At a Glance
- Tasks: Oversee financial reporting, budgeting, and internal controls for a global insurance group.
- Company: High-profile global insurance group with a strong reputation.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for professional growth.
- Why this job: Join a leading insurer and make a significant impact on financial strategy.
- Qualifications: Qualified accountant with 7+ years of experience, preferably in insurance.
The predicted salary is between 80000 - 100000 £ per year.
Woodland Partners are delighted to be working exclusively with this high profile global Insurance Group in the search for their new Financial Controller. Reporting into the CFO, the role oversees the accounting function including all group statutory reporting under IFRS, reporting to a US parent, monthly management reporting, budgeting, forecasting, design and implementation of accounting policies, and management of the internal control function.
Specific areas of responsibility include:
- Actively oversee the financial reporting of the Group’s entities and effectively report to senior internal and external stakeholders.
- Maintain and enhance the internal control environment with regards to Group reporting activities and the broader financial control framework.
- Responsible for establishing documentation and self-assessment protocols.
- Responsible for managing & effectively liaising with the Group auditors and assist with audit queries during the year end period and reporting on efficacy to the audit committee.
- Oversight of the alignment of IFRS accounting policies that most closely align to US GAAP, purchase accounting, technical accounting research (revenue recognition, purchase accounting, shared-based payments).
- Partner with the Underwriting/ Operations / Claims department to produce relevant MI data to facilitate strategic decision making.
- Direct all aspects of financial planning, budgeting, forecasting, and strategic finance across multiple product lines, regions and entities.
- Oversight of transactional accounting including payroll, premium accounting function, and other day to day transactional accounting.
The successful candidate should have the following skills & experience:
- Post 7 years fully qualified accountant (ACA/CIMA/ACCA) ideally from a Big 4 audit Firm.
- Strong audit, technical and financial reporting knowledge within the insurance/ re(insurance) sector.
- Ability to constructively challenge and analyse results.
- Hands on approach and a keen eye for detail.
- Strong control mindset and experience.
- Good ability to learn accounting and operating systems is crucial, but specific knowledge of those systems is not a prerequisite.
Financial Controller - Global Insurer employer: Woodland Partners
Join a dynamic and rapidly expanding insurer that values innovation and growth, offering a unique opportunity for the Insurance Financial Controller role. With a strong emphasis on employee development, you will benefit from a collaborative work culture, competitive equity participation, and the chance to play a pivotal role in shaping financial strategies across multiple entities. This position not only promises meaningful work but also provides a clear path to CFO, making it an excellent choice for ambitious professionals seeking rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Controller - Global Insurer
✨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 a lead on that Financial Controller role!
✨Tip Number 2
Prepare for interviews by brushing up on IFRS and US GAAP standards. Be ready to discuss how you’ve managed financial reporting and internal controls in past roles. Show them you’re not just a numbers person, but a strategic thinker too!
✨Tip Number 3
Don’t forget to showcase your soft skills! Being able to communicate effectively with senior stakeholders and auditors is key. Think of examples where you’ve successfully navigated complex discussions or resolved conflicts.
✨Tip Number 4
Apply through our website! We make it easy for you to find and apply for roles that match your skills. Plus, it shows you’re serious about joining our team. Let’s get you that Financial Controller position!
We think you need these skills to ace Financial Controller - Global Insurer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Controller role. Highlight your experience in financial reporting, budgeting, and IFRS compliance. We want to see how your skills align 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 role. Mention specific experiences that relate to managing internal controls and liaising with auditors, as these are key aspects of the job.
Showcase Your Technical Skills:Don’t forget to highlight your technical accounting knowledge, especially if you have experience with US GAAP and IFRS. We’re keen on candidates who can constructively challenge results and have a strong control mindset.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates from us!
How to prepare for a job interview at Woodland Partners
✨Know Your Numbers
As a Financial Controller, you'll need to demonstrate your expertise in financial reporting and analysis. Brush up on IFRS and US GAAP standards, and be ready to discuss how you've applied these in previous roles. Prepare specific examples of your experience with budgeting, forecasting, and managing internal controls.
✨Showcase Your Audit Experience
Since the role involves liaising with auditors, it's crucial to highlight your audit experience. Be prepared to discuss how you've managed audit queries and your approach to maintaining an effective internal control environment. Think of instances where you’ve successfully navigated challenges during audits.
✨Collaborate and Communicate
This position requires working closely with various departments. Prepare to talk about how you've partnered with teams like Underwriting or Operations to produce management information. Highlight your communication skills and how you ensure that financial data supports strategic decision-making.
✨Demonstrate a Strong Control Mindset
The company is looking for someone with a keen eye for detail and a strong control mindset. Be ready to discuss how you've implemented accounting policies and enhanced internal controls in your previous roles. Share examples that showcase your proactive approach to risk management and compliance.
