Financial Controller

Nova Search & Selection
London (Greater)
04 Nov 2017
16 Nov 2017
Contract Type
Full Time

Financial Controller, City of London, £60,000

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 a Financial Controller, these skills are essential:

Producing accounts to deadlines

Financial modelling

Purchase ledger management

System/process enhancement


SME environment

Insurance and or handling Client Money

Professional Qualifications and Education


Qualified and Chartered Accountant

Advanced Excel

Sage or similar accounts package


Degree qualified

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

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