Finance Business Partner

England, West Midlands, Birmingham
£40000 - £45000 per annum + 10%
13 Oct 2016
20 Oct 2016
Mo Al-Hakim
Contract Type
Full Time
Our client, a major insurance firm are seeking a Finance Business Partner to join the team. 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 Agency in relation to this vacancy. Badenoch & Clark is an Equal Opportunity Employer and a registered Disability Symbol User.