Tusker Commercial Finance Manager (Insurance and Services) - Watford

End Date

Sunday 02 March 2025

Salary Range

£65,385 - £72,650

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Flexibility in when hours are worked

Job Description Summary

Based in Watford

Job Description

• JJOB TITLE: Commercial Finance Manager – Insurance and Services

• SALARY: £62,874- £85,000

• LOCATION(S): Watford

• HOURS: Full-time

• WORKING PATTERN: Our work style is hybrid, which involves spending at least 2 days per week, or 40% of our time, at our Watford site.

About this Opportunity

The successful candidate will be a key member of the finance team, reporting into the Financial controller. As part of the finance team this role is integral to the management and financial reporting covering Insurance and other service areas including repairs and maintenance. This role will work across the business and with external partners to drive understanding, efficiency and control.

Key responsibilities will include full commercial and financial control covering reporting, analysis, forecasting and account reconciliations of insurance and other services including maintenance for a fast-growing fleet, currently over 55k vehicles.

The role is high profile with exposure to both Managing Director and Finance Director.

About us

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.

We’re an award winning car leasing company who have been providing company car and tax efficient car benefit schemes since 2009. We take pride in helping organisations offer their employees a car that will have less impact on our environment, supporting planet positive mobility and a brighter more sustainable future. We’re committed to driving down emissions by getting people into newer and more environmentally friendly cars. We genuinely care about the world we live in and know that our customers do too. This is why we work with each and every one to offset the carbon emitted by each salary sacrifice car put on the road through our schemes.

Our Car Benefit Scheme gives employees access to affordable, fully maintained and insured cars for a fixed monthly amount delivered through a salary sacrifice employee benefit arrangement. Offering all fuel types, prices and over 1000 cars to choose from all by leading manufacturers. Please visit for Tusker car website for more information

What you’ll need

• Work with Insurers and Insurance Brokers to review factors influencing scheme performance

• Perform regular and ad hoc analysis of performance highlighting areas of opportunity and risk

• Preparing, analysing and reporting monthly financial information. Investigation of variances against budget and forecast

• Business partner internal and external customers

• Review tools to review and supervise performance and recommend improvements including systemic solutions to support a growing portfolio.

• Managing and developing financial systems and accounting policies and the internal control environment

• Involvement in technical and accounting support relating to insurance and other services

• Preparing audit deliverables for internal and external auditors as required

And any experience of these would be really useful

• Qualified accountant ACA/ACCA with experience of ERP and accounting systems gained in insurance is desirable

• An excellent communicator and relationship-builder and be able to work independently and raise issues early, so they can be addressed

• A confident approach to interaction with internal partners and external suppliers

• Proactive and determined with strong technical ability and problem solving skills

• Strong organisational skills, able to deliver on deadlines and balance workload with a continuous improvement mind set

• Advanced Excel and data management skills

• Excellent communication skills, presenting information clearly and simply with great attention to detail

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.

We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes

• A generous pension contribution of up to 15%

• An annual performance-related bonus

• Share schemes including free shares

• Benefits you can adapt to your lifestyle, such as discounted shopping

• 30 days’ holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

Ready to start growing with purpose?

Apply today.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.