Group Reporting Manager (Fixed Term Contract - 12 months)
Application Deadline: 14 May 2025
Department: Finance
Employment Type: Fixed Term Contract
Location: London
Description
Fixed Term Contract (12 months)
Purpose
The Lancashire Group is looking for a Group Reporting Manager who will report to and operate under the Head of Financial Reporting for the Group. The primary purpose of the role is to co-ordinate the Group financial consolidation process and prepare external financial reporting on an IFRS basis.
Specific Responsibilities
- Maintenance of the quarterly LHL Group close timetables and the year-end and half-year GAAP reporting timetables.
- Responsibility for managing inter-office reporting and consolidation process across the Lancashire Group;
- Perform data quality checks and key reconciliations to underlying systems;
- Provide input and analysis for the LHL press release, board & audit committee packs, Group CFO reporting pack, internal financial supplement and management accounts;
- Perform detailed analytical review of actuals against prior year and forecast;
- Preparation of the LHL Group Annual report, consolidated financial statements and note disclosures;
- Co-ordinate activities of service providers to complete iXBRL reporting for the Group;
- Preparation of BMA regulatory reports, specifically the LHL Group FCR;
- Develop knowledge and understanding of WDESK reporting tool. This role will become the SME for WDesk and assume administrator ownership and responsibility for consistent application across the Group.
- Maintain integrity of general ledger financial systems, MDS mappings, revaluation rules and business rules engine calculations;
- Support the activities of external auditors, ensure timely and efficient completion of the annual audit and half year review and monitor delivery of management letter points;
- Undertake the annual audit effectiveness review and prepare survey results and supporting memo for the audit committee;
- Work with the head of finance projects to develop increased efficiencies around the LHL Group reporting process and drive process change and improvements across the finance function;
- Research new IFRS accounting standards and developments and assist the head of group reporting in preparing technical accounting memo’s as needed;
- Assist the head of group reporting in the development and maintenance of policies and procedures, controls and systems ensuring consistency of application across the LHL Group;
- Management of ad hoc projects independently, providing timely and accurate conclusions.
Essential Skills & Requirements
- Professional accounting qualification (CA, CPA or ACA);
- Sound post qualification experience, specifically gained in an insurance/reinsurance environment;
- Detailed knowledge and experience of preparing IFRS financial statements for re/insurance entities;
- Experience with Great Plains General ledger and WDesk would be beneficial;
- Knowledge and experience of BMA regulatory reporting requirements;
- Advanced and proven financial, commercial, analytical and problem-solving skills;
- Experience in a multi-currency, multi-jurisdiction environment;
- Must have excellent organisational skills with the ability to work on one’s own initiative;
- Proficient with the Microsoft Office Suite of application with advanced skills in Excel and Word;
- Ability and willingness to work flexibly to meet business needs including extended hours if required; and
- Strong attention to detail with excellent organisation and time management skills.
The Lancashire Way
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
Straight-talking
We feel empowered to share thoughts and ideas, because everyone’s voice matters.
Collaborative
We work together towards common goals, share knowledge and support each other.
Hard-working
We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
Responsible
We focus on achieving tangible results with consistent standards across the Group.
Positive
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.