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Head of financial reporting

Manchester
SimplyConnected, LLC
Head of financial reporting
Posted: 4h ago
Offer description

Join to apply for the Head of Financial Reporting role at SimplyConnected, LLC

2 weeks ago Be among the first 25 applicants

Join to apply for the Head of Financial Reporting role at SimplyConnected, LLC

Role: Head of Financial Reporting


Location: Manchester (hybrid working - days per week in office)


Permanent


To be successful in this role, you must have experience at senior level within Financial Reporting and managing a team. You will be leading a team of 5 within the Financial Reporting team and be seen as 2nd in command to the CFO for your area.


This is a high profile role within the business that has significant exposure to senior stakeholders across the business.


Job Purpose

This is a key finance leadership role that will provide the CFO support to ensure accurate and timely financial reporting to the ultimate parent Munich Re, financial statements and other regulatory reporting within all relevant jurisdictions.

Role: Head of Financial Reporting

Location: Manchester (hybrid working - days per week in office)

Permanent

To be successful in this role, you must have experience at senior level within Financial Reporting and managing a team. You will be leading a team of 5 within the Financial Reporting team and be seen as 2nd in command to the CFO for your area.

This is a high profile role within the business that has significant exposure to senior stakeholders across the business.

Job Purpose

This is a key finance leadership role that will provide the CFO support to ensure accurate and timely financial reporting to the ultimate parent Munich Re, financial statements and other regulatory reporting within all relevant jurisdictions.

The Head of Financial Reporting will lead a team of qualified accountants supporting all the businesses within EIL, EISL and MD Group to deliver effective monitoring and reporting of the companys capital and financial position. The role includes delivery of Solvency II reporting, ORSA, Statutory accounts and corporation tax returns and other levies.

Key Responsibilities


* Provide leadership to a team of qualified accountants supporting HSB UK&I and MD Group entities
* Act as people manager to two managers and a technical accountant, including co-ordination of team workload, carrying out performance management and contributing to development opportunities
* Ensure effective monitoring of the companys capital position under Solvency II and ORSA for HSBEIL, and RMAR under FCA for MD companies.
* Manage the provision of accurate and timely internal financial reporting to Group and Parent (eg affiliate packs, ECON submissions and Solvency II)
* Own and co-ordinate the external audit of all HSB UK&I and MD Group entities financial statements, including Solvency II for HSBEIL
* Support the CFO on future strategic projects and business decisions which require capital impacts, including financial and capital information relevant for purchase of reinsurance
* Oversee timely and accurate regulatory reporting in the UK and Ireland for Solvency II, UK GAAP financial statements, Corporation tax returns, including other ad hoc reporting for ONS, FCA and rating agencies as required.
* Co-ordinate submissions for the quarterly Finance, Audit, Compliance and Risk Committee.
* Ensure active monitoring and impact assessment is carried out for changes in financial reporting standards and relevant regulations and deliver training on new standards for finance staff as required.

Essential

Key Skills & Experience:

* Experience in financial accounting, and financial reporting.
* Up to date knowledge of IFRS and UK GAAP accounting standards.
* Strong knowledge of SII requirements in the UK and Europe
* Strong analytical skills.
* Strong communication skills, both written & verbal
* Fluent using Microsoft packages i.e. Excel.

Desirable

* Experience working in a similar organisation.

Additional Skills & Responsibilities

* Work using own initiative and take advantage of opportunities.
* Ability to work to time scales and deadlines.

Qualifications & Educational Requirements

* Qualified accountant (ACA, ACCA, CIMA or equivalent)

Benefits

A snapshot of some of our benefits:

* Agile/Hybrid working
* Private Healthcare (Aviva)
* Aviva Digital GP
* Employer Pension contribution of 13%
* Annual bonus
* Professional qualification support
* 25 days annual leave (plus bank holidays)
* x2 wellbeing days per year

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Seniority level

* Seniority level

Executive


Employment type

* Employment type

Full-time


Job function

* Job function

Finance

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