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FP&A Business Partner
- Posted 08 April 2024
- Salary Up to £100000 per annum + hybrid, lovely offices, benefits package
- LocationCity of London
- Job type Permanent
- Discipline Accounting & Finance
- ReferenceJB - FP&A_1712571030
- Contact NameJessica Bambridge
Job description
KennedyPearce are working with a large Insurance firm based in thew City looking for an FP&A Business Partner to join their team based in the City. This is a hybrid role paying £100,000.
Operating within the International Finance Expense FP&A team the purpose of this role is to provide strategic, forward looking decision support and business partnering to finance and business stakeholders.
Job Purpose
- This role is an excellent opportunity for someone with strong communication, analytical and data visualization skills to add value and develop a good understanding of the business in finance.
- This position will have responsibility for the following key tasks:
- Business partnering and decision support for operating expenses across the firm
- Responsibility for all forward looking expense focused activities - forecasting, trends, scenario analysis, stress testing and projects;
- Build and develop relationships and communication within business and finance stakeholders.
Key Responsibilities
- Business Partnering and Decision Support
- Business Partnering and Decision Support
- Carry out fast and accurate analysis of, and commentary on, key drivers and parameters related to operating cost expenditure.
- Leveraging from monthly expense reports and analytics to create transparency and insight to support management decision making.
- Provide commercial support to Executive Management, Underwriters and Department Heads
- To aid commercial resourcing decisions a strong and in-depth control over stakeholders headcount will be required, providing accurate insight into the current and future projected position
Analysis
- Prepare and present investment appraisals and prioritisation
- Perform competitor analysis using external data to benchmark and provide insights
Forward Looking Analysis
- Analysis of expense data and monthly expense reports to identify trends
- Carry out scenario analysis and stress testing
- Influence and challenge business decisions and strategy
Projects
- Support the Head of Expense Management in exploring and introducing data visualization as a way to better communicate trends and insights to stakeholders
Annual Planning & Continual Forecasting
- Responsibility for analysis to support the annual Corporate budget - understanding strategic plan, supporting stakeholders during planning period, review and challenge of various inputs from stakeholders.
- Provide input into quarterly International expense forecasting process through engagement with business stakeholders, identification of upcoming issues and/or adjustments and understanding of historical trends.
Relationship Management
- Focussing predominantly on front office stakeholders, lead the business partnering in relation to expenses and headcount, providing pro-active decision making support
- Build strong relationships with stakeholders within and outside Finance across multiple locations, enabling the department to deliver high quality effective support to the Organisation
- Through personal interaction with key stakeholders, elicit their requirements of Expense Management team in order to determine value add support and to better anticipate their needs
Other Activities
- Support the Head of Expense Management on leading key projects within Expense Management.
- Challenge current processes and approach all tasks with a continuous improvement mindset to ensure processes are as efficient and effective, while delivering high quality products.
Skills and Experience Specification
Essential:
- CIMA / ACA / ACCA Qualified accountant
- Strong business partnering, relationship building, communication skills
- Demonstrable experience working with and supporting business functions and executive management
- IT literate with advanced Excel skills and strong financial modelling abilities. Experience in Anaplan and BI systems such as PowerBI, Tableau
- Strong data visualisation skills and experience in utilizing skills to communicate key messages
- Developed analytical skills including compelling communication of financial information and key metrics/messages relevant to different audiences
- Highly numerate with excellent attention to detail and accuracy
- Commercially minded, critical thinker with a keen eye for the detail
- Professional approach and delivery of timely, high quality work product
- Energy, enthusiasm, persistence, and adaptability
- Ability to influence and lead others
- Encourage a culture of continuous improvement and 'end to end' process thinking
- Assertive but sensitive to conflicting demands on others.
Desirable:
- Experience in insurance, including understanding of reinsurance and commission structures and the impacts of this on operating expenses