Your New Team
You will be part of our Finance Allocations team. We work closely with other areas of the wider Finance community and people across the business. Our focus is management and statutory cost allocations across the Schroders Group. This includes two core allocation models, one for management allocations and one for statutory allocations, along with VAT and technology allocation models. We ensure that cost allocations comply with allocation policies and Transfer Pricing rules and that allocation drivers are updated to reflect changes in the business.
Who We're Looking For
We need someone who is responsible for the Group management allocations model. This includes running the monthly calculation and embedding the operational process, including governance and controls, within the team. The role also involves running the model in budget scenarios as needed.
Your Role
The key responsibilities in this role are:
- Calculation of management cost allocations using a waterfall allocation model on a monthly basis.
- Governing changes made to the model which includes the update of allocation drivers.
- Managing the end-to-end process, from data ingestion through to reporting outputs. This includes identifying errors or control flags and then resolving these with data providers on a timely basis.
- Acting as a key point of contact for stakeholders and providing analysis as needed.
- Quickly becoming a subject matter expert for management cost allocations and associated systems and processes.
- Engaging with the management accounting programme to ensure that model enhancements are delivered correctly.
- Supporting other models and wider deliverables in the team as required.
Skills & Experience Required
We are looking for an individual who understands the principles of owning a cost allocation model. The main skills and experience that are required are:
- Part-qualified accountant (or equivalent)
- Strong systems skills; intermediate to advanced Excel proficiency and an interest in learning new applications.
- Experience with allocation models and an understanding of allocation principles.
- Change-focused. Willing to challenge the current way of doing things and embracing new solutions, including AI.
- Strong analytical skills, with high attention to detail and accuracy.
- Strong organisational and time management skills.
- Keen problem solver with a technical and operational mind-set.
- Experienced in providing business support to stakeholders.
- Confident communicator capable of explaining complex processes to finance and non-finance users.
- Self-starter able to work independently and deliver change on a timely basis.
- Anaplan experience is an advantage.
