Finance Business Partner
Our client, a major insurance firm are seeking a Finance Business Partner to join the team on a 9 month FTC. The business is going through a period of growth with ambitions for further growth. The purpose would be to support and challenge the Operations Director to deliver shareholder value whilst protecting policyholder returns through a clear understanding of all activities, cost drivers and income within Operations.
Main Duties and Responsibilities
To be the primary line of financial support for the income and cost base underlying the Operations Division, Group Actuarial and General Counsel challenging Exco / PMB members to ensure an efficient operating model.
To apply an in-depth understanding of ServCo business model, its drivers and environment in which it operates
To ensure that direct cost income is allocated correctly in the ledger to support the Senior Income Business Partner in entities being invoiced accurately and P&L categorisation is right first time for the MI & Planning Accountant to produce meaningful MI.
To produce and support the delivery of a customer focused finance service during the Month End process ensuring that the cost base and relevant income is accurate and accounted for correctly through effective review and challenge, with a high level of accuracy for the appropriate audience.
To liaise with the business to ensure that all project recoveries are processed correctly and accurately providing analysis where required to support the business to achieve its targets.
Ensure that all entries in the ledger are accurately recorded (accruals/ prepayments etc) consistently
To work closely with ExCo/PMB members and their direct reports to produce robust forecasts during the forecast and AOP processes to give an accurate view of the expected Year End position for Operational functions.
To deputise for the Senior Business Partner (Corporate and PGH) if required in periods of absence.
To own the full end to end finance activities for operations, processing accounting transactions, producing MI, and supporting the Financial Reporting Team and MD for Ireland Operations for all reporting purposes.
To support the development and challenge the assumptions behind any Business Cases to ensure that all implementation costs and on-going BAU impacts are accurately calculated and understood.
To provide the Income Business Partner with the details of the authorised direct costs that are required to be invoiced to the appropriate entities on a timely basis.
To produce monthly P&L reports which add value through meaningful analysis, investigating all variances.
To produce and maintain monthly Procurement Analysis and support queries.
To work with the MI and Planning Accountant to produce meaningful MI for the various Governance forums including but not exhaustive R&PC, TCF Pru, FRCOC etc
Support the MI & Planning Accountant, providing input into the production of the OFR reports on a quarterly basis
To provide financial modelling and other support for ad hoc projects and major change activities as required.
Key skills and experience
Newly or recently Qualified ACA/ACCA/CIMA or equivalent with some commercial experience.
Strong management accounting and business partnering skills
Good data analysis skills
Demonstrate ability to drive dialogue and being prepared to give their view and challenge where required.
Badenoch & Clark is acting as an Employment Business in relation to this vacancy. Badenoch & Clark is an Equal Opportunity Employer and a registered Disability Symbol User.