Financial Analyst / Officer

Disability confident leaderThe Prince's Responsible BusinessSocial Mobility Foundation Award

Finance, Audit and Procurement
Salary - £31,051-£32,454 (Cheltenham), £33,350-£34,671 (London)

About You

Please note that you are required to meet the following essential criteria to apply for this role:

You have demonstrable experience in a similar role and are working towards Level 4 AAT (or equivalent).

We also value qualities such as teamwork, professionalism, innovation, and the desire to make a real difference. You’ll enjoy working with others to solve problems. And you’ll be able to develop collaborative relationships with key stakeholders and negotiate effectively with them. This will all be supported by your passion for finance and an aptitude for figures and spreadsheets. Most importantly, you’ll be keen to learn and always approach your work positively.

The Role

We have Financial Analyst/Officer vacancies across various finance functions. Descriptions of each team, as well as the responsibilities of Financial Analysts/Officers within these teams are detailed below.
Please indicate your preferences on your application form.

Financial Analysis

The Financial Analysis team provide financial analysis and insights. This gives accurate and timely financial information that meets business needs.

As a Financial Analyst in this area, you’ll be responsible for analysis of the ledger to understand the financial position and support the team to produce financial reports. You’ll also:
• Undertake critical analysis of financial systems to ensure the data is accurate and up-to-date to facilitate reporting to managers.
• Take responsibility for material journal adjustments and accruals and ensure all adjustments are approved and posted within required timescales.
• Interrogate financial systems to understand trends and changes in month and provide data and insightful commentary in monthly financial reporting.
• Interpret data and format in a way that drives high quality management reporting and decision making.
• Support the team in the production and distribution of financial reports to required timescales, providing accurate, relevant and timely management information.

Financial Accounting and Reporting

The Financial Accounting and Reporting team provide services concerned with the summary, analysis and reporting of financial transactions made by the agencies. The output is the preparation and assurance of agency accounts in line with relevant external policies and standards. The team also provide VAT advice, complete VAT returns and ensure compliance with legal requirements.
As a Financial Analyst in this area, you’ll support the team in producing accounts and estimates by collating evidence and information, performing reconciliations and ensuring data inputs and transfers to systems are actioned. You’ll also:
• Liaise with other colleagues to collect and analyse relevant information.
• Collate standard evidence for accounts, estimates and audit requirements.
• Perform monthly balance sheet reconciliations and ensure issues are escalated.
• Maintain asset registers, finance guidance and chart of accounts.
• Performing month end closure activities.
• Input data into systems.
• Perform variance analysis to support financial accounts and estimates.

Financial Operations

The Financial Operations team manage the Accounts Payable, Accounts Receivable, Expenses and Cash Management services. They ensure that the agencies are able to meet payment obligations and are sufficiently funded. Plus, they provide assurance around handling of cash and staff payments.

The Financial Operations team is responsible for:

• Payment processing and foreign exchange services.
• Customer management, sales, invoicing, receipting, and debt management services.   
• Creating necessary controls to manage public money, from creation of bank accounts through to accurate cash demand forecasting, data analysis and production of reports.
• Providing a clear expenses process to the user for advances, expense claims, credit cards, approval process, audit, payment processing and management information.

As a Financial Officer in this area, you’ll ensure transactional activities are completed accurately and efficiently. This could be through a business facing role, or through working with finance colleagues. They may cover one area of Financial Operations or a number of processes for particular business areas. You’ll:

• Act as the first point of contact for business areas and other parts of finance to provide support and advice, to ensure processes are completed compliantly.
• Play an active part in raising financial awareness and capability across the department.
• Partner with business areas and other stakeholders to help them understand and follow finance polices relating to their area of work.
• Prepare and analyse statistical reports.
• Proactively solve problems in business areas and ensure remedial actions are taken.
• Review areas of poor performance and progress with corrective actions.
• Ensure effective audit trails to support transactions, reconciliations and approvals.
• Oversee the delivery of timely payments and receipts, in line with contractual terms and targets.
• Become a visible expert and point of escalation for their business areas.

This Program / Vacancy is closed to applications.