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FP&A Manager

Date: May 13, 2022

Location: Paris, FR

Company: SCOR

     EMEA     

Paris France (FR) 

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FP&A Manager 

Permanent 

Finance & Accounting 

 

 

 

 

 

Job Summary

 

The FP&A Manager supports the Group Financial Planning and Analysis (FP&A) department in all its main tasks:

  • Participation in the different planning and forecasting activities of the Group: Operating plans, Strategic plans, quarterly landing processes and rolling forecasts
  • Analysis of quarterly financial statements, performance measurement, variance analysis vs. Plan and Landing; elaboration of a quarterly analytical and reporting package, participation in the elaboration of internal and external presentations
  • Support senior management by producing decision-support analytics including simulations and sensitivities to steer the business and optimize resources allocation and performance measurement

Represent the Head of Group FP&A in the various Finance and non-Finance projects (e.g. IFRS 17, Segmental reporting, business performance, peers analysis, Ashford, etc.)

 

Key duties and responsibilities

 

The FP&A Manager has the following main duties and responsibilities:

  • Produce and coordinate the Group planning and forecasting activity process – Produce the annual Operating Plans and the tri-annual Strategic Plans of the Group with appropriate analysis, including:
  • Monitoring the execution of Strategic plan and Operating plan
  • Produce Group, divisional and LoB analytics including legal entity view where possible
  • Rethink the planning exercise to ensure a full efficiency of the process and an optimal allocation of resources and integrate IFRS 17 aspects and considerations
  • Extend the analysis to non IFRS GAAP measurements (Value creation, Capital and Solvency, etc.)

 

  • Strong involvement on IFRS 17 project and support FP&A readiness for the transition (including contribution to the KPIs and Financial communication discussions)
  • Manage the Group CFO expenses budget, projections and Actuals – Coordinate the budget production process, produce the appropriate sensitivities and analysis supporting Group CFO during the arbitration phase of expenses budget.
  • Closing support – Including preparation of Comex / ViA dashboard / AC presentations and assist Group departments in reviewing internal and external communications (Analytical package, IR presentation, DDR, etc.)
  • Act as business partner for the Investment Business Units and GCC&B – Undertake appropriate studies and analysis helping to understand SGI business and expenses development.
  • Ad-hoc analyses, benchmarks, preparation of internal memos, etc.

Participation in interdisciplinary and finance specific projects supporting and/or representing the Head of Group FP&A

 

Required experience & competencies

 

Experience:

  • Minimun 5 years work experience in financial services, preferable reinsurance or insurance
  • Experience in financial planning & analysis, controlling, consolidation, financial audit or financial consulting

Special knowledge and skills required:

  • Knowledge of IFRS (in particular IFRS 17) and Solvency II
  • Strong analytical skills
  • Strong communication skills at all levels including senior management
  • Ability to work in an international and multicultural environment
  • Ability to drill down to explore root causes of observable facts / issue
  • Structured working style, proactive personality with ability to prioritize

Digital Competencies:

  • Strong Miscrosoft Excel and PowerPoint skills
  • Experience with SAP solutions (e.g. BFC, BPC, etc...)

 

 

Required Education

Business and Finance education (Business school, MBA, Bac + 5 equivalent).