Expense Analyst

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Summary And Purpose

• Expense Analyst with a focus on reporting, forecasting and analysis of expenses.
• Working as member of the FP&A team, alongside the Lead Finance Analyst, to provide detailed analysis of expense trends and variances, providing actionable insights to senior management.
• Build and develop relationships with key stakeholders and assist with the provision of financial analysis, both historical and forward looking.

Key Tasks And Responsibilities
Expense Analysis and Reporting

• Prepare monthly, quarterly, and annual expense reports, highlighting key drivers and areas for improvement.
• Support the expense allocation process.

Budgeting and Forecasting

• Assist in the development of the annual budgeting process, working closely with operational teams to set realistic and achievable expense targets.
• Monitor and update forecasts regularly, ensuring they reflect current business conditions and strategic priorities.
• Provide variance analysis between actual and forecasted expenses, identifying and explaining significant differences.

Financial Modelling

• Develop and maintain complex financial models to support expense planning and scenario analysis.
• Use financial models to evaluate the impact of various business decisions on expense outcomes.
• Ensure models are updated regularly to reflect changing business dynamics and assumptions.

Strategic Business Partnering

• Support the Lead Analyst as a strategic partner to business units, providing financial insight and support to enable operational and strategic decision making.
• Support the development and implementation of strategic plans, ensuring financial feasibility and alignment with business goals.

Stakeholder Collaboration

• Support the Lead Analyst and other FP&A team members in building and maintaining relationships with departmental heads and other senior stakeholders to understand their financial needs and provide support in managing their budgets effectively.
• Collaborate with department heads to ensure accuracy and completeness of expense data.

Process Improvement

• Identify opportunities to streamline and enhance expense reporting processes.
• Support the implementation of best practices and new technologies to improve the efficiency and accuracy of expense tracking and management.
• Work with cross-functional teams to drive process improvements and implement changes effectively.

Compliance and Governance

• Ensure all expense reporting and analysis comply with company policies and regulatory requirements.
• Assist in the development and maintenance of internal controls related to expense management.
• Support internal and external audits by providing relevant documentation and explanations.

Ad Hoc Analysis

• Respond to ad hoc requests for expense analysis and reporting from senior management and other stakeholders.
• Participate in special projects and initiatives as required.
• Provide expense insights and recommendations to support business decision-making.

Role Requirements & Skills
Skills / Competencies

• Excellent analytical and problem-solving skills with the ability to interpret complex financial data.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills, with the ability to build relationships across the organization.
• Proactive and self-motivated with a strong sense of ownership and accountability.
• Ability to work independently and as part of a team.

Technical Skills

• Proficiency in Microsoft Excel and other financial analysis tools.
• Experience with financial planning software (e.g. Anaplan) is a plus.
• Familiarity with accounting systems and general ledger software.

Qualifications

• Professional accounting qualification (e.g., ACA, ACCA, CIMA) is preferred.
• Bachelor's degree, preferably in a finance related discipline.

Experience

• Bachelor's degree, preferably in a finance related discipline.

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