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Financial Analyst
2 months ago
Permanent Position
Hybrid working: 1 day per week in the Office
£50,000 Starting salary
Civil service pension and benefits.
You will be a qualified (ACCA/CIMA/ACA) accountant with excellent financial analysis, modelling and interpretation skills which would help the organisation understand historical performance and apply to forecasting activities, along with trends that may impact future performance, as well as key assumption changes. You will also have excellent planning and organisational skills and be used to delivering both accurately and to timelines, in a complex and fast paced environment.
Day to day you will be responsible for delivering high-quality financial planning and analysis to support reserving for the indemnity schemes. You will also support the development and implementation of financial policies and processes to ensure effective financial management and governance.
Your responsibilities will include:
Managing the valuation of the indemnity scheme provisions, which are unique and central to the organisation. This includes handling, modelling, and analysing complex data sets, working with actuarial advisers (including Government Actuary's Department - GAD) and other experts, and reporting the best estimate of the scheme liabilities.
Managing and coordinating month end and year end activities and supporting projects
Developing forecasts, full year outturns, and carrying out ad hoc analysis to understand variances, trends, and risks, and to support decision making
Supporting production of Annual Report and Accounts (ARA) and the external audit
Supporting reserving cycle activities and ownership of actions from formal working groups