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Financial controller

London
Permanent
Michael Page Sales
Financial controller
Posted: 6h ago
Offer description

The Financial Controller will oversee accounting and finance operations within a reputable insurance company, ensuring compliance and efficient financial management. This role is based in the City of London and will offer hybrid working. Client Details Our client is a small to mid sized insurance broker with a strong presence in the UK market. They are committed to delivering exceptional services and maintaining high standards in their industry. Description Your role as the FC will be to manage the department including a team of credit controllers, treasury assistants and insurer reconciliations clerks. · Responsible for the annual client money audit and be the key contact for all audit liaison · Ensure fully compliant within FCA regulations - mitigate exposure to CASS 5 breaches. · Continuous improvement and documentation of IBA controls and procedures. · Review/perform client money calculation is performed in accordance with CASS 5. · Review bank reconciliations for the various IBA bank accounts. · Chair monthly meetings to discuss all aspects of IBA i.e. aged debt, unallocated cash, bad debts, funding etc… · Responsible for producing detailed aged debt reports in accordance with month end timetable. · Responsible for producing client by client rec in accordance with audit and annual requirements. · Responsible for producing balance sheet r...

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