At a Glance
- Tasks: Lead financial close processes and deliver accurate reporting for a top insurance business.
- Company: Join a leading insurance firm with a strong focus on financial excellence.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic team environment with opportunities for finance transformation projects.
- Why this job: Make a real impact by providing financial insights to senior stakeholders.
- Qualifications: Qualified Accountant with strong technical accounting knowledge and leadership experience.
The predicted salary is between 56700 - 69300 £ per year.
We are seeking a Financial Controller to lead the financial close, reporting and control environment within a leading insurance business. The role will take ownership of the general ledger and deliver accurate management, statutory and regulatory reporting, while providing financial insight to senior stakeholders.
Key Responsibilities
- Lead month-end, quarter-end and year-end financial close processes.
- Own legal entity reporting, general ledger activities and financial controls.
- Deliver statutory and regulatory reporting under FRS 102 and IFRS 17.
- Prepare and review balance sheet reconciliations and supporting control evidence.
- Analyse financial performance, provide variance analysis and deliver clear commentary to senior stakeholders.
- Support internal and external audit activities.
- Partner with Underwriting, Actuarial, Claims, Reinsurance, Tax, Treasury and Group Finance.
- Lead, coach and develop a small finance team.
- Support wider finance transformation and reporting system change initiatives.
Must Haves
- Qualified Accountant – ACA, ACCA, CIMA or equivalent.
- Strong technical accounting knowledge, particularly FRS 102, with experience of IFRS 17.
- Experience of legal entity reporting, statutory accounts and financial control.
- Strong understanding of reconciliations, governance and audit requirements.
- Proven experience managing financial close processes and meeting tight reporting deadlines.
- Experience leading, coaching or developing others.
- Advanced Excel and finance systems skills.
- Experience with regulatory reporting/Solvency II, MGA or delegated authority environments, and finance transformation projects would be advantageous.
Banking / Finance Administrator in London employer: Edenbrook
Edenbrook is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in the financial reporting sector. With a strong commitment to employee development, we offer numerous growth opportunities and support for continuous learning, all while working in a dynamic environment that values integrity and excellence. Located in a vibrant area, our team enjoys a balanced work-life experience alongside competitive benefits tailored to enhance both personal and professional well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Banking / Finance Administrator in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Edenbrook. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Banking / Finance Administrator in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Edenbrook.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Edenbrook's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Edenbrook
✨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 Edenbrook.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Edenbrook will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Edenbrook employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
