New opportunity as a Technical Accounting Manager, whereby the successful will apply specific subject matter expertise, related accounting principles and regulatory standards to effectively and efficiently carry out high value/highly complex accounting activities within their discipline; providing relevant advice, guidance and approval in accordance with delegated underwriting authority limits.
Responsibilities & Accountabilities
Strategy & Planning
• Contributes to functional strategy development and prioritises operational deliverables and activities of team to support delivery of overall business targets
• Manages tactical plan and provides support to others to achieve positive results for the business in line with strategy
Policy, Process and Procedures
• Applies specific expertise to advise and guide others within the team, to ensure accuracy, good practice and adherence to prescribed standards
• Is responsible for a range of duties and, as an experienced practitioner, completes transactions, within a broader range of value and complexity (making decisions within authority limits) to ensure that operational processes and/or individual transactions are appropriately executed and that files, documentation and related systems are properly maintained
• Assists in the interpretation of organisation goals and regulatory/legislative requirements; and is proactive, in reviewing, analysing and suggesting how compliance, effectiveness and risk management can be improved
• As a senior technical expert and designated point contact for others within the function, is proactive in providing advice and guidance to colleagues, making appropriate decisions and promoting improved understanding of functional needs and standards
Environmental Awareness/Customer Focus
• Develops strong relationships with internal and external stakeholders to ensure that service delivery meets customer/colleague expectations
• Networks with relevant colleagues across the organisation to share best practice and to identify optimal service delivery options within the function
• Builds upon broad awareness of their market context, industry best practice and headline legislation related to their specific discipline, by engaging with external peers, to enhance personal contribution to functional performance
Technical Performance
• As a senior and experienced finance professional, applies technical knowledge of related accounting principles (such as GAAP) to and effectively, and efficiently carry out higher value/complex accounting activities and provide relevant advice, guidance, and approval in accordance with delegated underwriting authority limits, to meet business objectives
• Is responsible for ensuring their team complies with internal and external regulations and guideline
• Manages the review and analysis of functional performance to identify and influence progress towards business objectives
• Contributes to the 'Business Optimisation' agenda, bringing together an array of financial, capital, risk, volatility and historical performance metrics to identify profit opportunities and under-performance challenges
• Is a key contributor to the development of Finance technology toolsets to ensure effective and efficient corporate planning and financial solutions are in place
• Utilises the suite of financial tools to develop and prepare insightful analysis to support commercial decision-making processes
• Continually develops subject matter expertise and technical knowledge (of self and other team members) by identifying and implementing appropriate learning and development activities
People Management
• Manages a team of junior practitioners within the function / department or specialism to ensure that people, resources and processes are aligned with business needs and fit for purpose
• Manage, resource, motivate, develop and focus the team to ensure the required standards of performance and support the continuing personal and professional development of all team members
• Assists more senior management within the function in appointing, performance managing and rewarding the team to effectively manage resources within the function
• Establish clear accountabilities and authority levels for direct reports and build a strong culture of accountability and performance in order to ensure delivery of goals
To be successful in this role, you will need to be/have:
• Significant post-qualification work experience in finance environment within a complex multinational financial services business
• Experience of resolving complex finance or accounting queries; and has significant experience of working with relevant specialist toolsets or applications
• Has established senior level customer/supplier/professional body relationships that are relevant to their role / specialism
• Experience of managing finance teams or groups of individuals with relevant subject matter expertise
• Lloyd's market experience is desirable
• Degree level education (or equivalent) (And relevance of degree subject to role) is preferred.
• It is expected that the incumbent is qualified in relevant finance or accounting qualifications (with particular emphasis on related specialism)
• Discipline specific technical expertise and knowledge in relation to legal and regulatory requirements (including specific reference to e.g., GAAP, FCA/Lloyds regulation)
• Knowledge of the market the company operates in and London Market Operations (Lloyd's, IUA, LPSO, LPC etc)
• Highly proficient in MS Office applications e.g., Excel and other discipline specific software packages
