Finance Production and Control Senior Lead (18-Month FTC)

Direct Line Group Careers; Greater London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading insurance company in the UK is seeking a Finance Production and Control Senior Lead to oversee financial management within an outsourced framework. The ideal candidate should be a qualified accountant with leadership experience in finance operations, preferably within the Insurance or Financial Services sector. This role includes the management of financial results, adherence to regulatory standards, and collaboration on continuous improvement initiatives. The position offers a hybrid working model, requiring at least 2 days in the London office.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

Additional optional Health and Dental insurance

EV car scheme

Generous holidays

Buy as you earn share scheme

Employee discounts and cashback

Qualifications

• Qualified Accountant with leadership experience in finance operational teams.
• Experience in the Insurance or Financial Services Industry is essential.
• Experience of insurance regulatory reporting, with knowledge of Solvency II and IFRS17.
• Experience in a financial control environment.
• Experience in managing and working with suppliers.

Responsibilities

• Lead the development of the Shared Service production hub.
• Ensure adherence to minimum standards for results production.
• Oversee monthly close timetable, managing teams.
• Maintain effective financial controls through monitoring reconciliations.
• Manage balance sheet and ensure accuracy of financial results.
• Ensure accounting practices are up-to-date.
• Manage staff performance and development plans.
• Act as Finance business owner for key systems.
• Collaborate with Finance Change team on new projects.

Skills

Leadership experience in finance operational teams

Understanding of legal regulatory and risk management frameworks

Experience in managing suppliers

Knowledge of Solvency II and IFRS17

Strong understanding of processes and systems

Education

Qualified Accountant

Tools

Oracle

FSH

FDP

EDMCS

Job description

As Finance Production and Control Senior Lead, you will work with and manage multiple stakeholders, including the management of an outsource provider to ensure the accurate processing of the specific financial transactions within the agreed set of systems for your role and data definitions on a timely basis.

You’ll also support the Head of Finance Operations and Change and Director of Finance Reporting and Control in delivering strong and robust financial management through management and oversight of the delivery legal entity financial results of end‑to‑end processes data framework and control framework – with specific accountability for those systems within your remit.

This role is being offered on an 18‑month Fixed‑term contract basis.

What you’ll be doing:

• Lead the ongoing development of the Shared Service production hub, managing the outsource provider and ensuring high performance in financial results production.
• Ensure regular review and adherence to minimum standards and best practices for results production and end‑to‑end processes.
• Oversee the completion of the monthly close timetable, managing financial professionals across onshore and offshore teams.
• Maintain effective financial controls through regular monitoring of reconciliations and related payment/receipt processes.
• Account for specific financial boundaries, manage the balance sheet, and ensure the accuracy of the financial results.
• Ensure accounting practices are up‑to‑date and in line with general and accepted standards.
• Manage staff performance, including reviews, training needs, and development plans, ensuring consistency across the department.
• Act as the Finance business owner for key systems like Oracle, FSH, FDP & EDMCS, ensuring alignment with Finance and Data strategic visions.
• Address complex issues promptly, using judgment to avoid large losses or reputational damage, and serve as an escalation point for process failures.
• Collaborate with the Finance Change team to ensure new projects meet DLG standards and drive continuous improvement across finance processes, focusing on cost‑saving initiatives and optimisation of technology.

Our hybrid model offers a 'best of both worlds' approach. When you’ll be in the office depends on your role and team, but colleagues spend at least 2 days a week in our London Riverbank House office.

What you’ll need:

• Qualified Accountant with leadership experience in finance operational teams, including offshore teams.
• Experience in the Insurance or Financial Services Industry is essential, with adherence to a range of legal regulatory and risk management frameworks.
• You’ll have experience of insurance regulatory reporting, with knowledge of Solvency II and IFRS17.
• You’ll have experience in a financial control environment, with strong understanding of processes and systems.
• Experience in managing and working with suppliers to deliver shared accountabilities.

Hours:

35 Hours per week

Benefits

We recognise we wouldn’t be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:

• 9% employer contributed pension
• 50% off home, motor and pet insurance plus free Green Flag breakdown cover
• Additional optional Health and Dental insurance
• EV car scheme
• Generous holidays
• Buy as you earn share scheme
• Employee discounts and cashback
• Plus, many more

We want everyone to get the most out of their time at DLG. Which is why we've looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best – whatever that looks like — and offering real choice, flexibility, and a greater work‑life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They're about recognising who you are and the life you live.

Be yourself

Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.