Financial Analyst

Financial Analyst

Location:
Haywards Heath
Salary:
£28,000 to £40,000 depending on experience
Department:
Finance
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We’re First Central Insurance & Technology Group (First Central for short), an award-winning innovative insurance and technology organisation, delivering market-leading motor insurance, underwriting, distribution, finance, technology and legal services.
 

We currently have an exciting opportunity for a Financial Analyst to join our Finance team.

Working flexibily, you'll spend the majority of your time working from home with the occasional 2-3 days a month in the office at either Salford Quays, Manchester or Haywards Heath, West Sussex, of course, its your choice - if you prefer to be in the office more - thats good with us too.


The role combines analytical capabilities with stakeholder management and business partnering capabilities. You'll support the Business Partner through, effective analysis, tracking, performance monitoring and challenge, budgeting and planning and stakeholder management.

To be successful in this role, you’ll need to:

  • have a broad skill set, including stakeholder management, commercial acumen, problem solving and modelling skills

  • be part qualified Accountant (ACA, CIMA, ACCA) or qualified by experience

  • have business analysis experience

Job Responsibilities:

Business Initiatives and Tracking

  • Assist in the development of analysis and models for initiative cost benefit analysis and assist in developing presentations to Exco and Manco

  • Preparation of the benefits of initiatives to ensure these are accurately tracked and presented on a monthly basis and challenged where appropriate

  • Assist with the drive business improvements and contribute to the success of the business. Act as a catalyst in driving forward initiatives critical to delivering the strategy

Performance Monitoring and Challenge

  • Develop a deep understanding KPIs on a daily, weekly and monthly basis which will enable extrapolate that performance to the financial impact influencing options to mitigate any shortfall

  • Assist with the month end expense process, liaising with Financial Accounting and producing monthly expense reporting for the pillar Leadership

Team

  • Investigate any trends or variance of actual to budget and forecast performance

  • Assist with the creation and monitoring of relevant MI reports of key trading stats

  • Help the business partner’s track and challenge cost spend and income across the pillar

Planning and Forecasting

  • Assist with the creation of the annual Budget and quarterly reforecast for the pillar or entity, gathering relevant data and helping to determine assumption development across the plan period

  • Help ensure the change initiatives are correctly reflected in the budgets and forecasts

  • Help ensure the internal IT development for the initiatives is correctly reflected in the budgets and forecasts

Business Modelling

  • Assist with the production of detailed financial models as appropriate for the pillar cost analysis, revenue performance and profitability models

Stakeholder Management and Business Partnering

  • Effectively partner the business to create financial solutions for a specific pillar of the business

  • This role holder will be aligned to a specific pillar and Entity will be required to build working relationships with key stakeholders across the pillar or Entity

  • Liaise with the pillar senior stakeholders to assist in the delivery of accurate financial information to aid decision making to maximise shareholder value and return

  • Add value through support and challenge of the business in all commercial decision making, providing financial analysis support as necessary

  • Assist and deputise for Business Partners across all aspects when required

  • Strategic and Commercial Acumen

  • Develop an understanding and knowledge of key business performance (KPI’s) drivers and be able to draw conclusions from the suite of KPI’s available


Job Specific Competencies:

Experience

  • Preferably Degree educated (Finance, Mathematics or computing an advantage)

  • Part qualified Accountant (ACA, CIMA, ACCA) or qualified by experience

  • Insurance industry experience an advantage

  • Business analysis experience in a relevant area 

Skills

  • Strong stakeholder management skills and ability to communicate and appropriately challenge senior management

  • Good communication and presentation skills including verbal, and written

  • Excellent numeracy skills

  • Excellent Excel skills

  • Strong analytical skills with an eye on details

  • Ability to deal with complex data, summarise and provide clear insightful feedback Knowledge

Are you the person we’re looking for? If so, we look forward to hearing from you. Apply today!

What can we do for you?


We believe we can offer you a great working environment as we’re so passionate about our people. Here are just some of the benefits and perks that we offer…

  • Fantastic training and development opportunities
  • Employee benefit packages to suit your lifestyle
  • Flexible working
  • YOUday – we give you an extra day off to celebrate a special day
  • The opportunity to take a paid day off each year to do charity work
  • A health cash plan
  • Help with travel expenses
  • The opportunity to buy additional holiday
  • Company pension scheme
  • Group life assurance
  • Enhanced maternity and paternity pay
  • Professional subscription fees paid

Employee wellbeing is high on the agenda here too. We provide discounted membership at a local health club and access to an Employee Assistance Programme, which promotes physical and emotional wellbeing at work and at home. In addition, we provide wellbeing events throughout the year to support physical and mental health.

For further information on what we can offer and to learn more about this role, feel free to contact our dedicated Talent team.

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86% of people would recommend a friend to work at First Central

Based on 164 Glassdoor reviews (March 2022)

Benefits

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Flexible working

We support colleagues who wish to work flexibly whilst meeting the needs of the business.

YOUday

If it’s your birthday or you just fancy some me-time, get an extra day off for whatever you want.

Holiday Extra

We give you two opportunities each year to buy or sell up to five days of holiday.

Volunteering

Get a day off each year to take part in volunteering activities.

Health cash plan

Claim money back on your healthcare costs, such as dental check-ups and eye tests.

Season ticket loan

We provide interest-free loans to cover the cost of season tickets for rail, bus or car parking.