CE MENA P&C DFO

London, England, United Kingdom

12/21/2024

Job Description

This role is an integral part of the Regional CE MENA P&C Finance team that supports the CE MENA Regional President, Head of CE MENA P&C, P&C Line Managers and Country Finance Managers to achieve the company strategic goals. This role covers 10 clusters and 21 countries across CE MENA and will report directly to the CE MENA DFO.

The Responsibilities For The Role Will Include

• To provide ownership and leadership to oversee the local management led production of all CE MENA P&C Planning and Forecasting activity undertaken throughout the year (Annual Plan, 5 Year plan, at least 8 re-forecasts per year)
• Ensure delivery and local understanding of the key local reporting and analysis process. This includes:
• Monthly analysis of Country and Line level P&L’s and all aspects of all country expense performance vs. Plan & Prior year on a Net to Region / management basis.
• Financial reporting also to include collation of team commentary for qualitative reporting for all planning sessions including Forecasts, Strategic Plan and Annual Plan
• Oversight of resource planning / modelling across the region
• Expense reporting and controls
• Provide business partnering support to the Regional Line of Business Managers and the Country Finance Managers across all areas of financial reporting and forecasting on a monthly/quarterly/annual basis.
• Provide oversight and strategic direction for expense management. Continue to develop and rollout in-depth expense and headcount reporting across all cluster and lines of business.
• Actively contribute to and drive the advancement of automation/digitization, technology and data driven analytical skills across the team to build greater capacity and insight in support of business goals.
  
  

Key Responsibilities

• Drive strategic finance business partnering to the CE MENA President, Head of CE MENA P&C and Regional Line managers through the provision of analytical based financial insights.
• Business Partnering: Manage and lead business partnering support to the Regional Line Managers and the CFMs during forecasting and planning by providing analytical support to the forecast process as well as practical TM1 support. Develop and provide the Regional Line Managers and Country Finance Managers monthly and quarterly reporting to ensure full understanding of business analytics including the full P&L, expenses and headcount reporting.
• Expenses: Manage and continue to develop in-depth expense reporting across CE MENA P&C. Drive timely, accurate expense and headcount information to the CE President and Head of CE MENA P&C to enable timely decision making and enforce expense discipline across the business.
• Finance Operational activities: Responsible for oversight of the operational activities underpinning the accuracy of the forecasts, Annual planning process and monthly/quarterly actuals. This includes oversight of the reconciliation of financial data (Production, Commissions and Expenses), Variance Reporting and Monitoring of Topside Adjustments (TSAs).
• Design and deliver presentations for CE MENA P&C management and for the wider CE MENA region.
• Responsible for reinsurance reconciliations, control and follow up on bookings, variances against Plan and Forecast and Reinsurance Schedules updates
• Support analysis and prepare business cases for regional projects including IPA
• Support local country reporting requirements as needed
  
  

Qualifications

Your Profile

• Degree in Finance or Business Administration
• 5 years of working experience in Finance in the insurance sector.
• Advanced proficiency in Excel and data manipulation.
• Excellent spreadsheet business presentational skills
• Good communication skills driven by regular interaction with the business and senior management.
• Team player – larger CE MENA Finance team.
• Language skills – English, Other CE language/s an advantage.
• Some travel involved