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A global insurance business with presence in the London Market are looking for an experienced accountant and team leader for a Service Company Finance Manager vacancy. As the lead member of the Service Company team you will be responsible for overseeing the accurate, timely production of financial reporting for the Service Companies; this includes both Internal Reporting to the Group and Service Company Management, Statutory filings to Companies House and Returns to Regulators.
With growth ambitions in their international branches across the Asia Pac region and Dubai the role will play a key part in partnering with the Asia Pac CEO, Dubai Lead Underwriter and local finance teams. Additionally this role will help lead the design of the operating model for the Service Companies, ensuring the effective and efficient financial control over the service company entities, working with the local finance teams to oversee and guide excellence in financial control.
- Stakeholder management with customers and suppliers related to the syndicate financial reporting process.
- Overall responsibility for the monthly, quarterly and annual reporting cycles for the Service Companies
- Singapore and Dubai Finance liaison lead, providing counsel and financial oversight on all syndicate financial statements
- Preparation of the underlying books and records, including posting transactions, reviewing and assisting with balance sheet reconciliations, managing intercompany processes and cash transaction processes
- Performing key controls in line with UK & Group control standards and Sox requirements
- Supervising and supporting the Service Company team (2 FTE's)
- Statutory Accounts to sign off by external auditors and stakeholders
- Preparation and review of Internal MI and Regulatory Reporting
- Responsible for Monthly, Quarterly and Annual Group Reporting
- Production of financial information ensuring that data produced remains relevant is subject to proper analysis, explanation and control and always reflects the activities of the organisation
The ideal candidate will have a breadth of accounting experience from an insurance business with a good understanding of the maintenance of service companies. You will need to be a qualified accountant (ACA, ACCA, CIMA or equivalent) with a sound understanding of insurance transactions and be an advocate of finance transformation and improvement.
