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, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with a focus on strategic decision-making.
- Why this job: Join a dynamic team and make a significant impact in the insurance sector.
- Qualifications: Post 7 years qualified accountant with strong audit and financial reporting skills.
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 in London 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 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 the company and its financial practices. Understand their reporting structure and any recent news. This will help you tailor your answers and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to financial reporting and internal controls. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your experience effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform.
We think you need these skills to ace Financial Controller - Global Insurer in London
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 the job description is asking 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 the responsibilities listed, like managing audits or enhancing internal controls.
Showcase Your Technical Skills:Don’t forget to highlight your technical skills, especially if you have experience with US GAAP and IFRS. We’re looking for someone who can constructively challenge results and has a strong control mindset, so make sure to mention relevant examples!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves. Good luck!
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 key financial metrics and be ready to discuss how you've used them in past roles. This shows you’re not just familiar with the numbers but can also interpret and leverage them for strategic decision-making.
✨Understand IFRS and US GAAP
Given the role's focus on aligning IFRS with US GAAP, make sure you’re well-versed in both accounting standards. Prepare to discuss specific examples of how you've navigated these frameworks in previous positions, especially in relation to financial reporting and compliance.
✨Showcase Your Leadership Skills
This position involves overseeing the accounting function and liaising with various departments. Be prepared to share examples of how you've led teams or projects, particularly in high-pressure situations. Highlight your ability to communicate effectively with senior stakeholders and auditors.
✨Prepare for Technical Questions
Expect to face technical questions related to financial controls, budgeting, and forecasting. Review common scenarios that might arise in the insurance sector and think about how you would approach them. This will help you demonstrate your problem-solving skills and technical knowledge during the interview.
