Finance Director (6 month FTC) - Saga Insurance

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Job Introduction

Finance Director (Insurance)

6 month plus FTC

London Hybrid

Flexible Working Considered

As our Finance Director you will lead the BAU Controllership and FP&A function for Saga's Insurance business. Our partnership with Ageas sets up Saga Insurance for growth, and successful execution is a key priority.

Your role will primarily support BAU in our Broking business and responsibilities will include financial planning, cash flow forecasting, regulatory reporting, and Board/Audit Committee activity in order to free-up SME resources for project activity. This role supports high governance standards and the improvement of financial controls and processes in a highly regulated environment.

Reporting to the our Insurance CFO, you'll support BAU activity within Insurance Finance as we work towards a seamless transition in our new Ageas partnership.

We offer flexibility over where you work - you choose a place where you feel most comfortable and productive, either from home or in one of our hubs in London or Kent. We come together with a purpose to collaborate, once a week at our offices in either Ashford or London.

Role Responsibility

As our Finance Director you'll lead two teams of around 20 colleagues in FP&A, Controllership and Finance Operations.

Other accountabilities include:

• Work thoughtfully and collaboratively with Group and Insurance Finance colleagues at a time of significant change.
• Support new General Ledger implementation (Workday)
• Ensure smooth Year End process, with the appropriate engagement of Auditors and Group functions with robust reconciliations, controls and analytics in place
• Liquidity management - Review the current Cashflow model and Liquidity models with a view to align and improve
• Clearly communicate complex accounting issues for the Audit and Risk Committees, to provide assurance and leadership on finance matters.
• Month-end Balance sheet reviews, improving the quality of the analytics and output in order to provide assurance on the numbers. management of the balance sheet, reconciliations and associated controls. Ensuring potential risks are investigated and understood. Understanding of the reconciliation between the IFRS and Solvency II balance sheet
• Review regulatory reporting for Broker: RMAR and other regular submissions
• Provide input in a disposal transaction, supporting oversight / review of reconciliations to completion accounts
• Work with Group FP&A and Controllership to ensure timely submissions and communication that supports Plc. Reporting timetable
• Own the content of the various reporting packs and provide effective, timely and succinct management information
• Ensure a timely and accurate accounts process, and produce required statutory, regulatory, board and management reports on time and to the required standards
• Proactively ensure that effective systems and controls are implemented, operating effectively and periodically reviewed
• Follow our Governance and Business Code of Conduct and always act with integrity and due diligence

The Ideal Candidate

To be our Finance Director, you will need to have significant experience in a senior finance role and a strong background in either Controllership or FP&A. The Successful candidate will be able to demonstrate running multiple Financial Year-End or Planning/Budgeting cycles, collaborating with and organising a range of stakeholders to meet strict timetables, and excellent communication and relationship management skills.

Skills and experience required include:

• Professional qualification in accountancy such as ACA/ACCA/CIMA, with robust post-qualification experience
• Excellent communication skills, able to clearly communicate complex issues
• Can clearly demonstrate leading at least 3 cycles of either Year End or Budget
• Ability to lead and manage a high performing team, with clear alignment to Saga's values
• Comfortable leading through change
• UK GAAP experience, IFRS is a plus
• IFRS 17 experience is a plus
• Experience of IBM TM1 or Planning Analytics (desirable)

Package Description

Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.

We offer total flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich.

BENEFITS AVAILABLE TO ALL COLLEAGUES:

• Our working week is 35 hours per week, these can be worked flexibly to suit your working style
• 25 days holiday + bank holidays
• Option to purchase additional leave up to 5 extra days
• Pension scheme matched up to 10%
• Life assurance policy on joining us
• Wellbeing programme
• Colleague discounts including family discounts on cruises and holidays
• Range of reductions and offers from leading retailers, travel groups and entertainment companies
• Enhanced maternity and paternity leave
• Grandparents leave
• Income protection
• Access to Saga Academy, our bespoke learning platform

About the Company

Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high quality products and exceptional standards of service. These include cruises and holidays, insurance, personal finance and the Saga Magazine.

At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity not just because it is the right thing to do, but because diverse teams perform better.

We're passionate about diversity, equity, and inclusion. Championing diversity is important to us, and diverse teams really are the best ones. We're dedicated to creating a culture where every colleague feels like they belong. So that at Saga, more than anywhere else, you can be your best, be yourself and make a difference.

Fair consideration is given to all applicants, including those with disabilities and those over who are over the age of 50. As champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams. We are also an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required. For more information on our DEI policies please visit our Saga Careers page.

Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner.

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Saga Group