At a Glance
- Tasks: Enhance financial controls and governance while improving finance processes.
- Company: Leading London Market insurer focused on financial excellence.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to lead transformative finance initiatives in a collaborative setting.
- Why this job: Make a real impact on financial governance and control improvements.
- Qualifications: Qualified accountant with strong financial controls and governance experience.
The predicted salary is between 60000 - 80000 £ per year.
A London Market insurer is seeking an experienced Financial Controls Accountant to deliver a finance controls improvement programme focused on strengthening the financial control environment, enhancing balance sheet governance, improving close processes, and embedding sustainable controls across Finance and the wider business.
The successful consultant will assess the current control framework, identify gaps and inefficiencies, implement remediation plans, and ensure robust financial reporting controls are embedded across key finance processes.
Key Project Objectives- Review and enhance the existing financial controls framework, including risk and control matrices, process documentation, and control register.
- Strengthen balance sheet governance through improved reconciliation processes, substantiation standards, ageing reviews, and action tracking.
- Assess the design and operating effectiveness of key financial controls and implement improvements where deficiencies are identified.
- Deliver sustainable remediation of control weaknesses through root-cause analysis and corrective action plans.
- Improve month-end and year-end close governance, ensuring appropriate journal controls, review procedures, and management oversight.
- Drive standardisation and efficiency improvements across Record-to-Report and associated finance processes.
- Enhance financial reporting controls and ensure alignment with internal policies, governance requirements, and best practice.
- Support finance transformation initiatives, system enhancements, and process change programmes by assessing and embedding appropriate controls.
- Updated financial controls framework and control documentation.
- Comprehensive review of balance sheet reconciliation and substantiation processes.
- Control testing programme with documented findings and remediation plans.
- Closure of identified audit and control deficiencies.
- Enhanced month-end close control framework and governance reporting.
- KPI and management reporting dashboard covering control effectiveness, reconciliation quality, and close performance.
- Updated finance policies, control standards, and evidence retention procedures.
- Recommendations and implementation plan for process automation, standardisation, and control optimisation.
- ACA, ACCA, CIMA or equivalent qualified accountant.
- Strong background in financial controls, financial accounting, audit, or governance.
- Proven experience improving control environments and balance sheet governance.
- Experience delivering control testing, remediation, and audit support programmes.
- Strong understanding of month-end close, reconciliations, financial reporting controls, and finance operating models.
- Experience working with ERP systems such as SAP, Oracle, Dynamics, or NetSuite.
- Demonstrated ability to lead process improvement and finance transformation initiatives.
- Excellent stakeholder management, documentation, and project delivery skills.
Financial Controls Framework Enhancement & Balance Sheet Governance Project (FTC) in London employer: Edenbrook
Join a leading London Market insurer that prioritises employee development and fosters a collaborative work culture. With a focus on enhancing financial controls and governance, this role offers the opportunity to make a significant impact while benefiting from a supportive environment that encourages professional growth and innovation. Enjoy competitive remuneration, flexible working arrangements, and the chance to be part of transformative finance initiatives in a dynamic city.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Controls Framework Enhancement & Balance Sheet Governance Project (FTC) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who have experience with financial controls. A casual chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Show off your skills! Prepare a portfolio or a presentation that highlights your achievements in enhancing financial controls and governance. This can really set you apart during interviews.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors, focusing on your experience with control frameworks and remediation plans. The more comfortable you are, the better you'll perform.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that match your skills in financial controls. Plus, it’s a great way to get noticed by our hiring team.
We think you need these skills to ace Financial Controls Framework Enhancement & Balance Sheet Governance Project (FTC) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the job description. Highlight your background in financial controls and governance, and don’t forget to mention any relevant qualifications like ACA or ACCA.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Talk about your experience with improving control environments and how you can contribute to our finance transformation initiatives.
Showcase Your Achievements:When detailing your past roles, focus on specific achievements rather than just duties. Use metrics where possible to demonstrate how you’ve improved processes or strengthened financial controls in previous positions.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Edenbrook
✨Know Your Financial Controls Inside Out
Make sure you brush up on your knowledge of financial controls and governance. Be ready to discuss specific frameworks you've worked with, like risk and control matrices or reconciliation processes. This will show that you understand the core of what the role entails.
✨Prepare Real-Life Examples
Think of concrete examples from your past experience where you've successfully improved financial controls or enhanced balance sheet governance. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewer to see your impact.
✨Familiarise Yourself with Relevant Tools
If you've worked with ERP systems like SAP or Oracle, be prepared to discuss how you've used these tools to enhance financial reporting controls. If you're not familiar with them, do a bit of research to understand their functionalities and how they relate to the role.
✨Showcase Your Stakeholder Management Skills
This role requires excellent stakeholder management, so think about times when you've successfully collaborated with different teams. Be ready to explain how you navigated challenges and ensured everyone was aligned on project goals.
