Analyst, MI Decision Support

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • ICBC Standard Bank Plc
  • 21 Apr 19

The purpose of this role is to work as part of the Management Information team, performing tasks including but not limited to: • Accounting journal entries • Analytical review of expenses • Balance Sheet reconciliations & substantiation • Monthly financial reporting to business units • Budgeting and forecasting

Job Purpose
The purpose of this role is to work as part of the Management Information team, performing tasks including but not limited to:
• Accounting journal entries
• Analytical review of expenses
• Balance Sheet reconciliations & substantiation
• Monthly financial reporting to business units
• Budgeting and forecasting

The purpose of this role is to work alongside members of the Management Accounting team to ensure key accounting processes are maintained both efficiently and effectively, comprehensive Balance Sheet substantiation is performed as well as producing monthly business unit reports. There will be expectations of this role to be an integral part of the MI Team – to help ensure accurate accounting records while adhering to internal controls, ensuring all deliverables are met and recommending enhancements to both accounting and reporting processes.


The candidate will need to develop strong relationships within the wider Finance team and other key support areas of the business and with our business stakeholders. They will be expected to maintain good control and confidentiality over accounting records and information provided to the business, while prioritising work and managing deadlines accordingly.


Key Responsibilities
The candidate will work alongside members of the Management Accounting team, assisting with accounting and reporting processes that fall under the team’s responsibility – including but not limited to:


Monthly accounting processes
• Reviewing expenses to identify any required accruals and prepayments
• Processing of journals and adjustments to the accounting records
• Variance analysis commentary in monthly cost review meetings
• Execution of the intra-group transfer pricing processes

Client Revenue Reporting (CRT)
• Engaging with the business to ensure the accuracy and completeness of CRT data
• Production of standard CRT reports
• Production of tailored and ad-hoc reporting to stakeholders where required
• Input into Transfer Pricing processes associated with CRT

Balance Sheet reconciliations and substantiation
• Substantiation and attestation of Balance Sheet accounts for review at the monthly Finance Governance Committee

Monthly financial reporting
• Production of monthly financial packs for distribution to business units
• Production of tailored and ad-hoc reporting to stakeholders where required
• Understanding and messaging of key drivers to explain monthly movements, as well as year-on-year movements and variances to budgets or forecasts

Budgeting and Forecasting
• Collaboration with the business to prepare annual budgets and interim forecasts
• Uploading of Budget and forecast information to the reporting systems

Business reporting structure maintenance
• Collaboration with finance business partners to ensure any business structure changes are implemented in the reporting systems

On an on-going basis the role will entail:
• Active involvement in applying technical skills and accounting knowledge to critically assess, re-engineer and improve prioritised processes, whilst remaining focused on internal controls
• Building up and maintaining good relationships with the wider Finance team and other key stakeholders within the bank
• A requirement to be execution focused with excellent attention to detail
• Involvement in ad-hoc analysis and reporting to add value to our business partners

Preferred Qualifications and Experience
• Regent graduate / part qualified accountant or equivalent
• Candidate will be expected to study a CIMA professional accountancy qualification
• Candidate should have excellent communication skills (written and verbal)
• Strong Microsoft Office application knowledge (Excel, Word, PowerPoint)
• Exposure to financial accounting systems such as SAP and TM1 will be an advantage

Personal attributes:
• Work as part of a team
• Able to work to deadlines, execution focused
• Diligent with strong attention to detail
• Able to work flexibly within a fluid environment and to deliver tasks simultaneously
• Strong problem solving skills and takes initiative to resolve issues