At a Glance
- Tasks: Produce high-quality financial reports and conduct analytical reviews to support strategic objectives.
- Company: Standard Bank Offshore is part of a leading Africa-focused financial services group with a global presence.
- Benefits: Opportunity to work alongside talented professionals in a dynamic environment on the Isle of Man.
- Other info: This role is not open to relocation or sponsorship; only Isle of Man residents may apply.
- Why this job: Join a team passionate about creating growth in Africa while enhancing your career in finance.
- Qualifications: Post Graduate Degree in Finance and Accounting with 5-7 years of relevant experience required.
The predicted salary is between 50000 - 60000 £ per year.
Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offer a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa.
To support the production of regular reporting & requested insights & analytics to enable the Financial Insights Leads, Head of Reporting & Control & businesses in delivering their strategic objectives. Delivery of reporting relating to all aspects of profit & loss and balance sheet to address Business Units, Client, Sector, Region & Legal Entity. This will be achieved through the production of high quality, high impact business reports to agreed standards, formats & timelines.
Minimum Qualification
- Post Graduate Degree in Finance and Accounting
Experience Required
- 5 - 7 years experience in Finance & Value Management
- Experience in producing high quality regular reporting and additional analysis which will include the provision of insight via commentary.
- Experience within the Financial/Statutory accounting field will have enabled the individual to have a good understanding of the accounting requirements for various types of transactions (Including costs, revenue, balance sheet and liquidity).
Key Outputs
- Attend to the amendment of irregularities found during the audit or risk monitoring process to ensure sufficient controls and standards are implemented and upheld.
- Conduct analytical reviews of the data obtained to predetermined materiality & metrics.
- Highlight material variances against budgets, plans and forecasts, and obtain analysis and commentary.
- Identify exceptions in extraction, aggregation and analytical review process for evaluation at regular feedback sessions.
- Develop commentary that accurately addresses requirements as agreed between the Finance Insights Leads and the Reporting & Control team.
- Ensure that commentary and insights provided align with the actual data reported on to improve credibility relating to data and commentary.
- Ensure that the correct reporting templates are utilised in the delivery of Financial Insights & Analytics reporting.
- Identify areas in which standardised templates can be refined to improve clarity and effectiveness of message.
- Extract relevant data from identified source systems to agreed timetable.
- Aggregate data to represent a global Corporate Investment Banking view to agreed timetables.
- Reconcile aggregated data to source systems to ensure completeness.
- Produce regular intra-month and monthly flash, fixed performance, costing, balance sheet, revenue & capital management reports.
Behavioural Competencies
- Articulating Information
- Checking Things
- Documenting Facts
- Examining Information
- Following Procedures
Technical Competencies
- Data Management (Administration)
- Interpreting Financial Statements
- Management Accounting
- Quality Assurance
- Reconciling Financial Records
- Written Communication
Financial Reporting Analyst in Douglas employer: Standard Bank Group
Standard Bank Offshore, located in the Isle of Man, offers competitive benefits and a chance to work with skilled professionals. The company focuses on delivering innovative financial services that support growth in Africa, making it a meaningful place to advance your career.
