Finance Production and Control Senior Lead in London

Finance Production and Control Senior Lead in London

London Temporary 36000 - 60000 € / year (est.) Home office (partial)
Direct Line Insurance Group

At a Glance

  • Tasks: Lead financial operations and manage stakeholders for accurate transaction processing.
  • Company: Join a top inclusive employer committed to diversity and employee success.
  • Benefits: Enjoy a generous pension, discounts, flexible work-life balance, and more.
  • Other info: Hybrid working model with opportunities for career growth and development.
  • Why this job: Make a real impact in finance while developing your leadership skills.
  • Qualifications: Qualified Accountant with experience in finance operations and insurance.

The predicted salary is between 36000 - 60000 € per year.

As Finance Production and Control Senior Lead, you will work with and manage multiple stakeholders, including the management of an outsource provider to ensure the accurate processing of the specific financial transactions within the agreed set of systems for your role and data definitions on a timely basis. You'll also support the Head of Finance Operations and Change and Director of Finance Reporting and Control in delivering strong and robust financial management through management and oversight of the delivery legal entity financial results of end-to-end processes data framework and control framework – with specific accountability for those systems within your remit.

This role is being offered on an 18-month Fixed-term contract basis.

What you'll be doing:

  • Lead the ongoing development of the Shared Service production hub, managing the outsource provider and ensuring high performance in financial results production.
  • Ensure regular review and adherence to minimum standards and best practices for results production and end-to-end processes.
  • Oversee the completion of the monthly close timetable, managing financial professionals across onshore and offshore teams.
  • Maintain effective financial controls through regular monitoring of reconciliations and related payment/receipt processes.
  • Account for specific financial boundaries, manage the balance sheet, and ensure the accuracy of the financial results.
  • Ensure accounting practices are up-to-date and in line with general and accepted standards.
  • Manage staff performance, including reviews, training needs, and development plans, ensuring consistency across the department.
  • Act as the Finance business owner for key systems like Oracle, FSH, FDP & EDMCS, ensuring alignment with Finance and Data strategic visions.
  • Address complex issues promptly, using judgment to avoid large losses or reputational damage, and serve as an escalation point for process failures.
  • Collaborate with the Finance Change team to ensure new projects meet DLG standards and drive continuous improvement across finance processes, focusing on cost-saving initiatives and optimization of technology.

Our hybrid model offers a 'best of both worlds' approach. When you'll be in the office depends on your role and team, but colleagues spend at least 2 days a week in our London Riverbank House office.

What you'll need:

  • Qualified Accountant with leadership experience in finance operational teams, including offshore teams.
  • Experience in the Insurance is essential, with adherence to a range of legal regulatory and risk management frameworks.
  • You'll have experience of insurance regulatory reporting, with knowledge of Solvency II and IFRS17.
  • You'll have experience in a financial control environment, with strong understanding of processes and systems.
  • Experience in managing and working with suppliers to deliver shared accountabilities.

Hours: 35 Hours per week

Benefits:

  • 9% employer contributed pension
  • 50% off home, motor and pet insurance plus free Green Flag breakdown cover
  • Additional optional Health and Dental insurance
  • EV car scheme
  • Generous holidays
  • Buy as you earn share scheme
  • Employee discounts and cashback
  • Plus, many more

We want everyone to get the most out of their time at DLG. Which is why we've looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best – whatever that looks like — and offering real choice, flexibility, and a greater work-life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They're about recognising who you are and the life you live.

Be yourself: Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.

Finance Production and Control Senior Lead in London employer: Direct Line Insurance Group

At Direct Line Group, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work culture that values diversity and individual growth. Our hybrid working model allows for flexibility, ensuring a healthy work-life balance while providing access to comprehensive benefits such as a generous pension scheme, health insurance options, and employee discounts. With a commitment to professional development and a focus on continuous improvement, we empower our employees to thrive in their careers within the dynamic financial services sector based in London.

Direct Line Insurance Group

Contact Detail:

Direct Line Insurance Group Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Production and Control Senior Lead in London

Tip Number 1

Network like a pro! Reach out to your connections in the finance industry, especially those who work at companies you're interested in. A friendly chat can lead to insider info about job openings and even referrals.

Tip Number 2

Prepare for interviews by researching the company and its financial practices. Understand their systems like Oracle and IFRS17, and be ready to discuss how your experience aligns with their needs. Confidence is key!

Tip Number 3

Showcase your leadership skills! Be ready to share examples of how you've managed teams and improved processes in previous roles. Highlighting your ability to oversee financial results will make you stand out.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.

We think you need these skills to ace Finance Production and Control Senior Lead in London

Financial Management
Stakeholder Management
Outsource Provider Management
Financial Controls
Accounting Practices
Leadership Experience
Insurance Regulatory Reporting

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your leadership experience in finance operational teams and any relevant insurance knowledge to catch our eye!

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for the Finance Production and Control Senior Lead role. Share examples of how you've managed stakeholders and improved financial processes in previous roles.

Showcase Your Technical Skills:Since this role involves key systems like Oracle and FSH, don’t forget to mention your experience with these or similar systems. We want to see how you can contribute to our tech-driven approach!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!

How to prepare for a job interview at Direct Line Insurance Group

Know Your Numbers

As a Finance Production and Control Senior Lead, you’ll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed financial results in previous roles. This shows you’re not just familiar with numbers but can also interpret and act on them.

Stakeholder Management Skills

Since this role involves managing multiple stakeholders, prepare examples of how you've successfully collaborated with different teams or external partners. Highlight your communication skills and how you’ve navigated complex relationships to achieve financial goals.

Showcase Your Leadership Experience

You’ll be leading teams, so be ready to talk about your leadership style and experiences. Share specific instances where you’ve motivated your team, handled performance reviews, or implemented training plans. This will help the interviewers see you as a strong candidate for managing both onshore and offshore teams.

Understand Regulatory Frameworks

With experience in insurance regulatory reporting being essential, brush up on Solvency II and IFRS17. Be prepared to discuss how you’ve ensured compliance in past roles and how you would approach maintaining financial controls in this new position.