Head of Cost Reporting and Analysis

at  Marex

ABOUT MAREX

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.
The FP&A Team is a core part of the wider Marex Finance Team, which is continuously improving to help drive and support significant business growth across the Marex group.
For more information visit www.marex.com (http://www.marex.com/)

SKILLS AND EXPERIENCE

• Qualified Accountant (CIMA / ACCA / ACA or equivalent)
• Significant experience of cost reporting and analysis including the development and review of cost management frameworks
• Experience in and good understanding of Financial Services
• Excellent communication skills
• Ability to collaborate with a broad range of stakeholders across the organisational matrix
• Ability to work with tight deadlines.
• Proven analytics and investigation skills
• Process optimisation or change experience (preferred, but not essential)
• Proficient in MS office (Excel) and Finance systems (e.g. peoplesoft and essbase preferred, but not essential)
• Problem solving skills
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

ROLE SUMMARY

To support the Global Head of FP&A in the development of a cost management framework to meet the standards of a listed environment and support Marex’s growth strategy.
This is will include in the improvement of controls and processes, as well as the development and preparation of regular financial management information for the board, business unit and control units. In addition the role holder participate in annual budget and quarterly forecast process, production of external results and strategy presentations, plus other ad-hoc projects as they arise.

RESPONSIBILITIES

• Lead the development of a cost management framework to meet the standards of a listed environment and support Marex’s growth strategy.
• Drive improvements to processes, including reporting, monthly close and cost allocations to improve efficiency and strengthen controls.
• Evaluate and enhance management reporting processes to make better use of available data. Drive improvements in data visualization and analytical capabilities to provide deeper insights for board reporting.
• Collaborate with internal stakeholders to gather insightful data and identify key drivers, KPls, and metrics for corporate planning. Develop comprehensive financial models and forecasts to support strategic decision-making.
• Provide key financial metrics to investors and external stakeholders, ensuring compliance with regulatory requirements. Establish processes that can be continued post-IPO.
• Prepare accurate and timely financial reports for private equity owners and other relevant stakeholders. Communicate financial performance, forecasts, and insights effectively to support decision-making and investor relations activities.
• Collaborate with the FP&A Director in delivering high-quality board pack reporting. Prepare financial analysis, performance metrics, and strategic updates to provide accurate and timely information to the board of directors.
• Partner with the FP&A Head in delivering the annual budgeting cycle. Work closely with department heads to gather input, review financial projections, and ensure alignment with strategic goals and objectives.
• Identify opportunities to improve FP&A processes, implementing reporting tools, and data analysis capabilities. Implement best practices to drive efficiency, accuracy, and the quality of financial analysis and reporting.
• Ensuring compliance with the company’s regulatory requirements under the FCA.
• Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
• Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
• At all times complying with the FCA’s Code of Conduct
• To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility
• To report any breaches of policy to Compliance and/ or your supervisor as required
• To escalate risk events immediately
• To provide input to risk management processes, as required.