About the Role
We are seeking a detail-oriented and experienced Financial Reporting Manager to join our Finance team. In this pivotal role, you will support the Head of Financial Reporting in ensuring the accurate and timely delivery of financial reporting across group entities, including submissions to our ultimate parent company, Munich Re.
This is a fantastic opportunity for a proactive finance professional looking to step into a key role within a global organisation and contribute to the integrity and efficiency of our financial operations.
Key Responsibilities:
Act as line manager to the Financial Reporting team including 1-2-1s and performance
management. Provide leadership to the team in order to:
1. Manage the provision of accurate and timely internal financial reporting to Group and Parent (eg affiliate packs, ECON submissions).
2. Manage the provision of timely and accurate UK GAAP financial statements, Corporation tax returns.
3. Manage and co-ordinate the external audit of all HSB UK&I and MD Group entities financial statements.
4. Provide information for reporting to regulators, ONS, CBI and rating agencies as required.
5. Prepare and collate information for the quarterly Finance, Audit, Compliance and Risk Committees.
6. Deliver well understood and controlled implementation of accounting standards.
7. Support the Head of Financial Reporting and Chief Financial Officer in providing financial information relevant to business decisions.
8. Ensure the implementation of appropriate financial controls over financial reporting including acting as the first sign-off in the Internal Control System.
9. Review existing processes and controls and implement changes with the goal of improving procedures and enhancing automation to improve efficiency whilst ensuring effectiveness of controls.
10. Respond to ad-hoc queries and financial information requests as required
Additional Skills and Responsibilities
11. Interacting with People: Establishing relationships and maintaining contacts with employees including Senior Management/Key decision makers.
12. Initiative: Innovative approach to problem solving, anticipating opportunities and the ability to question/challenge existing methods and approaches.
13. Attention to detail: Applying high quality standards to all tasks undertaken.
14. Mentoring: Supporting junior team members towards their achievements and qualifications where appropriate.
15. The ability to communicate effectively at all levels, both verbally and written.
16. Ability and willingness to work flexibly and across locations, where deadlines require, within the Company’s required operating hours.
Key Skills and Experience
Essential
17. Experience in financial accounting, and financial reporting
18. Up to date knowledge of IFRS, US and UK GAAP accounting standards.
19. Strong analytical skills.
20. Strong communication skills, both written & verbal
21. Fluent using Microsoft packages i.e. excel
Desirable
22. Insurance industry experience
23. Experience working in a similar organisation
Qualifications and Educational Requirements:
24. Qualified accountant (ACA, ACCA, CIMA or equivalent)
Personal Attributes:
25. Strong organisational skills.
26. A committed and effective team player
Benefits:
A snapshot of some of our benefits:
27. Agile/Hybrid working
28. Private Healthcare (Aviva)
29. Aviva Digital GP
30. Employer Pension contribution of 13%
31. Annual bonus
32. Professional qualification support
33. 25 days annual leave (plus bank holidays)
34. x2 wellbeing days per year
About Munich Re Follow Us