LISL Deputy Corporate Controller

Department: Finance

Location: London

Description

Purpose

To oversee the financial operations of the Lancashire Insurance Service Company (“LISL”), ensuring accurate recording of Group expenses and the effective allocation of costs through the service fee process.

Specific Responsibilities

• Lead the monthly Financial close process for LISL, ensuring timely and accurate results
• Preparation of service fee calculations and journals
• Preparation of IFRS 16 lease entries
• Prepare IFRS 2 expense and payroll tax calculations related to the equity compensation scheme
• Prepare monthly payroll journal
• Review of accruals and prepayments ensuring accuracy with internal policies
• Review of fixed asset entries
• Review of bank reconciliations
• Preparation of management accounts and provide insight as required
• Co-ordination of accounts payable and personal expenses
• Manage HSBCnet administration for banking and credit card activities
• Monitor cashflow requirements for LISL
• Support the production of the annual G&A budget as required
• Preparation of LISL annual IFRS Financial Statements
• Liaise with auditors and provide required documentation in a timely manner
• Monitor finance policies and procedures to ensure consistent processing and coding of G&A expenses across all entities
• Work with the finance team and other departments to ensure the Concur invoice and expense system is being used in the best possible way
• Manage ad hoc requests, projects and analyses providing timely and accurate conclusions including cross-departmental projects and peer analysis
• Prepare quarterly corporation and deferred tax provision workings for LISL
• Liaise with external advisors on the preparation of the corporation tax computations for LISL
• Prepare the annual “PAYE” settlement agreement return for submission to HMRC
  
  

Skills & Requirements

• Bachelor’s degree and professional accounting qualification (CA, CPA or ACA)
• Minimum 5 years post qualification experience
• Experience of IFRS rules and requirements for compensation accounting and in particular IFRS 2 preferred
• Strong knowledge of Great Plains systems and Concur preferred
• Practical experience with accounting systems and controls essential
• Advanced and proven financial, analytical and organizational skills
• Proficiency in a multi-currency environment
• Excellent written and oral communication skills
• Proficient with the Microsoft Office Suite of applications with advanced skills in Excel
• Ability and willingness to work extended hours as well as weekends as needed.
  
  

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.