Project Governance Finance Manager recruitment
Our business stands on the threshold of an exciting and different future, separate from RBS Group. RBS is required to reduce its interest in our business so that it no longer has a controlling interest by 31 December 2013, and divest (relinquish) its entire shareholding by 31 December 2014. Before any divestment can occur we need to show to the satisfaction of regulatory bodies that we can function as a stand-alone business, a process we refer to as separation.
- Requirements
- Qualified Accountant: ACA, CIMA, ACCA
- Relevant experience, preferably in an insurance environment.
- Business case experience in a complex and scale environment - £0,.5m to £175m
- Commercial background
- Experience of influencing and interacting with Senior Management
- Flexibility and change orientation ? ability to work in a new and adapting matrix based structure where the ability to quickly adapt to changing requirements will be necessary to be successful
- Good presentation and reporting skills
- An understanding of the Insurance industry (preferable)
- Basic understanding of databases and general ledgers (TM1 and Oracle preferred)
- Excellent financial analysis and reporting skills
Responsibilities
- Provide guidance to the Sponsor, Project Manager and Decision Support teams to produce well structured and appropriate business cases to meet governance standards and requirements.
- Review, challenge and recommend sign-off all project business cases over £0.5m to ensuring costs and benefits are fairly stated, reflect commercial best practice and follow insurance financial governance.
- Write summary business cases for Insurance Board submissions
- Challenge the monthly cost and benefits projects reports provided by the Decision Support teams and the Project Managers and obtain satisfactory resolution of all queries.
- Review and update the Insurance project governance processes
- Mange the activities of the Project Governance Team (3 FTE) on a day to day basis
- Own the Governance Team plan rolling six months.
- Engage in constructive dialogue with key stakeholders - RBS Business Services, RBS Group Projects, COO Portfolio Management, COO PSO, and DS Heads, Executive Sponsors ? to assess effectiveness of governance processes.
In February this year, we launched our new name Direct Line Group, which brought all our brands together – Direct Line, Churchill, GreenFlag, Privilege, Commercial and Brand Partners that will strongly represent us in the market on our journey to building Britain's best retail general insurer.
We have successfully completed employee consultation on our new terms and conditions as Direct Line Group and we have designed a reward proposition that is performance related, transparent, fair, simple and robust.
We are now issuing new Direct Line Group contracts to all our people which we anticipate will come into effect on 1 June 2012. If you are joining us before the 1st June we will also need to provide you with an RBS Insurance contract which will be superseded when the Direct Line Group contract comes into effect.