Front Office Senior FP&A Analyst

at  CANTOR FITZGERALD SECURITIES

SKILLS / EXPERIENCE REQUIRED:

• Newly Qualified to 2/3 years PQE
• Must have a keen eye-for-detail to ensure accuracy and integrity of reporting.
• Strong MS Excel skills and good all-round IT abilities.
• Able to analyse performance by analysing P&L’s and KPI’s and make recommendations to Business Managers
• Ability to self-manage conflicting workloads to meet deadlines.
• Demonstrate a high level of numeric and oral communication skills and able to deal with queries from management.
• Experience in Financial Services or similar.
• Able to understand the financials being reported and challenge where numbers look unexpected.
• Confident in operating in a competitive work environment and the ability to handle challenging situations sensitively.

MAIN PURPOSE OF THE ROLE:

The Front Office FP&A team analyse and interpret financial and non-financial information to enable Senior Management and the front office to evaluate, control and maximise business profitability. The department is responsible for reporting all group business units across Europe, US and Asia/Pacific to Executive Managing Directors, the Chief Operating Officer, and Chief Financial Officer.
In terms of primary functions, the FP&A team are responsible for:
1. Preparation and presentation of monthly Front Office Executive packs
2. Detailed analysis of performance trends and profitability vs comparatives and forecast
3. Monthly analysis of front office compensation ratios and impact on group profitability
4. Weekly performance review with regional Business Managers
5. Preparation of front office forecasts and actual v budget analysis
6. Daily revenue flash reporting and quarterly revenue projections vs external guidance
7. Ad-hoc work as required by the front office and senior management

KEY RESPONSIBILITIES:

• Preparation and presentation of global Front Office reporting model and monthly Executive packs.
• Analysis of regional brokerage compensation, reviewing monthly movements, working closely with Broker Comp team and Business Managers to understand and document one-off and trend variances.
• Discuss regional front office performance with Business Managers and assist in tracking and driving improved profitability.
• Analyze underperforming businesses and work with Business managers to understand the story of the desks along with planned cost control and turnaround measures to achieve profitability.
• Review new investments, acquisitions and desk hires and analyze the path to profitability.
• Preparation of forecasts in conjunction with Business Managers to project out the anticipated performance of the front office.
• Analysis and review of support function cost allocations, working with the Group FP&A team to understand all allocated costs within the fully costed front office P&L.
• Coordination of enhancement and consistency across the wider Finance MI, including Broker productivity and capture of employee level detail across the finance ledger.
• Active role in the development and adoption of Tableau as our primary reporting solution.
• Undertaking ad-hoc analysis as requests are received from front office and senior management.