Financial Reporting Analyst

Job Description

To support the production of regular reporting and requested insights & analytics to enable the Financial Insights Leads, Head of Reporting & Control, and 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.

NOTE:

This role is not open to Relocation or Sponsorship. Isle of Man residents are eligible to apply.

• Post Graduate Degree in Finance and Accounting

• 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 with in 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.

• 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, 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 (including, as necessary, direct costs, indirect cost, impairment, revenue, balance sheet and liquidity, and fixed performance pack 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.

• Articulating Information
• Checking Things
• Documenting Facts
• Examining Information
• Following Procedures

• Data Management (Administration)
• Interpreting Financial Statements
• Management Accounting
• Quality Assurance
• Reconciling Financial Records
• Written Communication