Finance & Compliance Manager recruitment

Key Tasks and Responsibilities

Management Responsibilities
• Line management and mentoring/coaching responsibility for junior member(s) of the team
Operations
• Daily review of banking entries, premium entries and the suspense reconciliations
• Daily review of all reconciliations, highlighting and addressing any issues arising
• Monthly review of all posted PL entries
• Monthly review of all balance sheet and account reconciliations
• Monthly review of expenses trend analysis
• Management of the finance relationship with key stakeholders, including regulatory bodies
• Ownership of Company’s audit process and responsibility for any issues arising
• Ownership of any issues arising from financial operations and accountability for timely resolution
• Responsibility for accuracy and internal publishing of all financial processes and procedures
• Identification and implementation of process improvements to support robust financial operations
• System reconciliations in respect of dealing and switch activities
• Calculation of fund metrics, including charges and rebates, as required
• Risk monitoring and management activities, as required
• Any other tasks reasonably requested
Reporting
• Responsibility for financial and other reporting cycles and deadline achievement, including but not limited
to:
• Performance information reports, both for internal and external audiences
• Margin and rebate information reports
• Group Capital Adequacy calculations
• FSA returns
• Monthly calculation of PIRAS, ensuring a full understanding of the processes involved
• TCF reporting processes
• Completion of institute returns requested by either AIB or ONS
• Update of Executive Board Management Information packs, as required
• Ownership of all Company and Group reporting packs, as required
• Ownership of financial reporting systems and processes
 

Compliance
• Reporting to CF10/11
• Coordination and management of all Compliance activities for the Company, including but not limited to:
• Ensuring that the Company’s compliance procedures are fit for purpose
• Assessing future changes in the regulatory landscape and their application to the Company’s
business
• Maintaining the Company’s compliance databases and records
• Scheduling and completion of the Company’s compliance monitoring activities
• Ensuring that identified corrective actions are recorded and implemented as required
• First point of contact for colleagues in respect of compliance
• Managing complaints and breaches to satisfactory conclusion
• Managing compliance aspects of the financial promotions activities and processes

Qualifications and Experience
Finance
• Qualified accountant
• Experience of working within an FSA regulated environment
• At least 2-3 years commercial experience, preferably within a Life Insurance environment
• Solid understanding and application of UK GAAP accounting practices
• Experience of statutory submissions, audit and year end processing
• Monthly management accounts preparation and analysis
Compliance
• Experience gained within FSA regulated Life Company environment
• UCITS knowledge and understanding
• Oversight of 3rd party monitoring activities
Other
• Line management experience
• Experience of identifying and implementing process improvements
• Comprehensive knowledge of Windows, specifically with respect to MS Excel
Competencies
• Autonomy
− Ability to manage own workload, and to prioritise and plan to meet multiple deadlines
− Confidence in own ability and understanding
• Highly developed communication skills
− Clear communication style, both verbally and in writing
− Ability to inform and influence colleagues and stakeholders
• Team player
− Supporting and working towards team objectives
− Sharing information to group benefit
− Actively building and developing working relationships at all levels and across all departments