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 - 75000 £ 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 Slough 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 Slough
✨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 friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial controls and governance. We recommend practising common interview questions related to balance sheet management and control frameworks to show you mean business.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for roles that fit your skills in financial accounting and controls – we’ve got some great opportunities waiting for you!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for enhancing their financial controls.
We think you need these skills to ace Financial Controls Framework Enhancement & Balance Sheet Governance Project (FTC) in Slough
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience in financial controls and governance, and don’t forget to mention any relevant qualifications like ACA or ACCA. We want to see how you fit into our vision!
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. Share specific examples of how you've improved financial control environments in the past. We love a good story that showcases your skills!
Showcase Relevant Experience:When detailing your work history, focus on roles where you’ve enhanced balance sheet governance or delivered control testing programmes. We’re looking for evidence of your ability to drive improvements, so make it clear how you’ve made an impact!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come in directly!
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 control registers. This will show that you understand the nuances of the role and can hit the ground running.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to demonstrate how you've handled control deficiencies or improved financial reporting processes in the past. Think of concrete examples where you’ve implemented remediation plans or enhanced month-end close governance. This will help you showcase your problem-solving skills.
✨Familiarise Yourself with Relevant ERP Systems
Since experience with ERP systems like SAP or Oracle is crucial, make sure you’re comfortable discussing your experience with these tools. If you’ve used them to improve financial controls or streamline processes, be prepared to share those stories during the interview.
✨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 communicated complex financial concepts to non-financial stakeholders, as this will highlight your ability to bridge gaps and drive initiatives forward.
