FP&A Senior Analyst
Allica Bank
About Allica Bank
Allica is the UK’s fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech.
Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.
Department Description
The Finance & Treasury function covers a broad spectrum of financial responsibilities for the Bank. Under the leadership of the CFO and the finance department heads, the team is responsible for equity raising and investor relations; treasury and liquidity management; prudential risk and regulatory reporting; and financial reporting, financial planning, and tax management activities.
Role Description
The successful candidate will be an integral part of the FP&A team in a rare role in industry. The individual will be involved and have exposure to a wide breadth of activities including forecasting and budgeting, cost optimisation and driving efficiency & productivity in a high growth environment. This will include process design and system implementation to support senior stakeholders deliver on strategic goals for the Bank.
Principal Accountabilities
Cost reporting and analysis
Ownership of monthly reporting of all operating expenses in the Bank
Supporting Financial Control team during month end close in advisory capacity
Conducting variance analysis, identifying risk and opportunities
Maintaining unit cost allocation model including Cost to Serve and Cost of Acquisition
Forecasting and budgeting
Preparing frequent forecasts of all operating expenses using varied approaches depending on cost type
Reviewing forecast with Budget Owners, ensuring forecasts are in line with business plans
Conducting Sensitivity Analysis
Business Partnering
Providing ad hoc analysis and modelling to support business decision making
Process and system improvements
Assisting in re-design of cost forecasting process and monthly reporting to stakeholders
Supporting new system implementation
Championing continues improvements, introducing best in class FP&A processes
Personal Attributes & Experience
Experience as a Finance/FP&A Analyst with extensive exposure to costs
Professional qualification (ACA/ACCA/CIMA) or highly experienced Finance professional
Strong analytical skillset, including the utilisation of data and forecasting & reporting tools
Ability to work autonomously and be initiative-taking as required whilst working well within a team
Effective time management skills with the ability to manage multiple priorities to meet tight deadlines
Strong communication skills, ability to interact with non-Finance stakeholders and build relationships
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Professional curiosity, asking “why” and “so what” type of questions, not accepting status quo
Working at Allica Bank
At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.
Our employees are at the heart of everything we do, so our benefits are designed with you in mind:
Full onboarding support and continued development opportunities
Options for flexible working
Regular social activities
Pension contributions
Discretionary bonus scheme
Private health cover
Life assurance
Family friendly policies including enhanced Maternity & Paternity leave
Don’t tick every box?
Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit, we’d still love to hear from you!
Flexible working
We know the ‘9-to-5’ isn’t right for everyone. That’s why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and, if we can, we will do our best to accommodate.
Diversity
We’re a diverse bunch here at Allica, with all kinds of experiences, backgrounds and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.