Financial, Planning & Analysis (FP&A) Manager

TN United Kingdom; London; Hybrid; GBP 55,000 - 85,000; Full time

Job description

Social network you want to login/join with:

Financial, Planning & Analysis (FP&A) Manager, London

Client:

Crown Agents Bank

Location:

London, United Kingdom

Job Category:

Finance

EU work permit required:

Yes

Job Reference:

513dc963ad72

Job Views:

3

Posted:

18.04.2025

Expiry Date:

02.06.2025

Job Description:

• The FP&A Manager will play a crucial role in underpinning the Head of FP&A and responsibilities will span across:
  • Financial planning & forecasting: lead the modelling across P&L and Balance sheet for the Budget and Forecasting process
  • ExCo and Board monthly financial MI reporting
  • Providing commercial insight to the front office
  • Creating dynamic insightful MI to the senior leadership.
• A successful candidate will present examples of true ownership of deliverables with limited oversight / support – this is an essential attribute in a fast-paced, lean finance function within a small Bank

Financial Planning & Forecasting:

• Support the delivery of the articulation of the modelled outputs to ExCo and Board for sign off. This includes:
  • Ability to model Banking product revenue using business owned inputs which are appropriately challenged
  • Have a deep understanding of the interaction of the P&L and Balance sheet for a Bank.
  • The capability to translate the financials into a concise power point presentation for ExCo and Board approval
• Own the rolling forecasts to provide up-to-date financial projections.
• Work collaboratively with Treasury to ensure financial planning aligns with ICAAP & ILAAP requirements
• Lead on the impairment assessment forecasts working collaboratively with the external auditors

Management Reporting:

• Production owner of key reporting packs to ExCo and Board with capability to draw concise and insightful 1st line commentary for senior management consumption
• Responsible for the collation and calculation of strategic KPIs communicated to ExCo including NIM, Return on Capital

Business Partnering:

• Work across functions and own the modelling of strategic business cases for onward submission to Board
• Providing ad-hoc commercial and analytical support to business stakeholders such as the Head of Investor Relations, Front line leaders and ExCo.
• Work collaboratively with the BI team lead to enhance and automate client level MI, currently communicated via Power BI

Qualifications:

• Degree level

Qualified Accountant (ACA / ACCA / CIMA / ICAS)

Experience:

Essential Requirements:

• Significant experience working in FP&A within the Banking industry
• Experience of being a meaningful contributor / lead to the Budgeting process in a Bank
• Capable to identify and explain the drivers of the P&L and Balance Sheet
• Strong proficiency in financial modelling for Banking products such as lending and deposit NII
• Deep understanding of how the balance sheet interacts with the P&L
• Are a self-motivated individual / results driven who will pursue a task to its conclusion without the need for constant supervision
• Have a strong sense of accountability and proactive ownership of key deliverables
• Ability to work independently, proactively and collaboratively in a fast-paced environment.
• Capability to illustrate good strategic thinking, commercial acumen and product intuition
• A proficient user of Excel and Power Point
• Strong written and spoken communication skills
• Able to develop strong working relationships with a broad range of stakeholders
• Take and give feedback well
• Have the appetite for proactively developing new skills and capabilities

Preferred but not essential:

• Experience using data visualisation tools such as Power BI or Tableau (Preferred, not essential)
• Familiarity with regulatory frameworks (Basel III/IV, IFRS 9, ICAAP, ILAAP).
• Experience with VENA (or similar OLAP system, such as IBM Cognos)

Additional Information:

• Hybrid working
• Contributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%
• Life Assurance – 4 times annual salary
• Group Income Protection
• Private Medical Insurance – this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
• Discretionary Bonus
• Competitive Annual Leave
• 2 Volunteering Days
• Benefit Hub