Senior, Financial Planning and Analysis Manager

Salary: £57,600 – £62,400 per year

Lloyds is transforming and needs curious minds to help define and influence that change. We’re looking for people with new perspectives and the confidence to share them, so come and join us.

About Us

Lloyds is the worlds leading insurance and reinsurance marketplace. Yet the world is changing, and Lloyds is changing too nimbler, faster, and able to offer customers and employees more products, services and insights supported by technology, innovation and the continuing desire to protect people, businesses and communities. Lloyds is where Finance professionals can bring their future to life.

The Financial Planning and Analysis team sits within Central Finance, led by the Head of Financial Planning and Analysis. The Financial Planning and Analysis team has primary responsibility for budgeting, forecasting and providing management information for the Society of Lloyds and performance analysis for the Society of Lloyds and the Lloyds Market.

The Role

Financial Planning and Analysis are a trusted and well-connected team at the heart of the Corporation who are responsible for planning and policies (including income, expenses and FTE). They work closely with the Corporations most senior leaders to provide strategic insight and analysis to challenge our teams and drive better decision making. The team are also responsible for analysing and reporting on performance of syndicates operating within the Lloyds market.

Responsibilities

The Senior Financial, Planning and Analysis team are responsible for the financial planning, budgeting and forecasting process of c.300m Corporation spend and c.1,000 headcount planning across 35 offices. They drive the planning cycle and guide the future direction for the corporation strategic decisions.

Your technical, commercial and insurance market knowledge combine to ensure all functions have access to an expert business partner who impacts both our internal and external customers.

Alongside the Senior Finance Business Partners you are responsible for setting finance policies to deliver pricing income, projects spend and BAU for the areas they support.

With your ExCo member you will set the KPIs and provide leadership to ensure the SLT achieve meet these targets and report accurately. This includes pricing for external products, internal corporation wide strategic projects and careful management of cost base including people planning.

Every quarter your will lead a CEO performance review for the ExCo members you support.

A structured approach leads collaboration between business functions on commercial and financial decision making, focusing on improving income, cost reduction, revenue enhancement and efficiency opportunities.

Work in partnership with the ExCo project sponsors to effectively lead c40m global project spend and be accountable for benefit tracking and delivery.

The Anaplan FP&A model is owned by this team. This role must champion corporation wide use of Anaplan, ongoing development, data held in the system and relationship with Vuealta. This includes evaluating data, systems and processes to recommend appropriate changes to enhance planning information reliability, accuracy and insight for the Corporation.

Sponsor small change, big difference projects to continuously improve processes and activities that include: evaluation of systems and processes to enhance information reliability, accuracy, interrogation and insight for the Corporation.

Overall responsibility for developing team members to help them interpret the finance strategy into their objectives, supporting them through clear performance management, provide personal development opportunities and ensure appropriate training and development plans are in place.

Supporting the annual planning and quarterly forecasting process for the Lloyds Market, including aggregating the financial plans/forecasts from syndicates, review and assessment of reasons for deviations from initial plans, and analysis of syndicate and Market performance trends.

Experience

of insurance accounting, particularly for the Lloyds Market

Experience of financial reporting requirements for the Lloyds Market

Qualified accountant with a progressive record of success, ideally including leadership of a finance team within a fast moving, forward thinking, and dynamic organisation.

Able to demonstrate an understanding of a commercial business and have worked within an international, complex business.

Possess strong analytical/planning skills, together with a strong accounting/control background.

Experience in a Group Head Office function within a large reputable organisation;

Credible and able to build relationships with a variety of senior business leaders.

Strong influencing skills able to network effectively within finance and operational management

Strong intellect as well as ability to communicate at all levels, drive change, implement systems and work cross functionally.

Experience of implementing system, process and organisational design change.

A strong focus on delivery and the ability to both plan and implement the outcomes.

Very high level of initiative and self-motivation but also able to follow the agreed way of working.

As the successful candidate, you can expect to be rewarded with a competitive salary, and an enviable range of benefits.

Realise your professional ambitions as part of an organisation that is trusted to solve some of the worlds most complex problems in an environment that puts a focus on investing in human progress.

Please be aware that the recruitment process will comprise of a number of steps, your CV will be reviewed by our Recruitment team and if successful you will be invited to attend a telephone interview, followed by a more in-depth video interview. We want to make sure we do all we can to make this a really positive experience for you.

Please click the following link which will take you through a simple process to identify any adjustments or additional support we can provide beforehand or on the day.

Please note, clicking on this link does not register your application for the vacancy, you will need to click on the apply button on the top of the advert to complete your application form.