financial analyst London, England
WEX
Full Time
London, England
58000 - 12.04 GBP ANNUAL Today
Job description
SCHEME FINANCE ANALYST / PERMANENT/ LONDON – HYRBID (TWO DAYS PER WEEK IN OFFICE) / UP TO £58K PLUS BENEFITS
WEX Inc. is a leading provider of B2B physical, digital and virtual card payment solutions – comprising small businesses, large fleet and corporations. WEX International business based out of Europe and APAC consists of 3 key divisions: APAC Fleet, Europe Fleet and International Travel. The business processes gross payments in excess of $30bn and reports annual net revenue of $300m, with healthy profit margins.
WEX International is in a significant period of change, as we consolidate the three divisions into one international view to bring cohesion, ownership and accountability to the business leaders.
Role Overview
Scheme Finance Analyst, International is a high visibility, permanent role within the International Finance team. The business operates in a Matrix Org, with General Managers responsible for local revenues and cost of sales, and regional Functional heads responsible for International costs of Finance, Legal, Product, Marketing, HR, IT and Credit. The incumbent will business partner with the Functional heads to produce consolidated International reporting and cost ownership. The role will also involve oversight and reporting of all scheme related charges – including scheme fees and Interchange.
Reporting to the European FP&A Director, the role will act as a key controller supporting all business leaders, on cost and scheme related matters. The role will interact heavily with the Group FP&A function based out of Portland Maine, driving timely International forecasting, reporting and budget cadence.
What’s on offer
- Competitive salary (up to £58k)
- Annual company performance bonus
- Hybrid working- two days per week office based
- 25 days holidays plus bank holidays per year
- Opportunity to purchase up to additional 5 days extra annual leave per year
- Company Pension & Life Assurance scheme
- Employee discount platforms
- Employee assistance programmes
- Career progression opportunities
Key Responsibilities
The key responsibilities include:
- Cost leadership - Work with functional international leadership teams and finance teams to understand and control cost base for the international business, developing gap plans and reporting cadence to drive accountability.
- Cost Budgets and Forecasts – full ownership of the budgets & forecasts processes (Budget, 3+9, 6+6 and 9+3), supporting monthly and quarterly reporting, variance analyses and other reporting requirements.
- Scheme Management – Ownership of all Scheme Billing across all WEX’s issuing entities – undertaking timely reconciliations, incentive accounting, reporting and relevant analytics to ensure accuracy. Undertake quarterly reporting to Schemes (QMR, GOC) and respond to queries raised as part of quarterly reviews with the Schemes.
- Business Partnering & Reporting – consolidate international costs across the functions and provide timely and accurate reports internally and externally in accordance with corporate guidance. This will include, annual strategic plans, scenario planning, monthly accounts, budgets and forecasts. Liaise with senior management, highlighting red flags and simplifying financial data.
- Systems & Business Improvements - Align systems and processes across the divisions of the international business, driving efficiencies in processes and working with Group FP&A team.
Key Competencies
- A qualified finance analyst (ACA/ACCA/CIMA or global equivalent) with PQE experience working in day-to-day financial planning and analysis in a global company environment.
- Recent experience working within payments and/or financial services industries.
- Solid commercial acumen.
- Experience of developing and maintaining financial planning and reporting models in Planning Analytics or other similar finance BI tool
- Advanced Excel
- A high level of attention to detail
- Strong presentation skills
What We’d Like in You
- A high degree of personal initiative
- Proactive hands on approach and keen to make a difference
- Flexibility – displays a creative and flexible approach to meet the changing circumstances of a growing business
- Attention to detail to ensure the accuracy of reporting
- The right level of judgement, drive and influence to successfully communicate key messages and influence decision makers
- Ability to prioritise competing demands across a wide spectrum of activity
- Influencing & negotiating skills – ability to liaise with senior stakeholders and negotiate outcomes
- Energy, commitment and a desire to work in a dynamic team environment
- Confident line managing individuals, providing coaching and feedback to help them develop
- A self-starter with strong ambition to grow and develop, demonstrated by seeking out opportunities for advancement and assisting others as needed
What’s Next?
If you believe that you have the necessary skill set and are seeking a career move then please APPLY TODAY for immediate consideration.
