Financial Controller - Hybrid (2 days in Hertfordshire HQ) - c£100K + bens - UK Insurance Broking experience required
Ambitious growth plans demand our client hires a highly skilled and detail-oriented Financial Controller to oversee the financial operations of this growing insurance firm as they continue to scale. This newly created role is responsible for managing all elements of: financial reporting, regulatory compliance, month-end close, and budgeting processes while ensuring accuracy and efficiency in financial controls. The ideal candidate will have a strong background in corporate accounting, specifically within the insurance (broking) sector and comprehensive knowledge of UK financial regulations.
Key Responsibilities:
- Oversee the financial reporting process, ensuring compliance with UK/US GAAP and IFRS.
- Manage the month-end and year-end close processes, including reconciliations, accruals, and financial statement preparation.
- Supervise current team of one direct report and scale the organisation over time consistent with the needs of the business.
- Assist corporate team with periodic budgeting, forecasting, and variance analysis to support strategic financial planning.
- Supervise accounts payable, accounts receivable, and general ledger activities, ensuring accuracy and efficiency.
- Maintain and improve internal financial controls to mitigate risks and enhance operational efficiency.
- Manage bank reconciliations and ensure accurate reporting of cash positions.
- Support audit preparation and liaise with external auditors, tax advisors, and regulatory bodies.
- Implement and improve financial systems and processes to streamline reporting and operational efficiencies.
- Provide financial insights and strategic recommendations to senior leadership.
Qualifications & Requirements:
- ACA, ACCA, or CIMA qualification required.
- Minimum 5+ years of experience in corporate accounting within the insurance services sector (broking side).
- Strong knowledge of UK GAAP, IFRS, and FCA financial regulations.
- Experience with insurance brokerage accounting practices, including premium accounting.
- Proficiency in accounting software (e.g. Oracle, QuickBooks) and advanced Excel skills.
- Strong analytical, problem-solving, and communication skills.
- Ability to work independently, manage multiple priorities, and meet strict deadlines.