At a Glance
- Tasks: Lead financial controllership activities and manage month-end close for the RIS UK.
- Company: Join Marsh, a global leader in risk and insurance services.
- Benefits: Enjoy professional development, flexible hybrid work, and a vibrant inclusive culture.
- Other info: Collaborate with talented colleagues and explore diverse career opportunities.
- Why this job: Make an impact in a dynamic environment while developing your leadership skills.
- Qualifications: Qualified Accountant with significant finance controllership experience, preferably in insurance.
The predicted salary is between 70000 - 90000 £ per year.
We are seeking a talented individual to join our Controllership team at Marsh. This role will be based in London and is a hybrid role that requires working at least three days a week in the office.
The UK Controller - Risk Insurance Services (RIS) is responsible for a wide range of controllership activities for the RIS UK, including the co-ordination and management of the month-end close, project-related activities, integration of acquisitions, and support of financial analysis to aid decision making. They ensure a strong control environment with the implementation, design, and ongoing monitoring of all controls.
You will be supported by a small team of 4 direct reports and will be responsible for the preparation and management of all controller operations within RIS UK. This is a leadership role that provides oversight of US and Local GAAP reporting, coupled with local statutory and regulatory reporting for the business area, covering all relevant Operating Companies and Holding Company structures. The role is responsible for ensuring that the company's internal controls and financial compliance responsibilities are met.
We will count on you to:
- Ensure that financial results for local legal entities are accurate.
- Oversee and be responsible for the preparation of all monthly, quarterly, and annual financial reporting activities in accordance with US GAAP.
- Provide insightful analysis to support accounting judgments and business decisions.
- Support the implementation of new accounting standards in line with Group plans.
- Manage the application of accounting policies and preparation of papers to support financial accounting decisions.
- Provide guidance on the basis of preparation for local Statutory Accounts.
- Manage key stakeholders who rely on the finance processes and reported numbers.
- Ensure that key stakeholders such as FP&A are aware of any changes to processes or accounting policy and communicate the impact of any change or finding.
- Manage the external auditor relationship, including liaison in relation to audit timetable, deliverables to Audit Committee, fees, and accounting issues; sign quarterly management representation letter; attend Risk and Audit Committees as required.
- Ensure that all Sarbanes-Oxley (SOX) control issues are reported and remediated on a timely basis and that the business operates in a SOX compliant manner.
- Ensure the integrity of financial controls across RIS functions and ensure sound controls operate around the financial result.
- Ensure that authority matrices for transactions are appropriate, understood, and followed.
- Ensure that the Balance Sheet is reviewed and fairly stated on at least a quarter-end basis and that those provision judgments also have the approval of local management.
- Provide strong proactive management for the team including development and mentoring.
- Support wider team initiatives.
- Provide assistance to Regional Management / Boards on local projects and regulatory and statutory / tax responsibilities.
- Provide assistance with project-based work, including system implementations, business projects, entity projects, control projects, and execution of global / regional strategies.
- Assist Country and Regional Management on due diligence reviews in respect of potential acquisitions and with understanding the accounting consequences of major projects.
What you need to have:
- Qualified Accountant preferably ACA; ACCA or ACMA or similar.
- Bachelor's degree in finance, accounting, economics or similar discipline required.
- Significant experience in finance controllership with a substantial number of years of management responsibilities, ideally from within the insurance sector, particularly broking or underwriting.
- Ability to provide and oversee financial information for the region functions and infrastructure including firm-wide initiatives.
- Ability to lead and drive change within a transforming and matrixed organization and to streamline and standardize financial activities and procedures to improve efficiency.
- Understanding of Oracle Financials: GL and Hyperion Essbase.
What makes you stand out?
- Knowledge of the Fiduciary environment is a plus.
Why join our team:
- We help you be your best through professional development opportunities, interesting work, and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh is committed to embracing a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin colour, or any other characteristic protected by applicable law. We are an equal opportunities employer.
We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.
UK Controller - Risk Insurance Services (RIS) in London employer: The Virginia Society of CPAs
Marsh is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture in the heart of London. With a commitment to employee growth and a supportive leadership team, you will have the opportunity to work on impactful projects while enjoying the benefits of a hybrid work model that promotes flexibility and collaboration. Join us to be part of a global leader in risk management, where your contributions will make a difference for colleagues, clients, and communities alike.
Contact Details:
The Virginia Society of CPAs Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land UK Controller - Risk Insurance Services (RIS) in London
✨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 introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Marsh and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your financial analysis skills! Be ready to discuss how you've used data to drive decisions in past roles. Bring examples of your work that demonstrate your ability to manage financial reporting and compliance effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Marsh. Let’s get you that interview!
We think you need these skills to ace UK Controller - Risk Insurance Services (RIS) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of UK Controller - Risk Insurance Services. Highlight your experience in finance controllership and any relevant qualifications like ACA, ACCA, or ACMA. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this leadership role. Share specific examples of how you've managed financial reporting and compliance in the past, and don’t forget to mention your experience with Oracle Financials if you have it.
Showcase Your Leadership Skills:Since this is a leadership position, make sure to highlight your management experience. Talk about how you've developed and mentored teams in previous roles. We love seeing candidates who can inspire and lead others effectively!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re genuinely interested in joining our team at Marsh!
How to prepare for a job interview at The Virginia Society of CPAs
✨Know Your Numbers
As a UK Controller, you'll be dealing with financial results and reporting. Brush up on your knowledge of US GAAP and local statutory requirements. Be ready to discuss how you've ensured accuracy in financial reporting in your previous roles.
✨Showcase Your Leadership Skills
This role involves managing a small team, so highlight your leadership experience. Prepare examples of how you've developed and mentored team members, and how you've driven change in a previous organisation.
✨Understand the Business
Familiarise yourself with Marsh's operations and the insurance sector. Be prepared to discuss how your financial insights can support business decisions and improve efficiency within the organisation.
✨Prepare for Stakeholder Management
You'll need to manage key stakeholders and external auditors. Think of examples where you've successfully communicated changes in processes or accounting policies, and how you handled any challenges that arose during audits.