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Financial Close Manager

High Finance (UK) Limited T/A HFG
Posted 8 hours ago, valid for 17 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A leading London Market (re)insurance Group is seeking to fill a newly created role within their financial controllership function.
  • The position involves taking control of the general ledger and accounting controls, with a focus on continuous improvement and transformation.
  • Candidates should have a minimum of 5 years of experience in finance, with a strong technical understanding of insurance accounting.
  • The role offers a competitive salary of £75,000 to £85,000, depending on experience.
  • Ideal candidates will have Big 4 or Top 10 accountancy practice training and demonstrate excellent communication and leadership skills.

A leading London Market (re)insurance Group with a global presence and strong reputation are recruiting a newly created role in their financial controllership function. Working for this dynamic and rapidly growing organisation, you will have opportunity to take control of the GL and the accounting controls as well as shaping the future state of the finance function through a process of continuous improvement and transformation. Reporting to the Group Controller, you will act as the custodian of the leger and will be responsible for the completeness and accuracy of all insurance balances.

  • Assist the Group Controller to drive through best practices for finance processes and develop standard reconciliation processes across all of Finance;
  • Ensure ledger balances by Line of Business and Legal Entity and key metrics are supported by strong substantiation, control and review processes;
  • Support the Group Controller in their role as Data Owner for Finance Reference Data and collaborate with Finance Change, the Data Office and Finance BAU stakeholders to define any new reference data.
  • Establish QA capability by developing a framework of processes and control, including analysis, dashboard and KPIs;
  • Enable an early review of the financial results for various GAAPs within the Controllership Function before the official pre-close review, ensuring the accuracy of the numbers.
  • Support the finance leadership in embedding a culture of risk identification and mitigation within Finance and act as a key player in resolving any BAU issues with a perspective of enhancing the Financial Controls Framework;
  • Drive new ways of working, leveraging Financial technology to find new and innovative ways to optimise BAU Financial Controls processes.

The ideal candidate will need to have a good technical understanding of insurance accounting and will understand a month end close process. Big 4 / Top 10 accountancy practice trained is highly desirable as is demonstrating excellent communication and leadership skills.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.