At a Glance
- Tasks: Support financial reporting and analytics to drive strategic objectives.
- Company: Join a leading financial institution with a focus on innovation.
- Benefits: Attractive salary, professional development, and flexible working options.
- Other info: Dynamic team environment with opportunities for career advancement.
- Why this job: Make an impact by delivering high-quality insights that shape business decisions.
- Qualifications: Postgraduate degree in Finance and 5-7 years of relevant experience.
The predicted salary is between 50000 - 70000 £ per year.
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.
Qualifications
- Post Graduate Degreein 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.
This will have allowed the individual to have a deep understanding of key drivers which influence typical management decisions, specifically within the banking or similar industry.
- Experience within the Financial/Statutory accounting field will have enabled the individual to have a good understanding of the accounting requirements for the functions various types of transactions (Including costs, revenue, balance sheet and liquidity).
This will allow the individual to have a broader understanding of relationships between the aforementioned transactions and other items on the Balance Sheet/Income Statement which will enhance the depth of analytical reporting
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.
Regularly engage with Reporting & Control Managers to identify areas in which further insight or analysis is required.
- Ensure all reporting is produced according to agreed requirements in standardised formats
- 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.
Utilise consistent pre-determined materiality in the determination of focus on the level of depth of reporting required.
Ensure that all reporting insights and analytics can be tailored to produce a consolidated CIB view.
- Focus on cost processes through production of cost reports that address Business Unit, Client, Sector, Region & Legal Entity.
- Perform cost allocations as per the Reporting & Control process
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Financial Reporting Analyst in Douglas employer: Standard Bank of South Africa Limited
Standard Bank of South Africa Limited is an excellent employer, offering a dynamic work environment in Greater London where innovation and compliance are at the forefront of our operations. We prioritise employee growth through continuous training and development opportunities, fostering a culture of collaboration and support. Join us to be part of a team that values your expertise and commitment to data privacy in the financial sector.
Contact Details:
Standard Bank of South Africa Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Reporting Analyst in Douglas
✨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.
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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.
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Don’t shy away from reaching out directly to firms like Standard Bank of South Africa Limited. 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 Financial Reporting Analyst in Douglas
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 Standard Bank of South Africa Limited.
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 Standard Bank of South Africa Limited'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 Standard Bank of South Africa Limited
✨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 Standard Bank of South Africa Limited.
✨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 Standard Bank of South Africa Limited 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 Standard Bank of South Africa Limited 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.
