Group Financial Controls Manager

Hiscox Inc.; Colchester; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A financial services firm in the UK is seeking a Group Financial Controls Manager to enhance the financial control framework and ensure compliance with external regulations. The ideal candidate is a fully qualified accountant with strong technical knowledge and communication skills. This role includes the design of independent assurance processes and working closely with auditors. A flexible working model is encouraged, contributing to a positive work environment.

Qualifications

• Strong control mindset with SoX or equivalent control experience.
• Strong understanding of best practices in control frameworks.

Responsibilities

• Enhance and maintain the financial control framework.
• Design and execute independent assurance over material controls.
• Produce reporting on the control environment.

Skills

Technical and financial reporting knowledge

Strong written and verbal communication skills

Experience of delivering change

Education

Fully qualified accountant (ICAEW/ACCA or equivalent)

Job description

Job Type: Fixed Term Build a brilliant future with Hiscox Position: Group Financial Controls Manager Reporting to: Senior Group Financial Controls Manager Location: London, Colchester, York, Hybrid working Band: II Type: 12 Month FTC

The Role

The Group Financial Controls team is responsible for the development, management, and maintenance of the Group-wide financial control framework, responding to external regulations, monitoring remediation of control issues, and driving and embedding the right culture and behaviours within Hiscox. The team plays a key role in working with internal and external stakeholders to ensure a robust framework is in place, coupled with an appropriate level of control testing and reporting thereof. This is an exciting time to join the team and be part of shaping the future to ensure Hiscox Finance is set up to help deliver the next phase of growth in the business. We take a lot of pride in what we do at Hiscox and our sights are always set on achieving the best. If you are the same, this role could be a fit for you.

Key Responsibilities

• Enhance and maintain the financial control framework throughout the Group that complies with the new UK Corporate Reform regulations in line with the Board and Group's risk appetite. Keep abreast of external requirements, perform gap analysis, and implement enhanced controls to strengthen the framework.
• Design and execute independent assurance over the Group's material controls.
• Support the Group's annual assessment of controls effectiveness, including risk assessment, independent assurance plans and management's self-attestations.
• Produce regular reporting on the control environment to the Group Audit Committee and coordinate the evidence required to support a directors" declaration.
• Support and maintain the Group's internal controls tool.
• Assist the business and functions to develop and implement remediation plans.
• Provide subject matter expertise and actively support both Finance and Group-wide projects relevant to the role.
• Engage with the's external auditors to understand control recommendations, including implementing remediation plans and quarterly reporting on these across the Group.
• Good technical and financial reporting knowledge within the financial services sector (preferably the insurance sector).
• Strong written and verbal communication skills.
• Experience of delivering change and continuously improving.

Qualifications

• Fully qualified accountant (ICAEW/ACCA or equivalent).
• Strong control mindset with SoX or equivalent control experience.
• Strong understanding of the best practices used in developing and applying control frameworks in the financial sector.
• Proven track record in constructively challenging and analysing processes.
• Hands‑on approach and a keen eye for detail.

Reporting Relationships / Interactions

• Reports to the Senior Group Financial Controls Manager.
• Maintain constructive and supportive professional relationships with both internal and external stakeholders including the Finance Senior Leadership team, Business unit and Group function teams, Group Risk, Internal Audit, and the Group's external Auditors.

Flexible Working

Flexible working at Hiscox: Working life doesn't always have to be 'nine to five' and we support flexible working wherever we can. No promises, but please chat with our resourcing team about the flexibility we could offer for this role.

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