Financial Reporting Delivery Manager

Seymour John ,
Telford, Shropshire
Job Type: Full-time
Salary: £55,000 per annum

Overview

Financial Reporting Delivery Manager Telford £55-65,000 12% Bonus 10% Pension Healthcare 27 Holidays Flexible Working Our Client Working in partnership with Seymour John, our client ReAssure is a major player in UK financial services with over £68bn of investments and 4.3million policyholders. They have recently been acquired by Phoenix Group. The people culture is trusting and highly professional with a modern flexible working practices in place to attract and retain talented contractors and permanent staff. There is an excellent working environment including onsite restaurant and coffee shop. The Opportunity ReAssure believes it can create a world class close process, whilst looking after the welfare of our people. The Accelerated Close Programme has been established to align the objectives we have for the company with this core belief and seeks to achieve three key outcomes: To deliver the capability to provide annual Solvency and IFRS results to the market within the timescales set by the Board and in line with market expectations, To own and deliver all the enablers and solutions that deliver the necessary acceleration of the working day timetable, Build a best in class forecasting and flash reporting process to support the management approval of results early in the working day timetable The Financial Reporting Delivery Manager will be responsible for the successful end-to-end planning and execution of financial reporting production processes. This role will be responsible for planning, monitoring and managing the full working day timetables / schedules across all entities and suppliers across the ReAssure group, including managing issue resolution throughout the reporting process, ensuring successful delivery of the end to end financial reporting schedules for both quarterly and annual production reporting processes. The Financial Reporting Delivery Manager will develop the reporting timetable to address both the Group’s external reporting requirements and also the internal requirements of the Board and its delegated committees (Quarterly, Half Yearly and Annual Statements). The timetable will also integrate IFRS reporting requirements along with the Solvency II requirements for Pillar 3 reporting, Internal Model validation and the ORSA cycle. This is a challenging role but one which offers great opportunity to the successful candidate to understand the end to end lifecycle of financial and capital reporting working across the Group’s insurance entities, asset management teams, and external fund data providers. This role will be a crucial part of the Group’s financial regulatory reporting process. Principle Accountabilities: Manage and coordinate the Financial Reporting Working Day Timetable (WDT) across all cycles and entities Work closely with Finance and Actuarial functions to ensure an integrated plan for production of both IFRS and SII outputs Work closely with the Investment Management teams to ensure alignment of asset information across WDTs. Liaise with reporting entities to agree deliverables, owners and dependencies. Ensure that all governance meetings are incorporated into the WDT Day-to-day management of the reporting timetable at each reporting period Mobilise and chair the daily WDT check-point meetings throughout the reporting period Responsible for capturing and resolving daily actions arising in the execution of the timetable and providing updates to various programme forums Provide a central point of contact and escalation point during the execution of the reporting timetable Answers queries, helps remove blockers, triage additional evidence requests and manage expectations of key stakeholders during execution of the timetable Ensure actions/commitments are achievable, timely and well thought through Contribute to enhanced ways of working within Reassure, including: o Assess the success of new process and tools introduced into the reporting close process, ensuring any weaknesses and/or limitations are triaged as per agreed FMD processes o Early identification of lessons learned and providing real-time feedback of any changes required to the YE19 project Skills / Experience A fully qualified accountant (probably ACA / ICAEW or ACCA ) Existing knowledge and experience of IFRS reporting in a large business. Experience in delivering change and/or projects and managing multiple stakeholders. Qualifications such as Prince II useful but not essential. Useful but not essential - an understanding relevant regulatory accounting and capital regimes applicable, e.g. Solvency II, Economic Capital, PRA, IFRS 17. For further information, please contact Phil Topper By responding, we will register you as a candidate with Seymour John Limited. To understand how we will use your personal data, please read the Privacy Policy on our website.