Financial Controls Manager - Global Insurance Company - Up to £90,000Car AllowanceBonusBenefits - London with hybrid working

Job Description

Profile Criteria:

1. Fully-Qualified (ACA/ACCA/CIMA) finance professional with finance risk and controls experience with experience working in medium and/or large complex organizations with complex systems, ideally with training from the Big 4 or top 10 practice with a min.of 5 (the more the better) years of experience in industry (any sector across financial services will be considered)
2. Hands-on experience of implementing risk and controls.
3. Demonstrated strong UK GAAP, US GAAP or SII technical accounting knowledge which has led to improved processes
4. Proven track record in design testing of controls over financial reporting
5. Excellent communication and stakeholder management skills

Responsibilities:

• A senior member of the UK Controllership management team with primary responsibility for delivery of end-to-end controls and processes spanning US GAAP reporting, management reporting, statutory reporting and regulatory reporting.
• The primary purpose of the role is to own the design of controls and lead risk-based control assessments to determine the propriety and efficiency of the internal control structure and operating processes. Manage Sarbanes Oxley (SOX) and UK GAAP complianceefforts, including proper identification of key risks and controls that impact the reliability of financial statements and evaluating controls.
• Additional responsibility to act as key SME for Finance for future BEIS ‘UK SOX’ compliance matters.
• Representative for UK Finance and appointed Liaison with Global Quality Controls and Internal Audit functions, with responsibility for designing key internal controls over financial reporting, performing tests of operating effectiveness and evaluating results.Also performs walkthroughs of key processes and controls to assess the design of key controls over financial reporting.
• Maintains strong knowledge of business processes in areas of responsibility and properly identifies key UK GAAP, US GAAP, SOX and future “UK SOX” processes, risks and controls that impact the reliability of financial statements.
• Assesses control design impacts resulting from process changes and transformation initiatives. Identifies, evaluates and writes up issues. Follows through control gaps to ensure understanding, documentation, mitigation plans and actions taken by processowners and our shared services providers.
• Key SME for Finance for future BEIS ‘UK SOX’, including leading the implementation of a formal embedded end to end control environment for statutory and regulatory reporting purposes. Works with external advisors to ensure all requirements are appropriatelymet.
• Presents key control issues to the UK CFO and other members of the Finance Leadership team and prepares of quarterly Audit Committee papers.
• Works closely with the US GAAP team, Legal Entity Reporting team and the Solvency II team to ensure consistency in processes and approach and integrated data flow and control environment from US GAAP SAP for downstream reporting purposes.
• Technical expert and owner of key technical UK GAAP and US GAAP accounting papers such as going concern reviews, impairment reviews and other as needed.
• Key contact point for External Audit, Actuarial, Risk and Tax teams for all control related topics and issues.
• Finance representative at key committees such as Operational Risk Committee
• Assist change initiatives across Finance as needed.

Experience, Skills and Knowledge required:

• Demonstrated strong UK GAAP / US GAAP / SII technical accounting knowledge which has led to improved processes.
• Proven track record in design testing of controls over financial reporting.
• Strong Excelskills and hands on experience financial reporting packages.
• Self-starter able to see things through the end.
• Ability to work in complex corporate environment with clashing priorities.
• Strong negotiating skills.