Syndicate Financial Controller - HFG

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Job Description

The Syndicate Financial Controller manages all aspects of the reporting and accounting for two syndicates. The responsibilities involve controlling the production of GAAP accounts, Lloyds regulatory returns, and external reporting for the Syndicate Management Committees and Audit Committee and maintaining an effective control environment.

This role requires liaison across several divisions of the group to facilitate the timely production of accurate financial information and working in a growing company and in a change-focussed environment.

The key responsibilities will be:

  • Review and recommend for submission all Lloyd's quarterly and annual regulatory returns.
  • Standardization of external reporting; Review/approval of CFO/FD/Finance reports, Audit Committee Financial Reports.
  • Effectively manage the quarterly close process and reporting requirements, and in doing so, manage, execute and dictate process, timetables and deliverables to all stakeholders - internally and externally.
  • Manage the external audit timetable and process across all departments that contribute to the audit client schedule list. Work closely with the FD to manage the syndicate auditors and the resolution of audit issues arising as required.
  • Assist with technical accounting for transactions, including RITCs, and develop Board papers accordingly.
  • Working with the wider syndicate finance teams to develop and streamline reporting processes in a standardised and uniform manner.
  • Driving the development of reporting systems and processes capable of meeting the demands of an evolving business area.
  • Provision of timely high quality management accounting information to all business units using the Syndicates together with extensive business partnering between finance, actuarial, data/MI and claims teams.
  • Own, drive and continuously seek to improve the Syndicates reporting processes.
  • Production of timely, insightful, and strategic financial MI for management and the Board.
  • Ensure appropriate Financial Controls are in place and operating effectively (in line with the Group financial controls framework) and where required, identify, and close any financial control gaps affecting financial reporting, forecasting and out of tolerance financial risks.
  • Develop a suite of financial risk management reports / dashboards covering risk of financial misstatement, liquidity risk, capital risk, credit risk and tax working collaboratively with subject matter experts from other Group teams.
  • Lead, motivate and develop the team including managing their engagement through the embedding of new/improved financial processes.

To be considered for this role you must have an excellent understanding of the Lloyd's regulatory environment as syndicate accounting. Experience at FC level is highly desirable or an experienced Syndicate Finance Manager may be considered.

Location:
London
Category:
Finance And Insurance

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