Financial Control Senior Manager

Company Description

Helping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind-the-scenes. It’s up to us in L&G Group functions – which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Comms to provide the essential support services that all areas of the business need, here in the UK and overseas. Simply put, we enable everyone at Legal & General to do what they do best. That means we’re helping to improve our customers’ lives, and contributing to the success of the business every day.

Job Description

Your role at a glance

The Financial Control team is responsible for ensuring an appropriate control environment is maintained across the Legal & General Group. The role holder will be responsible for supporting the Financial Control Lead and Senior Managers so that the Financial Control Framework (FCF) is operating effectively and efficiently across the annual reporting cycle. The role will require engagement with stakeholders from across the divisions and Group functions, including divisional and Group Finance senior teams.

What you’ll be doing

You will be working alongside the Financial Control Leads and Senior Managers, ensure that key elements of FCF are operating effectively over divisions and/or functional areas with specific responsibility. Specifically:

• Risk assessment validation.
• Overseeing BAU deliverables, task scheduling, ensuring the work the team completes is of the highest standard with accuracy and attention to detail a key driver. Do this by reviewing and signing-off key deliverables and managing individual capability so that the team work effectively and efficiently, with prompt resolution of issues.
• Agreement and rating of deficiencies, as well as associated remediation plans.
• Reporting to key stakeholders.
• Oversight of the group end-to-end attestation process.
• Engage with key stakeholders as to facilitate smooth delivery.

You will support the FCF control business partner over divisions and/or functional areas with specific responsibility to:

• Supports all queries with the relevant team / division.
• Supports the relevant pack for divisional committee / CFO.
• Provide administration support for new members in the team.

You will operate as a financial reporting audit technical expert in the Group.

• Ensure technical financial reporting areas are appropriately reviewed and challenged by supporting divisions/functions in understanding the impacts.
• Provide support and training to other members of the Group Financial Control team and key stakeholders within the Group.

You will ensure completion of the FCF requirements with respect to walkthrough performance, Design & Operating Effectiveness:

• Support the performance of walkthrough and complete DE assessments.
• Support the identification of relevant risks and controls.
• Escalation to team lead of any rescheduling and delays in evidence.
• Support the completion of final risk and control risk list.
• Support the completion of required templates.
• Update of documentation and the OSX, the L&G GRC application.
• Support queries of the Operating effectiveness team.
• Escalation of delays to the Head of Financial Control.
• Raise and record appropriate issues from the Design Effectiveness exercise.
• Ensure that all issues and actions are captured on OSX accurately and completely.
• Provide support with the issue MI and resolution.
• Support the production of relevant MI for the committee including FCF, EUCs and Model.
• Support the appropriate pack for the respective divisions.

Qualifications

• Professional auditing, accounting, or actuarial qualification or equivalent business experience required.
• Broad understanding of the Legal & General Group and its products
• Strong understanding of financial reporting risk and control frameworks
• Strong conceptual and practical understanding of the risks and processes associated with insurance and asset management businesses.
• Ability to critically challenge technical requirements and to think outside the box to find innovative, practical and commercial solutions to problems.
• Highly persuasive on technical matters through written and verbal communications
• Extensive experience with IFRS17 risk and control assessments.
• Ability to understand complex processes and capture them accurately.
• Ability to challenge existing processes and controls.
• Ability to work under pressure towards tight deadlines.
• Ability to create and deliver clear documentation.
• Open, actively seek to discuss issues and share information.

Additional Information

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including 27 days holiday (excluding bank holidays), an annual supplement for private medical insurance, generous pension scheme and life assurance, We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan, and there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings. 

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world’s largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders – helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we’d love to hear from you.

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