Finance Manager – Regulated Insurance

Join us, be part of more. 

We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We're energisers. One team of 21,000 colleagues that's energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That’s why working here is #MoreThanACareer. We do energy differently - we do it all. We make it, store it, move it, sell it, and mend it. 
 

About your team: 

At British Gas, our mission is to sell it and mend it.   

We’re the household heroes powering 1 in 3 homes in the UK – but supplying energy is just part of what we do. We’re making the UK’s homes greener and more energy efficient, together with our friends at Hive. By using their clever tech like thermostats, heat pumps, solar panels and EV chargers, we’re making it cheaper and easier to reduce your home’s carbon-footprint. And with our Peak Save programme, we’re actively rewarding better energy use too.

An exciting opportunity has arisen for a Finance Manager within British Gas Services & Solutions (c3m customers) supporting our Home Protection Portfolio with a focus the supporting the regulated insurance entities BGIL/BGSL.  The role offers great exposure to senior stakeholders working closely with the S&S CFO and CRO through monthly Board Reporting, Forecasting and Performance Reviews as well as supporting across our regulatory requirements (PRA, FCA).  The individual will need to gain a strong end to end understanding of how the business works, and how performance and risk is measured.  They will also need to have or be willing to learn how accounting in the Insurance world works to be able to effectively work with the Financial Control team to establish new processes as the business changes and evolves their ways of working.  The role will work closely with the business in particular Risk, Underwriting, Pricing and Strategic Planning.

Location - Windsor or Stockport with a flexible mix of office and home working

Accountabilities

General

• Develop strong relationships with key stakeholders in the business and Finance Operations/Group
• Understand and help shape the business strategy and own its translation into financial impacts for the Home Protection area
• Develop deep understanding of key drivers of revenue and costs, cashflow, and risks and opportunities and be conversant with the translation of commercial issues into financial impacts
• Support the wider finance team and business by providing robust, insight and analysis to drive improvements in financial performance
• Support Transformation activities through design and delivery of changes to forecasting/reporting methodologies, to drive greater understanding, efficiency and standardisation
• Co-ordinate the production of standard finance deliverables to the agreed format, timeline and quality. These will be supported by clear and focused messaging that supports the business area objectives
• Act as part of the first line of defence in the identification and management of risks

Plan and Monitor the Business

• Regularly review and report performance against Group Annual Plan & latest forecast, working with the business to analyse financial and operational (value driver) variances and recommend corrective action
• Deliver an accurate, efficient and transparent plan/forecast which meets finance and business stakeholder requirements
• Translate financial business performance into clear reporting content (for inclusion in MBRs and FPRs etc).

Provide Decision Support

• Support and influence decisions, empowering the business to self-serve appropriate data to inform decisions independently
• Carry out non-standard / bespoke analysis to support business decision making
• Identify performance improvement interventions and design means of implementing associated changes. Facilitate relevant parts of the business to implement changes
• Support the senior management in reviewing investments and develop means of articulating value of investment, facilitating and leading relevant parts of the business to deliver business cases

Experience and Qualifications

• ACA/ACCA/CIMA Accounting qualification +2yrs PQE

Previous commercial finance experience in a large organisation including:

• Communication of analysis and insight across the business
• Commercial Finance/Business Partnering Experience
• Excellent commercial acumen and a strategic thinking, able to support the business in making critical decisions
• Strong communication, capable of building trust and influencing decision making when needed
• Insurance industry experience an advantage

Why should you apply?  
 
We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we’re a great place to work and what being part of more means for you. 
 
https://www.morethanacareer.energy/britishgas 

If you're full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority.

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