PMO finance analyst - Asset Management

Job Title: PMO finance analyst - Asset Management
Contract Type: Permanent
Location: City of London, London
Salary: £50000.00 - £65000.00 per annum + 20-30% Bonus
Reference: BBBH4531
Contact Name: Jessica Lachlan
Contact Email: jlachlan@venquis.com
Job Published: March 21, 2016 13:58

Job Description

A PMO finance analyst is required by a leading asset management company in The City.

The finance analyst will have either a degree in accountancy or an accounting qualification (AAT, ACCA, CIMA, CIPFA, ICAEW, ICAS, CAT,).

The role will include financial analysis of change portfolios, programmes and projects, streamlining processes, improving quality and reducing effort associated to financial planning and control.

The PMO Finance Analyst role reports to the PPMO Finance Manager and supports other stakeholders across Business Change such as PPMO Managers, Engagement Managers, Portfolio, Programme and Project Managers on aspects related to financial analysis and status reporting.

The role will also support the wider rollout of methodologies, processes and standardisation of tools supporting financial management.


  • Technical and modelling skills to analyse large volumes of data
  • Good stakeholder management is important to maximise collaboration and effectiveness
  • Excellent presentational skills (MS PowerPoint) are required to storyboard key messages to senior management. Key Responsibilities/Deliverables
  • Production of reports for the Change function by Portfolio detailing out various views of the financial progress (Project view, Account line view & Funding view)
  • Working closely with the Portfolios to understand their delivery plans and resulting costs
  • Coordinating various governance, controls and processes, in particular, those related with Approved Amounts which baseline project business cases
  • Manage all external spend in the Roadmap; liaising with Vendor Management and PM's to understand the demand
  • Work closely with the Strategy Data Programme to manage commitments (Statement of Works), invoices & cost forecasts
  • Analyse cost forecasts and resource profiles to sense check quality of forecast and conduct variance analysis whenever required
  • Develop and maintain agreed portfolio, programme and project financial controls aligned to Finance and audit requirements
  • Assist in the budgeting modelling process to ensure accuracy and effective communication across all stakeholders
  • Work together with the Programme Portfolio Management Office (PPMO) and the Finance department to develop and maintain wider controls and processes
  • Working with systems such as Notes, SharePoint and Planview to facilitate progress tracking and other Governance related activities
  • Dealing with various ad-hoc queries that lead to investigatory work
  • Commitment to robust finance processes and controls (within BC but also working with the Finance department) e.g. as part of month end process Knowledge & Experience

The role demands an individual that has been working as a PMO Finance or PMO Controller supporting medium to large business change projects and programmes for at least 5 years and ideally in the financial services sector.

  • Programme level experience is a must while Portfolio level experience is highly desirable
  • A significant experience engaging stakeholder at all levels is important to the success of the role
  • Significant experience engaging with Finance functions is required

The role is new to our Business Change organisation and requires the individual to be a self-starter, problem solver and highly analytically focused. Therefore, the role owner need to have solid experience to develop the role with limited supervision and by working very close with the Finance department and other Business Change stakeholders.

Key Controls

  • The role supports changes and enhancements of the Business Change financial management processes, procedures and controls; this is to adequately mitigate risks and fulfil control obligations from relevant Corporate policies and wider controls
  • While enhancing BC's internal processes and controls, the role engages with the relevant Finance and control functions to ensure changes are understood, acknowledged, and if required, approved by those functions
  • The role supports the establishment and implementation of Roadmap and Programme level controls to ensure financial risk derived from the management of change costs is adequately mitigated
  • The role helps equip senior change delivery stakeholders such as Portfolio Leads and Programme managers with the tools to implement wider financial management controls

Key Measures

  • Changes and enhancements to BC financial management practices and controls are adequate and fit-for-purpose
  • Internal and external stakeholders have a high degree of respect and value the financial management services offered by PPMO to support decision making, governance and control
  • BC capabilities are improved as a result of eliciting improvements based on best practice and to answer to existing and emerging challenges affecting financial management and delivery success
  • Our Finance stakeholders recognise the overall PPMO Finance role a successful bridge that enables insight and control on their behalf


  • A university degree is required
  • An accounting degree or qualification
  • PRINCE2 and/or MSP certifications would be advantageous

Social stream