Manager – Financial Planning & Performance Management

Role Purpose:

Work with the Sr. Manager – Financial Planning & Performance Management & Director of Financial Planning, Collection Services, & Solutions in conducting the necessary financial analysis and forecasts that allow for more informed decision making by executive management and the Board of Directors.

Accountabilities:

Annual Operating Plan and 3 Year Plan

• Work with the Sr. Manager and other team members in preparing the Annual Operating Plan (“AOP”), 3 Year Plan (3YP), and intra-year forecasts on a detailed revenue and cost centre level with coordination between all department managers
• Assist in conducting scenario analysis on AOP and 3YP
• Complete Bupa Group Templates for AOP, 3YP, and intra-year forecasts to ensure that all group requirements for the planning cycle are completed on a timely basis
• Collect monthly company performance data, compare it to AOP, and analyse sources of variance
• Design financial models needed for all planning/forecasting related activities such as BDP, commissions, volume rate analysis and any other ad hoc required models
• Assist in designing spreadsheet templates for use by BA’s businesses and other internal stakeholders, and updating and enhancing these templates on a regular basis
• Assist in preparing 12-months rolling forecast for solvency, income statement, balance sheet and cash flow on a monthly basis
• Assist in generating management reports on a periodic and on an as needed basis

Balance Sheet Management

• Prepare monthly analysis on regulatory and IFRS solvency, risk and opportunities to budget and balance to achieve schedule
• Measure the impact of premium payment terms on bad debt expense and solvency

Opex Management

• Analyze monthly reporting of Opex vs budget and identify key variances, issues, and trends

Competitor Analysis and Benchmarking

• Obtain quarterly and annual insurance market and competitor data and analyze growth, profitability, market share, and financial strength
• Prepare quarterly & annual competitive analysis report and enhance the report on regular basis

Special Assignments

• Assist in conduct capital budgeting and feasibility study exercises for new products and ventures
• Assist in preparing investment cases and business plans for new products and ventures
• Assist in all due diligence assignments
• Work on ad hoc assignments as they arise 

Managerial

• Supervise, train, and mentor financial planning & performance management team members

Years of Experience 

• 2-5 years of relevant work experience

Skills Required (Technical/Managerial)

• Financial Planning, Forecasting, Budgeting, Scenario Analysis, Sensitivty Analysis, Financial Statements Analysis, Competitive Analysis, Accounting, Investmnet knowledge, Perfromance Management, variance analysis & Insights

Other Requirements (If Any)

• BS in Finance, Accounting, Economics, or any other business discipline
• Masters Degree is a plus
• Professional certificatio such as CMA or CFA designation is a plus