About the Job
The Head of Financial Branch & Subsidiary Management is responsible for overseeing the financial health, performance, and reporting of the company’s branches/subsidiaries as well as for the transformation activities such as Speed2Value (S2V) and BMP. This role ensures alignment with group financial goals, compliance with corporate governance standards, and adherence to financial controls across branches which is currently a gap in our organization. The position involves collaboration with various business units, ensuring that branches meet financial targets, manage risks, and contribute to the overall success of the company.
What you do
* Prepare and review consolidated financial statements and reports from subsidiaries, conducting performance analysis to provide actionable insights for improvement.
* Lead subsidiary budgeting and forecasting processes, ensuring alignment of financial plans with group targets and strategic goals.
* Ensure adherence to accounting standards and tax compliance while maintaining alignment with corporate governance policies.
* Track financial KPIs to identify improvement opportunities and implement corrective measures for underperforming units.
* Facilitate financial due diligence and integration of acquisitions, while monitoring post-acquisition performance to ensure targets are met.
* Manage cash flow and working capital levels, planning intercompany financing and capital allocation effectively.
* Serve as a liaison between subsidiaries and group leadership, coordinating with legal, tax, and treasury teams on strategic initiatives.
* Identify and implement improvements in financial processes, standardizing reporting for enhanced efficiency and transparency.
What you bring
* Professional certifications (CPA, CMA, ACCA) are advantageous.
* 15-20 years of experience in financial management, particularly at subsidiary or group level.
* Strong knowledge of international accounting standards (IFRS, GAAP) and financial reporting.
* Expertise in budgeting, forecasting, and performance analysis.
* Familiarity with tax regulations and compliance across multiple jurisdictions.
* Proficiency in financial software and Excel; ERP systems experience preferred.
* Excellent communication, presentation, and interpersonal skills, with strong analytical abilities.
* Bachelor's degree in Finance, Accounting, Economics, or related field; Master's preferred.
What we offer
* We offer a hybrid work model which recognizes the value of striking a balance between in-person collaboration and remote working incl. up to 25 days per year working from abroad.
* We believe in rewarding performance and our compensation and benefits package includes a company bonus scheme, pension, employee shares program and multiple employee discounts (details vary by location).
* From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
* Flexible working, health and wellbeing offers (including healthcare and parental leave benefits) support to balance family and career and help our people return from career breaks with experience that nothing else can teach.
69807 | Finance & Accounting | Management | Allianz Senior Executive | Allianz Technology | Full-Time | Permanent
About Allianz Technology
With its headquarters in Munich, Germany, Allianz Technology is Allianz's global IT service provider and delivers IT solutions that drive the group's digitalization. With more than 11,000 employees in over 20 countries around the world, Allianz Technology is tasked to run, optimize, transform, and innovate the infrastructure, applications, and services together with Allianz companies to co-create the best customer experience.
We service the entire spectrum of digitalization – from one of the industry's largest IT infrastructure projects that spans data centres, networks, and security, to application platforms ranging from workplace services to digital interaction.
In short: We deliver comprehensive end-to-end IT solutions for Allianz in the digital age. We are the backbone of Allianz.
Find us at: www.linkedin.com/company/allianz-technology .
D&I statement
Allianz Technology is proud to be an equal opportunity employer that embraces diversity and commits itself to creating an inclusive work environment for all.
We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let´s care for tomorrow.
You. IT.
To Recruitment Agencies:
Allianz Technology has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Technology does not accept unsolicited resumes from agencies or search firm recruiters.
When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place. Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz.
69807 | Finance & Accounting | Management | Allianz Senior Executive | Allianz Technology | Full-Time | Permanent