Senior Manager Financial Planning

About Us:

Tokio Marine Group is one of the largest global insurance companies with businesses in 38 countries and regions worldwide.

Tokio Marine Management Australasia (TMMA) has grown from its beginnings in Australasia over 50 years ago as a niche Japanese commercial insurer into a diversified operation offering a strong mix of commercial and personal lines. Leading the way in travel, accident and health, bond and credit and cyber security insurance just to name a few.

We are guided by our core identity "To Be A Good Company".

TMMA and its agencies has over 200 employees across offices in both Australia and New Zealand, with its headquarters based in the Sydney CBD.

About the Opportunity:

The Senior Financial Planning & Analysis Manager is responsible for overseeing the company's management accounting function, including reviewing financial performance and providing actionable insights to drive business decisions.

This role includes managing capital reporting to the APRA, ensuring compliance with regulatory standards and timely submissions.

Additionally, the role is responsible for the administration and optimisation of the company's finance ERP system, Workday, ensuring accurate data integration, financial reporting, and system efficiency.

The position requires a strong blend of financial analysis, regulatory knowledge, and technical proficiency in ERP systems.

Collaborating with various business areas to understand their financial needs and provide insights that align with strategic goals.

Responsibilities include:

• Support strategic decision-making by providing financial modelling and business case analysis for new initiatives and investments and act as a trusted advisor to senior management, delivering insights that support strategic and operational decisions.
• Oversee the development of annual budgets, quarterly forecasts, and long-term financial projections.
• Work with department heads to ensure alignment of budgetary goals and provide support in setting departmental budgets.
• Identify risks and opportunities within the budget and forecast, providing actionable recommendations.
• Perform in-depth analysis of financial results, comparing actuals vs. budget, and identifying key drivers of performance.
• Develop and distribute management reports, dashboards, and KPIs to highlight financial trends, risks, and opportunities.
• Identify and implement process improvements to streamline forecasting, reporting, and analysis activities.
• Work with the finance team to leverage financial tools and automation solutions to enhance data accuracy and efficiency.
• Continuously review and enhance FP&A practices, ensuring they align with industry best practices and company goals.
• Monitor Regulatory Capital Requirements and assess the company's capital position against APRA's minimum capital requirements, ensuring alignment with regulatory standards.
• Review and ensure all capital-related reports meet APRA's reporting standards, deadlines, and requirements.
• Contribute to the development of capital plans, including projections of capital adequacy and capital actions.
• Lead ad-hoc financial analysis projects as requested by senior leadership to support decision-making.
• Contribute to mergers, acquisitions, and other strategic projects by providing financial insights and analysis.
• Develop and provide opportunities for employees to engage in professional development activities.

About You:

As our preferred candidate, you will have:

• A bachelor's degree in Finance, Accounting, Economics and hold an MBA, CFA, or CPA.
• At least 8 years+ years of experience in financial planning and analysis, preferably in a managerial role.
• Ability to clearly articulate complex financial information and insights
• Ability to lead, motivate, and develop a team
• General insurance experience preferred however not mandatory.
• Strong proficiency in financial modelling using Excel, SAP, Hyperion, Oracle, Anaplan.
• Excellent analytical and problem-solving skills, with a keen attention to detail.
• Strong communication and presentation skills, with the ability to convey complex information to stakeholders.
• Proven ability to work cross-functionally and influence decisions across all levels of the organisation.
• Ability to interpret complex financial data, identify trends, and extract actionable insights
• Strong understanding of insurance industry principles and financial practices, enabling effective analysis and reporting of financial performance within the sector.
• Expertise in applying accounting standards and regulations (such as IFRS) to ensure accurate financial reporting

What's In It For You?

• Competitive salary package with yearly bonus and great benefits
• Novated leasing options for your assets e.g. vehicle, mobile, laptop etc
• A flat management operating structure which means minimal levels of hierarchy and access to Executive Leaders
• Flexible working - hybrid position, WFH 2 days a week, choose your schedule
• Additional wellbeing leave day to use as you see fit in additional to optional flu vaccinations provided onsite
• Volunteer day with a charity of your choosing
• Twelve weeks of paid parental leave for primary carers, 6 weeks for secondary carers
• Social committee in a friendly, down-to-earth high performing culture that celebrates you
• Ongoing learning and development programs tailored to your career progression goals and ambitions
• Significant discounts with large Japanese multinational companies and other large national retailers

And many more

In return, we will give you everything you need to develop your skills and build a successful role at TMMA. If you're ready to step into a business and culture that will both challenge and excite you, apply now and let's make a difference together If you're ready to step into a business and culture that will challenge and excite you, apply now and let's make a difference together.