Financial Analyst

05 Oct 2017
02 Nov 2017
Contract Type
Full Time
Who: A Leading Pharmaceutical Company What: Financial Analyst When: ASAP Duration: 9 months initially (extensions likely) Where: Tadworth, Surrey The Role: Entry-Level finance position responsible for undertaking data validation and financial management reporting and analysis in order to support finance customers. Responsible for, but not limited to, conducting the following key activities: * Plan, Budget and Forecast modelling * Financial Reporting analytics * Presentation development and preparation * Data Validation * Report consolidation and submission This role will require strong analytical ability, coupled with sufficient knowledge of business / finance analysis tools and methodologies. Analysts will be expected to respond to requests from Supervisors or Managers in an efficient and timely manner. Responsibilities: Plan, Budget and Forecast modelling: * Collect Data - Gather data from internal systems and data external systems and sources * Prepare Data - Format data for entry into model or analysis, load data into appropriate tool * Run Models - Input assumptions and data, run model * Validate Revenue and Expense Data * Analyse Output - Highlight significant variances to budget, actuals and prior year, pinpoint specific type of variance (region, market, product), categorise variances as system/technical or business related, follow-up with suspected system/technical related variances, create variances report, categorizing variances by type, amount and specific location * Root Cause Research - Research business related variances, identify variance as manual accounting error or legitimate business movement, follow-up with GFS or market colleagues to resolve variance * Write Commentary - Prepare memo (email) to finance leadership, describe trends for the reporting period for each report, including an explanation of remaining variances * Support Finance as needed - Gathering assumptions, updating business Financial Reporting analytics: * Collect Data - Gather data from external systems and sources necessary for reporting or analysis * Develop Standard Reports - Determine if reporting need is already met by Standard Reporting Package, Document Reporting Parameters, Construct Shared View of New Report in Reporting Tool, Review Output with Report Requestor, Adjust as Necessary, Save View in Reporting Tool and Add to List of Standard Reports * Validate Data - Compare data types across systems/data warehouses: revenue, COGS, OPEX, Overall PNL; highlight discrepancies in data, determine source of data discrepancies, classify reconciling items as mapping error (if applicable type) and if necessary, follow up with account team for applicable system to resolve * Run Reports - Confirm that data is available and validated, access reporting systems/tools, select appropriate parameters, run/refresh report (Essbase) or export to Excel and modify as necessary * Analyse, Research and Prepare Commentary on Output * Prepare reports: Compile and submit financial analysis reports * Support presentation preparation - Replace content with content from current Op Plan and LE Presentation Development and Preparation: * Prepare Recurring Presentations - update recurring presentations with new data and commentary, review and finalize presentations * Prepare Ad Hoc Presentations - prepare ad hoc presentations as needed per request from manager Data Validation: * Maintain KPI's to reflect current data * Additional data validation tasks as outlined elsewhere Report Consolidation and Submission: * Consolidate Results - Receive Offline reports and commentary or export data from reporting tool, consolidate data into central report * Submit Results - In email or by posting to shared drive, submit results of report with commentary * Review Output with Customers - Review report and commentary with business partners Qualifications and Requirements * Bachelor's degree from an accredited college or university, with finance/accounting or related experience * Excellent analytical skills, attention to detail, and time management skills * Excellent written and verbal communication skills * Basic understanding of finance IT system architecture may be required. * Management Reporting and Analysis process experience preferred * Relevant work experience * Advanced Microsoft Office capabilities, particularly Excel, PowerPoint and Word * Competency with spreadsheets & financial modelling (comfort with data manipulation and financial systems) * Ability to identify business issues/opportunities and to frame business questions * Knowledge of various financial systems and financial reporting aspects is preferred * Basic knowledge of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) The recruiter has stated that all applicants for this job should be able to prove they are legally entitled to work in the UK. Carbon60 is a trading name of Carbon60 Limited an Employment Business/Agency.
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