Financial Reporting Manager

Location
London
Salary
£66,000 - £74,000 + 25% bonus and benefits
Posted
21 Sep 2016
Closes
28 Sep 2016
Ref
IH1607-4
Job Title
Finance Manager
Experience Levels
Qualified Accountant
Contract Type
Permanent
Hours
Full Time

Financial Reporting Manager opportunity

This International household name Insurance company is looking for a Financial Reporting Manager with strong IFRS experience to be a senior member of the Global Reporting Team, responsible for the Groups’ timely and accurate Quantitative and Qualitative Solvency II reporting to the PRA.

Financial Reporting Manager will be responsible for managing the following deliverables in the wider Regulatory Reporting Deliverables;

  • Design, own and manage Solvency II reporting cycle processes and controls
  • Day to day management of the Regulatory Reporting Team members
  • Lead the Groups’ expert team on regulatory technical guidance
  • Written communications to Board and sub-committees (internal approval memos, judgement summary, updates etc)
  • Lead on the engagement of the Group’s external advisors to ensure they receive appropriate information to perform their work and to ensure we obtain maximum return from fees
  • Provide technical advice to Market Units and Centre functions by interpreting and applying financial reporting and regulatory standards
  • Lead on the reporting relationships with market unit teams and the development of a 'customer service’ culture across Centre Finance to ensure that the function builds rapport with, and understanding of, each market unit
  • Supporting the Regulatory Reporting Manager in creating an environment of continuous improvement to ensure that all reporting is conducted to the highest possible standard whilst meeting efficiency requirements (i.e. working towards SII BAU timelines)
  • Supporting the Regulatory Reporting Manager in the training and development of junior members of the team

    Qualifications, Training and Experience

    To apply successfully, you will be an ambitious individual with excellent communication and technical accounting skills coupled with experience of managing regulatory reporting processes. The ability to manage and motivate team members along with the ability to plan, prioritise and deliver against plan will be crucial to the role.

    To perform the role successfully, the reporting manager would have the following attributes;

  • Professional qualification (ACCA, ACA)
  • Experience of coordinating large processes with multiple stakeholders
  • Previous experience in IFRS reporting
  • Ability to act as a change agent ahead of SII BAU timelines (2020)
  • Ability to work effectively under pressure, managing conflicting tasks, senior demands and deadlines
  • Excellent written and oral communication skills, including preparation of executive presentations, accounting papers and external reporting
  • Comprehensive financial accounting and reporting knowledge
  • Group reporting/consolidation experience in a large group is preferred
  • Clear understanding of financial controls and importance of data integrity along with the ability to shape the control procedures for key SII reporting processes
  • Ability to interpret complex accounting and reporting guidance
  • Strong knowledge of Excel, Word and PowerPoint and financial consolidation systems (especially Cognos and TM1) an advantage

    This is an excellent opportunity to join a recognised market leader and develop your career.