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Financial Controller - Insurance - First finance hire

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

The business are a large US operator, running as a specialist MGA in the UK with plans to expand into mainland Europe quickly. At the moment Finance is run wholly out of their offices in the US (East coast) however the need has arisen to hire someone seniorto oversea operations locally as the European Financial Controller.This role is unlikely to involve too much granular accounting and would suit someone keen to avoid this type of a role, with a focus on high level oversight and value adding analysis.Responsibilitieswill include: Develop, produce, analyse, and distribute accurate and timely financial accounts including financial bordereaux, revenue production, rolling-12 financials and carrier required reports for assigned entities. Produce and process month end closingfinancials for assigned entities. Assist CFO with budgets, internal and carrier audits and board reports for assigned entities. Process, review, and approve carrier payments for assigned entities in accordance with carrier agreements. Complete and review bankreconciliations for assigned entities in accordance with carrier agreements. Act as liaison for assigned entities (UK and European) to escalate billing, payable, audit, tax and reporting issues. Act as main controller of the UK and European business the EMEAmanagement, liaising with key stakeholders for tactical assistance and strategic planning In terms of candidate profile were looking for: Fully qualified accountant - ACA, CA, ACCA or equivalent with relevant experience in the insurance sector in a financemanager, financial controller role or equivalent. Ideally experience working in a MGA, broker or underwriter with hands on experience in a wide-ranging accounting/reporting based role. Either way some exposure to the insurance sector is essential given thetechnical nature of the position and need for someone who can hit the ground running. In terms of personality/profile, you need to be comfortable being extremely hands on and in the detail, dealing with a range of stakeholders internally and externally includingcolleagues in the US. Longer term the role is likely to evolve into a more senior position and as such presents a superb opportunity to get in early and ride the wave as the business grows.Salary on offer is £100-120,000 base plus benefits and bonus.

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