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 and learning.
- Why this job: Make a real impact on financial processes and drive innovation in reporting.
- Qualifications: 10+ years in (re)insurance accounting and strong leadership skills required.
The predicted salary is between 80000 - 100000 £ per year.
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 employer: Convex
At Convex, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Located in the heart of London, our Finance Team is dedicated to professional growth, providing extensive learning opportunities and a supportive environment where your expertise in financial reporting can truly shine. With competitive benefits including generous annual leave, private health insurance, and a commitment to employee wellbeing, Convex is the ideal place for those seeking meaningful and rewarding careers in finance.