At a Glance
- Tasks: Lead insightful financial reporting and strategic planning for Group Functions.
- Company: Join a leading finance division with a focus on innovation and collaboration.
- Benefits: Generous pension, annual bonus, share schemes, and 30 days holiday.
- Other info: Dynamic team environment with opportunities for personal growth and improvement.
- Why this job: Make a real impact in finance while developing your skills and career.
- Qualifications: Finance professional with strong analytical and stakeholder management skills.
The predicted salary is between 55000 - 65000 £ per year.
About this opportunity: We’re part of the Group Cost & Investment Finance Division and the role sits within a Centre of Excellence (CoE) within Group Cost Management, reporting to the Senior Finance Manager for Group Functions Planning and Analysis. The CoE provides a service dedicated to enabling and serving Finance Business Partners, made up of three teams: the Planning and Analysis (P&A) team, the Reporting and Controls (R&C) team, and the Performance Improvement (PI) team.
We’re looking for someone who can:
- Lead on the production and development of insightful reporting and MI packs for e.g. Flash, month end and planning rounds.
- Lead on the production of forecasting and strategic 4-year plans, working closely with our Finance Business Partners to provide the relevant insight and analysis to assist them to have the right conversations with their respective business areas.
- Review, investigate and challenge material exceptions and provide high quality commentary.
- Creation of scenario modelling and analysis for FBPs to support in other ad hoc analysis.
- Exercising robust controls and review processes to ensure the information provided is of a high standard.
Team Support
- Actively assist and empower junior colleagues to assist in the creation of a successful and engaged team to achieve objectives and deliver with impact.
- Review and oversight of junior colleagues’ outputs, and timely escalation to appropriate management for issue resolution.
- Continuously promote and embed a process improvement culture within the team.
- Embody the Lloyds values of People First, Bold, Inclusive, Trust and Sustainable.
Stakeholder Management
- Represent Group Cost Management across all key stakeholders, including the Costs CoE teams, Finance Business Partners, Cost Distributions and Group Planning and Reporting teams.
- Build and maintain regular contact and strong working relationships with key stakeholders.
- Provide insightful information, guidance and advice to influence and aid stakeholder decisions.
Working in the Group Cost & Investment team provides a fantastic opportunity to develop an understanding of the overall Divisional P&L, how this business operates and what influences the financial results, as well as gain exposure across the wider organisation. You'll primarily be focussing on end-to-end cost management for the Group Functions areas.
What you'll need:
- Finance professional, with a track record of personal growth and achievement; Technical experience includes Financial Control specific accountabilities i.e. Month End Reporting, Planning / Forecasting, Analytical Review and Reconciliations & Control.
- Fantastic stakeholder management skills, with the ability to build and maintain a cross functional network.
- Curiosity and enthusiasm to understand, challenge, influence and agree actions in relation to business financial performance.
- Good team working ethos and ability to motivate those around you.
- Ability to inspire continuous improvement in our systems and processes.
- Understanding of Oracle and/or Finance Systems and Software.
- Understanding of, and agreement to, LBG's vision and values.
Benefits
- A generous pension contribution of up to 15%.
- An annual bonus award, subject to Group performance.
- Share schemes including free shares.
- Benefits you can adapt to your lifestyle, such as discounted shopping.
- 30 days’ holiday, with bank holidays on top.
- A range of wellbeing initiatives and generous parental leave policies.
Finance Manager, Group Functions, Planning and Analysis employer: Lloyds Banking Group
As a Finance Manager within the Group Cost & Investment team, you will thrive in a dynamic Centre of Excellence that champions personal growth and collaboration. Our inclusive work culture prioritises employee wellbeing, offering generous benefits such as a substantial pension contribution, flexible lifestyle perks, and 30 days of holiday, ensuring you have the support needed to excel in your role while fostering strong stakeholder relationships across the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager, Group Functions, Planning and Analysis
✨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 Lloyds Banking 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 Finance Manager, Group Functions, Planning and Analysis
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 Lloyds Banking 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 Lloyds Banking 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 Lloyds Banking 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 Lloyds Banking 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 Lloyds Banking 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 Lloyds Banking 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.
