Finance Planning and Reporting Analyst

This job is with FSCS, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

The Finance Planning and Reporting Analyst will support the Treasury Manager with financial reporting, forecasting and analysis. This will include making recommendations for levies required to senior management, working on the Scheme's levying process including calculations, and monitoring funds received. The role is also responsible for monitoring the Scheme' cash position, ensuring funding arrangements are in place.

Key priorities

Financial Analysis, Forecasting and Reporting

• Support in the production of budgets and forecasts
• Financial analysis of data sets (including compensation and claims data)
• Present analysis and recommendations to senior level management
• Prepare relevant KPIs and scorecard metrics.
• Prepare month end reporting packs and commentary.
• Understanding and use finance systems including the Tagetik forecasting system

Levies

• Partner with colleagues across the organisation to ensure all relevant levy forecasting inputs (costs and revenues) are obtained for the levy calculation model
• Maintain calculation model and ensure all process documentation is kept up to date
• Work with various teams to develop industry updates and levy publications
• Build and maintain relationships with FCA revenue team
• Understand the levy rules and support with answering levy related queries from industry bodies and levy payers
• Work with legal team to decide on outcome of levy credit requests from levy payers

Treasury

• Maintain cashflow forecast model
• Support in negotiating FSCS' funding agreements
• Develop funding presentations for internal and external stakeholders

Required Skills and Experience

• Qualified accountant (ACA/ACCA) or equivalent finance qualification
• Understanding of accounting concepts
• Attention to detail
• High level knowledge of financial services industry desirable
• Successful evidence of liaising with a range of stakeholders across jurisdictions and regulators within the financial sector
• Proactive and excellent communication skills across all platforms of communication
• High level of confidence in making decisions and ensuring the implementation of decision is followed through
• Share knowledge and experience with others and evidence effective outcomes of this
• Demonstrate high level of influencing skills to ensure interests of FSCS and the customer are met
• Excellent ability to manage expectations of senior stakeholders internally and externally
• Evidence proactive approach for the best outcome for the customer
• Demonstrate a high level of ownership and accountability for own responsibilities
• Ability to think outside the box and solve complex issues