At a Glance
- Tasks: Lead external reporting and ensure high-quality financial statements and compliance.
- Company: International insurance business with a focus on governance and regulatory excellence.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Join a high-performing team and drive continuous improvement in reporting processes.
- Why this job: Make a significant impact in financial reporting and governance at a leading firm.
- Qualifications: ACA/CA qualified with 5+ years of experience in financial reporting.
The predicted salary is between 80000 - 100000 £ per year.
HFG are currently working with an international insurance business who are looking for a
Head of External Reporting to lead their external reporting function and play a key role in delivering high-quality financial reporting, governance, and regulatory compliance across the Group.
Key Responsibilities
- Lead the preparation and delivery of the Group's statutory financial statements in accordance with IFRS and applicable regulatory requirements.
- Oversee all external financial reporting, ensuring accuracy, quality, and timely delivery.
- Manage the year-end and interim reporting processes, coordinating with internal teams and external advisers.
- Lead the relationship with external auditors and manage the annual audit process.
- Ensure compliance with all relevant accounting standards, regulatory requirements, and governance expectations.
- Monitor changes in accounting standards and assess their impact on the business.
- Lead, coach, and develop a high-performing external reporting team.
- Partner closely with Finance, Tax, Treasury, Risk, and other senior stakeholders across the business.
- Drive continuous improvement across reporting processes, controls, and systems.
- Support strategic projects, acquisitions, and wider finance transformation initiatives.
Experience required
- Knowledge of financial reporting requirements, and GAAP and Statutory Accounting Principles
- ACA/CA qualified, ideally big four trained
- 5 minimum PQE
- Previous experience working an London market insurer
- #J-18808-Ljbffr
Head of External Reporting employer: HFG
HFG is an exceptional employer that values its employees by offering a dynamic work culture and flexible hybrid working patterns, allowing for a healthy work-life balance. With a strong focus on professional development, employees are encouraged to grow their skills and advance their careers within the global insurance sector, making it a rewarding place to work for those seeking meaningful contributions in internal auditing.
StudySmarter Expert Advice🤫
We think this is how you could land Head of External Reporting
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like HFG). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like HFG. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Head of External Reporting
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at HFG.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HFG. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at HFG
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HFG to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at HFG, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding HFG's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
