FP&A Analyst

About the Role

The FP&A team plays a pivotal role in the company's financial planning and analysis, ensuring that all financial data is accurately translated into actionable management information. This involves preparing annual budgets, monthly operating models, and board documentation, as well as identifying areas for improvement in financial forecasting and reporting. The team's work is instrumental in aiding long-term planning and growth, making this role an exciting opportunity for someone looking to make a tangible impact on a company's financial strategy.

iwoca's commitment to innovation and the use of AI tools to enhance financial analysis and forecasting means that the successful candidate will have the opportunity to work with cutting-edge technology, driving faster and more accurate analysis. This blend of traditional financial analysis skills with modern technological tools makes the role particularly appealing to those interested in the intersection of finance and technology.

What You Will Do

• Prepare the monthly operating model, including reconciliations to accounting software and posting of journals required to complete the model.
• Contribute to and improve forecasting methodology to ensure it remains robust and accurate.
• Assist in the development and maintenance of data pipelines to support financial analysis and reporting.
• Prepare monthly Board documentation and interim and year-end Budget documents, ensuring all financial information is accurately presented.
• Identify and rectify issues or areas for improvement in the monthly operating model, implementing corrective actions as necessary.
• Build datasets to enhance the monthly operating model, ensuring it remains comprehensive and effective.
• Liaise with departments across the business to understand business developments and their impact on financial inputs to the operating model.
• Identify areas of inconsistencies between operating model forecasts and those used by the wider business, working to improve the accuracy of reporting.
• Use AI tools to explore data, generate insights, and improve workflows, driving faster and more accurate analysis.
• Contribute to the build-out of iwoca's forecasting platform, designing features and integrating with third-party tools such as Looker, Snowflake, and NetSuite.

What We Are Looking For

• Good analytical skills, with a high level of accuracy and attention to detail.
• A growth mindset, with the ability to improve and develop processes as the company grows.
• Ability to work to deadlines and manage stakeholder expectations effectively.
• Capacity to learn quickly and embrace change in a fast-paced environment.
• Proficient user of Excel, with experience in financial modelling and analysis.
• Experience with Looker, Snowflake, or equivalent tools would be desirable.
• Willingness and curiosity to leverage AI to maximize quality, speed, and rigor in financial analysis.

Nice to Have

• Experience in a similar FP&A role within the fintech or financial services sector.
• Knowledge of data engineering and product development, particularly in the context of forecasting platforms.
• Certification in financial planning or analysis, such as CFP or CFA.
• Experience with data visualization tools to present complex financial data in an accessible format.

Benefits and Perks

• Competitive salary package, reflecting the importance of this role to the company's financial strategy.
• Opportunity to work with a pioneering fintech company that's making a significant impact on the SME financing landscape.
• Hybrid working model, with the expectation to attend the London office twice a week, offering a balance between remote work and in-person collaboration.
• Access to cutting-edge technology and tools, including AI platforms, to enhance financial analysis and forecasting capabilities.
• Professional development opportunities, including training and support for career growth within the company.
• Collaborative and dynamic work environment that values innovation, autonomy, and evidence-based decision-making.

• Tip: Ensure you have a strong foundation in Excel and financial modelling, as these skills are crucial for success in this role.
• When applying, highlight any experience you have with AI tools or data engineering, as iwoca values the use of technology to enhance financial analysis.
• Portfolio Tip: Prepare examples of your financial models and analysis work to demonstrate your skills to potential interviewers.
• During the interview, be prepared to discuss your understanding of financial planning and analysis, as well as your experience working with cross-functional teams.
• When negotiating salary, consider the company's hybrid working model and access to cutting-edge technology as part of your overall compensation package.
• Red Flag: Be cautious if the company's expectations seem unrealistic in terms of workload or the level of autonomy provided, as this could indicate underlying issues with the role or company culture.