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Finance Analyst

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 have a fantastic opportunity for a part-qualified accountant to join the Accounting Operations Team here at L&G in our Central Cardiff Office.

As a Finance Analyst you will provide analytical support and management information to business partners. You will also review and approve daily and monthly Accounting Operations transactions and take responsibility for reconciliations. As well as assisting with the preparation of financial ledgers and trial balances from which statutory financial accounts, tax and other regulatory returns can be produced.

This a hybrid working opportunity, which means that you can work flexibly from both our Cardiff Office and your home, to find a work-life balance that works for you.

    What you'll be doing:

    • Reviewing and approving journals for posting to the Oracle accounting system as part of statutory financial or regulatory reporting period end close, in accordance with Accounting Operations timetables.
    • Taking responsibility for financial or box reconciliations, including the investigation and clearance of outstanding items, as per deadlines mandated in the Accounting Operations timetable, ensuring the reasons for reconciling items are clearly and concisely explained.
    • Contributing to the accurate and timely preparation of the monthly financial / management accounts, related revenue, balance sheet, tax or other regulatory returns in accordance with Accounting Operations timetables.
    • Assisting and delivering analytical support and management information to various business units, as well as ad hoc requests from Accounting Operations management.
    • Adhering to robust financial controls in compliance with Group Standards, statutory and regulatory requirements and the risk and control framework. Including maintaining procedure notes and ensuring they are up to date and fit for purpose. 
    • Assisting internal or external auditors as and when required.
    • Taking Responsibility for identifying and resolving issues and errors found in Accounting Operations processes, as well as identifying opportunities for process improvement, adding and maintaining them on the continuous improvement log and progressing them through to execution.
    • Assisting with the maintenance, development and integration of relevant systems and supporting the team with projects, in particular testing, as and when required.
    • Ensuring that the appropriate Finance MI, processes and systems are in place to provide support to the product divisions so that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policy.

    Qualifications

    Who we're looking for:

    • Part-Qualified/Student Accountant who is actively studying towards ACA, ACCA or CIMA Qualification (or equivalent) OR equivalently qualified by demonstrable, relevant experience within a Finance Environment
    • Excellent knowledge of Microsoft Excel and experience using PowerPoint and Word is required.
    • Experience of working on a core accounting system and performing ledger postings and reconciliations.
    • Experience of using, extracting and reporting data from accounting and other office-based administration systems.
    • Strong written and verbal communication skills, with the ability to effectively interact with stakeholders across the business, as well as having the ability to actively listen to others and challenge to ensure understanding of their viewpoint is correct.
    • Proactively seeks solutions to problems and escalates concerns/challenges accordingly.
    • Clarifies objectives, aims and timescales to deliver the required outcome. So they can prioritise workloads effectively and obtain relevant information to assist in decision-making.
    • Ability to build and develop strong relationships with peers and within the Accounting Ops leadership team, as well as acting as a valued business partner to other parts of the business.
    • Ability to work independently or as part of a team, while planning and prioritising tasks.
    • Attention to detail and accuracy is a must, with a constant commitment to producing high-quality work.

    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
    • 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.

    What You Should Know About Finance Analyst, LegalAndGeneral

    At Legal & General, we're on the lookout for a talented Finance Analyst to join our dynamic Accounting Operations Team at our Central Cardiff Office. If you're a part-qualified accountant eager to make a difference, this could be your dream job! You will dive into financial analysis, providing essential management information to our business partners and ensuring daily and monthly accounting transactions are not just approved but optimized for our operational needs. Your analytical mindset will shine as you take charge of reconciliations and contribute to the preparation of financial ledgers and trial balances. Here, we value work-life balance, so this role offers the flexibility of hybrid working, allowing you to seamlessly blend time in our vibrant office with work from home. With a focus on accurate reporting and adherence to robust financial controls, you will play a critical role in the timely preparation of management accounts and any ad-hoc requests that arise. The ideal candidate is not just numbers-savvy but also possesses excellent communication skills, enabling you to collaborate effectively across various teams. If you are passionate about driving process improvements and possess strong technical skills in Excel and other financial systems, we are excited to hear from you. Join us at Legal & General, where we invest in your future while you help us build a better society for all!

    Frequently Asked Questions (FAQs) for Finance Analyst Role at LegalAndGeneral
    What responsibilities does the Finance Analyst at Legal & General have?

    The Finance Analyst at Legal & General is responsible for reviewing and approving journals for posting in our Oracle accounting system, reconciling financial data, and assisting in the preparation of management accounts and other regulatory returns. Additionally, you will provide analytical support to various business units and ensure compliance with financial controls and Group Standards.

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    What qualifications are required to apply for the Finance Analyst position at Legal & General?

    To qualify for the Finance Analyst position at Legal & General, candidates should be part-qualified or actively studying towards ACA, ACCA, or CIMA qualifications or possess equivalent relevant experience. Strong knowledge of Microsoft Excel and experience with accounting systems for ledger postings and reconciliations are essential.

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    Is there a flexible working option for the Finance Analyst role at Legal & General?

    Yes! The Finance Analyst role at Legal & General allows for hybrid working, facilitating a flexible approach that includes working both from our Cardiff office and from home. We believe in providing our employees with a work-life balance that suits their needs.

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    How does the Finance Analyst contribute to Legal & General’s success?

    As a Finance Analyst at Legal & General, you contribute by ensuring accurate financial reporting, facilitating effective management controls, and providing analytical insights that help business partners make informed decisions. Your work will directly impact our goal of building a better society through informed financial management.

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    What personal attributes are important for a Finance Analyst at Legal & General?

    Important personal attributes for a Finance Analyst at Legal & General include strong communication skills, attention to detail, the ability to work both independently and as part of a team, and a proactive approach to problem-solving. Building relationships and collaborating across various teams is also key to success in this role.

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    Common Interview Questions for Finance Analyst
    Can you describe your experience with financial reconciliations?

    In your answer, provide specific examples of reconciliations you've performed, what systems you've used, and how you ensured accuracy. Highlight any challenges faced and how you resolved them, demonstrating your analytical skills and attention to detail.

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    How comfortable are you with using accounting software like Oracle?

    Discuss your familiarity with Oracle or similar systems. Mention any relevant training or experience and how you've utilized these tools in past roles to improve efficiency or accuracy in financial reporting.

    Join Rise to see the full answer
    What methods do you use to ensure compliance with financial regulations?

    Explain your approach to keeping up-to-date with financial regulations and your experience in implementing compliance measures. Provide examples of how you've adhered to financial controls and contributed to audit processes in previous positions.

    Join Rise to see the full answer
    Can you explain a time when you improved a financial process?

    Share a specific example where you identified a problem in a financial process and the steps you took to improve it. Highlight the positive outcomes of your actions, including enhanced efficiency or accuracy.

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    How do you manage tight deadlines in financial reporting?

    Discuss your time management strategies, including how you prioritize tasks and ensure timely delivery. Mention tools or techniques you've found effective for staying organized during peak periods.

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    What is your approach to providing analytical support to business units?

    Describe how you gather and analyze data to provide insights. Discuss how you communicate these findings to stakeholders and how they have influenced business decisions.

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    How would you handle discrepancies in financial data?

    Explain your troubleshooting process when discrepancies are discovered, emphasizing the importance of thorough investigation, clear communication, and collaborative problem-solving.

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    Why are you interested in working at Legal & General as a Finance Analyst?

    Share what you find appealing about Legal & General's values and culture. Connect your career goals with the opportunities offered in this role and how you see yourself contributing to the team.

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    Describe a time you had to explain complex financial information to a non-finance audience.

    Provide a specific example where you translated complex data into understandable terms, focusing on how you engaged with your audience and ensured they grasped the key messages effectively.

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    What are your long-term career goals in finance?

    Discuss your aspirations in the finance field, including which qualifications you plan to achieve and your desire to develop particular skills that will help you contribute to Legal & General's success as a Finance Analyst.

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    DATE POSTED
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