At a Glance
- Tasks: Join us as a Finance Analyst, handling month-end processes and financial reporting.
- Company: Venesky-Brown is a dynamic public sector organisation based in East Kilbride.
- Benefits: Enjoy a competitive daily rate and the flexibility of remote work one day a week.
- Why this job: Make an impact by improving financial performance and supporting strategic initiatives in a collaborative environment.
- Qualifications: You need a degree or equivalent experience in finance, plus strong analytical skills.
- Other info: This is a 3-month contract with opportunities for professional growth and development.
The predicted salary is between 50000 - 60000 £ per year.
Venesky-Brown’s client, a public sector organisation in East Kilbride, is currently looking to recruit a Finance Analyst for an initial 3 month contract on a rate from £250 - £300/day (Inside IR35). The postholder will be required to be on site for 4 days and 1 day off site.
Responsibilities:
- Responsible for month end processes and the timely production of accurate monthly management accounts with relevant commentary for Management and Groups.
- Provide supporting analysis on variances to budget and forecast and liaise with the Director and budget holders on corrective follow up actions.
- Support the development and implementation of a standard monthly financial performance reporting pack, providing support to budget holders in interpreting and understanding their financial performance.
- Ensure financial data structure is accurate and regularly reviewed/maintained through liaison with key stakeholders.
- Support the preparation of the annual budgets in line with set timescales, including analysis of designated areas of income/expenditure and impact on KPIs.
- Provide standard budget reports with the Director with support on interpretation and understanding.
- Ensure robust quarterly forecasts with full analysis and commentary on variances to budget.
- Support Director in conducting six monthly reviews with budget holders.
- Work with Leaders in preparing costings for projects.
- Understand financial requirements and regulations of different councils and charitable bodies for establishment of contracts and collaborative agreements.
- Support the Legal and Contracts department for construction and execution of contracts.
- Work with other members of the organisation for coordination of money.
- In conjunction with colleagues, prepare reporting and analysis of operational metrics and targets that align to delivery of KPI’s.
- Using analytical insight identify existing or anticipate gaps and opportunities not fully exploited to support the delivery of key metrics and targets.
- Work closely with the Executive Group to develop action plans and support strategic improvements.
- Process Improvement and Efficiency
- Identify inefficiencies across financial functions and partner with key stakeholders to streamline processes.
- Ensure that processes are continually improved in terms of relevance, efficiency, data quality and analytical insight.
- Support the implementation and transition to the new financial system.
- Work closely with relevant teams to ensure data migration accuracy and system optimisation.
- Provide training and support to colleagues, ensuring effective adoption and utilisation of the new system.
- Identify and resolve potential challenges during system rollout, ensuring seamless integration into financial operations.
- Support with the development and delivery of a programme of training and support that delivers a step change in the financial awareness and capability of colleagues across the organisation.
Essential Skills:
- Scottish Credit and Qualification Framework level 9, (Ordinary Degree, SVQ level 4) or equivalent (including professional accreditation with relevant formal training) and experience of personal development in a similar or related role.
- Understanding of how to use IT systems such as MS products and financial accounting software, including Sage and Agresso.
- Knowledge of financial and accounting policy and procedures.
- Comprehensive knowledge of business processes and the relevance to financial operations.
- Able to act on initiative, identify opportunities and is proactive in putting forward ideas and solutions.
- Effective team worker, able to influence across formal organisational reporting lines.
- Highly effective oral and written communication and interpersonal skills with the ability to challenge assumptions and practices with diplomacy.
- Able to prioritise workload to deliver to tight deadlines and manage competing demands from various stakeholders.
- Proactive and resilient, able to maintain momentum in the face of obstacles and setbacks.
- Proven analytical and problem-solving capability, with a commitment to continuous improvement.
- An ability to demystify complex financial concepts for non-financial colleagues.
- Advanced skills in the use of Microsoft packages such as Excel, Word, Access, PowerPoint; and accounting software packages.
- Experience, or evidence of progression and development gained through relevant work experience, gained within a large, complex organisation.
- Successful track record of working with non-financial managers to drive improvements in decision-making and financial performance.
- Significant practical experience of using computerised finance systems.
Desirable Skills:
- Completion of a recognised accounting qualification.
If you would like to hear more about this opportunity please get in touch.
Financial Analyst employer: Venesky Brown
Contact Detail:
Venesky Brown Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Analyst
✨Tip Number 1
Familiarise yourself with the specific financial software mentioned in the job description, such as Sage and Agresso. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Brush up on your knowledge of financial regulations and policies relevant to public sector organisations. Being able to discuss these topics confidently will demonstrate your understanding of the role's requirements.
✨Tip Number 3
Prepare examples of how you've previously identified inefficiencies in financial processes and successfully implemented improvements. This will showcase your proactive approach and problem-solving skills, which are crucial for this position.
✨Tip Number 4
Network with professionals in the public sector finance field. Engaging with current employees or attending relevant events can provide insights into the organisation's culture and expectations, helping you tailor your approach.
We think you need these skills to ace Financial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of a Financial Analyst. Focus on your analytical skills, experience with financial systems, and any previous roles where you supported budget holders or managed financial reporting.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the organisation. Mention specific experiences that demonstrate your ability to handle month-end processes, variance analysis, and collaboration with stakeholders. Show how your proactive approach can contribute to their financial operations.
Highlight Relevant Qualifications: Clearly state your qualifications, especially if you have a degree or professional accreditation related to finance. If you have experience with specific software like Sage or Agresso, make sure to mention it, as this is crucial for the role.
Showcase Problem-Solving Skills: Provide examples in your application that illustrate your analytical and problem-solving capabilities. Discuss situations where you've identified inefficiencies or improved processes, as these are key aspects of the job description.
How to prepare for a job interview at Venesky Brown
✨Know Your Numbers
As a Financial Analyst, you'll be expected to handle numbers with ease. Brush up on your financial metrics, budgeting processes, and variance analysis. Be prepared to discuss how you've managed these in previous roles.
✨Demonstrate Analytical Skills
Showcase your analytical capabilities by discussing specific examples where you've identified inefficiencies or opportunities for improvement. Use data to back up your claims and demonstrate how your insights led to positive outcomes.
✨Familiarise Yourself with Relevant Software
Make sure you're comfortable with the financial software mentioned in the job description, such as Sage and Agresso. If you have experience with similar systems, be ready to explain how you adapted to new technologies in the past.
✨Communicate Clearly
You'll need to explain complex financial concepts to non-financial colleagues. Practice simplifying your explanations and be ready to provide examples of how you've successfully communicated financial information in the past.