Financial Planning and Analysis Associate, EMEA
Job title - Financial Planning and Analysis Associate, EMEA
Corporate Title - Associate
Company overview:
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
Department overview:
The Finance Department at Nomura is made up of a close-knit team of around 200 people. We pride ourselves on our professionalism and believe working in such a fast moving industry should be reflected in our departmental culture - dynamic and flexible. This is also shown in our excellent reputation both within the bank and externally. There are 6 main areas that comprise the department; Financial Reporting, Control, Product Control, Regulatory Risk, Tax, Treasury and Cost Management & Analytics. Moves between these different areas are common, and are supported by management in order to give all staff a rounded experience.
Role description:
The role is within the Cost Management & Analytics team, who are responsible for regional MIS, as well as robust cost control and analysis for the region. This role involves detailed analysis and reporting of revenues, expenses, headcount and resource usage to senior management in all areas of the firm.
Typical tasks may include, but will not be restricted to, producing in-depth decision oriented MI, business partnering for the budget and rolling forecast process, detailed understanding of monthly expenses, partnering and supporting business managers and working with teams across the firm, both onshore and offshore to ensure commentary is meaningful and accurate, creating visibility into expense drivers.
The role will require supporting a high proportion of ad hoc project and analysis/scenario based work. As part of the role, you may be expected to liaise with various stakeholders across Finance, Strategy and the Front Office. Good communication skills and the ability to present ideas and analysis confidently will be a key requirement for the role. The candidate should be a pro-active thinker and eager to learn within a fast-paced environment.
This role provides a great opportunity to develop knowledge and understanding of how the Wholesale business operates and the challenges it faces as well as exposure to the broad range of businesses and people that operate in the front and back office.
The role is based in London at offices location at One Angel Lane, with 2 days minimum in the office.
Key responsibilities of this role:
1. Revenue / Client Revenue Reporting
o Contribute towards the regular and ad hoc performance analysis, liaising across Product Control and the Front Office, providing transparency and understanding for senior management
o Preparation of Client information and Sales performance
2. Budgeting / Forecasting
o Involvement in the rolling forecast process and annual budgeting exercises, with a focus on revenues and cost submissions. Helping to deliver the regional outlook, working closely with FO business managers and Strategy
o Involvement with Strategy function working to deliver the 3 year plan
3. Business Partnering
o The MIS team are responsible for the monthly tracking of FO product contributions to overall profitability
o Perform analyses/scenario-based modelling to support the business/senior management with direct and indirect cost analyses, including analysis of headcount.
o Prepare materials to support analysis and discussion with the business/senior management.
4. Projects/Re-engineering/Ad-hoc
o With this role there are numerous ad hoc tasks which can range from a quick request for numbers to month long scenario analysis projects.
o Improving the operating model through the use of technologies
Skills, experience, qualifications and knowledge required:
* Accounting or Finance based degree or professional qualification (ie. ACCA, CIMA, ACA)
* Strong numeracy and analytical skills to actively interrogate and present data in a meaningful format
* Have MIS systems (Hyperion Essbase) and process experience and excellent Excel and PowerPoint knowledge
* Fixed Income & Equity product knowledge an advantage but not essential
* Track record of working on and developing executive level reporting desirable
* Strong communication skills and ability to present confidently, articulately and credibly
* Able to build and maintain strong working relationships with stakeholders
* Self-starter, problem solver and ability to work with minimal supervision
* Ability to manage workload in challenging and busy environment. Ability to prioritise and balance multi and often conflicting requests/timeframes.
* Demonstrate a keeness to learn about the Global Markets business and related products.
Nomura competencies
Trusted Partner
* Understand clients' needs and issues, and respond with high-quality proposals
* Acquire capabilities to perform one's responsibilities and contribute to being a Trusted Partner
Entrepreneurial leadership
* Produce new ideas that might challenge the status-quo or oneself
Teamwork Collaboration
* Seek advice from senior colleagues and utilize it for improved results
* Collaborate with members from relevant departments
Influence
* Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others
* Serve as role model and provide guidance to junior employees
Integrity
* Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly
Diversity Statement:
Nomura is committed to an employment policy of equal opportunities and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.
Nomura is an Equal Opportunity Employer #J-18808-Ljbffr