Financial Planning Analyst

About the team:

The Financial Planning & Analysis department supports the bank by providing key cost and income management analysis to the Board, Executive and Cost Centre Managers to help shape OSB’s future strategy. Covers all aspects of strategic planning, scenario analysis, budgeting and forecasting for Costs, Income and Liquidity & Capital Management.

About Us:

OSB Group is a leading specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

What you will be doing:

In this role, you will have the opportunity to partner the Group cost centre functions for cost management and provide support for Board reporting in Financial Planning and Analysis team.

You will have a direct impact on The Group’s performance and growth whilst gaining the opportunity to work across the business and develop a thorough understanding of how the Bank operates.

Your responsibilities will include…

• Preparing and distributing accurate and insightful monthly cost reporting at cost centre and project code level.
• Providing cost management support to the Group’s functions including budgeting, monitoring actual spend and ad-hoc cost analysis.
• Taking an active role in the opex forecast/budget process for the Group, producing and consolidating budget cost templates with Executives.
• Developing detailed understanding of each department’s budgets and drivers of any key variances and establish controls to ensure the robustness of the cost planning process.
• Assisting the Financial Planning & Analysis Manager, providing backup cover when required, in the compilation of the weekly and monthly Group management accounts for senior management

In return for your commitment:

We offer a base salary dependent on experience and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 15%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

Could you be the one?:

We are looking for talented individuals who have the experience and knowledge set out below:

• Previous experience working in an analysis role in a Finance team is essential.
• Advanced Excel skills.
• Working knowledge of accounting systems is essential.
• Strong understanding of variance analysis, budgeting and forecasting is essential.
• Advanced level of accuracy is essential.
• Working towards an accounting qualification would be an advantage.
• Ability to manage conflicting priorities is essential.

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next: If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply.
Alternatively, if you wish to have an informal and confidential chat about this role please contact us on recruitment@osb.co.uk
If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!
OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.
As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.
Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in an office and tied to the 9 to 5. Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest we are happy to be asked about flexibility and explore together if we can make it work.
All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.