19 Oct
Ofcom
London
Job description
Closing Date : 04 / 09 / 2024
04 / 09 / 2024
Group : Corporate Group
Corporate Group
Management Level : Senior Associate
Senior Associate
Job Type : Permanent
Permanent
Job Description :
Please note that this role will close at 00 : 01 on Wednesday 4th September and therefore we advise getting your application in no later than midnight on Tuesday 3rd September.
About Ofcom
As the UK’s communications regulator, we’re delivering vital work that helps keep the UK connected and shapes the future of how we’ll stay connected with each other.
Our work covers everything from phones and broadband, through to TV, radio, the postal service, and wireless devices.
We’re also taking on the challenge of making the online world a safer place.
And we need people of all backgrounds, skill sets, and experiences to help us achieve our goal of making communications work for everyone.
About the team you’ll be part of
This role sits within the Strategic Finance & Funding team, a multi-discipline team responsible for a range of finance services across the organisation.
These include : strategic finance & business planning, business partnering, external stakeholder management and business case development.
The purpose and scope of the role
Reporting to the Finance Business Partner, the Senior Finance Analyst will work closely with the management team of an assigned business Group / s and be responsible for conducting a range of activities including budgeting, modelling, forecasting, analysis and reporting.
The role will monitor actual outcomes and variances against budget and forecasts. This role also provides first line support / cover for the Finance Business Partner.
Your Key Responsibilities
Working with the Finance Business Partner to provide value added support, guidance, financial review and challenge to specific Groups.
Act as a financial point of contact for the assigned Group(s).
Close month end management accounts in line with governance frameworks.
Assurance of financial accuracy and completeness.
Develop, support, challenge and review business cases.
Work closely with the Finance Business Partner to prepare monthly Group Performance packs.
Provision of financial analysis and commentaries for inclusion within the Group Performance Packs.
Meet with cost centre managers to review and manage their budget.
Drive performance awareness through structured reporting, undertake monthly analysis of financial results and review variances.
Working with senior management within Groups and in conjunction with the Finance Business Partner, develop annual budgets, quarterly forecasts and longer term strategic financial plans (three years) in line with overall timelines and requirements.
Working with the Finance Business Partner in support, oversight and management of the Group’s portfolio of work.
Provide cover for team members within the Business Planning & Reporting Team as required.
Supporting the Finance Business Partner in regard to their responsibility for overseeing Group level risks.
Completion of ad-hoc projects and analytical reviews as required.
The skills, knowledge and experience you’ll need for success
A qualified accountant and member of a recognised professional body,
either CCAB, CIMA or equivalent
Management accounting experience in a financial control / planning environment.
Experience of reporting and analysis from financial systems including in reporting good practice.
Designing and producing reports with accuracy in a variety of output formats e.g. PowerPoint, Excel, Word.
Experience of independently building and maintaining complex financial models in Excel.
Harmonising work : Ability to challenge the business to achieve results through building effective working relationships with colleagues across the organisation.
Channelling influence : Influence stakeholders across levels.
Articulating ideas : communicate financial information clearly both verbally and in writing,
including to non-financial audiences.
Building solutions : provide evidence based-solutions, appreciating the bigger picture without losing sight of the detail.
Executing plans : ability to prioritise workload and effectively manage expectations across multiple internal stakeholders.
Ofcom has a clear mission : to make communications work for everyone. To be able to deliver on this, we want our organisation to reflect the diversity of background, experience, upbringing and thought that exists across the UK.
We aim to recruit from the widest pool of candidates possible no matter your social background, ethnicity, sexual orientation, gender or disability.
Where positions are listed as full-time, we remain open to reduced hours, part-time arrangements, job shares,
and other flexible working options.
From day one, we champion flexible work arrangements to accommodate individual needs.
We also warmly welcome applicants who are returning to the workforce after a break for whatever reason. If you have taken time away and are ready to rejoin, we look forward to reviewing your application.
Our recruitment processes prioritise accessibility and inclusivity. If you need information in an alternative format or have specific preferences, please contact our recruitment team at resourcing@ofcom.
org.uk or call 0330 912 1378.
As a Disability Confident employer, we offer interviews to disabled applicants who meet essential criteria for advertised roles.
Learn more about this scheme here. https : / / www.ofcom.org.uk / about-ofcom / jobs / disability-confident-scheme