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Job

Expense Business Partner


Job title: Expense Business Partner
Job type: Full-time, permanent
Location: City of London (hybrid arrangement)
Start date: June 2022/ASAP
Package: Competitive salary + benefits

Our client, a leading international business headquartered in London, is seeking an Expense Business Partner to join them on a full-time, permanent basis. This role is mix of on-site and remote working, with their offices located in the City of London.

THE ROLE
Working within the Business Partnering function within their Finance, the main responsibility of the role is the production of expense budgets and quarterly expense reporting.
The role is extremely client facing, with direct interaction with all department heads and presentation to senior management. Effective, strong relationships with those stakeholders will be essential.

MAIN RESPONSIBILITIES
*Quarterly GAAP accounting and reporting process
*Quarterly review with budget holders to ensure YTD expenditure and accrual/prepayment decisions are appropriate
*Review the appropriateness of splits to claims handling or acquisition cost lines
*Assist the Senior Expense Business Partner in the understanding of variances and the reporting of initial early sights of GAAP and YOA reported expenses through to final actual external reporting
*Production of the detailed annual budget
*Allocation of approved budgets and actual expenses down to the required class level for the purposes of management review on an underwriting year basis
*Ensure the allocation process is transparent, well understood and agreed with the key stakeholders


RELEVANT EXPERIENCE

Essential
*Experience in preparing budgets and expense analysis
*Experience in expense controls and processes
Desirable
*Insurance industry exposure

TECHNICAL SKILLS

Essential
* Advanced Excel

Desirable
*Knowledge of UKGAAP/USGAAP
*Lloyd's of London accounting
*Knowledge of Oracle PeopleSoft
*Knowledge of Excel VBA

EDUCATION AND QUALIFICATIONS

Essential
* Chartered Accountant (ACA/CIMA/ACCA)

The JM Group is operating and advertising as an Employment Agency for permanent positions and as an Employment Business for interim / contract / temporary positions. The JM Group is an Equal Opportunities employer and we encourage applicants from all backgrounds.