Head of Financial Control

£150000 - £200000 per annum
10 Jun 2024
17 Jun 2024
Dominic Mabbs
Job Title
Finance Director
Contract Type
Full Time
We are seeking an experienced and qualified accountant to take ownership of our client’s financial control processes and independently contribute to the overall effectiveness of their global finance function. This is an incredibly exciting business at the forefront of insurance innovation.

As a fast-growing Insurance firm, maintaining a robust financial control framework is critical to their continued success. The ideal candidate will demonstrate high energy and passion for their work, with a proven track record of influencing change within an organization and utilizing technology to automate and innovate.

Key Responsibilities:
  • Drive the development and maintenance of an effective financial controls framework.
  • Ensure appropriate controls are designed, implemented, and operated throughout reporting cycles to mitigate and manage risk effectively.
  • Validate all statutory and regulatory reporting, ensuring close-down procedures are conducted, and all reporting deadlines are met.
  • Own management information to report the effectiveness of financial controls.
  • Lead the investigation of risk events and develop action plans to address identified weaknesses.
  • Manage controls testing cycles, develop annual testing plans, and conduct in-cycle testing.
  • Foster relationships and interactions with Operational Risk and Internal Audit concerning financial control processes.
  • Ensure strong financial controls with outsourcing providers, with clear modes of measurement.
  • Engage with senior stakeholders and lead projects to deliver improvements in the financial and operating control environment.

Skills, Knowledge, and Expertise Required:
  • Qualified Accountant with extensive experience in financial controls frameworks, financial reporting, risk assessment, defining effective controls, and delivering process improvements.
  • Strong understanding of non-life insurance.
  • Experience in leading change, whether smaller engagements or components of large, complex operations.
  • Proven ability to identify business issues, own responsibility for quality deliverables, manage stakeholder relationships, and develop persuasive recommendations.
  • Critical thinking, advanced analysis, and problem-solving techniques—business/data analysis and Excel skills are essential.
  • Ability to communicate complex ideas effectively, both verbally and in writing, with business stakeholders.
  • Interest in using new technology to automate and improve processes.