Finance Business Partner

At Open GI it is our vision to connect the insurance community through market-leading technology. Our people are placed at the heart of this, and diversity, equity and inclusion are central to everything we do.

We know the key to achieving success is to enable a positive, inclusive, and collaborative working culture, and, as part of our commitment, we have signed up for a number of pledges and programmes designed to support and nurture our people.

No matter where you sit or which team you are a part of, we want you to know that you contribute in helping us to shape where the company will be in the future. We would love for each employee to be able to talk with pride about our company and, most importantly, consider Open GI to be an inclusive, fun, and fulfilling place to work.

We are seeking an experienced and highly motivated Finance Business Partner to join our small FP+A team. The key purpose of this role is to act as a key business partner, providing critical financial insights and driving strategic decision making, as well as providing support with budgeting, forecasting and financial planning across the Open GI group of companies.

Key responsibilities

Business Partnership

• Collaborate with executive and senior leadership across various departments to understand their financial needs and provide tailored financial support.
• Serve as a trusted advisor to executive and senior management, offering insights and recommendations based on in-depth financial analysis.
• Lead cross-functional meetings to discuss financial performance and strategic initiatives.

Reporting and Analysis

• Ownership of monthly reporting to the exec and board.
• Develop and maintain advanced financial models to support business planning and decision-making.
• Prepare and present detailed financial reports, including variance analysis, trend analysis, and key performance indicators (KPIs).

Budgeting and Forecasting

• Support the annual budgeting process, working closely with department heads to ensure accurate and realistic budget submissions, through review and appropriate challenge.
• Oversee the monthly and quarterly forecasting processes, ensuring timely and accurate updates.
• Monitor budget adherence and provide regular updates to management on budget vs. actual performance.

Process Improvement

• Identify and implement process improvements to enhance the efficiency and effectiveness of financial planning and analysis activities.
• Utilise financial software and tools to streamline reporting and analysis processes.

Strategic Initiatives

• Support projects and initiatives, providing financial analysis and insights.
• Develop business cases for new investments and strategic initiatives, ensuring alignment with organisational goals.
• Drive continuous improvement in financial processes and systems.
• Support the development of a procurement process to ensure best value for money

Qualifications

• The successful candidate will be a fully qualified accountant ACCA, ACA, CIMA (essential).

Experience & Skills

• Proven experience in FP&A is required.
• Prior experience of software development would be advantageous.
• Extensive experience in producing complex financial analysis and reports.
• Excellent verbal and written communication skills, capable of presenting complex financial information clearly.
• The ability to build and sustain effective professional working relationships within Finance and the wider operations of the business.
• A high degree of skill in using Excel, to include advanced macros and data analytical tools is essential.
• Good knowledge of reporting tools (ideally PowerBI) will be a major asset.
• Experience of report writing in Word and ability to pull together high quality PowerPoint documents is expected.
• Prior experience of the financial systems we use (SAP, Jira and Salesforces) would be advantageous.
• The ability to think analytically and critically to review and apply logical problem-solving skills.
• A strong commercial mindset with the ability to communicate finance matters to non-finance people and see the big picture.

Aptitudes

• Inquisitive: enjoys looking outside the box to see what is there
• Self-starter: does not require a large team around them and used to picking up an incomplete brief and refining it
• Works at pace: which fits with the private equity ownership Open GI has.
• Takes ownership & accepts accountability. This includes personal follow through, removing blockers, driving collective progress.
• Looks for continuous improvement: advances their skills and understanding through continuous learning.
• High level of accuracy and attention to detail in financial reporting and analysis.
• Ability to communicate and influence at a senior level.

Mission and Values

It is our mission to be both the Technology Partner and Employer of Choice to the UK General Insurance market. Our people are placed at the heart of this and diversity, equality and inclusion are central to everything we do.

• Accountability: We own our actions and shape our success on the results we deliver
• Innovation: We tackle challenges with fresh thinking and bold ideas
• Teamwork: We work together, recognising we can’t do this without each other
• Trust: We build trust on integrity, transparency and mutual respect

We are looking for an individual who embraces our values in their actions, decisions, communications and processes to inspire positivity and, ultimately, exceptional performance.

Benefits package

• Competitive salary depending on skills and experience
• Company pension
• Bonus opportunity
• Life assurance and critical illness cover
• Cycle to work scheme
• Perkbox – an exclusive platform offering a wide range of discounts and benefits
• Holiday entitlement of 25 days per annum, increasing to 26 days per annum after three years of service & a holiday purchase scheme
• Opportunity for a more flexible approach to start, finish, and lunchtimes to allow you to better manage events outside of work
• Social clubs - whether you’re into your cycling, crafts, or other hobbies, we have a number of groups at Open GI where individuals who enjoy the same pursuits can get together
• Wellbeing – wills at work scheme, employee assistance programme and mental health first aiders

Please note, this is a hybrid position requiring in-office attendance at our Worcester location twice a week.