At a Glance
- Tasks: Lead financial reporting and oversee compliance with GAAP standards.
- Company: Join a dynamic finance team at a leading insurance firm in London.
- Benefits: Enjoy competitive salary, generous leave, and wellness perks.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make a real impact on financial processes and drive innovation.
- Qualifications: 10+ years in (re)insurance accounting and strong leadership skills.
The predicted salary is between 80000 - 100000 £ per year.
Department: Finance
Employment Type: Permanent - Full Time
Location: London, UK
Description
Working as part of the Finance Team, you will report directly to the Group Financial Controller with responsibility for overseeing all aspects of the financial close and financial reporting processes, including the preparation of accurate, timely and compliant financial statements under US GAAP, UK GAAP and Lux GAAP. In your capacity as Head of Financial Reporting, you will also act as the Luxembourg Financial Controller with accountability for the CES (Convex European entity) regulatory reporting, financial accounting processes and controls. Furthermore, you will be responsible for managing the outsourced teams in various locations who are responsible for Financial Reporting. As our successful candidate, you will embody the Convex values and share your skills and experience across Convex.
Some of the key tasks may include:
- Maintain oversight of the full financial close process each month, ensuring all SOX controls have been operated in line with expectations and validating the financial results including the Group Consolidation whilst ensuring that reporting deadlines are met.
- Ongoing review of monthly Balance Sheet reconciliations across the Group, supporting the various teams in identifying and resolving process deficiencies which cause reconciling items.
- Design new operational accounting policies, processes and controls for the implementation team to support new business initiatives and improve financial reporting processes.
- Maintain oversight of all financial and regulatory activities relating to CES, engaging closely with the various outsourced providers to ensure timely and accurate reporting.
- Support the successful completion of the audit whilst acting as the primary point of contact for the external auditor for all matters relating to CES.
- Partner with the Luxembourg CFO in the preparation of Audit Committee and board papers, liaising with various finance teams to ensure papers are updated appropriately, and any queries from the CFO are driven to conclusion.
- Stay up to date with the latest changes in accounting standards and regulations, enforcing adherence to European regulatory and statutory reporting requirements, and advising management on needed actions.
Skills Knowledge and Expertise
- 10+ years prior experience in (re)insurance accounting, with proven experience in reviewing and preparing GAAP financial statements.
- Experience of running and improving financial reporting and close processes, with a keen interest in deploying new technology to automate and simplify processes.
- Experience in dealing with financial statement complexity, understanding financial position and key P&L drivers, and interfacing with CFOs.
- Experience in leading smaller engagements or components of large, complex operations.
- Experience identifying business issues, owning responsibility for the quality of deliverables, managing stakeholder relationships, and developing persuasive recommendations.
- Critical thinking coupled with advanced analysis and problem-solving techniques; business and data analysis as well as MS Excel skills are essential.
- Ability to communicate complex ideas effectively, both verbally and in writing, with business stakeholders.
- Simplify complex reporting concepts, overcome operating obstacles, and drive balanced decision making for improvements.
- Deploy good judgement in managing competing and conflicting priorities.
- Inspire collaboration with your peers and participate in creating an environment that encourages learning and growth.
- Effective organisational and communication skills.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Head of Financial Reporting & CES Controller in London employer: Convex Insurance Ltd.
At Convex, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Our commitment to employee growth is evident through our generous benefits package, including 30 days of annual leave, a robust pension contribution, and dedicated funds for learning and wellbeing, ensuring that our team members are supported both personally and professionally. Join us to be part of a culture that values integrity, encourages continuous improvement, and fosters meaningful contributions to the financial reporting landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Financial Reporting & CES Controller in London
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We think you need these skills to ace Head of Financial Reporting & CES Controller in London
Some tips for your application 🫡
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How to prepare for a job interview at Convex Insurance Ltd.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Convex Insurance Ltd..
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