Group Financial Controls Manager

Job TypeFixed TermBuild a brilliant future with HiscoxPosition: Group Financial Controls ManagerReporting to: Senior Group Financial Controls ManagerLocation: London, Colchester, York, Hybrid workingBand: IIType: 12 Month FTCThe RoleThe 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 for you.Why we are hiringThe Group is growing fast and expanding into new areas. It is fundamental that a robust control environment underpins everything that we do and is an enabler to us achieving our overall ambitions. To this end, the Group recognises the importance for a skilled team to develop and support this area.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 co-ordinate 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 Group’s external auditors to understand control recommendations including implementing remediation plans and quarterly reporting on these across the Group.

• 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.
• 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.

• 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.

• 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.