Group Head of Accounting and Reporting

Reposted 10 Days Ago
Be an Early Applicant
London, Greater London, England
In-Office
Senior level
Insurance
The Role
Lead financial reporting and accounting policy development, ensure compliance, enhance financial controls, manage audits, and drive continuous improvement.
Summary Generated by Built In

We are looking for a Head of Financial Reporting who strives to improve everything they do and has the courage to challenge the status quo. This is an exciting time to join the team and be part of shaping the future to ensure Chaucer Finance is set up to help deliver the next phase of growth in the business. In this role, you will have the opportunity to shape the future of our financial processes and contribute to the strategic direction of the finance function.

Key Responsibilities:

  • Lead the development of Chaucer Group Accounting Policy for roll out across the Group and ensure compliance within Chaucer entity / branch accounting and reporting functions and ensuring consistency in approach across the Group
  • Maintain and enhance the financial control environment with regards to Group reporting activities and the broader financial control framework. 
  • Deliver high-quality Group consolidated monthly, quarterly, and annual financial, statutory and regulatory reporting deliverables to both internal and external stakeholders in compliance with IFRS and regulatory guidance. 
  • Lead IFRS17 reporting for Finance including leadership of ongoing IFRS17 programme deliverables
  • Managing the external audit to ensure key deadlines and deliverables are met
  • Champion and support the Group Finance Director in developing a continuous improvement culture utilising external insights and best practice.
  • Actively support both Finance and Group-wide projects relevant to the role
  • Lead, manage and develop a team
  • Be a proactive member of the Finance leadership team
  • Lead and role model a culture of excellence across the wider Financial team

Skills/ Qualifications/ Experience require:

  • Post 8 years fully qualified accountant (ACA/CIMA/ACCA)
  • Strong technical and financial reporting knowledge within the financial services sector (preferably the insurance sector)
  • Ability to constructively challenge and analyse results
  • Hands on approach and a keen eye for detail
  • Strong problem solving skills
  • Strong control mindset and experience
  • Good understanding of group consolidation principles and financial reporting systems
  • Experience of delivering change and continuously improving

Reporting Relationships/ Interactions:

  • Reports to the Group Finance Director
  • Maintain constructive and supportive professional relationships with both internal and external stakeholders including the Finance Senior Leadership team, our Regulators and external Auditors
  • Lead the relationship with China Re around all financial accounting and reporting matters
     

ABOUT US

Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). 
A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.

Top Skills

Financial Reporting Systems
Ifrs
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The Company
HQ: City of London
652 Employees
Year Founded: 1922

What We Do

Chaucer are a leading specialty (re)insurance group working with brokers, coverholders and clients to protect and support business activities around the world. Our services are accessed both through Lloyd’s of London and the company markets.

We are defined by an enterprising, bespoke approach to (re)insurance, enabled by the individual character, experience and imagination of our expert teams.

Chaucer is a member of the China Re Group and backed by their financial and operational resources. China Re is one of the world’s largest reinsurance companies whose outstanding and comprehensive strength is rated A (excellent) by AM Best and A (strong) by S&P Global Rating.

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