Job Title: Head of Finance Systems & Data
Location: London (Hybrid Working)
Role Type: 12 month FTC
Role Overview & Objective:
The Head of Finance Systems & Data manages the Finance Systems and Data team and is the primary contact for Finance to interpret and, where necessary, prioritise Underwriting / Operations /Data Governance / IT / ICOFR changes that might impact Finance processes systems or data, feeding in Finance requirements or resource impact as part of these Other / BAU change.
This role is the business sponsor for the Finance Systems workstream under FTP, also feeding into other workstreams where appropriate / has a systems or data impact.
This role will work with the Finance Leadership Team and senior business partners to ensure smooth operational support of existing processes, and advocate for/enable Finance Systems & Data change deliverables.
Key Responsibilities:
Strategy and Planning:
- Inputs to and translates organisation vision and Divisional/Functional strategy into operational deliverables and provides tactical leadership and support to managers to achieve positive results for the business in line with strategy
- Drives business performance through others facilitating effective planning, control and support mechanisms to ensure delivery of the business plan in line with market and shareholder expectations
- Benchmarking against strategic objectives
- Delivery of profitable growth of business
Policy, Process and Procedures:
- Manages team capacity to ensure that it is cost-effective and is matched to the current and future agreed needs of Finance
- Develops and implements an appropriate governance framework to ensure best practice and compliance with internal and external regulations (ledger/close process, entity specific requirements, centers of excellence) for Systems & Data responsibilities
- Manages the level of service availability for the broader team to ensure it matches or exceeds the current and future agreed needs of Finance
- Understand the business processes to be able to translate those into requirements for system architecture
Technical Performance:
- Lead the development of Systems & Data solutions that enhance delivery of services aligned with industry and regulatory requirements
- Identify and implement continuous improvement initiatives by assessing alignment of current processes and systems to business requirements and recognize opportunities for standardization, increased efficiency, cost reduction and increased quality
- Partner across operations teams and finance to develop the annual financial goals, objectives, budgets and staffing plans needed to achieve outcomes in the current year
- Secure resource allocation and provide the necessary delivery support
Requirements & Skills:
- Specific professional qualifications (and broad business qualifications) at the level of degree or equivalent (ACCA / ACA / CA / CPA Qualified)
- Significant experience in the insurance industry
- Understanding of GAAP insurance/reinsurance reporting requirements
- Extensive experience of Financial accounting, reporting and operations in an Insurer/ Reinsurer
- Managing relationships with internal business customers at a senior level
- Managing cross functional teams and matrix management
- Experience managing qualified accountants
- Project management/ co-ordination, including managing multiple projects and complex projects to quality, time and budget
- An entrepreneurial and creative approach to developing new, innovative ideas that will stretch the organization and push the boundaries
- Bring intellectual curiosity; challenging the status quo and stirring innovative approaches to existing processes and operations
- Excellent leadership, organisational, relationship, and people-management skills
- Finance management - including budget management, forecasting and cost analysis
- Resource and budget management (across functional teams)
- Strong interpersonal, communication, problem solving and decision-making skills
- A proven conceptual and strategic thinker who is capable of distilling, packaging, and presenting complex information in a clear, concise, and compelling manner
- Strong understanding of underlying needs of the Insurance business
- Business and financial awareness of the impact of Service Levels and any associated failures
About us:
Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.
We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.
Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
Our Aspen Values are expected to be reflected in the delivery and performance of every role.
Our Recruitment Delivery Team are committed to offering an inclusive recruitment experience to all candidates. If you require any accommodations or adjustments as a result of disability, impairment, or health condition, please do not hesitate to let me know by emailing gscemeaedi @ resourcesolutions .com