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Job

AVP - Performance Reporting and MI

  • Location

    London

  • Sector:

    Banking & Capital Markets, Financial Services

  • Job type:

    Permanent

  • Salary:

    £55000 - £65000 per annum + bonus

  • Contact:

    Ian McGill

  • Contact email:

    iain.mcgill@goodmanmasson.com

  • Job ref:

    IM290121_1548765949

  • Published:

    24 days ago

  • Expiry date:

    26-02-2019

  • Startdate:

    dependent on notice period

  • Client:

    Goodman Masson

I am working with a large bank who are looking to recruit into their Performance Reporting / MI team at the AVP level. This is a great role for someone who has a strong financial control background who is looking to move into a more analytical role and impact forecasts and financial performance models within the investment banking division.

The Director in the team moved across from a financial control background themselves so would be interested in candidates who are coming from financial control or of course those who are already in an analytical role themselves. The ideal candidate will come from an investment banking or wider Banking background.

Job Description:

Contribute to the forecast for Investment Banking business revenues

  • Provide modelled view and guidance, including forecast of transfer pricing and FX impacts, for teams to forecast business splits
  • Design of reporting and analysis to be presented to stakeholders
  • Operation of an effective and efficient process to collect, collate and prepare information from mixed data sources
  • Management and communication of future reporting requirements and timelines
  • Advise on YTD performance
  • Liaise with subject matter experts to ensure knowledge is shared proactively and processes can work in parallel effectively
  • Clearly articulate key factors and messages to senior management

Review and support the consolidation of the monthly outlook; including P&L, Balance Sheet and regulatory capital deductions

  • Understand variances across businesses versus actuals and prior forecasts
  • Prepare analysis and commentary for the investment banking forum
  • Drive improvements in controls and strong governance

Support the quarterly legal entity forecasts to support tax planning processes

  • Propose and formalize basis of prep to model revenue attributions to tax jurisdictions
  • Coordinate submissions and review of revenue, impairment and costs by legal entity
  • Prepare analysis of profits by tax jurisdiction. Present findings to senior management, Group Tax and Central Planning teams

Facilitate cross-cluster and cross-function engagement to ensure a collaborative and cohesive reporting community

Create /manage strong relationships with clusters and functions via an effective relationship management model which ensures the team is well informed of cluster financial performance and dynamics, emerging trends, risks and opportunities

Display flexible, dynamic and adaptive behaviour in response to the relatively frequent changes in reporting requirements and organisational structures

Partner with peers in strategic MI team to develop the processes, controls and data flows as the operating model evolves

Proactively engage with key partners to deepen engagement in Legal Entity forecasting

Work with the leadership team to develop and strengthen Legal Entity focus across Finance through knowledge sharing, process improvement, proactive communication and building central expertise

Display good stakeholder management as the team works across functions and businesses to understand and effectively communicate performance to senior stakeholders

Knowledge and Expertise Required:

  • Qualified accountant
  • Understanding of Banking and/or Financial Services sector
  • Strong business/financial management and analysis skills
  • Strong communication/relationship management skills
  • Strong analytical and creative problem solving skills
  • Financial modelling expertise