Financial Controller

Company:  HCI
Location: Preston
Closing Date: 19/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
About the role Reporting directly to the CEO, the Financial Controller will lead the small finance team through a period of change, ensuring that the team deliver on the exacting day to day requirements of a regulated firm within the insurance industry, constantly looking for opportunities for process improvement, system integration whilst simultaneously managing the expectations of our PE backers. Role and Responsibilities The financial controller will be responsible for the following. Prepare consolidated monthly management accounts and give high quality financial insights to support the decision-making process. Prepare budget, profit and loss forecast and cash flow forecast as and when required and highlight any cashflow issues to the senior management. Prepare and file all the FCA/RMAR returns accurately and on time. Prepare quarterly VAT and IPT returns. Reconciling sales against the companys insurance system and processing cost of sales journals. Thoroughly checking the bookkeeping done by the finance team members. Checking accruals, prepayments and other month end journals and processing them if required. Checking supplier payment run and banking set-ups before authorizing them through the banking platform. Send payroll changes to payroll provider and check payroll reports. Ensuring the balance sheet is fully reconciled at month end, particularly multi-currency insurer accounts. Check insurer bordereau and broker statements on monthly basis and reconciling them against accounting system. Constantly review the claims funds and ensure the claim fund is always maintained at appropriate level working with our insurers. Prepare and file all the relevant forms on Companies House as and when required. Support the CEO on price modelling and other technical insurance matters. Perpetual review of the end to end finance activities, looking for opportunities to streamline working alongside the Head of Change. Strengthen internal finance controls and documenting all the key financial processes. Fully leverage the EASY CRM platform and look for opportunities for cost savings Finance team management training, coaching and performance monitoring Person Specification Fully qualified accountant with at least 5 years of experience in the Insurance sector Must have experience of working with XERO and a good awareness of SAGE Must have worked within multi-currency and multi jurisdiction business models Must be able to work from the Brighton office at least two days a week Very strong system thinking and demonstrated ability to drive process improvement through system connectivity, data migration and risk-based decision making. Strong excel skills and has previous experience of using Vlookup, Sumifs, Pivot tables and other advanced modelling skills for planning and forecasting. Hands on experience within finance and ability to meet all deadlines and self manage prioritization with excellent attention to detail. Experience of using Wise, Revolut and other challenger bank applications desirable Have very strong data analytical skills and able to connect the dots between data sets to drive out information for senior management decision making. Strong communication skills and ability to communicate effectively across different departments and levels. Good awareness of operating within an FCA regulated entity. Working with a Private Equity funded business desirable but not essential. Self starter, energetic and looking for a great opportunity to grow with a small company. Job Type: Full-time Pay: Up to £85,000.00 per year Benefits: Company pension Life insurance Private medical insurance Schedule: Monday to Friday Work Location: Hybrid remote in Brighton TPBN1_UKTJ
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