FP&A Expense Business Partner
Description
Job Title: Expenses Business Partner
Reporting to: Head of Expense Management
Direct Reports: None
Position Type: Permanent
Overview:
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.
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
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 TMHCC International;
- 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
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
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