UK Jobs 2024

Junior Commercial Finance Analyst Jobs in UK 2024

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Booker Group UK is looking for a Junior Commercial Finance Analyst who is highly motivated and detail-oriented to join our team. As a Junior Commercial Finance Analyst, you will help the finance department by evaluating financial data, assisting with financial planning and forecasting, and giving insights to enhance business performance. This is a fantastic opportunity for anyone with a passion for finance, good analytical skills, and a desire to advance their career in the sector.

Details of Junior Commercial Finance Analyst Jobs in UK

  • Company Name: Booker Group
  • Job Location: Equity House Irthlingborough Road Wellingborough, NN8 1LT
  • Job Position: Junior Commercial Finance Analyst
  • Job Type: Full Time-Permanent
  • Shift: Evening, Night, Flexible Hours, To be determined, Morning
  • Basic Salary: Â£15.00-£20.00 hourly

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Responsibilities of Junior Commercial Finance Analyst Jobs in UK:

  • Analyze financial data, such as sales numbers, costs, and expenses, to spot trends, patterns, and opportunities for improvement.
  • Assist with the preparation of financial reports, budgets, and forecasts, ensuring accuracy and timeliness.
  • Gather and consolidate financial information from numerous sources to aid in the financial planning process.
  • Perform variance analysis to compare actual financial performance to budgets and predictions, identifying important variation drivers.
  • Assist in the preparation of financial statements and management reports on a monthly, quarterly, and annual basis.
  • Collaborate with cross-functional teams to collect data and insights to help decision-making and company success.
  • As needed, participate in financial modeling, scenario analysis, and ad hoc financial projects.
  • Keep financial databases and systems up to date, maintaining data integrity and accuracy.
  • Maintain a current understanding of industry trends, legislation, and best practices in financial analysis and reporting.
  • Assist in the identification of process improvements and the implementation of streamlined procedures to improve efficiency and accuracy.

Qualifications for Junior Commercial Finance Analyst Jobs in UK:

  • Bachelor’s degree in Finance, Accounting, or a closely related subject is required.
  • Strong analytical abilities, as well as the ability to understand financial data and identify crucial insights.
  • Financial modeling, data analysis, and financial reporting expertise are required.
  • Working with financial data requires great attention to detail and accuracy.
  • Knowledge of financial principles, accounting concepts, and financial statements is required.
  • Excel advanced talents, such as the ability to employ formulae, functions, and pivot tables.
  • Understanding of the financial planning and forecasting processes.
  • Excellent verbal and written communication skills are required to properly communicate financial facts to stakeholders.
  • Ability to operate alone as well as collaboratively in a team setting.
  • To prioritize activities and meet deadlines, you must have strong organizational and time management skills.
  • Financial system and software knowledge is advantageous.

Benefits of Junior Commercial Finance Analyst Jobs in UK

  • Practical Experience: These positions offer significant practical knowledge in the areas of financial analysis, budgeting, forecasting, and reporting. By collaborating closely with senior team members, junior analysts are frequently exposed to a variety of financial processes and instruments.
  • Career Advancement: Entry-level positions frequently function as transitional corridors to higher-level positions within the finance department or the organization as a whole. Individuals can attain positions such as Senior Finance Analyst, Finance Manager, or even Director of Finance with the appropriate credentials and experience.
  • Exposure to Business Operations: Junior Commercial Finance Analysts are frequently exposed to business operations through their close collaboration with other departments, including marketing, sales, and operations. This experience enables them to develop cross-functional skills and comprehend the effects that financial decisions have on various facets of the organization.
  • Development of Skills: These positions provide chances to cultivate critical competencies including data analysis, financial modeling, and effective communication. Additionally, junior analysts acquire the ability to operate financial software and instruments that are standard within the field.
  • Opportunities for Networking: Participating in a finance team offers prospects for establishing connections with mentors, colleagues, and other industry experts. The benefits of networking for career advancement and gaining access to future employment opportunities can be immeasurable.
  • Competitive Compensation: Junior finance positions, despite being entry-level, generally provide competitive remuneration and benefits packages. Individuals who acquire expertise and experience may qualify for salary increases, benefits, and incentives.
  • Professional Development: Numerous organizations allocate resources towards fostering the professional growth of their staff through the provision of training initiatives, certification schemes, and avenues for advanced study. Junior analysts have the opportunity to augment their expertise and understanding by utilizing these resources.
  • Industry Exposure: Junior analysts may acquire industry exposure in sectors or industries that are of particular importance to the organization, including technology, healthcare, finance, manufacturing, or finance. Those who are interested in pursuing a specialized career path may find this industry exposure to be valuable.
  • Contribution to Decision-Making: Analysts, even when occupying subordinate positions, frequently make contributions to critical decision-making processes that transpire within the organization. Their analysis and insights assist senior executives in making well-informed financial decisions that stimulate the expansion and profitability of the organization.
  • Demand and Job Stability: Across all industries, finance positions, including commercial finance analyst positions, are typically in high demand. The perpetual expansion and transformation of businesses generate an ongoing demand for experts capable of scrutinizing financial data and delivering strategic insights.

How to Apply for Junior Commercial Finance Analyst Jobs in UK:

If you are a motivated and analytical individual with a passion for finance, we encourage you to submit your resume showcasing your necessary skills and experience for a position as a Junior Commercial Finance Analyst with Booker Group UK. We appreciate your interest in our organization, and qualified candidates will be contacted for the next steps in the employment process.

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People Also Ask:

  1. Are financial analysts in demand UK?

    Financial Analysts are currently in high demand in Legal Finance, and we expect the need will continue to rise in the coming years. Financial analysts are employed by law firms to improve business growth and help senior management make educated choices.

  2. What does a junior commercial analyst do?

    As a Junior Commercial Analyst, you will be in charge of generating more income in the local vertical, especially in your given area. In this field, you will be highly proactive, analyzing performance levels, expressing issues, and looking for opportunities.

  3. How much do commercial finance analysts make in the UK?

    The average salary for a commercial finance analyst is £39,770 per year in the United Kingdom. The average additional cash compensation for a commercial finance analyst in the United Kingdom is £2,933, with a range from £1,678 to £5,126.

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