Commercial Service Manager

at  Allianz Services

Allianz Services is part of Allianz Group, one of the world’s leading insurers and asset managers and has succeeded in becoming one individual business segment by combining various businesses from different parent companies. Allianz Services is running service delivery operations in Romania, India, Mauritius and Morocco as well as is operating Consulting hubs in Germany, USA, Italy, France and Singapore with almost 6000 colleagues globally.
Allianz Services Romania has a key role in the transformation of the Group by improving operations and creating a superior experience for customers, offering actuarial, financial, IT, HR and governance services. Our team counts over 1000 passionate professionals whose main assets are the expertise and top qualifications, combined with multilingual skills, ranging from English, German, French and Italian, to Portuguese, Spanish and Romanian.
At Allianz Services Romania, we aim to attract best talents and create an inspiring environment for our people to develop, while unceasingly caring for our community and for shaping a better future together!

JOB ROLE

The role will be part of the BMP Program. BMP Program is a central team responsible for governance and financial management of all elements of Business Master Platform (BMP). The Commercial Service Manager will work closely with the division head and collaborate with both the resource management team and the transformation management office. They will be responsible for reporting financial information and will maintain a strong partnership with the controlling team to ensure seamless operations.

WHAT YOU WILL DO

• Non-Operations Financial Management:

Oversee and manage non-operational financial activities, ensuring alignment with organizational goals and compliance with financial regulations.

• Budgeting:

Develop, implement, and manage the annual budgeting process.
Collaborate with various departments to gather necessary data and ensure budget accuracy.

Monitor budget performance and provide variance analysis.

• Forecasting (FC):

Prepare and update financial forecasts on a regular basis.

Analyze financial data to identify trends and provide insights for future financial planning.

• Monthly Delta Analysis:

Conduct monthly delta analysis to identify and explain variances between actual and forecasted financial performance.

Provide detailed reports and recommendations based on analysis findings.

• Pre-Approval of Spend:

Review and approve spending requests to ensure alignment with budgetary constraints and financial policies.

Maintain records of approved expenditures for audit and reporting purposes.

• Provision Posting:

Ensure accurate and timely posting of financial provisions.

Collaborate with accounting teams to maintain proper financial records.

• Asset Management:

Maintain an up-to-date overview of company assets.

Monitor asset utilization and depreciation, and provide regular reports on asset status.

• Business Case Preparation/Update:

Prepare and update business cases for new initiatives and projects.

Conduct financial analysis to support decision-making and ensure financial viability of proposed projects.

• Monthly Review Meetings:

Facilitate monthly review meetings with division heads, project leads, and service owners.
Prepare meeting agendas, financial reports, and presentations.
Ensure follow-up on action items and decisions made during meetings.