Head of FP&A

About Acturis

Acturis is the UK’s leading Software-as-a-Service provider for general insurance. Founded in 2000, we have grown exponentially over the past 20 years. To date, more than 95,000 individuals, in over 40 countries, use Acturis solutions to power their business, and our platform manages over £10bn worth of transactions every year. By working closely with brokers, insurers, and MGAs, we have helped to create and shape the insurance market of today.

The Position

We have an exciting opportunity for a Head of Financial Planning & Analysis (FP&A) to join our company in a newly created role.

Reporting to the Group CFO with a dotted line to the Acturis Platform CEO, the FP&A Lead will oversee and deliver improvements to management reporting for Acturis and its subsidiary entities; manage the budgeting process and monitor performance against this; provide support to the business in making informed business decisions; and assist with due diligence of potential acquisition targets.

Key responsibilities/Deliverables

• Budgeting, forecasting and monthly reporting:
  • Create regular and ad-hoc analysis reports and presentations for the CFO, CEO, shareholders, and Group Management Board
  • KPI development applicable to the Acturis Group and specific to subsidiaries
  • P&L /Cost / KPI / Variance analysis and other ad hoc analysis where required
  • Manage the annual budgeting and forecasting process working with all of the Acturis Platform business verticals and group subsidiary CEOs providing analysis and guidance to senior stakeholders
  • Own the continuous improvement of the financial planning process
  • Develop 5-year plan, working closely with management to identify, develop and document the long-term vision and strategy
• Business partnering:
  • Work closely with Senior Managers, Directors and other non-finance individuals assist with customer driven analysis, supporting resolutions of management reporting queries and assisting with commercial contract evaluations
  • Support the production of customer contract value modelling and the impact of deal desk discounting
  • Support the development and maintenance of a set of ground up TAM across the territories and business sectors in which we operate
  • Support the development and maintenance of white space analysis across all services offered
  • Analyse insurance market placement data with a view to identifying business opportunities and market trends
  • Produce customer and service loss analysis reports
  • Perform an analysis to understand and address the business’ commercial needs, identifying opportunities for profit improvement and enhanced cash generation
  • Prepare and present sales analytics to identify and manage trends and opportunities
  • Drive the use of time recording within the business, owning the time recording platform, the reporting that is available, and assisting business owners to identify opportunities and shortcomings
  • Support identification and reporting of billing leakage, overdue billing and late payments and put in place business and process improvements to reduces

• Financial due diligence:
  • Support with financial and tax analysis of acquisition targets including the management and oversight of third party advisors
• Team management:
  • Development and ongoing management of a small team of graduate analysts to assist in the day to day delivery of the above deliverables

Candidate Experience

• Excellent knowledge of budgeting and forecasting
• Excellent knowledge of management reporting
• Excellent knowledge of Software / SaaS KPIs
• Strong interpersonal skills, including the ability to interact with senior level managers
• Excellent MS Office (specifically Excel & PowerPoint) skills
• Excellent Financial Modelling skills
• Excellent written and verbal communication skills
• Be able to positively influence stakeholders within the business
• Ability to work to tight deadlines in a dynamic pressured environment
• Flexibility to occasionally accommodate the working hours of colleagues in other time zones as well as being flexible to the demands of supporting the business
• Flexibility to occasionally travel internationally to visit Acturis offices, and those of potential acquisition targets
• ACA/ACCA/CIMA qualified

Successful candidates will usually be contacted within 14 days of applying. Due to the high-volume of applications we receive, we are unfortunately unable to inform unsuccessful applicants.