Financial Controller ref:AL22

Nova Search and Selection
United Kingdom
From £60,000 to £60,000 per annum
30 Sep 2017
03 Nov 2017
Contract Type
Full Time
Financial Controller, City of London, c£60,000 p.a.

This privately owned commercial insurance broker is one of the top 25 independent insurance brokers in the UK. They have ambitious growth plans, and are now seeking a proven, qualified accountant to manage the Group’s finances, its regulatory obligations and the flow of information to both management and stakeholders. The position reports to and works closely with the Finance Director.


·The Financial Controller will be responsible to the Finance Director for all matters relating to management, regulatory and statutory accounting.

·Management of financial ledgers

·Responsible for the management of the Purchase Ledger Controller

·To assist the Finance Director with preparation and reporting of annual budgets


·The Financial Controller will assist with the preparation of group annual budgets, forecasts and cash flows. Ensure Budgets delivered to timetable with operational ownership.

·Prepare monthly packs incorporating consolidated management accounts, variance reporting and bank covenant forecasts. Create Monthly reporting routine established free of FD dependence

·Preparation and submission of monthly VAT returns

·You will have experience as a Financial Controller in the preparation of group annual budgets, forecasts and cash flows. Enhance/develop the forecast model.

·Deliver audited financial statements for the Group and its subsidiaries.

·Manage cashflow and payment runs

·Preparation of audit work papers and liaising with external advisors on the annual audit

·As the Financial Controller, you will manage client money regulation compliance and quarterly FCA returns. Manage clockwork RMAR reporting and audit free of FD dependence.

·Develop and maintain controls over payments and balances due. Ensure that accounting controls fully established and documented

·Oversee payroll and benefits processing, and HMRC compliance

·Implement accounting systems and develop departmental reporting initially focusing on purchases, expenses and payments processing

·Oversee and integrate new acquisition accounting and create reports and controls


·Honesty/integrity - does not cut corners ethically. Earns trust and maintains confidences. Does what is right, not just what is politically expedient. Speaks plainly and truthfully.

·Organization and planning - Plans, organizes, schedules, and budgets in an efficient, productive manner. Focuses on key priorities.

·Analytical skills - able to structure and process qualitative or quantitative data and draw insightful conclusions from it. Exhibits a probing mind and achieves penetrating insights.

·Attention to detail - does not let important details slip through the cracks or derail a project.

·Efficiency - able to produce significant output with minimal wasted effort.


As Financial Controller, these skills are essential:

·Producing accounts to deadlines

·Financial modelling

·Purchase ledger management

·System/process enhancement


SME environmentInsurance and or handling Client MoneyProfessional Qualifications and Education


·Qualified and Chartered Accountant

Advanced ExcelSage or similar accounts packageDesirable:

Degree qualified

Nova Search & Selection operates as an employment agency for this vacancy.

This job was originally posted as