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Group Finance Manager

Grafton Banks Limited
Posted 6 hours ago, valid for 11 days
Location

London, Greater London EC2V7NQ, England

Salary

£85,000 - £102,000 per annum

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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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  • Grafton Banks Finance is seeking a Group Finance Manager for a successful General Insurer based in the City of London, offering a hybrid working model.
  • The role requires a qualified accountant with strong group finance and consolidation skills, ideally with experience in a large business and knowledge of IFRS.
  • Candidates should have a minimum of 5 years of experience, with an advantage for those familiar with the insurance industry and IFRS 17 and Solvency II.
  • The salary for this position is approximately £90,000, plus benefits including a 10% bonus, pension, and 25 days of holiday.
  • Key responsibilities include managing month-end and quarter-end closes, regulatory reporting, and supporting the implementation of a new finance system.

Group Finance Manager

City of London/ Hybrid

£90,000 + Benefits

Grafton Banks Finance us working with a successful General Insurer to recruit their new Group Finance Manager.

Working as part of a high calibre group finance team this role will be responsible for completing the month end, quarter end, and annual group close, regulatory reporting, and will be an SME for the new group finance system implementation.

We are looking for a qualified accountant, ideally ACA trained in practice, although not essential. Strong group finance and consolidations skills gained in a large business are essential, as is IFRS experience. Experience in the insurance industry and exposure to IFRS 17 and Solvency II would be an advantage.

This role is hybrid working with 8 days per month expected in the offices. Salary is circa £90,000 + benefits including 10% bonus, pension, and 25 days holiday.

Key tasks:

  • Preparation and submission of quarter-end Group consolidated results under IFRS 17.
  • Manage month end, quarter end and annual Group close. 
  • Monitoring the monthly reinsurance bookings and preparation quarterly reinsurance statements, working closing with UK and European finance teams.
  • Preparing Group SII own funds and SCR reporting.
  • Providing design and implementation support to Finance change / cross functional Change Projects and other queries.  Specifically, the new financial systems project, including new “the one” Chart of Accounts and system set up.

We are looking for someone with first class communication skills who is at ease working with stakeholders across the business, strong Excel skills are essential, and experience of working on finance systems implementations would be useful.

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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.