Assistant Controller

Aon Corporation ,
London, Greater London
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Job Description

Broking Companies Assistant Controller We're hiring! * * Aon are currently recruiting a Broking Companies Assistant Controller to join our team in London. The Broking Companies Assistant Controller will be primarily responsible for supporting the UK Broking Companies Controller in the oversight of financial matters pertaining to the UK Broking entities. About Aon Headquartered in London, Aon Plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance. Aon is an equal opportunities employer. Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria. About the Role Your impact as a Broking Companies Assistant Controller: * Leading the timely and accurate month end close process for Benfield and ARS business divisions (Retail and the Global Broking Centre, including Aon Underwriting Management) within Aon UK Limited through working closing with the controllership business partners. This will involve the performance of revenue recognition reviews performed in relation to complex and multiyear transactions, incentives and related accounting treatment as well as balance sheet reconciliations. * Coordination with the US as part of the quarterly close process as and when required. * Support the development of direct reports through task management, ongoing feedback, and documentation of performance management. * Review of the monthly derivative and hedge accounting submissions to the US treasury team based on revenue and net asset exposures. Review of monthly foreign exchange analysis documenting the effectiveness of the foreign exchange risk management and on identification of significant variances in effectiveness identify and lead action to resolve such findings. * Responsibility for leading the production of an Aon UK Limited monthly MI packs through the review and documentation of walkthroughs of actual management results to plan and forecast for each division of the Company. On a twice annual basis additional management information packages will be produced including analysis of management plans for the subsequent year. * Review of the existing transfer pricing mechanism calculations such as the Aon Network Fee, Global Brand Royalty and Global Client Profitability. The role will include reviewing bi-annual walkthroughs and presentations back to UK Controllership. * Responsibility for the review of a quarterly statutory extended trial balance under IFRS developed from the processing of statutory journals which are reconciled on a quarterly basis. This review will include reviewing submissions received from the corporate accounting team in respect of share based payment and defined benefit pension accounting. * Completion of Financial Conduct Authority ("FCA") electronic quarterly and annual returns including managing the review and approval process. This will involve preparation of the returns in line with FCA technical guidance, updating Controllership with respect to changes in the standards made and ensuring co-ordination of submissions with the Regulatory Compliance Team. * Responsibility for the preparation of all broking companies' statutory extended trial balances and statutory financial statements under IFRS. This will include liaising with the corporate accounting team in respect of share based payment and defined benefit pension accounting and owning the statutory financial statement process end to end until delivery of the financial statements to the Board for approval and signing. * Responsible for the quarterly preparation of the NOL analysis and the monitoring of the recoverability of deferred tax assets, including forecasting of the share based payments vesting charge and performing stress testing of the forecast's key assumptions. * Work with the financial control team to identify new and support the resolution of current control process weakness impacting management and statutory reporting in order to protect regulatory capital and shareholder value. * Responsibility for the review of the quarterly statutory forecasting and analysis of profit before tax, net asset valuation and cash flows for Aon UK Limited (the "Company"). * Have an understanding of the regulatory requirements of the Financial Conduct Authority ("FCA") which can be utilised through the ongoing FCA reporting requirements. * Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company. About you Your knowledge and expertise: * Qua

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