous roles, as this will highlight your ability to influence and drive win-win agreements.
