Company Description
Legal & General is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, aiming to build a better society for the long term by investing our customers’ money in things that make life better for everyone and create value for our shareholders.
Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best.
Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.
Job Description
We are seeking a Finance Analyst to help manage expenses and allocated costs (actuals, planned, and forecasted) through the expense allocation model, as well as to offer management information and support to users regarding all expense and allocation inquiries.
The role includes providing analytical support, reviewing accounting transactions for month-end closure, and being accountable for producing reconciliations, VAT returns, reporting files, and statutory returns.
What you'll be doing:
- Financial reporting: Responsible for completing month end and quarter end deliverables for expenses, payroll, VAT, and fixed assets, which involves, calculating and posting journals, completing reconciliations, including the investigation and clearance of outstanding items.
- Stakeholder engagement: Collaborate with divisional finance teams on expense ledger, fixed asset, and allocation processes. Enhance the system by using in-depth knowledge to expand the user community for optimal efficiency and utilisation.
- Financial Controls: Adhere to robust financial controls in compliance with Group Standards, statutory, regulatory requirements and the risk and control framework. Assist internal or external auditors as and when required.
- Allocated Expenses reporting: Assist with the delivery of the expense allocation reporting for actuals, forecast and plan, ensuring the integrity and robustness of the data; processing allocation rule changes, reconciliations, volume data, provision of MI and month end reports.
- Expense governance: Responsibilities include managing ledger period closures, handling ledger maintenance requests related to the chart of accounts and fixed assets, completing the consolidated reconciliation pack, maintaining the Fixed Asset Register (FAR), and calculating the monthly intercompany payment settlement schedule.
- Development and Projects: Identifying opportunities for process improvement, documenting them in the continuous improvement log, and managing their execution, as well as providing support to the team on projects such as system upgrades and automation.
- MI: Provide analytical support, management information (MI), and transaction reports concerning expense ledger and allocation-related activities, in addition to handling ad hoc requests from divisional Finance teams and operational areas.
Qualifications
Who we're looking for:
- ACCA / CIMA studier / part qualified
- Experience in the preparation of reconciliations, financial / tax analysis / reporting is essential.
- Experience of working on a core accounting system and performing ledger postings and reconciliations.
- Perform inbuilt reconciliations and can identify errors in outputs.
- Good analytical and problem-solving skills and attention to detail and able to work accurately to tight deadlines.
- Able to work independently or as part of a team, while planning and prioritising tasks.
- Proactively seeks solutions to problems and escalates concerns and challenges existing processes and suggest improvements.
- Build and develops strong relationships with peers and within divisional finance teams, as well as acting as a valued SME.
- Good desktop skills – particularly Excel - with the ability to gather data from a few complex systems, ensuring accuracy and completeness.
- Ability to interpret numerical data and understand business metrics in the context of allocated expenses.
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.
