Senior Finance Business Analyst

Morson Group; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Finance Business Analyst to drive the evolution of their finance function. This pivotal role involves leveraging analytical expertise to identify inefficiencies and implement strategic improvements. The successful candidate will collaborate with cross-functional teams to enhance data management practices and support the transition to a future state. With a focus on optimising financial operations and ensuring compliance, this role is essential in achieving strategic financial goals. If you have a strong background in finance processes and a passion for driving change, this opportunity is perfect for you.

Qualifications

• 10+ years of business or systems analysis experience in the insurance market.
• Strong understanding of finance processes and applications.

Responsibilities

• Collaborate with teams to capture business processes and identify optimisation opportunities.
• Act as a bridge between Finance, IT, and other business areas.

Skills

Analytical Expertise

Facilitation Skills

Problem Analysis

Solution Design

Excellent Communication

Education

A-levels in Numerate Subjects

Part/Qualified Accountant

Tools

Microsoft Office Suite

Visio

SharePoint

Job description

Senior Finance Business Analyst

This pivotal role is all about driving the evolution of our finance function and processes. The individual will leverage their analytical expertise and innovative mindset to identify inefficiencies and implement strategic improvements. They will work closely with cross-functional teams to integrate new technologies, enhance data management practices, and support a seamless transition to our future state.

Key responsibilities of the role include:
Collaborating with business teams to capture their business processes and identify opportunities for optimisation and automation
Developing a comprehensive view of Finance business requirements and the data needed to generate outputs, covering both regulatory and internal Management Information (MI)
Working in conjunction with other areas to deliver a cohesive experience to the business and Finance community, while ensuring their work aligns with the standards defined by the business
The efforts of the Finance Business Process Analyst will directly contribute to optimising our financial operations, ensuring compliance, and enabling us to achieve our strategic financial goals.
As part of their work, they are expected to become an expert on a range of finance processes and applications used within the organisation, as well as having a strong understanding of all other systems either providing data to or receiving data from those financial systems.
Acting as the bridge between FP&A, Finance, Actuarial, IT, and other business areas, the focus of the role is not only to gather and structure end-user requirements but to diplomatically challenge those requirements to identify genuine business needs and then develop practical solutions to satisfy those needs.
Specific tasks will require skills such as facilitation, influencing, planning, logical thinking, requirements gathering, prioritisation, initiative-taking, multi-tasking, problem analysis, solution design, documentation of processes, user training, and handover to Business As Usual (BAU). All of this must be done in combination with excellent written and oral communication skills.

Technical knowledge:
Advanced computer skills including Microsoft Office Suite (especially Excel), SharePoint, Skype for Business, and other business productivity systems.
Experienced Visio knowledge
Exposure to a variety of business application systems such as finance, data warehouses/marts, ERP, transaction/data processing, document management, workflow

Experience required:

Understanding of the end-to-end finance process including experience in supporting teams in streamlining activities
Good quality A-levels in numerate and/or analytical subjects
At least ten years solid, business or systems analysis experience within the insurance market, with experience within the Finance area
A thorough understanding of insurance as a business
A demonstrable record of the delivery of business and technology change

A distinct advantage would be:

Experience and thorough understanding of the typical applications and business processes within an insurance finance department
Part/Qualified accountant or Lean Six Sigma
Experience with change management methodologies
Lloyds market understanding