Key responsibilities/What you do
The Finance Director (FD) is responsible for the governance of multiple legal entities and has a cross LoB responsibility in Allianz Partners’ matrix working environment (except H&L, that will be unique LoB).
The ultimate goal of this role is to perform governance and ensure that all Financial processes across all legal entities under their responsibility are compliant with all internal and external stakeholder’s requirements related to the functions they are accountable for (i.e., Accounting & Reporting, Planning & Controlling, Capital & Liquidity Management, Tax, Actuarial, Legal and Compliance, Risk, DTP).
For internal requirements, the FD works closely with the functions and the LoB CFOs in order to ensure that all outputs are fair, accurate and complete and the processes are exercised with diligence and consistency. The FD actively supports the development and implementation of the Transformation of Allianz Partners, according to the strategy of the group (e.g., ACM roll-out) The FD encourages and facilitates continuing education and engagement of the team members For external requirements, the FD is locally responsible and coordinates the ultimate relationship with all statutory and regulatory bodies (e.g., tax authorities, external auditors, regulators). The FD acts as a counterparty for financial matters with local Business Partners where it could be reasonably be expected under their respective duties. They are responsible for delivering a complete and faithful representation of financial disclosures to external stakeholders, when needed under business requirements; they act with reasonable care and exercise prudent judgment in ensuring the mitigation of the risks under the governance principles (i.e. escalated complaints, Data Privacy breaches, accounting errors.) They facilitate and support effectively the strategy of the group in acting proactively in eventual investments processes (i.e. M&A)
The FD is a Finance expert who acts as a solid and strategic business partner to senior management: The FD facilitates regional, local CEO’s and LoB CFO’s to have a fair and comprehensive overview of the business performances of the entities under their responsibility and give reasonable judgements in identifying relevant factors which are important to their analysis and actions.
The FD shows a business-driven mindset with analytical skills diplomatic behavior and solid cultural background, who communicates effectively in a plain and comprehensive manner towards the management of the company and the team members they are responsible of. They are able to make a concrete impact in the organization, identifying with Allianz Partners’ legacy and acting as a change agent, driving the transformation step by step while being flexible and innovative in finding solutions.
The FD is people oriented, connects teams, practices and encourages others to practice an effective collaboration, while empowering and developing teams and individuals
Key requirements/What you bring
The local FD, reporting to the global head of accounting and to the LoB CFO’s for the respective LoB’s, is serving as a member of the local executive committees and is accountable for all financial matters of the legal entities in their scope.
The local FD works closely with and is accountable for the finance functions they are responsible of, while supporting LoB CFOs and local and regional CEO of Allianz Partners in implementing long-terms goals and strategy, respecting ethic and environmental social and governance principles established by the group.
Support implementation of Group initiatives at legal entity level, and support and locally drive transformation in all aspects. Ensure, together with the accounting & reporting function, that all periodic financial reporting are disclosed in accordance with group internal deadlines and regulatory requirement, under local & IFRS GAAP and tax and legal requirements Ensure, with the accounting & reporting function and tax advisors, the correctness of the delivery and the timely submission of tax returns (e.g., IPT, CIT, VAT) , implementing the best tax strategy across legal entities in order to enhance the value of the company Ensure the developments, the maintenance and the respect of internal controls and financial procedures Responsible for monitoring financial performance and ensure disclosure of solid financial statements, both P&L and BS items Proactively identify and assess business opportunities and risks and offer recommendations to improve efficiency and profitability Ensure that requests and delivery to external auditors are managed timely and with accuracy, Be an active part of the Finance community to shape and execute Finance strategy locally Implement, maintain and improve liquidity and capital management of the local entities (incl. FX exposure management and timely payment toward Allianz Partners’ holding) Ensure a timely and proper execution of internal audits & closure of related findings, developing relevant controls, rules and guidelines to enhance governance and mitigate risks Ensure that all the functions live the TOM blue-book Encourage and facilitate continuing education and create a OneTeam culture, encouraging engagement of members and while acting as a benchmark Ensure, together with the accounting & reporting function, that all periodic financial reporting are disclosed in accordance with group internal deadlines and regulatory requirement, under local & IFRS GAAP and tax and legal requirements Ensure, with the accounting & reporting function and tax advisors, the correctness of the delivery and the timely submission of tax returns (e.g., IPT, CIT, VAT) , implementing the best tax strategy across legal entities in order to enhance the value of the company Ensure the developments, the maintenance and the respect of internal controls and financial procedures Responsible for monitoring financial performance and ensure disclosure of solid financial statements, both P&L and BS items Proactively identify and assess business opportunities and risks and offer recommendations to improve efficiency and profitability Ensure that requests and delivery to external auditors are managed timely and with accuracy, Be an active part of the Finance community to shape and execute Finance strategy locally Implement, maintain and improve liquidity and capital management of the local entities (incl. FX exposure management and timely payment toward Allianz Partners’ holding) Ensure a timely and proper execution of internal audits & closure of related findings, developing relevant controls, rules and guidelines to enhance governance and mitigate risks
Key benefits/What we offer
Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.
We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.
58385 | Finance & Accounting | Management | Allianz Executive | Allianz Partners | Full-Time | Permanent
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.
Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.