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Strategic Finance Business Partner

  • Job
    Full-time
    Mid Level
  • London
  • Quick Apply

AI generated summary

  • You need a Bachelor's degree, 4 years as a business partner or expense accountant, strong numerical and analytical skills, attention to detail, and effective communication.
  • You will monitor compensation, manage headcount forecasts, analyze HR financial impacts, ensure compliance, support budgeting, and participate in cross-functional projects.

Requirements

  • Bachelor's degree
  • Four years of experience as a business partner or expense accountant
  • Excellent numerical and analytical skills
  • Attention to detail and accuracy
  • Strong communication

Responsibilities

  • - Responsibility of monitoring actual vs plan compensation
  • - Ownership of the Plan/Forecast Headcount & Cost model
  • - Run the annual and quarterly headcount review discussions with heads of department
  • - Perform additional compensation analysis for expense allocations
  • - Manage the quarterly recharging of compensation to Group
  • - Develop and maintain financial models and reports to monitor the performance of the HR function against key metrics and targets.
  • - Support the preparation and review of the annual budget and quarterly forecasts for the HR function, ensuring alignment with the overall business strategy and financial objectives.
  • - Analyse and evaluate the financial impact of HR policies and initiatives, such as compensation and benefits, talent acquisition, learning and development, and employee engagement, and provide recommendations to optimize the return on investment.
  • - Collaborate with the HR and finance teams to ensure compliance with accounting standards, tax regulations, and internal controls for all HR-related transactions and activities.
  • - Participate in cross-functional projects and initiatives that involve the HR function, such as mergers and acquisitions, organizational changes, and process improvements.
  • - Other ad hoc tasks as required

FAQs

What is the primary responsibility of the Strategic Finance Business Partner?

The primary responsibility is to own the compensation model, including actuals vs. plan cost and headcount analysis, and create the annual compensation plan in collaboration with department heads.

What are the key qualifications required for this role?

Candidates need a Bachelor's degree and four years of experience as a business partner or expense accountant, along with excellent numerical and analytical skills, attention to detail, and strong communication abilities.

How often will the Strategic Finance Business Partner conduct headcount reviews?

The Strategic Finance Business Partner will run annual and quarterly headcount review discussions with heads of department.

Is this position part of a collaborative team?

Yes, this position sits within the FP&A team in the Finance function, which emphasizes collaboration, expertise, and innovation.

What type of analysis will the Strategic Finance Business Partner be performing?

The role involves conducting compensation analysis for expense allocations, monitoring actual vs plan compensation, and evaluating the financial impact of HR policies and initiatives.

Will this role involve collaboration with the HR department?

Yes, the Strategic Finance Business Partner will provide business support for the HR function and collaborate with HR and finance teams to ensure compliance with accounting standards and regulations.

What is the work culture at the company?

The company culture is rooted in collaboration, expertise, and innovation, aimed at promoting progress and inspiring clients, employees, investors, and communities.

Are there opportunities to participate in cross-functional projects?

Yes, the Strategic Finance Business Partner will participate in cross-functional projects and initiatives that may involve the HR function, such as mergers and acquisitions and organizational changes.

How important is attention to detail for this role?

Attention to detail is crucial for this role to ensure accuracy in financial analysis and reporting.

What happens if I find that this job is not the right fit for me?

If this job doesn’t fit your criteria, you can create a job alert to receive emails about future openings at Arch that match your interests.

Finance
Industry
5001-10,000
Employees
2001
Founded Year

Mission & Purpose

Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda. Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture. We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change. As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs. Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here. ATTENTION JOB SEEKERS Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal. Please know the following about our interviewing and hiring practices: We never make job offers without a formal interview process. We never ask you to send money of any kind.