Salary : £60,000 - £70,000
Location: City of London
Type: Permanent
Reference: CJ/SGA/1702

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.

SUMMARY

  • Production of GAAP reports for management.
  • Monthly analytical review of US GAAP numbers.
  • Production of Lloyd’s returns for external regulatory reporting.
  • Assist in the production of revenue plans and reforecasts.
  • This role supervises others.

PRIMARY JOB DUTIES / RESPONSIBILITIES (ESSENTIAL FUNCTIONS)

  • Management of the monthly close process. Coordinating the close timetable in a timely and controlled manner.
  • Preparation and submission of monthly GAAP results to internal management and the parent company.
  • Monthly analytical review of US GAAP numbers providing first draft commentary explaining key variances against plan and prior periods.
  • Preparation and submission of quarterly QMA/QMC forms to Lloyds, including fully reconciling the movements from US to UK GAAP.
  • Develop and maintain management information and control systems including business objects, Essbase, Crystal reports and Hyperion Smart view.
  • Assist in maintaining an appropriate internal control environment particularly with regard to Sarbanes Oxley compliance in the context of US GAAP reporting.
  • Assist with the preparation of financial plans and reforecasts.
  • Assist with ad hoc reporting requirements and project work.
  • Other duties as assigned.

EDUCATION, WORK EXPERIENCE AND KNOWLEDGE:

  • Proven track record of working in a finance function of an insurance operation.
  • Knowledge of UK GAAP and US GAAP as they apply to insurance entities and knowledge of Lloyd’s reporting requirements.
  • Strong working knowledge of financial ledgers and data warehouses and interfaces.
  • Strong knowledge of insurance practices.

LICENSING OR CERTIFICATES:

A recognized accounting qualification (ideally ACA or ACCA) or sufficient experience and accounting knowledge to be deemed as qualified by experience required

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