At a Glance
- Tasks: Join our FP&A team as a cost financial analyst, focusing on budgeting and performance analysis.
- Company: Schroders is a global investment manager with over 200 years of experience, adapting to change.
- Benefits: Enjoy flexible working in our new HQ in London, with opportunities for professional growth.
- Other info: We value diversity and inclusion, welcoming applicants from all backgrounds.
- Why this job: Be part of a dynamic team that drives financial insight and supports strategic objectives.
- Qualifications: Ideal candidates are newly qualified accountants with strong analytical skills and Excel proficiency.
The predicted salary is between 36000 - 60000 € per year.
Job Description
Who we\'re looking for
We are looking for a cost financial analyst to join the Schroders\' Financial Planning and Analysis (\'FP&A\') team, with a specific focus on supporting the Global Technology & COO Office Finance Business Partnering team.
The Finance Business Partnering team ensures that operational expenditure is well controlled, allocated and key costs drivers and methodologies are understood by the business segments and entities that use IT services while also ensuring Technology\'s overall spend is aligned with the Group\'s strategic objectives and based on sound commercial decision making.
The cost financial analyst will play a critical role in the success of the Finance business partnering team by collaborating closely with various stakeholders to produce accurate, timely and useful cost insight, evaluate and challenge financial performance, and ensure compliance with financial policies, process, and regulations.
About Schroders
We\'re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we\'ve been around for over 200 years but keep adapting as society and technology changes. What doesn\'t change is our commitment to
helping our clients, and society, prosper.
The base
We moved into our new HQ in the City of London in 2018. We\'re close to our clients, in the heart of the UK\'s financial centre. And we have everything we need to work flexibly.
What you\'ll do
- Reporting: Review actuals (pre-payments, accruals, and costs journals etc.) and prepare standard cost variance insight for performance reporting and reviews. Work with the business to develop and update cost allocation drivers and provide analysis on any material changes to budget assumptions.
- Budgeting & Forecasting: Support the business stakeholders and finance business partners in the development and system updating of annual budgets and quarterly cost re-forecasts.
- Performance Analysis: Track actuals vs targets, including identifying trends, risks, and opportunities.
- Process Improvement: Deliver accurate and timely finance process (month-end close, budget, and forecast system updating and reconciliations, allocation updates and reconciliation, and ensure finance systems remain aligned to business structures and changes) while also identifying opportunities supporting simplification and continuous improvement.
- Ad hoc Analysis: Provide support for ad hoc financial analysis and projects as required.
- A background in cost analysis, budgeting & forecasting, cost allocation drivers, and business partner support. An understanding of Investment Management Technology cost drivers an advantage.
- Newly qualified with a professional accounting qualification (ACCA, CIMA, ACA, or international equivalent) and desire to develop into a commercial finance business partner.
- Strong analytical mindset supported with strong Excel and Power BI capability and the ability to consolidate cost data into useful summaries and reports that tell a story.
- Good written and verbal communication skills and proven experience collaborating with a range of stakeholders, both within Finance and in the business.
- Deliver within tight deadlines, work well with others, and improve efficiency while maintaining an appropriate control framework.
- Financial Services Industry / Investment Management experience an advantage, but not mandatory.
- Highly energetic, curious, and self-motivated, demonstrating an ability to self-solve and seek to be a good example in terms of the \'what\' and the \'how.\'
- Be able to engage and collaborate with various stakeholders including tailoring messaging to the audience.
- Proactive team player with excellent interpersonal skills and able to establish and maintain effective, cooperative working relationships.
- Able to manage competing demands on time where necessary.
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.
About Us
We\'re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we\'ve been around for over 200 years, but keep adapting as society and technology changes. What doesn\'t change is our commitment to helping our clients, and society, prosper. #J-18808-Ljbffr
FP&A Financial Analyst - UK - 456 in London employer: Schroders
At Schroders, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London's financial district. Our commitment to employee growth is evident through our inclusive culture and focus on professional development, ensuring that every team member has the opportunity to thrive and contribute meaningfully to our clients' success. With a strong emphasis on collaboration and innovation, we empower our employees to make impactful decisions while enjoying the benefits of flexible working arrangements.
StudySmarter Expert Advice🤫
We think this is how you could land FP&A Financial Analyst - UK - 456 in London
✨Tip Number 1
Familiarise yourself with the key cost drivers in the investment management sector. Understanding how technology costs are allocated and managed will give you an edge in discussions with stakeholders during the interview process.
✨Tip Number 2
Brush up on your Excel and Power BI skills, as these tools are crucial for data analysis in this role. Being able to demonstrate your proficiency in these applications can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience with budgeting and forecasting. Be ready to share specific examples of how you've contributed to financial planning processes in previous roles, as this will showcase your relevant expertise.
✨Tip Number 4
Network with professionals in the finance and investment management sectors. Engaging with industry contacts can provide valuable insights and potentially lead to referrals, increasing your chances of landing the job.
We think you need these skills to ace FP&A Financial Analyst - UK - 456 in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in cost analysis, budgeting, and financial performance evaluation. Use specific examples that demonstrate your analytical skills and ability to collaborate with stakeholders.
Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities of the FP&A Financial Analyst position and how you can contribute to the Finance Business Partnering team.
Highlight Technical Skills:Emphasise your proficiency in Excel and Power BI, as these are crucial for the role. Provide examples of how you've used these tools to analyse data and produce insightful reports in previous positions.
Showcase Soft Skills:Demonstrate your communication and interpersonal skills in your application. Mention experiences where you've successfully collaborated with diverse teams or stakeholders, as this is key for the role at Schroders.
How to prepare for a job interview at Schroders
✨Understand the Role
Make sure you have a solid grasp of what the FP&A Financial Analyst role entails. Familiarise yourself with cost analysis, budgeting, and forecasting, as well as the specific responsibilities mentioned in the job description.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical mindset and how you've used tools like Excel and Power BI in previous roles. Be ready to provide examples of how you've consolidated data into insightful reports that drive decision-making.
✨Communicate Effectively
Since the role involves collaborating with various stakeholders, practice articulating your thoughts clearly. Highlight your experience in tailoring messages to different audiences and how you've successfully worked with teams in the past.
✨Demonstrate Proactivity
Be prepared to discuss instances where you've taken the initiative to improve processes or solve problems. Show that you're not just reactive but also proactive in seeking out opportunities for efficiency and improvement.
