Requirements: English
Company: Entreprise Confidentielle
Region: Paris , le-de-France
Key duties and responsibilities
The main activities of the cost controllers will be to:
Cost Analytics
- Develop and enhance HR analysis on HC trajectory and Operational Risks, targeting concrete KPIs definition and implementation/ creation of automated reporting for CSO, CRO, SAO top management
- Develop analytics on management expenses data and contribute to the creation of KPIs (financial and non-financial) and reports (existing or new) review, re-design and identification to allow performance analysis with a focus on operational efficiency
- Monitor strategic plan cost objectives
- Propose optimization by activities/ geographies
- Ad hoc analysis on demand.
Budget & Performance - Coordinate the budget process for the CSO, CRO, SAO or a specific business line, L&H insurance or P&C Insurance... depending the candidate''s profile.
Control and ensure the correct application of the Budget process and cost allocation policy. Ensure its sustainability and efficiency via the supervision and coordination of budget tasks such as:
- Budget establishment and review,
- Budget consumption tracking and monitoring,
- Forecast elaboration and review,
Work in close collaboration with Organizational Efficiency for operating and strategic plan,
Project Portfolio Management
For CRO, CSO, SAO projects and T&S Initiatives, develop and ensure a centralized and unified cost tracking governance. Implement and coordinate a budget elaboration process and a set of good practices to be observed
- at project initialization: ensure budget review/ challenge / business case during its elaboration,
- While project is ongoing: monitor cost tracking (consumption analysis, BS & P&L impacts anticipation capitalized vs expensed costs -) and compliance with the set deadlines,
- For the projects/ initiatives pool:
- Animate, feed and analyze a project database providing a project cost consolidated view and their projection,
- Monitor IT project portfolio expenses in relation with IT cost controller (ie. amortization plan),
- Ensure notably: internal recharge for project (co)financed outside a single comex function; cost arbitration; funding/allocation of over/under consumption; preparation and monitoring of capitalized and amortization plans,
- Analyze, challenge and monitor the need and use of resources and the workload for the projects/ initiatives pool to ensure realistic and achievable goals,
- Secure and unify the communication with organizational efficiency on budget/ actuals reporting for projects/ initiatives,
- Review project/ initiatives business case,
Project support
Represent the functions and be an active participant on group / divisional projects related to budget topics.
- Develop good practices to socialize and transpose them when appropriate.
- Be the privileged/ preferred interlocutor in and outside CRO, CSO, SAO Life BU for overhead matters, budget, costs, forecasts.
- Ensure a continuous improvement process for tasks and deliverables.
Required experience & competencies
Experience
- At least 6 years of work experience in a big four audit firm and/ or finance department with prior independent leadership of large projects with executive visibility,
- Extensive finance/ accounting experience, incl. sound knowledge of IFRS 17,
- Preferred: Good knowledge of Solvency 2 and/or of closing and reporting systems and processes,
- Preferred: Industry knowledge of reinsurance business.
Competencies
- Strong technical skills,
- Team player, collaborative spirit,
- Ability to analyze requirements and reduce complicated factual contents to the essentials,
- Robust understanding of reporting processes,
- Excellent English and French,
- Excellent communication skills able to communicate clearly and concisely verbally and in writing to senior management,
- Excellent interpersonal skills - able to build constructive relations across the Group.
Soft skills
- Conscientious, curious and enthusiastic,
- Well organized, efficient and autonomous,
- Analytical and thorough,
- Flexible and reactive in order to respond to a constantly evolving environment,
- Trustworthy, honest and high ethical and personal standards.
- Issue resolution skills.