At a Glance
- Tasks: Lead financial processes and reporting to support our innovative tech-driven insurance platform.
- Company: Join InsurX, a pioneering tech company transforming the insurance industry.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Collaborative culture focused on innovation and continuous improvement.
- Why this job: Be part of a revolutionary team changing the insurance landscape with cutting-edge technology.
- Qualifications: ACA/ACCA/CIMA qualified with 2+ years in financial accounting and tech experience.
The predicted salary is between 56700 - 69300 £ per year.
Insur X are on a mission to build the technology that connects any broker and any insurer so they can exchange risk without friction.
After our first partners signed up in late 2022, 27 broking houses and 22 insurers have now traded over $150m in premium using our technology.
We’re targeting $1B of premium traded using our technology by the end of 2027.
The insurance market is ripe for change and rapidly digitalising - this isn’t just our opinion, it’s the market’s consensus.
The insurance industry is like investment banking in the late '70s: it’s about to go through its own "Big Bang".
Insur X is leading the charge.
We’re making a success of it by we’ve assembling a stellar team of diverse talent, uniting technology expertise with deep knowledge of the insurance business.
Our team is united by intellectual curiosity and a determination to change insurance for the better.
The Role
We're looking for a Financial Controller to ensure accurate reporting of our numbers and help us scale our financial operations to support a growing business, ultimately to drive better decision making.
This is a full-time, in-house position.
What you'll do
- Develop, implement and improve strong financial processes, controls and policies that can scale with the business using AI and other automation tools
- Manage the month-end close process, balance sheet reconciliations, month-end journals and consolidation (across several subsidiaries)
- Manage external accountants and advisors, and liaise with HMRC
- Own the monthly management information reporting including P&L, balance sheet and cash flow
- Run our revenue recognition, cash collection and partner payments process alongside our Data Science and Revenue Operations teams
- Manage and process quarterly VAT returns, monthly payroll and the year-end statutory accounts process
- Ensure compliance with HMRC, Companies House and German entity filing requirements
- Lead our technical accounting alongside advisors on topics like revenue recognition, share-based payments, and consolidation
- Continue to improve reporting and insights that Finance provide the rest of the business
What we're looking for
- You are ACA/ACCA/CIMA qualified or equivalent [Mandatory]
- You have a minimum of 2 years of experience in financial accounting, controlling and reporting within a fast-growing tech company
- You have worked as an auditor or have been closely involved in financial audits [Mandatory]
- You have experience with an accounting software program (ideally Xero)
- You have used AI to build and improve new and existing finance operations processes to either improve output quality or speed up delivery
- You are comfortable working with large sets of data in Excel
- You have experience with consolidations, intercompany eliminations and foreign exchange
- You're a self-starter who is not afraid to challenge the status quo or find new ways of doing things
- You're data-driven with a high attention to detail and are comfortable with working in a constantly changing environment
- You're a team player with a positive attitude, even when facing big challenges / obstacles
- You're not afraid of stepping out of your comfort zone and enjoy partnering with the business to drive accountability and better decision making
- Nice to have
- You're at ease with technical accounting topics, analysis and bringing a company's financials in line with UK GAAP / IFRS
- You have experience in the insurance industry
- #J-18808-Ljbffr
Financial Controller Featured Office: London employer: InsurX Limited
InsurX Limited is an attractive employer due to its commitment to innovation and professional growth. The company fosters a collaborative work culture where employees can thrive and contribute to significant changes in the insurance industry. With a focus on technology and diverse talent, InsurX provides unique opportunities for career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Controller Featured Office: London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like InsurX Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Controller Featured Office: London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to InsurX Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on InsurX Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at InsurX Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with InsurX Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at InsurX Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former InsurX Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
