Cost Analyst

7 days ago

London UK, UK, United Kingdom Legal & General Full time

Legal & General looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.

Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members’ retirement benefits.

Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.



Job Description

We’re recruiting for aCost Analyst to join our Institutional Retirement division.

In this varied and collaborative role, the post-holder will be responsible for assisting in various aspects of expense analysis, reporting and forecasting for the Institutional Retirement division, This includes:

  • Supporting the production of cost and FTE forecasts on an ongoing basis, working closely with stakeholders including HR and cost centre managers
  • Tracking of expenses and FTE against budgets and forecast
  • Assistance with cost allocation reporting involves maintaining large datasets that feed into the reporting model and developing new allocation reports as requirements evolve continuously.
  • Undertaking quarterly expense forecast and budget uploads as well as also having the chance to monitor controls compliance within the Expense team

What you'll be doing:

  • Assist the monthly/quarterly production of unit cost reporting to ensure long term operational expenses are understood and accurately reported in the P&L
  • Coordinate with business divisions throughout LGRI to guarantee that expense allocations accurately represent the costs associated with different business activities and to ensure that all cost allocations are precisely reported within the group and divisional reporting systems (MiCost and Anaplan), consistent with the agreements made with each business area
  • Assist the update of the division’s 5 year FTE/cost forecast on an ongoing (monthly) basis using Anaplan to ensure accurate forecasting of the divisions long term costs
  • Prepare an analysis of variances to the budget or previous forecast to provide the team with a clear understanding of changes and their impact on the feasibility of FTE and cost targets for both the current year and the long termAdditionally, oversee the approvals of VN and Contractor requests as needed, applying stringent financial control to ensure that requests stay within budget
  • Produce accurate upload of the LGRI quarterly expense forecasts into MiCost and Anaplan, ensuring that the uploaded forecasts and budgets reconcile to expectations, and between systems
  • Assist with the quarterly cost forecasting and the annual budgeting processes by collecting FTE/Cost information from the business, ensuring that expenditures align with the business plan
  • Assist in the wider team’s FP&A activities such as presenting expense MI within PowerBI, producing MI, understanding the underlying cost base
  • It is essential to design and execute business processes and internal controls within the cost allocation framework according to Group standards, to maintain robust financial controls

Qualifications

Who we're looking for:

  • Part-qualified Accountant – ACA, CIMA, ACCA or equivalent
  • Advanced knowledge of Excel and a good working knowledge of other Microsoft Office products is essential
  • Ability to design, develop and maintain complex financial models .
  • Knowledge of Anaplan highly desirable and Power BI would be advantageous
  • Strong attention to detail (e.g., the ability to spot errors in large quantities of data).
  • Prior experience of financial planning & forecasting, preferably with a particular focus on expenses & FTEs within the Life Insurance or Financial services.
  • Experience of presenting data in a meaningful and effective way – understanding the needs of the end users and tailoring the presentation to their requirements.
  • A demonstrated ability to work independently focusing on priorities, and managing a range of tasks, deadlines, requirements, and decisions.

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

  • The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
  • Generous pension contribution
  • Life assurance
  • Private medical insurance (permanent employees only)
  • At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
  • Competitive family leave
  • Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
  • There are the many discounts we offer – both for our own products and at a range of high street stores and online
  • In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Additional Information

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we'd love to hear from you.

  • Costs Analyst

    2 weeks ago

    London,, UK, United Kingdom JMC Legal Recruitment Full time

    Are you a talented Costs & Funding Analyst, looking to join a progressive team? Progress your career in this Top 60 international law firm, renowned for their unwavering commitment to excellence, innovation.The Firm:This Top 60 firm specialises in high value and complex disputes, with an incredible level of specialist expertise and client-centric focus. They...

  • Financial Analyst

    2 weeks ago

    London, UK, UK, United Kingdom Lawson Clark Recruitment Full time

    FINANCE COST & FUNDING ANALYST IN A LEADING CITY LAW FIRM £46,000One of the City's big names with a very high reputation and first class working conditions, they are hoping to meet an business support analyst with a law firm/professional services background, This wide ranging job involves a combination of legal, financial and risk analysis techniques,...

  • FP&A Analyst

    4 weeks ago

    London, UK, UK, United Kingdom Sheridan Maine - Accountancy & Finance Recruitment Full time

    "Let our advance worrying become advance thinking and planning." Winston Churchill. An esteemed business services organisation is seeking a skilled FP&A Analyst for its busy finance team. This is a fantastic opportunity to make an impact in a fast-paced environment, where innovation and collaboration thrive. As an FP&A Analyst, you will play a crucial role...

  • Commercial Finance Analyst

    3 days ago

    UK, UK, United Kingdom Magpie Recruitment Full time

    Job Title: Commercial Finance AnalystLocation: South West London / SurreySalary: £55,000PA plus bonus & study support Hybrid 3 days office/ 2 homeOur client, a leading name in the confectionery industry, has a rich history dating back almost 100 years. Renowned for creating iconic products and pioneering modern collectables, they have been a leader in...

  • Financial Analyst

    4 weeks ago

    UK, UK, United Kingdom New Avenues Full time

    Are you an experienced Finance Analyst looking for a new challenge within an interesting business? Keen on driving costs down, understanding discrepancies and being able to add value? Are you comfortable with analysing large sets of data and reporting findings and recommendations to the SMT in an easily digestible manner? A privately owned Retail and...

  • Reward Analyst

    2 weeks ago

    London, UK, UK, United Kingdom Handle Recruitment Full time

    If you are a solid Reward Analyst and are looking to join a well known Media business then this is the role for you! Here at Handle we have partnered with this instantly recognisable business who are looking for a Reward Analyst to join the Global Reward and HR Analytics team. You will be responsible for improvement projects and providing exceptional...

  • Financial Analyst

    3 days ago

    UK, UK, United Kingdom Accountable Recruitment Limited Full time

    Accountable Recruitment are currently recruiting for a Finance Analyst to join a successful company based in the Preston area in this newly created role.The client are looking for an enthusiastic individual who is an experienced Finance Analyst to join their dynamic and growing finance function on a full-time, permanent basis.You will oversee the provision...

  • Senior Solutions Analyst

    1 month ago

    UK, UK, United Kingdom WSS Associates Full time

    Senior Solutions Analyst Job Description. We have partnered with a leading independent property consultancy in the UK, they have an exciting opportunity which is critical to the success of new technology demand within the technology department at their London head office. These division aligned roles will act as a liaison between the business divisions and...

  • Marketing Data Analyst

    4 weeks ago

    UK, UK, United Kingdom FinTop Consulting Full time

    Position: Data Marketing AnalystLocation: London – HybridSalary: Up to £60,000We've partnered with one of the UK’s leading PropTech company who is on the lookout for a Data Marketing Analyst who will sit between the BA and marketing team to support and develop their data expansion efforts by understanding customer behaviour & market trends.This role...

  • KYC Analysts

    4 weeks ago

    UK, UK, United Kingdom Integreon Full time

    Integreon are hiring a team of AML/KYC Analysts fluent in Russian or Bulgarian or Macedonian or Slovak or Armenian or Serbian or Ukrainian or Belarusian or Kazakh or Georgian or Hebrew or Japanese or Turkish. The AML/KYC Analyst will serve our client to manually review and identify the reasons why a customer’s identity verification failed in an automated...

  • Finance Analyst

    4 weeks ago

    UK, UK, United Kingdom Elevation Recruitment Group Full time

    Elevation Accountancy and Finance are thrilled to be working exclusively with a manufacturing business in the Worksop area to recruit a Finance Analyst. This role will involve providing analysis and insights to support stakeholders, aiding decision-making with budgeting and forecasting.What’s in it for you?Hybrid working – 3 days from homeCompetitive...

  • Sourcing Analyst

    4 weeks ago

    London, UK, UK, United Kingdom Charlotte Tilbury Beauty Full time

    About Charlotte Tilbury BeautyFounded by British makeup artist and beauty entrepreneur Charlotte Tilbury MBE in 2013, Charlotte Tilbury Beauty has revolutionised the face of the global beauty industry by de-coding makeup applications for everyone, everywhere, with an easy-to-use, easy-to-choose, easy-to-gift range. Today, Charlotte Tilbury Beauty continues...

  • Finance Analyst

    4 weeks ago

    London, UK, UK, United Kingdom The London Clinic Full time

    We have an exciting opportunity for a Finance Analyst to join our Finance team. This role is a based in our Head Office in Central London (NW1 4LJ), with a hybrid working model. We are also offering a competitive salary plus a fantastic array of benefits.Established in 1932, The London Clinic is one of the UK's largest private hospitals, with...

  • Assurance Services Analyst

    3 days ago

    UK, UK, United Kingdom Inspired PLC Full time

    Inspired PLCInspired PLC is a UK market leading technology enabled provider of energy and sustainability advisory services. Since 2000, it has grown in scale and capability and is servicing over 3,400 UK and Irish clients across all sectors.To enable businesses to respond to the climate emergency, we focus on solving their toughest challenges. By managing...

  • ESG Analyst

    3 days ago

    UK, UK, United Kingdom Inspired PLC Full time

    Inspired PLCInspired PLC is a UK market leading technology enabled provider of energy and sustainability advisory services. Since 2000, it has grown in scale and capability and is servicing over 3,400 UK and Irish clients across all sectors.To enable businesses to respond to the climate emergency, we focus on solving their toughest challenges. By managing...

  • FP&A Analyst

    4 weeks ago

    London, UK, UK, United Kingdom Marks Sattin Full time

    Marks Sattin are delighted to be partnering with a high-growth, VC backed SaaS business to appoint an FP&A AnalystKey Responsibilities:Ownership and responsibility to build a technically strong, data-focused and commercial FP&A function at a fast growing scale-up.You will build the core foundations of the FP&A function including; budgeting, sensitivity /...

  • Senior UK Finance Analyst

    4 weeks ago

    UK, UK, United Kingdom Bakkavor Full time

    Proud to deliver high quality products and develop high-quality careers. Senior FP&A Analyst – Business Reporting Competitive SalarySpalding - Hybrid roleMonday – Friday25 Days HolidayExcellent rewards package including - life insurance, short term bonus, private medical insuranceBakkavor – We`re the biggest name you've never heard of. You've...

  • Reporting Analyst

    2 weeks ago

    London,, UK, United Kingdom Totum Partners Full time

    Reporting Analyst with Top 100 UK Law FirmBased in London or Cheltenham Office3 days-a-week working from homeReporting Analyst Responsibilities:Creation of SSRS reportsUtilise Power BI to visualise dataAssist with the firm's development of Power BIInputting cost data into Aderant to create level profitability reportingLiaising with key...

  • FP&A Transformation Analyst

    2 weeks ago

    England, London, London, UK, United Kingdom Investigo Limited Full time

    FP&A Transformation AnalystHybrid working, 1-2 days a week in London £500 per day Outside IR35 We are currently engaged with a growing business in London who are going through a period of transformation who require an FP&A Transformation Analyst. This role is based in London for 1-2 days per week and is paying £500pd on an Outside IR35 basis for an initial...

  • Supply Chain Analyst

    2 weeks ago

    London , London, UK, United Kingdom Marks Sattin Full time

    12 month FTC - Supply Chain Analyst - MUST HAVE COGS experience!I am working with a well known and loved brand name in the FMCG industry on a 12 month FTC.The role is based in West London and hybrid - 3 days per week in the office.The Supply Chain Analyst will be responsible for financial reporting on Distribution and Cost of Goods Sold (COGS).The duties of...