At a Glance
- Tasks: Lead financial accounting and reporting for a London Market insurer on a six-month contract.
- Company: Join a dynamic insurance company with a focus on innovation and stability.
- Benefits: Competitive salary, hybrid working, and fast-track interview process.
- Other info: Opportunity for immediate start and career growth in a supportive environment.
- Why this job: Make a significant impact in financial governance and reporting within the insurance sector.
- Qualifications: Qualified accountant with extensive experience in financial control and IFRS reporting.
The predicted salary is between 140000 - 150000 £ per year.
Financial Controller Six-month contract | London | Hybrid
Arthur have partnered with a London Market insurer who areseeking an experienced Financial Controller to lead its Financial Accounting & Reporting function for an initial six-month period.
Reporting directly to the Chief Financial Officer, the Financial Controller will take ownership of the company’s statutory, management, regulatory and group reporting requirements.
The successful individual will provide leadership and stability across the function while ensuring that reporting remains accurate, timely and compliant.
This is a senior and hands‑on assignment requiring someone who can quickly understand the business, take ownership of the reporting timetable and operate effectively with limited ramp‑up time.
The position can be structured as either a fixed‑term contract or a day‑rate engagement.
Key responsibilities
- Financial accounting and reporting
- Lead the monthly close and production of management accounts.
- Analyse performance against budget and communicate the drivers behind material variances.
- Present monthly results to senior finance and executive stakeholders.
- Maintain control and integrity across the general ledger.
- Oversee insurance and reinsurance accounting, including premium debtor and reinsurance creditor reconciliations.
- Lead the preparation of statutory financial statements under FRS 102 and FRS 103.
- Own the external audit process, including planning, information delivery and resolution of audit queries.
- Produce quarterly IFRS 17 results for submission to the Tokyo head office.
- Convert business plans and forecasts onto an IFRS 17 basis.
- Lead the reforecasting process in partnership with relevant business functions.
- Regulatory reporting and technical provisions
- Lead the production and submission of Solvency UK financial regulatory returns.
- Support additional international regulatory returns, including NAIC and NCID requirements.
- Work closely with actuarial colleagues during quarterly reserving.
- Ensure the integrity of financial data used to calculate IBNR reserves and Solvency UK technical provisions.
- Calculate reserves on an IFRS 17 basis.
- Present relevant financial information to the Reserving Committee.
- Financial control and governance
- Maintain a robust internal financial control framework.
- Complete quarterly control attestations.
- Assess the design and operational effectiveness of key controls.
- Monitor currency exposures against agreed risk appetite.
- Work with stakeholders across the business to improve upstream data quality.
- Strengthen reporting processes, documentation and financial governance.
- Leadership and transformation
- Lead, support and develop a team of financial accountants and trainees.
- Set objectives, allocate responsibilities and maintain delivery against reporting deadlines.
- Provide coaching and technical guidance across the team.
- Support finance transformation programmes and system enhancements.
- Identify opportunities to improve reporting processes, controls and efficiency.
- Required experience
- Qualified accountant: ACA, ACCA or CIMA.
- Approximately ten years’ post-qualified experience.
- Significant financial control and reporting experience within an insurance carrier, reinsurer, London Market insurer or specialist insurance business.
- Strong practical knowledge of IFRS and IFRS 17.
- Experience of statutory, management and group reporting.
- Strong understanding of Solvency UK reporting and prudential requirements.
- Experience working with actuarial teams on reserving and technical provisions.
- Strong knowledge of insurance and reinsurance accounting.
- Proven ownership of financial controls, governance and external audit.
- Previous experience leading and developing finance teams.
- Ability to communicate complex financial information to senior committees and stakeholders.
- Capacity to enter an interim assignment and deliver with minimal support.
- Candidates whose experience has been predominantly within insurance broking are unlikely to possess the required depth of IFRS 17 reporting experience.
- Direct carrier, reinsurer or specialist insurer experience is therefore strongly preferred.
- Contract details
- Initial six-month assignment
- London-based
- Hybrid working: approximately two to three office days per week
- FTC salary: approximately £140,000-£150,000
- Day rate: approximately £800-£900 per day
- Immediate or short-notice availability preferred
- Fast interview and decision-making process
- #J-18808-Ljbffr
Interim Financial Controller in London employer: Arthur
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StudySmarter Expert Advice🤫
We think this is how you could land Interim Financial Controller in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Arthur.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Arthur might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Interim Financial Controller in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Arthur will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Arthur. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Arthur confidence in your short-term commitment to the role.
How to prepare for a job interview at Arthur
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Arthur.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Arthur that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
