Group FP&A Control & Support Partner

Posted 5 Days Ago
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London, Greater London, England
Mid level
Financial Services
The Role
The Group FP&A Control and Support Partner will manage the relationship between FP&A and Control Functions for forecasting and budgeting. Key responsibilities include developing budgets, driving process improvements, analyzing costs, and communicating financial performance to stakeholders. This role requires strong interpersonal skills to effectively liaise with various business partners.
Summary Generated by Built In

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.
The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a leading franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.
Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.
For more information visit www.marex.com

Purpose of Role:

The Group FP&A Control and Support Partner will lead the relationship between FP&A and the Control and Support Functions, for forecasting and budgeting, globally across the firm. Requiring exceptional communication and interpersonal skills, they will interface between the Business Partners and the Control and Support Functions to understand and develop forecasts for the Control and Support uplift to support new business initiatives. They will develop and implement full budgets for each Function, providing review and challenge and holding the Functions to account for progress against the plan. The Group FP&A Control and Support Partner will develop an extensive knowledge of Marex’s cost base, identifying, interrogating and aggregating the initial data sets, driving significant process improvements and specifying business requirements for automation. The Group FP&A Control and Support Partner will drive cost discipline and partner with the relevant teams to identify opportunities to optimise costs.

Responsibilities:

• Lead the relationship between FP&A and the Control and Support Functions, for forecasting and budgeting, globally across the firm.
• Act as the interface between the Business Partners and the Control and Support Functions to understand and develop forecasts for the Control and Support uplift to support new business initiatives. Ground Control and Support Function forecasts into budgets; tracking and providing data to assess progress vs plan.
• Drive significant process improvements, sourcing and analysing data to meet internal management and business needs and external disclosures.
• Drive cost discipline and partner with the relevant teams to identify opportunities to optimise costs and provide insight and analysis for senior management and external disclosures
• Communicate financial performance, forecasts, and insights effectively to support decision-making and investor relations activities.
• Provide key financial metrics to investors and external stakeholders, ensuring compliance with regulatory requirements.
• 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 Function heads to gather input, review financial projections, and ensure alignment with strategic goals and objectives.
• Identify and drive improvements to processes, including reporting, monthly close and cost allocations to improve efficiency and strengthen controls. Implement best practices to drive efficiency, accuracy, and the quality of financial analysis and reporting.

    Competencies, Skills and Experience:

    Competencies:

    • Excellent verbal and written communication skills
    • Excels at building relationships, networking and influencing others
    • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
    • A collaborative team player, approachable, self-efficient and influences a positive work environment
    • Proven ability to lead process changes and solve problems
    • Resilient in a challenging, fast-paced environment

      Skills and Experience:

      • Considerable experience in a similar area, with the ability to assess and deliver requirements across the cost base and Control and Support Functions
      • Experience delivering significant advances to existing processes, to the standards of a listed environment
      • Experience in engaging with senior management, acting as the representive for their team
      • Exceptional financial analytic and problem solving skills. Ability to determine and build initial analysis and articulate business requirements for automation
      • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

        Marex’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the employer of choice for prospective candidates. We encourage applications from candidates returning to the job market.
        It is the policy of Marex to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
        #LI-PP1

        The Company
        HQ: New York, NY
        732 Employees
        On-site Workplace
        Year Founded: 2005

        What We Do

        We are a diversified global financial services platform, connecting clients to global energy, metals, agricultural and financial markets. Across our businesses we provide critical high value-add services in Market Making, Execution and Clearing, Hedging and Investment Solutions, Price Discovery and Data & Advisory.
        We have a leading franchise in many major metals, energy and agricultural products, executing around 38 million trades and clearing over 193 million contracts in 2021.

        The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

        Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 22 offices worldwide, the Group has over 1,100 employees across Europe, Asia and America.

        State-of-the-art electronic and voice broking services facilitate all types of trading strategies. This is backed by decades of experience, with Marex emphasising intellectual knowledge and insight, alongside access to extensive data sets and the latest analytical tools.

        In addition to its core operations, Marex's scale and expertise in commodity derivatives, as well as physical products, has enabled it to respond to client demand and offer services for financial futures & options and foreign exchange.

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