Your new companyHays are working in partnership with a large international insurance firm, to recruit a Finance Operations Director, based out of their Norwich office. This company has an excellent reputation in the market and are seeking an experienced finance leader to oversee part of the transactional finance function. Your new roleThe main purpose of the role will be to lead and manage the operational aspects of the finance function, ensuring collaboration between those staff and other finance functions. You will be tasked with reviewing, analysing and developing financial processes, leading on projects and managing departmental budgets. This role will encompass both UK and overseas entities. More specifically, you will be responsible for:
- Reviewing operational financial processes from end to end in the organisation to drive improvements through collaboration with other functions.
- Leading finance representation in interactions with service centre, multinational and other operational teams and manages the maintenance and reporting of financial service metrics.
- Acts as the reporting line for the operational resources in the Finance department, notably the premium collection function based in the Norwich office.
- Develops and maintains procedures for various aspects of financial decision-making on an organisation wide basis and interacts closely with the legal, compliance and finance functions.
- Undertakes financial review and analysis in respect of non-standard underwriting transactions, distribution spend and other significant financial transactions.
- Leads the management of legacy issues to conclusion from a financial perspective.
- Completes ad-hoc reviews and manages action plans in relation to specific business issues and initiatives.
- Plays a key role in both Finance and IT transformation initiatives alongside other Finance leaders and other functions.
- Engages in and/or leads other wider cross-functional and cross-discipline projects and initiatives.
- Interacts with other financial leaders on the development and production of certain board, committee and management reporting as well as the resolution of actions arising.
- Manages the budget of the Finance department and related financial cost centres and approves expenditure within an agreed level of authority.
- Stays up to date on trends and developments within financial management and provides insight and guidance to the Finance function and organisation as a result.
- Acts as a key leader within the Finance function and interacts closely and effectively with the other Finance function leaders and teams.
- Develops strong working relationships with relevant leadership colleagues in other functions and in the US Home Office.
- Provides day-to-day support to the Chief Financial Officer as required.
This is a full-time role, working 37.5 hours between Monday and Friday. The role offers hybrid working of 2 days from home and 3 days in the office. What you'll need to succeed
- Significant experience working in the insurance industry
- A high level of financial acumen.
- Significant knowledge of core financial disciplines, including more operational areas.
- Strong technical accounting/financial knowledge and skills.
- The ability to drive decision-making processes and deliver solutions.
- Strong analytical skills to break down complex issues.
- Knowledge of transformation programs.
- Excellent communication and presentation skills
- The ability to manage people effectively.
- The ability to lead and influence others within a leadership environment.
- The ability to play a lead role in projects and initiatives.
- Excellent collaboration capabilities with multiple stakeholders.
- Ability to achieve results by taking a proactive long-term view of business goals and objectives.
What you'll get in returnYou will receive a highly competitive salary and benefits package.What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
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