Director of Financial Reporting

Director of Financial Reporting

London Full-Time 136000 - 168000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a team in delivering financial and regulatory reporting while managing climate initiatives.
  • Company: Join a global FTSE100 Financial Services leader making an impact in the industry.
  • Benefits: Enjoy a competitive salary, hybrid work options, and a generous bonus package.
  • Why this job: Be at the forefront of finance change and sustainability in a dynamic environment.
  • Qualifications: Experience in financial services, external reporting, and leadership is essential.
  • Other info: Opportunity to influence major finance programs and collaborate with top executives.

The predicted salary is between 136000 - 168000 £ per year.

DIRECTOR OF FINANCIAL REPORTING

Are you ready to apply Make sure you understand all the responsibilities and tasks associated with this role before proceeding.

  • Essential: Insurance + Financial Reporting leadership + Team & Exec management
  • £150,000 – £175,000 + package (incl. bonus, pension etc.)
  • London offices, hybrid WFH 3-4 days

Pear Talent is representing a rapidly growing VC-backed Insurer who have an excellent new opportunity for a Director of Financial Reporting. Reporting to the CFO, you’ll lead a substantial team delivering all key financial, regulatory and management reporting. This person will also lead and drive the enhancement of the function (eg. reporting process and controls improvements), as well as lead the review, selection and implementation of best-in-class technology. You\’ll manage a a team of x20 with heads of departments reporting into you, as well as regularly partnering with Exec/Board/NED stakeholders and both attending and presenting at Audit Committees etc.

Key accountabilities:

  • Lead the delivery of all financial (IFRS) and regulatory (Solvency II) reporting, ensuring consistency between the figures and the messages included in the Annual Report
  • Lead the improvement of financial reporting processes and risk and controls, ensuring a robust environment
  • Significant interaction with CFO/ExCo stakeholders internally, as well as managing the external audit relationship.
  • Contribute to the financial insight provided to investors and support any additional activities (eg. further funding) or ad-hoc requests
  • Actively challenge the status-quo of Finance processes and systems, exploring and delivering improvements.
  • Oversee the production of papers for various Board, Audit Committee meetings, attending and presenting at such.
  • Develop and maintain relationships with key internal/external stakeholders, building upon strong existing working relationships.
  • Ensure that the appropriate Finance MI, process, and systems are in place to provide support to the business
  • Lead mentor and develop the team.

Required experience:

  • Qualified accountant (ACA / ACCA or equivalent) with significant post-qualified experience gained in Insurance
  • Proven track record of managing complex financial (IFRS) and regulatory (SII) reporting processes
  • Experience of improving financial reporting processes and controls
  • Experience of leading and delivering finance change projects, especially technology/systems
  • Prior experience leading significant sized teams, with the ability to develop managers of teams
  • Excellent stakeholder manager adept at building effective relationships at an Exec/Board/NED level
  • Strong presentation skills and people skills, good influence

If this isn’t for you but you know someone who’d be interested, then why not confidentially recommend them by clicking here http://peartalent.co.uk/spread-the-word/. We have a fantastic referral scheme up to £1,000*.

Director of Financial Reporting employer: Pear Talent - Finance Recruitment

Join a prestigious FTSE100 Financial Services firm in the heart of the City of London, where you will not only lead a dynamic team but also play a pivotal role in shaping the future of financial reporting and climate initiatives. With a competitive salary package that includes a generous bonus and pension scheme, our hybrid work culture promotes flexibility and work-life balance, while offering unparalleled opportunities for professional growth and collaboration with senior stakeholders. Embrace the chance to make a meaningful impact in a forward-thinking environment that values innovation and leadership.
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Contact Detail:

Pear Talent - Finance Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director of Financial Reporting

✨Tip Number 1

Familiarize yourself with the latest IFRS and Solvency II regulations. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to staying updated in the financial reporting landscape.

✨Tip Number 2

Network with professionals in the financial services sector, especially those involved in ESG reporting. Engaging with industry peers can provide insights into current trends and challenges, making you a more informed candidate.

✨Tip Number 3

Prepare to discuss your leadership style and experiences managing large teams. Highlight specific examples where you've successfully led change initiatives or improved financial reporting processes.

✨Tip Number 4

Research the company’s recent financial reports and any public statements regarding their climate initiatives. Being knowledgeable about their goals and challenges will allow you to tailor your discussions and show genuine interest in their mission.

We think you need these skills to ace Director of Financial Reporting

Financial Reporting
IFRS Standards
Solvency II Compliance
ESG Reporting
Leadership Skills
Team Management
Stakeholder Engagement
Change Management
Analytical Skills
Attention to Detail
Communication Skills
Presentation Skills
Regulatory Knowledge
Financial Control Framework
Project Management

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Director of Group Financial Reporting position. Understand the key responsibilities and required skills, such as financial services experience, external reporting, and leadership capabilities.

Tailor Your CV: Customize your CV to highlight relevant experience in financial reporting, team leadership, and change management. Use specific examples that demonstrate your ability to lead large teams and manage complex reporting processes.

Craft a Compelling Cover Letter: Write a cover letter that connects your background with the requirements of the role. Emphasize your experience in IFRS and Solvency II reporting, as well as your involvement in ESG initiatives and finance change programs.

Highlight Leadership Experience: In both your CV and cover letter, make sure to showcase your leadership experience, particularly in managing large teams and collaborating with executive stakeholders. Provide examples of how you've successfully led projects or initiatives in previous roles.

How to prepare for a job interview at Pear Talent - Finance Recruitment

✨Understand Financial Reporting Standards

Make sure you have a solid grasp of IFRS and Solvency II regulations. Be prepared to discuss how you've applied these standards in your previous roles, as this will demonstrate your expertise and readiness for the position.

✨Showcase Leadership Experience

Since you'll be managing a large team, highlight your leadership skills and experiences. Share specific examples of how you've successfully led teams through change or complex projects, and how you foster collaboration among different departments.

✨Prepare for Stakeholder Engagement

You'll be partnering with Exec/Board/NED stakeholders, so practice articulating your thoughts clearly and confidently. Prepare to discuss how you've effectively communicated financial information to non-financial stakeholders in the past.

✨Discuss ESG Initiatives

Given the focus on ESG reporting, be ready to talk about your experience with non-financial reporting and climate initiatives. Share any relevant projects you've led or contributed to, and your vision for integrating sustainability into financial reporting.

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