At a Glance
- Tasks: Create and maintain financial reports while improving processes through technology.
- Company: Join Magnit, a leader in workforce management with over 30 years of experience.
- Benefits: Enjoy competitive PTO, medical coverage, and discounts on travel and merchandise.
- Why this job: Make a real impact in a collaborative environment that values growth and innovation.
- Qualifications: Bachelor's degree in Business or Finance with 2+ years in a similar role.
- Other info: Magnit promotes diversity and supports community volunteering initiatives.
The predicted salary is between 43200 - 72000 £ per year.
Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success.
What You Will Do:
- Create and maintain internal reporting packages throughout the month and immediately following the monthly, quarterly, and annual financial closes.
- Understand and analyze existing processes and utilize technology to develop process improvements that will allow for automation, time savings and/or enhanced the level of reporting and visibility.
- Enhance the reporting functions across entire accounting/finance organization.
- Use technology to design and develop accounting processes and procedures to ensure effectiveness, timeliness, and fidelity of financial information while still maintaining compliance with internal controls.
- Implement industry standard best practices across existing workflows with a focus on optimization and the reduction of manual processes.
- Create a deep understanding of our business at the client and category levels and use that knowledge to partner with our client services teams to forecast future revenue and GP.
- Draft documentation based on current and projected financial results and act as a technical resource to a variety of stakeholders.
- Direct and assist in various ad hoc projects when required.
What You Will Need:
- Bachelor/Master’s degree in a Business, Finance, or equivalent education and experience.
- Minimum 2 plus years of experience as a business analyst or similar experience.
- Minimum 2 plus years experience working in large enterprise/Fortune 500 environment.
Required Skills and Competencies:
- Experience working with a wide range of personnel, including business sponsors, product owners, project managers, development teams, and end users at all levels of the organization.
- Logical and systematic analysis and logical thinking with the ability to communicate complex processes or ideas in a simple straightforward manner.
- Professional written and verbal communication skills to effectively convey advanced analytical and technical topics that are grounded in solid problem-solving skills.
- Analysis, requirement definition, testing to optimize and automate system administration and business process activities.
- Liaison between teams overseeing scheduling, testing, and defining ramifications to the business program area’s IT portfolio.
- Expert working knowledge with MS Office (Office 365), SharePoint, and Microsoft Excel.
What Magnit will Offer You:
At Magnit, you’ll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails! Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more!
Magnit encourages employees to participate in giving back, and we will match employee contributions to favourite charities and support corporate volunteering hours to make a difference in your community!
To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion. As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
Senior Analyst, FP & A employer: Magnit
Contact Detail:
Magnit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Analyst, FP & A
✨Tip Number 1
Familiarise yourself with Magnit's integrated workforce management platform. Understanding how it operates and its key features will help you demonstrate your knowledge during interviews and show that you're genuinely interested in the role.
✨Tip Number 2
Network with current or former employees of Magnit on platforms like LinkedIn. Engaging with them can provide you with insider insights about the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your analytical skills and be prepared to discuss specific examples of how you've used data to drive decision-making in previous roles. This will showcase your ability to meet the demands of the Senior Analyst position effectively.
✨Tip Number 4
Stay updated on industry trends related to workforce management and financial analysis. Being knowledgeable about current challenges and innovations in the field will allow you to speak confidently about how you can contribute to Magnit's success.
We think you need these skills to ace Senior Analyst, FP & A
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business analysis and finance. Emphasise your skills in reporting, process improvement, and any experience with large enterprises or Fortune 500 companies.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your background aligns with Magnit's mission. Mention specific examples of how you've used technology to improve processes or reporting in previous roles.
Showcase Technical Skills: Highlight your proficiency in MS Office, especially Excel, as well as any experience with SharePoint. If you have experience with data analysis tools or software, be sure to mention that too.
Prepare for Potential Questions: Think about how you would explain complex financial concepts in simple terms. Be ready to discuss your problem-solving skills and provide examples of how you've successfully collaborated with various teams in the past.
How to prepare for a job interview at Magnit
✨Understand the Role
Before your interview, make sure you have a solid grasp of what the Senior Analyst role entails at Magnit. Familiarise yourself with their integrated workforce management platform and how it impacts financial reporting and analysis.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples from your past experience where you've successfully analysed data or improved processes. Highlight your logical thinking and problem-solving abilities, as these are crucial for the role.
✨Familiarise Yourself with Relevant Tools
Since the role requires expertise in MS Office, SharePoint, and Excel, be ready to demonstrate your proficiency with these tools. Consider preparing a brief example of how you've used them to enhance reporting or automate processes in previous roles.
✨Communicate Clearly
Practice explaining complex financial concepts in a straightforward manner. The ability to communicate effectively with various stakeholders is essential, so ensure you can convey your thoughts clearly and concisely during the interview.