Finance Operations Manager

Based in London, this hybrid role gives you the flexibility to work both virtually and from our Chelmsford office. Working closely with colleagues across the business, you'll lead on forecasting, budgeting and reporting activities that help shape strategy and support business growth!

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

Budget preparation

Discuss with Brokers/AEs each account to ascertain expected brokerage for each client

Produce High Line Walk to budget with details of wins/losses/rate changes/PDs etc with phasing

Forecasting

Liaise with Brokers/AEs for expected brokerage as the year progresses on renewals to come, noting losses and jeopardy items plus ups and downs or extensions/ inception changes

Keep scheduled records up to date with the expected forecast for all type of transactions including revenue shares, PDs etc ensuring ‘plus ones’ updated to facilitate easier budgeting the following year

Decide how much of the sales pipeline to include in monthly forecasts

Discuss movement and trends in the forecasts with Finance Partners

Ensure Manual invoices (eg Remetrica costs) are tracked and included in any forecasting

Discuss with other UK based teams impacts to their forecast by revenue sharing to come

Assist in raising accruals where necessary to ensure correct brokerage rev rec position allowing for PDs and un-processed revenue.

Reporting

Complete Monthly forecasts and ad hoc updates Finance and Senior Management

Complete Walks both forward and backwards to prior year and budget as required (quarterly) categorising changes in brokerage to last year and as budgeted including wins/losses/market impact/fees/PDs etc

Prepare and update Risks and Opportunities for discussion with the business and Finance partners to ascertain what could potentially impact forecasts submitted

Report Wins/Losses/Jeopardy to Finance on a monthly basis

Miscellaneous

Respond to requests from for information on statistics both locally and globally

Rebate monitoring and invoicing, responsible for liaising with clients or internal personnel regarding PDs from info gathering to settlement

Assist in Ceded Premium reporting quarterly

Assist in Audit requests relating to revenue

Skills and experience that will lead to success

Insurance experience preferred

Experience of managing small team advantage, especially offshore

Enjoys working with numbers

Confident to approach colleagues at all levels

Happy to work on their own as well as part of a small team

IBA experience considered as that is a good background

Competent IT Skills including all Microsoft Package (Excel Specifically)