IT Finance Analyst

QBE

View: 106

Update day: 07-05-2024

Location: London

Category: Finance / Bank / Stock Information Technology

Industry: Insurance

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Job content

6 month FTC

QBE’s European Operations, which accounts for over 27% of QBE Group turnover, is a leading specialist in London market and European commercial lines business. Active in both the Lloyd’s and company market, QBE offers considerable diversity to the broking community. We are a socially responsible company and give our customers the ability to invest a portion of their premiums in environmentally and socially beneficial projects.

The Opportunity:

The IT Finance Analyst will assist in the control all IT finances incurred by the IT cost centre budget holders through performing and maintaining processes to control payments. The role will also be responsible for providing accurate reporting and analysis of all project and BAU IT spend across QBE European Operations

Your responsibilities for this role may include, but are not limited to:

Strategy and Planning

  • Provide input into, and support the implementation of the IT Function’s strategy, technology vision and objectives, contributing to the preparation and implementation of team plans to ensure key information is considered
  • Support the business planning process across IT, including the production of budgets and re-forecasts, to ensure all requirements and targets for cost management control are incorporated
  • Provide financial details to the Lead Vendor Manager to support the production of supplier strategic account plans

Policy, Process and Procedures

  • Support and provide financial advice to the Lead Vendor Manager to assist in the management of the IT department’s affairs, including identifying opportunities for supplier rationalisation and cost reduction.
  • Review and monitor cost centre expenditure to ensure IT costs are kept within budget limits and to highlight overspend trends.
  • Provide advice and support to the IT Cost Centre Managers to facilitate effective budgetary control and decision making

Environmental Awareness/Customer Focus

  • Build strong working relationships with cost centre managers order to ensure the required level of cooperation and support is achieved and maintained.
  • Build networks with other key internal stakeholders and external suppliers, as necessary to promote and support effective vendor management.
  • Liaise with managers and suppliers to ensure consistent, timely and accurate reporting of IT financial information

Technical Performance

  • Support senior management in the preparation and analysis of budgets, costs, forecast and supplier category spend for use in ad hoc projects and initiatives
  • Provide support to the vendor managers and cost centre managers to enable them to carry out their regular supplier spend forecasting accountabilities effectively
  • Monitor cost centre key performance indicators and deliverables to ensure accurate monitoring of the overall performance of the IT

You will need to be able to display you have the following qualifications and experience:

  • Good understanding of financial management practices and processes, including accounts payable, balance sheets, reconciliation processes, postings to the general ledger, etc.
  • Thorough knowledge of financial reporting and controls in an IT and / or project environment
  • Understanding of Project Delivery, IT and Supplier Management functions
  • Proven experience of managing the key controls of a cost centre
  • Proven experience of working with people in a line and matrix environment
  • CIMA/ACCA qualified
  • Advanced Excel experience
  • Stakeholder management and communication

At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today’s workforce. QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job. We’re ‘Happy to talk Flexible Working’.

Number of Openings:

1

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

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Deadline: 21-06-2024

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