Financial Planning and Analysis (FP&A) Analyst (Vice President)

Company

Jefferies, the global investment banking firm, has served companies and investors for almost 60 years. Headquartered in New York with its European head office in London, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, and asset management. Jefferies provides research and execution services in equity, fixed income, foreign exchange, and a full range of investment banking services including underwriting, merger & acquisition, restructuring and recapitalisation and other advisory services, with businesses operating in the Americas, Europe and Asia. 

Role Overview

We are looking to hire a Financial Planning and Analysis Analyst to perform the tracking, control and reporting of all revenues and expenses associated with Jefferies’ related party activities with SMBC/ Nikko and the Joint Venture (JV) being entered into by the two firms.

From 1 Jan 2027, Jefferies Financial Group’s three primary regulated entities JEFLLC, JIL and JEG (and others) will need to calculate ‘substantial fees’ to be paid to / from the JV for a variety of activities included in the Day1 scope. 

Additionally, Jefferies will provide a significant level of set-up and ongoing support to the JV across multiple legal entities, jurisdictions and support functions. Therefore, the role will include the tracking, review, validation and reporting of all expenses related to the business as well as material one-time setup and ongoing support costs. Liaison with the IT division to track spending against budgets will form a core component of this effort.

Future phases of the initiative will require further budgeting, tracking and reporting, including the planned Equity Derivatives launch.

Key Responsibilities

• Oversight, review and reporting on JV set-up expenses. Liaison with IT to maintain understanding and control of costs versus budget
• Administration and tracking of ongoing support SLA expenses. Monitoring of underlying assumptions and calculations, including periodic reviews to ensure ongoing accuracy
• Close coordination with product controllers to ensure accurate reporting and understanding of JV-related revenue flows, including gross and net views
• Reporting and explanation of revenues and expenses to both Jefferies’ and SMBC/Nikko’s senior management
• Maintenance of efficient structures to facilitate payments to/ from the JV
• Development of systemic control processes to accurately report and reconcile all related party activity

Skills / Background Required

• 5–10 years of relevant finance experience, with a strong background in FP&A, cost tracking, management reporting, budgeting, forecasting, and financial control
• Experience supporting complex revenue and expense tracking frameworks
• including allocation methodologies, cost assumptions, accruals, recharges, reimbursements, and variance analysis across multiple business lines or legal entities
• Strong understanding of financial services products and infrastructure, preferably including equities, convertibles, and capital markets activities
• Prior experience with related party reporting, intercompany charges, transfer pricing, or cost-sharing arrangements would be highly valuable, particularly within a regulated financial institution or global banking environment
• Ability to develop and enhance systematic control processes to ensure accurate reconciliation, validation, reporting, and disclosure of revenues, expenses, and related party balances
• Strong management reporting and stakeholder engagement skills with the ability to prepare clear analysis and commentary for senior management, business heads, finance leadership, and external JV / partner stakeholders
• Highly analytical and detail-oriented with the ability to review complex financial data, identify inconsistencies, challenge assumptions, and ensure alignment with contractual agreements and governance requirements
• Experience working across multiple legal entities, jurisdictions, and support functions including Technology, Operations, Finance, Legal, Tax, and Front Office teams
• Comfortable operating in a project-driven environment including supporting new business launches, phased implementation plans, Day 1 readiness, post-go-live controls, and future product expansion initiatives
• Advanced Excel and financial modelling skills required 
• Experience with financial reporting systems, data reconciliation tools, ERP platforms, or BI / dashboarding tools would be advantageous

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