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Financial Director

This job expired on 24/04/2012

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TheLadders.co.uk

Job posted by TheLadders.co.uk
View more jobs from TheLadders.co.uk

Job details

Salary band Any
Salary details Excellent Package
Location South East
Job type Permanent
Company TheLadders.co.uk
Contact unknown
Job sectors Banking/Finance
Business Sector Both
Posted 27/03/2012
Expires 24/04/2012

Job Description

Leading Global Insurance and Financial Services firm are looking for a Financial Director in their Brokers & Channels department within their Savings Division.


The successful candidate needs to be a commercially oriented, qualified accountant with experience of operating at senior management level within a fast moving business environment. Extensive experience of leading strategic & financial planning processes and comfort with articulating the outcomes and recommendations at Board level are a must, as well as the ability to make strong contributions to the business beyond the core financial discipline:
    Direct and maintain robust financial management, financial reporting, forecasting and planning disciplines for the B&C divisions to influence the activities of the business in order to sustain the development and distribution of good value products and comply with Group and UK Financial policies and guidelines including Customer Experience and Customers Fairness policies.
    Direct production of the annual plan and budgets, for approval by the MD, Savings Finance Director and Group Executive Director (Savings). Apply sound commercial judgement to ensure that all major spend is fully justified and that expenditure remains within the approved budget / forecast.
    Deliver a comprehensive financial planning, financial modelling, budgetary and financial monitoring service. Where necessary, alert senior management and if appropriate intervene to ensure that the Brokers & Channels division remains on track to achieve its financial targets and objectives.
    Critique strategic plans and tactical initiatives to ensure they are commercially justified and financially sound and will deliver incremental business benefit. Proactively participate in the development and delivery of strategies. Ensure key development / change initiatives are subject to rigorous, on-going financial business benefit review and, where appropriate, take action to address material shortfalls.
    Build a comprehensive understanding of Savings products and their financial dynamics by establishing strong working relationships with Savings Product Actuaries.  Use the knowledge gained to ensure that reporting, IFRS and Capital Management information takes full account of Products key financial assumptions.
    Develop and lead strong working relationships across team and divisional boundaries, particularly within the retail division.
    Manage the salesforces variable compensation calculation and query resolution process and produce timely and insightful analysis, highlighting trends, risks and opportunities to be presented to senior management.
    To take the lead in all matters with regard to the management of employees, ensuring that management discretion is used in a consistent manner and that the business follows the Groups policies and procedures to maximise business performance.

 

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