At a Glance
- Tasks: Lead a team to deliver management accounts and financial reporting for an international insurance group.
- Company: Join a dynamic international insurance group with a strong focus on finance.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Make a significant impact in finance while working in a collaborative environment.
- Qualifications: Qualified Accountant with experience in the insurance sector and strong management accounting skills.
- Other info: Exciting opportunity to work with a centralised team and enhance your finance career.
The predicted salary is between 43200 - 72000 £ per year.
We have been instructed by an International Insurance Group who are seeking to hire a proven Finance Manager to lead a centralised team of 5 FTEs (Part-Qualified and Qualified) which is responsible for the delivery of Management Accounts and Financial/Statutory/Regulatory Reporting.
Principal Responsibilities:
- Oversee the monthly production of management accounts of designated profit centres.
- Ensure balance sheets are reconciled with full supporting schedules.
- Monthly reconciliation of payroll postings to the General Ledger.
- Support the annual budgeting process and quarterly forecasting process.
- Produce annual Statutory Accounts and manage the deliverables for the year-end Audit.
- Produce FCA RMAR and Financial Resilience returns on a quarterly basis.
- Produce the monthly SOX submission.
- Review Client Money Calculations.
Candidate Specification:
- Qualified Accountant
- Previous experience of working in the Insurance sector.
- Strong management accounting background as well as experience of FCA Client Money/CASS5 rules.
- Experience of Acturis or Open GI.
UK Finance Manager in Chelmsford employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land UK Finance Manager in Chelmsford
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss management accounts, FCA regulations, and budgeting processes. We want you to shine when they ask about your experience with financial reporting and audits!
✨Tip Number 3
Showcase your leadership skills! As a Finance Manager, you’ll be leading a team, so be ready to share examples of how you’ve successfully managed teams in the past. We want to hear about your approach to mentoring and developing talent within your team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals like you to join our community. Let’s make this happen together!
We think you need these skills to ace UK Finance Manager in Chelmsford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your experience in management accounting and any relevant work in the insurance sector. We want to see how your skills match what we're looking for!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you’ve successfully managed accounts or improved processes in previous roles. This helps us see the impact you've made.
Be Clear and Concise: When writing your application, keep it clear and concise. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication that gets to the point without fluff!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at IPS Group
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your expertise in management accounts and financial reporting. Brush up on key metrics and be ready to discuss how you've successfully overseen monthly production of management accounts in your previous roles.
✨Familiarise with FCA Regulations
Since the role involves producing FCA RMAR and Financial Resilience returns, make sure you understand these regulations inside out. Be prepared to share examples of how you've navigated compliance in past positions, especially regarding Client Money/CASS5 rules.
✨Showcase Your Leadership Skills
You'll be leading a team of 5 FTEs, so it's crucial to highlight your management experience. Think of specific instances where you've motivated your team or improved processes, and be ready to discuss your approach to team dynamics and performance management.
✨Prepare for Technical Questions
Expect technical questions related to balance sheet reconciliations and payroll postings. Review your knowledge of accounting principles and be ready to explain your methodology for ensuring accuracy in financial reporting and audits.