Finance Manager

Legal & General supports the savings, protection and retirement needs of around 14 million people, through our portfolio of retail and workplace businesses.

Our Retail division helps people enjoy a more colourful retirement, both directly and through their employers, including Lifetime Mortgages, Retirement Interest Only Mortgages and financial advice on our range of lending products.

We are the UK’s number one individual life insurer, and also provide Group Protection products for employers – all helping people to plan for the unexpected. We support home buying through our Mortgage Club – the UK’s largest – and our award-winning Surveying Services team. And our fintech team finds and supports socially useful start-ups and scale-ups working in the workplace, home, insurance and wealth areas.

Joining us means helping create brighter financial futures for all our customers. 

We’re recruiting for a Finance Manager to join our Retail Division. We’re offering a competitive base salary, great benefits and the opportunity to work on all aspects of financial planning, financial management (revenue and expenses) and financial control to ensure the profitability of our Workplace Savings business.

What you'll be doing:

• Understanding the key drivers of financial performance for Workplace and Retail Savings. This will involve working with the business to drive financial insight and promote appropriate management actions.
• Producing analyses/trend reports and Management Information packs for Senior Management to aid decision-making and strategic planning.
• Developing financial plans for the Workplace Savings and Retail Savings business across all financial metrics.
• Managing the production, analysis and provision of supporting business commentary on current and projected P&L, covering revenue, direct expenses and FTE positions, highlighting trends and risks against Forecast and Budget.
• Overseeing the Workplace Savings and Retail Savings direct expense bases and ensuring that appropriate governance, controls, and reporting are in place. You will also appraise allocated costs to and from the business.
• Establishing and developing a strong cross functional working relationship with key stakeholders across Workplace, L&G Retail, Asset Management and the wider Group. Using the knowledge gained to support strategic and commercial decisions and assess the financial implications of these decisions.
• Supporting the Workplace MD with the organisation and running of the Workplace Savings Management Committee.
• Managing a team of three. (please note previous management experience is not essential)

Who we're looking for:

• Qualified Accountant.
• Good knowledge of the Financial Services industry and the performance metrics used within the industry.
• Understanding of cost allocation and profit measurement, planning and forecasting cycles, financial approval procedures/processes and monthly expenditure reporting and analysis processes, and alternative cross-charging methodologies and behavioural implications.
• Advanced knowledge in the use of spreadsheets, databases and analysis tools such as MS Excel, Anaplan & Power BI.
• Ability to design, develop and maintain complex financial models.
• Cost management experience.
• Experience of presenting complex financial data to senior stakeholders (some of whom are non-accountants) on accounting results and changes.
• Ability to build relationships and communicate effectively at all levels.
• Ability to work effectively as part of a wider team, and being comfortable being the central coordinator.
• Practical experience of taking the lead, both in a defined situation and when a need for action is identified.

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

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.