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Senior Finance Manager
Application Deadline: 8 May 2025
Department: Corporate Finance
Employment Type: Permanent - Full Time
Location: London UK
Reporting To: Leigh Cook
Description
We are looking for an experienced and highly skilled Senior Finance Manager to join our team within the insurance industry. As a Senior Finance Manager, you will take on a leadership role in financial planning, analysis, and reporting, providing critical insights to guide strategic decisions. You will collaborate with senior management within the division and the group finance function.
Key Responsibilities
Financial Planning & Analysis:
- Coordinate the preparation of monthly, quarterly, and annual financial reports, providing in-depth analysis of variances, trends, and financial forecasts.
- Support the development of budgeting and forecasting tools, aligning with company goals and MI requirements.
Strategic Decision Support:
- Provide actionable insights and recommendations to senior management based on financial analysis to support strategic decision-making.
- Evaluate profitability and performance of sub-divisions and services, pricing strategies, identifying opportunities for optimisation.
Compliance & Regulatory Reporting:
- Ensure compliance with accounting standards and industry regulations, including regulatory filings and statutory reports.
- Oversee the preparation of detailed financial reports for regulatory authorities and ensure alignment with company policy and industry standards.
Team Leadership & Mentoring:
- Provide guidance and mentorship to team members, fostering professional development and a collaborative team culture.
- Review and improve internal processes to enhance financial reporting, efficiency, and data accuracy.
Financial Systems & Process Improvement:
- Lead the implementation and optimisation of financial systems and tools, ensuring efficiency in financial data analysis, reporting, and forecasting.
- Continuously evaluate and enhance financial reporting processes, leveraging technology and automation to improve accuracy and efficiency.
• Stakeholder Collaboration:
- Collaborate closely with both divisional and group finance teams to manage deadlines.
- Work with external auditors, ensuring accurate audit reports and adherence to accounting policies.
Skills, Knowledge & Expertise
Qualifications:
Education:
- A relevant professional qualification (e.g., CFA, ACA, CIMA, or CPA)
Experience:
- 5+ years of experience in financial analysis, accounting, or a senior finance role within the insurance or financial services industry.
- Proven experience in financial reporting, budgeting, forecasting, and profitability analysis.
- Experience with regulatory compliance and financial reporting standards within the insurance sector.
Skills & Competencies:
- Strong analytical, problem-solving, and decision-making skills.
- In-depth understanding of insurance industry regulations, accounting standards (IFRS, GAAP), and financial principles.
- Excellent communication skills, with the ability to present complex financial information to both financial and non-financial stakeholders.
- Strong leadership abilities, with experience in mentoring or managing finance teams.
- Ability to manage multiple priorities and meet deadlines in a fast-paced, dynamic environment.
Key Attributes:
- Strategic Thinker: Ability to align financial strategies with business goals and long-term objectives.
- Leadership: Strong leadership and mentoring skills, capable of guiding a team to success.
- Detail-Oriented: Ensure accuracy and consistency in financial reporting and analysis.
- Collaborative: Ability to work across departments and with senior leadership to drive business success.