Management Accountant: Planning & Forecasting
£50,000 - £60,000 + Bonus + Benefits (12 Month Fixed Term Contract)

They are a highly regarded mid-size investment bank with over 270 employees. They have a commercial culture but are also highly collegiate and promote excellence in everything they do. They are now seeking to recruit an ambitious and technically sound individual for a 12 month fixed term contract.

To be considered for this role, you should meet the following criteria:
* Fully/part-qualified accountant ACCA, CIMA, ACA;
* Good technical accounting knowledge and technical expertise which must include financial planning, forecasting, variance analysis and especially budgeting.
* Experience of Hyperion Essbase and Hyperion Planning highly advantageous;
* Attention to detail;
* Highly numerate, strong academic background including good class of degree.
* Proactive, commercially aware and strong communication skills;
* Good analytical skills, problem solving capability;
* Ability to work independently and effectively within a team.
* Previous financial services experience would be advantageous but is not a pre-requisite.

The Finance department comprising of 12 people covers a broad scope of financial planning, recording, controlling and reporting activities from transactional accounting through to the provision of analysis and forecasting for decision- making. The department supports senior management in exercising budgetary and financial control in pursuit of the company's strategic objectives. Reporting to the Management & Financial Reporting Manager, the role will include the following:
* Maintain proper processes and procedures relating to the role.
* Maintenance of reporting structures in Oracle Essbase / Hyperion Planning, and other reporting data sources.
* Manage the budgeting process to include:
o Implementation of new budgeting system - Hyperion Planning (Ad-hoc project)
o Review the whole budgeting process including Management involvement and sign off.
* Assist and enhance annual writing of the business plan (bi-annual refresh)
* Variance analysis between budgeted, forecast and actual costs - Prepare enhanced variance analysis information to allow management to understand where the actual performance has differed from the budget.
o Quarterly forecasting - feeds into controllable cost reporting
o Review drivers - develop relevant drivers for each cost centre (currently these are defaulted to headcount however other drivers such as time allocations maybe more relevant for some cost centres)
o Review strategies with business heads
o Feedback against actuals
* Assist Senior Management and Financial accountant with the production of business line reporting with allocated costs schedules for all business lines and cost centres.
* Set up regular meetings with business heads to discuss current performance and future forecasting requirements as part of quarterly forecasting.
* Set up and enhance rolling forecast of the firm through collation of information from business heads.
* Gain understanding in current reporting provided by finance the company.
* Assist with various tax reporting such as quarterly VAT returns and PSA
* Liaise with the corporate department in the production of corporate finance fee invoices.
* Produce daily bank reconciliations for the non-trade accounts.
* Ad-hoc project work,