At a Glance
- Tasks: Lead month-end and quarter-end closes, regulatory reporting, and finance system implementation.
- Company: Join a successful General Insurer in the heart of London.
- Benefits: Enjoy a competitive salary, 10% bonus, pension, and 25 days holiday with hybrid work options.
- Why this job: Be part of a high-caliber team and make a real impact in finance.
- Qualifications: Qualified accountant preferred; strong group finance and IFRS experience required.
- Other info: Work hybrid with just 8 office days per month.
The predicted salary is between 72000 - 108000 £ per year.
Group Finance Manager City of London/ Hybrid £90,000 + Benefits Grafton Banks Finance us working with a successful General Insurer to recruit their new Group Finance Manager. Working as part of a high calibre group finance team this role will be responsible for completing the month end, quarter end, and annual group close, regulatory reporting, and will be an SME for the new group finance system implementation. We are looking for a qualified accountant, ideally ACA trained in practice, although not essential. Strong group finance and consolidations skills gained in a large business are essential, as is IFRS experience. Experience in the insurance industry and exposure to IFRS 17 and Solvency II would be an advantage. This role is hybrid working with 8 days per month expected in the offices. Salary is circa £90,000 + benefits including 10% bonus, pension, and 25 days holiday. Key tasks: Preparation and submission of quarter-end Group consolidated results under IFRS 17. Manage month end, quarter end and annual Group close. Monitoring the monthly reinsurance bookings and preparation quarterly reinsurance statements, working closing with UK and European finance teams. Preparing Group SII own funds and SCR reporting. Providing design and implementation support to Finance change / cross functional Change Projects and other queries. Specifically, the new financial systems project, including new “the one” Chart of Accounts and system set up. We are looking for someone with first class communication skills who is at ease working with stakeholders across the business, strong Excel skills are essential, and experience of working on finance systems implementations would be useful.
Group Finance Manager employer: Grafton Banks Finance Ltd
Contact Detail:
Grafton Banks Finance Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Finance Manager
✨Tip Number 1
Familiarize yourself with IFRS 17 and Solvency II regulations. Understanding these frameworks will not only enhance your knowledge but also demonstrate your commitment to the role during discussions with our team.
✨Tip Number 2
Highlight your experience with financial systems implementations in your conversations. We value candidates who can contribute to our new financial systems project, so showcasing relevant past projects will set you apart.
✨Tip Number 3
Prepare to discuss your experience in managing group finance and consolidations. Be ready to share specific examples of how you've successfully navigated month-end and quarter-end processes in large organizations.
✨Tip Number 4
Demonstrate your strong communication skills by engaging with various stakeholders. We appreciate candidates who can effectively collaborate across teams, so think of ways to illustrate your ability to build relationships in your discussions.
We think you need these skills to ace Group Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in group finance and consolidations, especially in large businesses. Emphasize your qualifications, such as being ACA trained, and any relevant IFRS experience.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your experience with month-end and quarter-end processes, and how you can contribute to the new financial systems project.
Highlight Relevant Skills: Clearly outline your strong Excel skills and any experience you have with finance systems implementations. If you have worked in the insurance industry or have knowledge of IFRS 17 and Solvency II, make sure to include that.
Showcase Communication Abilities: Since the role requires strong communication skills, provide examples in your application of how you've effectively collaborated with stakeholders in previous positions. This will demonstrate your ability to work across the business.
How to prepare for a job interview at Grafton Banks Finance Ltd
✨Showcase Your Technical Skills
Make sure to highlight your strong group finance and consolidation skills during the interview. Be prepared to discuss your experience with IFRS, especially IFRS 17 and Solvency II, as these are crucial for the role.
✨Demonstrate Your Communication Abilities
Since this role requires working closely with various stakeholders, emphasize your first-class communication skills. Share examples of how you've effectively collaborated with teams in previous positions.
✨Prepare for System Implementation Questions
Given the focus on the new financial systems project, be ready to discuss any past experiences you have with finance systems implementations. Highlight your problem-solving skills and adaptability in such projects.
✨Understand the Company and Industry
Research the company and the insurance industry thoroughly. Being knowledgeable about their operations and challenges will show your genuine interest and help you stand out as a candidate.