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Finance Business Partner | Parsippany, NJ, USA
3 months ago
Finance Business Partner
Factory Mutual Insurance Company
Parsippany, United States
Finance Business Partner
Factory Mutual Insurance Company
Parsippany, United States
Posted 1 day ago
Permanent
Competitive
Finance Business Partner
Overview
FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.
Summary:
The Finance Business Partner (FBP) will act as a trusted advisor on the financial performance of a Division or Staff functions in areas related to the future state financial performance including budgeting, financial insights on market conditions, alternative business scenarios and improving the quality of internal and external financial data to drive business decision making and performance. Provides a broad scale, expert consultation, direction, and guidance to both functional and regional leadership to elevate business performance.
Schedule & Location:
This position is office-based in Parsippany, NJ and follows a full-time schedule Monday through Friday. Start and stop times are flexible with core business days on-site Monday, Wednesday, and Thursday. Occasional domestic travel is required based on business needs.
Responsibilities
Drives end-to-end planning, budgeting, and forecasting process across a division/staff function, including all inputs and drivers within the planning tool.
Develops the annual plan, associated budgets, and forecasts for a division/staff function, supported by an FP&A analyst pool.
Understands and oversees the financial performance of a division/staff function to support Head of FP&A's strategic priorities.
Owns monthly management reporting and analysis process for a division/staff function.
Proactively provides transparent and frequent financial updates and actionable insights for assigned division/staff function.
Engages Sr Finance Business Partners and FP&A Head to ensure timely and accurate delivery of analysis and insights.
Ensures business leaders understand key PBF assumptions and drivers.
Builds business cases, including what-if analyses.
Engages key internal stakeholders, including other Finance Business Partners and division/staff function counterparts, to keep abreast of changes in market landscape and advise on potential implications to the business.
Supports ad hoc analysis, as required.
Qualifications
Required Education:
Bachelor's degree with a focus in accounting or combination of equivalent work experience.
Highly Preferred Education:
Master's degree preferred.
Professional certification e.g. CPA, ACA, ACCA.
Required Work Experience:
10+ years of related work experience is required.
Highly Preferred Work Experience:
Finance experience at an insurance company; strategy and/or consulting role.
Global work experience is highly preferred.
Required Skills:
Strong strategic and execution capabilities
Strong judgement and decisiveness
Broad and deep knowledge of finance, business, and regulatory environment
Excellent interpersonal, written and oral communication skills
Ability to build trust through advocacy for division or staff function leadership team priorities
Ability to mentor FP&A analysts to enable growth toward FBP role
Strong accounting / finance skills
Ability to work independently
Good team leadership skills and results orientation
Ability to motivate others in a deadline driven environment and foster acceptance of change
Proficiency with financial systems and standard software applications
The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM Global's comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM Global is an Equal Opportunity Employer and is committed to attracting, developing and retaining a diverse workforce.
Job ID
14528
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