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Group Manager - Financial Reporting

Employer
Eames Consulting
Location
UK
Salary
Competitive
Closing date
8 Dec 2021

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Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
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About the role

Looking for a Finance and accounting professional with at least 5+ years of experience in Insurance accounting, to take ownership of a range of operational tasks supporting the finance function.

This role would entail close collaboration with the Finance Ops, Client Insurance Ops, finance, treasury, external reporting system providers and various other internal and external stakeholders.

The following are the key activities of the role:
  1. Manage all month-end activities as per the calendar and coordinate with respective onshore and offshore team members
  2. Review of all reconciliations and journal postings for accurate and timely submission
  3. Build robust controls mechanism and review process for all processes in offshore team
  4. Preparation of Management accounts, GAAP and Statutory reporting of Financial statements to meet external requirements
  5. Maintain Finance Datamart and coordinate with Insurance and Re-insurance teams to receive accurate and timely data for reporting
  6. Coordinate with Actuarial team and provide data for Reserve calculations and for Solvency reporting
  7. Assist wider Finance department on strategic and tactical projects as required
  8. Review, interact and train offshore resources in India and help to retain and build knowledge through documentation and knowledge sharing
  9. Work closely with client Financial Controller to deliver client priorities


Requirements

A strong attention to detail and ability to contribute actively across the finance operations landscape is an important attribute for this role. The successful candidate should have broad knowledge on Insurance and Re-insurance accounting, be familiar with US/ UK GAAP requirements and confident in interacting with senior stakeholders internally & externally.

In addition, the ideal candidate would have:

- An qualified accountant (ACA/ ACCA/ CIMA) or relevant accounting qualification

- 5+ years' experience in Insurance industry in London Market P&C and Speciality

- Strong Insurance and Re-insurance technical accounting knowledge

- Knowledge of US/ UK GAAP and Statutory reporting requirements

- Good MS Excel skills and spreadsheet management

- Highly motivated self-start with strong integrity

- Good communication skills

- Fluent in English

- Ability to demonstrate pragmatism and firm judgment
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