Assistant Divisional Finance Officer - Glasgow, United Kingdom - Combined Insurance

Combined Insurance

Verified Company

Glasgow, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

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Description

Are you a Finance Analyst with extensive budgeting and forecasting experience, looking to take the next step with a fast-paced analytical finance team?

If interested in growing your career within one of the largest commercial insurers in the world with excellent employee benefits, then we would love to hear from you

This role is based in Glasgow and will support the Divisional Finance Officer (DFO) for Global Financial Operations (GFO), based in the USA.

The DFO is the CFO for the division who provides strategic financial guidance and advice to the functional senior leadership.

The Assistant DFO is a key support role to the DFO to allow them to have constructive discussions with functional leadership and ensure that we are being financially well-managed.

This role would suit an ambitious and analytically minded individual with an accounting qualification and 4+ years post-qualifying experience, preferably in Financial Planning & Analysis.

Within Glasgow, we have a Finance team of 35 people supporting GFO, and you will join this established and growing team.

Your line manager also resides in Glasgow, with a functional reporting line to the DFO in the USA.

The Assistant Divisional Finance Officer role responsibilities can be split into four key areas:

Responsibility for managing the month end process
Preparation of Annual Plan, Forecasts and the Strategic Plan (5 Year Forecast)
Management of COG (Chubb Overseas Group)/GFO recharge process
Management of Business As Usual and projectrelated requests

Key responsibilities:

Manage the month end process to ensure costs are recorded in the correct cost centres and that accruals are made timely.
Work closely with the Divisional Finance Officer to address any queries and communicate any issues with actual to forecast/plan variances
Present the financial information to Senior Management
Preparation of the Annual Plan
Construct the detailed plan for 10 cost centres across 160 headcount
Liaise with key stakeholders about future expectations and the plan implications
Discuss potential new headcount requests with senior management, and the rationale for the request
Preparation of the Strategic Plan
Construct 5 year plan across all cost centres
Manage the COG/GFO recharge process
Our costs are recharged across many different regional customers. Manage this process globally
Liaise with key stakeholders to confirm the sixmonthly process and act as focal point for any incoming queries.
BAU & Projects
Assist on reporting and report development as required.
Drive continuous improvement working across Finance Operations to resolve issues following root cause analysis.