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Expired Vacancy
Finance Business Analyst – 20th Century

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   Location: London
   Salary: On application
Experience: Junior-Mid Level
Deadline: 11 March 2018

Please note that this vacancy has expired and you can no longer apply.

The Finance Business Analyst (FBA) supports the Regional Managing Directors (RMDs), Business Managers (BMs) and Heads of Sale Management (HoSM) in their understanding and management of the financial performance of the Art Departments. The role supports a range of activity from the development of long-term strategy to shorter-term decision-making on commercial deals for the Art Departments.
The Finance Business Analyst will provide reporting, analysis and insight, to assist management understanding of business performance, identify trends and support decision-making to deliver revenue or to manage costs to ensure the budget is achieved. This analysis and insight will include the evaluation of strategies and investment opportunities as well as cost control measures to determine their financial impact.  The reporting provided by the Finance Business Analyst will help support the Global Managing Director’s (GMD’s) presentation of performance to the Group’s Executive.
The Finance Business Analyst will, together with the Finance Business Partner (20thC) and Finance director (20thC), coordinate the annual budget process for the Art Department, partnering with the RMDs, BMs, HoSM in developing their plan, challenging assumptions and providing commercial guidance as appropriate.
The Finance Business Analyst will play a key role in ensuring that the Art Departments’ results are correctly reflected in the ledgers of the Group through supporting the business in their use of systems which impact the GL and owning the month end close process in a number of geographies.
Key Responsibilities/Tasks:
(Duties include but are not limited to the following)
Commercial Decision support
  • Provide RMDs with ad hoc analysis to support strategic decisions e.g. growth trends and profitability by market segment such as location, price level, art category. Make recommendations based on analysis
  • Understand the profitability levers of key sales and flag opportunities and risks
Cost Management
  • Develop the annual Budget for remuneration & headcount and travel with the business based upon clearly explained assumptions
  • Monitor performance versus that plan and challenge the business where necessary to meet or exceed budget targets
Reporting and Analysis
  • Delivery of profit reporting on key sales, highlighting performance against budget and forecast, with insight into variances and trends identified
  • Complete the standard monthly reporting pack for the department including commentary on key variances and identification of risks and opportunities to the business
  • Assist the FBP/FD in the preparation of periodic Operating Reviews and annual Budget Review for presentation by the GMD to Group Executive
Strategy and planning activity
  • Coordinate the weekly forecast process and oversee its accurate submission to Group
  • Support the FBP/FD in the monthly forecast submission: flag potential forecast adjustments and own their submission in Hyperion
Financial Month-End & Control Activity
  • Monthly pre-ledger close review of departmental results with Business Managers, ensuring ledgers correctly reflected the trading activity and cost base of the cluster, requesting accruals and adjustments as necessary
  • Periodic review of Purchase Order transactions submitted by the business to ensure costs are stated accurately
  • Ad Hoc analysis to understand impact of strategic decisions
  • Respond promptly to ad hoc financial queries from the Department in non-technical terms, clarifying company financial policies and procedures where necessary
  • Identify opportunities to streamline financial processes and improve reporting
  • Global travel will be required, from time to time, as necessary
Skills & Qualifications Required:
  • Recently qualified accountant or finalist (Industry or Practice)
  • Excellent analytical & problem solving skills
  • Strong verbal and written communication skills with the ability to analyse data, extract the key messages and present them in board level quality
  • Attention to detail and accuracy with an understanding of the approaches necessary to ensures robustness of reported numbers
  • Possesses a high level of business understanding combined with drive and ambition to progress
  • Advanced Excel skills, financial modelling experience desirable
  • Pro-active individual able to work independently with an ability to get things done
  • Passionate and results oriented

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