LISL Deputy Corporate Controller

Overview

Purpose: To oversee the financial operations of the Lancashire Insurance Service Company (“LISL”), ensuring accurate recording of Group expenses and the effective allocation of costs through the service fee process.

Department: Finance • Location: London

Responsibilities:

• Lead the monthly Financial close process for LISL, ensuring timely and accurate results
• Preparation of service fee calculations and journals
• Preparation of IFRS 16 lease entries
• Prepare IFRS 2 expense and payroll tax calculations related to the equity compensation scheme
• Prepare monthly payroll journal
• Review of accruals and prepayments ensuring accuracy with internal policies
• Review of fixed asset entries
• Review of bank reconciliations
• Preparation of management accounts and provide insight as required
• Coordination of accounts payable and personal expenses
• Manage HSBCnet administration for banking and credit card activities
• Monitor cashflow requirements for LISL
• Support the production of the annual G&A budget as required
• Preparation of LISL annual IFRS Financial Statements
• Liaise with auditors and provide required documentation in a timely manner
• Monitor finance policies and procedures to ensure consistent processing and coding of G&A expenses across all entities
• Work with the finance team and other departments to ensure the Concur invoice and expense system is being used in the best possible way
• Manage ad hoc requests, projects and analyses providing timely and accurate conclusions including cross-departmental projects and peer analysis
• Prepare quarterly corporation and deferred tax provision workings for LISL
• Liaise with external advisors on the preparation of the corporation tax computations for LISL
• Prepare the annual “PAYE” settlement agreement return for submission to HMRC

Skills & Requirements:

• Bachelor’s degree and professional accounting qualification (CA, CPA or ACA)
• Minimum 5 years post qualification experience
• Experience of IFRS rules and requirements for compensation accounting and in particular IFRS 2 preferred
• Strong knowledge of Great Plains systems and Concur preferred
• Practical experience with accounting systems and controls essential
• Advanced and proven financial, analytical and organizational skills
• Proficiency in a multi-currency environment
• Excellent written and oral communication skills
• Proficient with the Microsoft Office Suite of applications with advanced skills in Excel
• Ability and willingness to work extended hours as well as weekends as needed.

The Lancashire Way: At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

• Straight-talking: We feel empowered to share thoughts and ideas, because everyone’s voice matters.
• Collaborative: We work together towards common goals, share knowledge and support each other.
• Hard-working: We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
• Responsible: We focus on achieving tangible results with consistent standards across the Group.
• Positive: We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.