At a Glance
- Tasks: Enhance financial controls and governance while improving finance processes.
- Company: Leading London Market insurer focused on finance transformation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to lead transformative initiatives in a collaborative team.
- 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 54000 - 66000 £ 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
- Required Experience
- 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 Net Suite.
- Demonstrated ability to lead process improvement and finance transformation initiatives.
- Excellent stakeholder management, documentation, and project delivery skills.
- #J-18808-Ljbffr
Financial Controls Framework Enhancement & Balance Sheet Governance Project (FTC) 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 Financial Controls Framework Enhancement & Balance Sheet Governance Project (FTC) in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Edenbrook.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Edenbrook might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Financial Controls Framework Enhancement & Balance Sheet Governance Project (FTC) in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Edenbrook will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Edenbrook. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Edenbrook confidence in your short-term commitment to the role.
How to prepare for a job interview at Edenbrook
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Edenbrook.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Edenbrook that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
