Financial Accounting Manager

at  Direct Line Group

London, England, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate06 Feb, 2025Not Specified07 Nov, 2024N/AGood communication skillsNoNo
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Description:

ABOUT US

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.
We’ve got big dreams of becoming Britain’s best retail general insurer. Our talented, reactive, and communicative finance team are on call to help us do it in a sustainable, profitable way. With close connections to our shareholders, and a commitment to integrity that spans the entire business, our people are no strangers to creating - and maintaining - value on an unbelievable scale.

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Responsibilities:

THE ROLE

The Financial Accounting Manager supports the Production and Control Senior Lead to ensure that all production activities are executed on a timely basis to provide a robust foundation for finance data and reporting to be driven from.

WHAT YOU’LL BE DOING:

  • Technical Finance Oversight: Validate, post, and review technical finance journals, ensuring accuracy in line with controls. Specific accountability for Solvency II balance sheet oversight.
  • Collaborate with Outsourced Partners: Work alongside the Production and Control Senior Lead to manage SLAs and build productive workflows with our outsourced finance partner, focusing on approval and exception matrices.
  • Month-End Optimisation: Challenge and refine month-end processes, identifying improvements in timelines and accuracy of financial accounting entries in line with the Group’s Accounting Policies.
  • Balance Sheet & Financial Reporting: Review legal entity and consolidated financial statements. Analyse key movements, prepare monthly reporting, and ensure accuracy in reconciliations—especially for Solvency II.
  • Risk Management & Audit Support: Proactively identify and manage financial risks, collaborating with internal and external auditors to maintain robust control over our financial records.
  • Project Collaboration: Support Finance-wide projects by sharing technical expertise in financial processes, accounting standards, and best practices, especially during the testing and implementation of new systems.


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

London, United Kingdom