At a Glance
- Tasks: Lead IT finance transformation and manage budgets across a multi-entity insurance business.
- Company: Dynamic insurance company with a focus on innovation and inclusivity.
- Benefits: Autonomy to drive change, professional growth, and a hybrid working environment.
- Other info: Join a diverse team and shape the future of IT financial operations.
- Why this job: Make a visible impact on financial processes and cloud cost management strategies.
- Qualifications: Qualified accountant with IT finance experience and strong stakeholder management skills.
The predicted salary is between 48000 - 72000 £ per year.
Exciting opportunity to join the senior Leadership Team of a complex, multi-entity insurance business managing IT finance across group operations. Take ownership of an evolving IT budget, working as an internal consultant to drive process improvements, cost optimization, and cloud financial operations. This role offers genuine influence over strategy and stakeholders, with responsibility for modernizing manual processes and building efficient systems across the organization.
Key Responsibilities
- Develop and maintain IT budget forecasts and performance, reporting actuals versus budget monthly to senior leadership and FDs across the business.
- Manage cost allocations, accruals, prepayments, capex tracking, and depreciation calculations.
- Establish and enhance cost management for cloud services, optimizing current and future cloud adoption.
- Drive process improvements and streamline manual financial processes for efficiency and transparency.
- Work closely with PMO and project teams to ensure accurate change accounting and portfolio spend monitoring.
- Support IT procurement through contract review, analysis, and managing procurement-to-payment processes.
- Provide resource planning support across BAU and change initiatives.
Requirements
- A qualified accountant with a background in insurance and IT finance.
- Experience managing IT budgets across complex, multi-entity structures.
- Deep understanding of IT budgeting, run vs change costs, and technology spend accounting.
- Solid understanding of cloud services billing, allocation, and optimization.
- Strong ability to manage senior stakeholders and explain financial concepts to non-finance audiences.
- Commercial mindset with continuous improvement focus and ability to challenge status quo.
- Self-motivated with strong work ethic and ability to work to tight deadlines.
- IT Project and Portfolio budgeting experience.
What's On Offer
Lead IT finance transformation in a complex, growing insurance business where your impact will be highly visible. Work directly with FDs, COOs, and senior leadership across multiple entities with genuine autonomy to drive change. Opportunity to modernize financial processes, implement cloud cost management strategies, and shape the future of IT financial operations in an evolving environment with significant scope for professional growth.
Our client is committed to diversity in all of its forms and operates an inclusive recruitment process and has a hybrid office working environment.
IT Finance Manager employer: Insight Recruitment Solutions Limited
Contact Detail:
Insight Recruitment Solutions Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IT Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and IT finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research the company and its financial operations thoroughly. We suggest practising common interview questions related to IT budgeting and cloud services. Show them you’re not just a qualified accountant, but someone who can drive real change.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. Remind them of your enthusiasm for the role and how you can help modernise their financial processes. We want to make sure you stay top of mind!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always on the lookout for talented individuals like you to join our team and make an impact in IT finance.
We think you need these skills to ace IT Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the IT Finance Manager role. Highlight your experience with IT budgets and cloud services, and don’t forget to mention any relevant achievements that showcase your ability to drive process improvements.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Share specific examples of how you've managed complex budgets or improved financial processes in the past.
Showcase Your Stakeholder Management Skills: Since this role involves working closely with senior leadership, make sure to highlight your experience in managing stakeholders. Talk about how you've communicated financial concepts to non-finance audiences and driven change in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar quickly!
How to prepare for a job interview at Insight Recruitment Solutions Limited
✨Know Your Numbers
As an IT Finance Manager, you'll need to be on top of your game with budgeting and financial forecasting. Brush up on your knowledge of IT budgets, cost allocations, and cloud financial operations. Be ready to discuss specific examples from your past experiences where you successfully managed budgets or optimised costs.
✨Understand the Business
Familiarise yourself with the insurance industry and how IT finance plays a role in it. Research the company’s structure and its multi-entity operations. This will help you articulate how your skills can directly impact their financial processes and drive improvements.
✨Showcase Your Stakeholder Management Skills
This role involves working closely with senior leadership and non-finance audiences. Prepare to share examples of how you've effectively communicated complex financial concepts to stakeholders in the past. Highlight your ability to influence and drive change within an organisation.
✨Emphasise Continuous Improvement
The job description mentions a focus on modernising processes and challenging the status quo. Think of instances where you've implemented process improvements or streamlined operations. Be ready to discuss your approach to identifying inefficiencies and how you tackled them.