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Junior Financial Analyst

Company Description

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, create marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to accomplish their financial goals and help them save time and money.

We operate across a range of markets, from financial services to healthcare, automotive, agribusiness, insurance, and many more industry segments.

We invest in people and new advanced technologies to unlock the power of data. As a FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 22,500 people across 32 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at experianplc.com.

Job Description

As a Junior Financial Analyst you will provide support to the assigned region across management and general accounting, financial analysis, reporting, forecasting and the conversion of data into management information. You will be reporting into the Senior Finance Manager.

What you'll be doing?

  • Support month/year end close activities ensuring financial data is accurate and following Experian's accounting policies and IFRS;
  • Compliance with all local regulatory and statutory requirements ;
  • Be responsible for selected balance sheet accounts and to provide complete and informative balance sheet reconciliations/analysis;
  • Support the forecast process for a respective area;
  • Provide pre-defined (monthly, quarterly and annual) and ad hoc management information reports with accurate views of financial performance and insight/commentary;
  • Support in the development and control of the annual operating budget within the assigned region / area;
  • Identify the most thoughtful strategies to deliver cost savings/efficiencies across the area of support, balancing EBIT and with revenue growth, capital expenditure, prioritization of major projects and business case reviews;
  • Contribute to the optimization of current processes and demonstrating continuous improvement mindset;
  • Work within and support the framework of policies, procedures and standards which supports the delivery of accountabilities/responsibilities.

Qualifications

What you'll bring:

  • +1 year of relevant experience;
  • Fluency in English;
  • University degree in Accounting, Finance or Finance/Business related degree;
  • Awareness of business planning techniques and tools – needed to support forecasting and budget process;
  • Support other more junior team members with prioritization;
  • Ability to manage stakeholders across diverse groups and across different countries;
  • Good relationship building skills and ability to create partnerships with stakeholders and teams;
  • Team player.

Additional Information

What you will get:

  • Work environment - excellent work conditions with friendly environment, recognized team spirit, and fun and quality recreation time.
  • Social benefits package including life insurance, food vouchers, additional health insurance for you and a family member, monthly flex allowance including internet bill coverage, sick leave allowance, corporate discounts, marriage and childbirth / adoption allowance, Multisport card, Sharesave plan, Employee assistance program, а birthday gift and many more!
  • Work-life balance - 25 days paid vacation, 1 additional day off for your birthday and extra 3 paid days for participation in social responsibility events.
  • Opportunity for flexible working hours and home office.
  • Personal Development - career pathways for professional growth supported by learning and development programmes and unlimited access to online educational training courses, learning materials and books.

Experian is an Equal opportunity employer. Everyone can succeed at Experian and bring their whole self to work, irrespective of their gender, ethnicity, religion, colour, sexuality, physical ability or age. If you have a disability or special need that requires accommodation, please let us know at the earliest opportunity.

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What You Should Know About Junior Financial Analyst, Experian

Join Experian as a Junior Financial Analyst and embark on an exciting journey in the world of finance! Located at Boulevard 'Tsarigradsko shose' 86 in Sofia, Bulgaria, this role provides a unique opportunity to dive into the dynamic field of financial analysis. At Experian, we pride ourselves on our global presence and innovative data techniques, and as a Junior Financial Analyst, you will be an integral part of our team. In this position, you will support the monthly and yearly close activities, ensuring our financial data complies with Experian's accounting policies and the latest IFRS standards. Your analytical skills will shine as you handle balance sheet accounts and develop insightful reports that help inform strategic business decisions. Plus, you'll have the chance to contribute to budgeting processes and help identify cost-saving strategies that foster efficiency while enhancing revenue growth. Collaborating with senior managers and playing a key role in our continuous improvement initiatives will help you grow and develop professionally within a friendly and supportive environment. Our diverse teams come together to unlock potential and help millions achieve their financial goals, making this is a fantastic opportunity for anyone looking to step into the financial services sector with a company that truly values its people and invests in their growth.

Frequently Asked Questions (FAQs) for Junior Financial Analyst Role at Experian
What qualifications do I need to apply for the Junior Financial Analyst position at Experian?

To apply for the Junior Financial Analyst role at Experian, you will need a university degree in Accounting, Finance, or a related field. Having more than 1 year of relevant experience and being fluent in English are essential qualifications that will strengthen your application.

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What are the key responsibilities of the Junior Financial Analyst at Experian?

As a Junior Financial Analyst at Experian, your key responsibilities include supporting month-end and year-end close processes, ensuring accurate financial data according to IFRS standards, preparing balance sheet reconciliations and insightful management reports, and assisting in the budget development and forecasting processes across your assigned region.

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How does the Junior Financial Analyst position contribute to Experian's financial performance?

The Junior Financial Analyst role is crucial in enhancing Experian's financial performance by providing thorough financial analysis and actionable insights through management information reports. Your contributions will help guide decision-making processes and ensure compliance with financial regulations, ultimately supporting the company's strategic goals.

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What type of work environment can I expect as a Junior Financial Analyst at Experian?

At Experian, you can expect a welcoming and collaborative work environment as a Junior Financial Analyst. The company emphasizes team spirit, fun recreation time, and offers excellent working conditions that prioritize your well-being and work-life balance.

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What growth opportunities exist for a Junior Financial Analyst at Experian?

Experian is committed to fostering personal development and professional growth. As a Junior Financial Analyst, you'll have access to learning and development programs, online courses, and mentorship opportunities that can help you advance your career within the company.

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What benefits do Junior Financial Analysts receive at Experian?

Experian provides a comprehensive social benefits package for Junior Financial Analysts, including life insurance, health insurance, monthly allowances, corporate discounts, and generous vacation days. You'll also enjoy additional perks such as a birthday day off and opportunities for flexible working hours.

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What skills are essential for succeeding as a Junior Financial Analyst at Experian?

For success as a Junior Financial Analyst at Experian, strong analytical skills, attention to detail, relationship-building abilities, and adaptability to manage diverse stakeholders are crucial. Having an awareness of business planning techniques will further enhance your effectiveness in this role.

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Common Interview Questions for Junior Financial Analyst
Can you explain your understanding of IFRS and its importance in financial analysis?

IFRS, or International Financial Reporting Standards, are essential guidelines for financial reporting that ensure consistency and transparency in the financial statements of companies. It's crucial to understand IFRS as it helps in maintaining compliance and producing accurate financial reports, which are vital for decision-making and maintaining investor trust in any organization.

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How would you approach preparing a financial report for a specific management request?

To prepare a financial report for management, I would first clarify the specific information and metrics required. Next, I'd gather relevant data from various financial records, ensuring accuracy. I would analyze trends and key performance indicators before structuring the report clearly and succinctly, incorporating visual aids where necessary to enhance understanding and facilitate decision-making.

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What experience do you have with budget forecasting?

In my previous role, I participated in the budget forecasting process by collecting historical data and analyzing trends. I collaborated with different departments to gather their input and used financial modeling techniques to produce realistic forecasts while considering potential market changes. This helped the management make informed decisions about resource allocation.

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How do you prioritize tasks when dealing with multiple deadlines?

To manage multiple deadlines effectively, I prioritize tasks based on their urgency and impact on the overall financial processes. I often use tools like to-do lists and project management software to track progress. Additionally, I communicate with my team regularly to ensure alignment on priorities and to ask for support when needed.

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What tools or software are you familiar with for financial analysis?

I am experienced in using Excel for data analysis and reporting, as well as financial modeling. I am also familiar with financial software like SAP and Oracle for managing financial information, budgeting, and forecasting processes, which streamline tasks and enhance accuracy.

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Can you describe a time when you identified a cost-saving opportunity?

In my previous internship, I conducted a review of operational expenses and found that by renegotiating supplier contracts, the company could save approximately 15% annually. This recommendation was implemented successfully, resulting in significant cost savings. I learned how analysis and awareness of spending can lead to efficiencies.

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How do you ensure accuracy in financial data reporting?

To ensure accuracy in financial data reporting, I adopt a systematic approach by double-checking data entries, cross-referencing information from multiple sources, and following established accounting practices. I also believe in the importance of conducting audits and regularly reviewing processes to identify any discrepancies or areas for improvement.

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How do you approach teamwork and collaboration in finance?

I believe that effective teamwork in finance hinges on open communication and mutual respect. I prioritize creating a friendly environment where team members feel comfortable sharing ideas. I often seek feedback and encourage contributions from everyone, which fosters innovation and collective problem-solving.

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What is your understanding of balance sheet reconciliations?

Balance sheet reconciliations are important for ensuring that the balances in the financial statements are accurate and consistent with supporting documentation. It involves comparing account balances with external records and identifying any discrepancies, which can help provide insights into the financial position of the company and support strategic decision-making.

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Why do you want to work for Experian as a Junior Financial Analyst?

I want to work for Experian because I admire its commitment to innovation and its role in transforming financial services through data and analytics. As a Junior Financial Analyst, I see a unique opportunity to contribute to a company that helps millions achieve their financial goals while also supporting my professional growth in a collaborative and supportive environment.

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Full-time, hybrid
DATE POSTED
November 26, 2024

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