At a Glance
- Tasks: Lead financial processes, collaborate with leadership, and manage financial reporting.
- Company: Join a reputable Lloyds of London Market Insurer with a strong US presence.
- Benefits: Enjoy a competitive salary, bonus, benefits, and hybrid working options.
- Other info: Opportunity to hire a junior and drive process improvements.
- Why this job: Take ownership of high-profile projects and build impactful relationships within the organisation.
- Qualifications: Must be a qualified accountant with MGA experience and strong interpersonal skills.
The predicted salary is between 60000 - 84000 £ per year.
A Lloyds of London Market Insurer has established a presence in the US by investing in multiple MGAs and has a newly created position within the Group Finance Team based in London for a Finance Manager. This person will report directly to the Head of Finance and will work closely with the Senior Leadership Teams for each MGA within their portfolio.
An excellent opportunity for someone to have ownership and responsibility for high-profile work within the organisation, build and implement new processes, financial controls, and hire a junior in the US.
Your role will be broad and include:
- Developing and maintaining efficient periodic close procedures
- Collaborating with leadership on the budgeting and forecasting processes
- Oversight and review of the preparation of financial statements, quarterly management accounts, group consolidation, VAT and Tax submissions
- Review and control expenses management for the group
- Partnering with an outsource accounting provider to ensure accurate and timely financial reporting is complete
- Driving process improvement and development to ensure readiness for MGA onboarding
- Building strong stakeholder relationships within the organisation and with the MGA CEOs and US board of directors
You must be:
- Qualified Accountant (ACA, ACCA, CIMA)
- Experienced in a financial reporting role within an MGA and knowledgeable of double entry (essential)
- Experienced in SOX reporting (highly desirable)
- A strong team player, able to manage multiple projects and achieve deadlines
- Demonstrating fantastic interpersonal skills, able to build effective working relationships at all levels
- Solutions driven and willing to take responsibility
Salary on offer is up to £100k + bonus, benefits, and hybrid working.
StudySmarter Expert Advice🤫
We think this is how you could land US Finance Manager in London
✨Tip Number 1
Familiarise yourself with the specific financial regulations and reporting standards relevant to MGAs in the US. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to understanding the industry.
✨Tip Number 2
Network with professionals already working in finance roles within MGAs or similar organisations. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Prepare to discuss your experience with process improvements and financial controls in detail. Be ready to share specific examples of how you've successfully implemented changes in previous roles, as this is a key aspect of the job.
✨Tip Number 4
Research the company’s current financial strategies and any recent news related to their MGAs. This will allow you to engage in informed discussions during interviews and show that you are genuinely interested in contributing to their success.
We think you need these skills to ace US Finance Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your qualifications as a Chartered Accountant (ACA, ACCA, CIMA) and relevant experience in financial reporting within an MGA. Emphasise your knowledge of double entry and any experience with SOX reporting.
Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the Finance Manager role and how your skills align with the responsibilities outlined in the job description. Mention your ability to develop processes and build stakeholder relationships.
Showcase Your Achievements:When detailing your previous roles, focus on specific achievements that demonstrate your capability in budgeting, forecasting, and financial statement preparation. Use quantifiable results where possible to illustrate your impact.
Proofread Your Application:Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance role.
How to prepare for a job interview at Arthur
✨Showcase Your Financial Acumen
As a Finance Manager, you'll need to demonstrate your expertise in financial reporting and controls. Be prepared to discuss your experience with budgeting, forecasting, and financial statement preparation, especially within an MGA context.
✨Highlight Your Stakeholder Management Skills
This role requires building strong relationships with various stakeholders. Share examples of how you've successfully collaborated with senior leadership or external partners in previous roles, showcasing your interpersonal skills.
✨Prepare for Process Improvement Discussions
The job involves driving process improvements, so come ready with ideas. Think about past experiences where you've implemented new processes or improved existing ones, and be ready to discuss the outcomes.
✨Demonstrate Your Solutions-Driven Mindset
Being solutions-driven is key for this position. Prepare to discuss challenges you've faced in your career and how you approached them, focusing on your problem-solving abilities and willingness to take responsibility.
