Financial Controller

Summary

Join Wakam's dynamic Finance team as a key member, shaping the company's financial strategy and operational framework. Collaborate with cross-functional teams to ensure financial practices align with business goals. Deliver timely and accurate financial statements while proactively identifying process improvements and enhancing data quality. Contribute to Wakam's mission of transforming the insurance industry and ensuring robust financial performance. This role offers the opportunity to lead and shape financial strategies across diverse insurance products, collaborate with talented professionals, drive innovation, and make a meaningful impact. Enjoy the flexibility of fully remote work.

Requirements

• Be a Qualified ACA or equivalent with a track record within the insurance industry
• Have operational/technical experience with UK GAAP and Solvency II
• Have experience in leadership roles at UK insurance companies
• Have a track record of insurance audit portfolio management
• Be experienced in financial management including budgeting, forecasting and analysis
• Be experienced in cash flow management, risk management and annual reporting
• Have strong, solid knowledge and understanding of financial controls and regulation in the insurance industry
• Have strong experience in implementation of accounting policies and procedures
• Have solid leadership skills to motivate and guide the team on financial compliance and process
• Have a strong team continuous development mindset in the creation and delivery of technical training and mentoring programmes
• Have excellent communication skills to interact with all stakeholders
• Have strong problem-solving experience and mindset to identify challenges and find solutions

Responsibilities

• Become part of a small team, and assume a broad and varied role with the opportunity to be involved with a wide range of activities across all areas of finance
• Report to the UK CFO, and have direct responsibility and accountability for timely and accurate delivery of UK regulatory and statutory financial statements
• Manage accounts and explanations on variances between budget and actual
• Manage the year-end process and preparation of financial statements
• Serve as the key contact for auditors and investment managers
• Oversee the overall control environment and preparation of UK GAAP financial statements
• Produce quarterly trial balance and management accounts ensuring compliance with UK GAAP
• Review all external regulatory reporting requirements and responses to the PRA and FCA
• Coordinate production and provide related contributions to quarterly Solvency II
• Be responsible for corporation tax and VAT returns and ensure these are accurate and submitted within required deadlines
• Support the UK CFO in preparation and sign off on statutory and regulatory financial results and statements to the UK Board, Companies House and the PRA
• Manage the outsource provider in relation to financial operations and report
• Draft and support the CFO with Board and Audit committee papers
• Continuously transform and improve processes to reduce cycle time and improve accuracy
• Support on aspects of Treasury Management (bank accounts, mandates, transfers, etc)
• Design and ensure operation of internal controls around the financial reporting processes
• Support systems and process implementations in and other transformation initiatives
• Liaise with business teams on data quality issues ensuring timely resolution
• Maintain additional records and information as required in order to satisfy reporting and filing obligations of UK
• Document the processes to minimize key person dependencies and enable cross-skilling of the team

Preferred Qualifications

Have knowledge of MGM/Broker

Benefits

• The opportunity to lead and shape financial strategies across diverse insurance products
• Collaboration with talented professionals in a dynamic and international environment
• A chance to drive innovation using advanced analytics and cutting-edge tools
• The ability to make a meaningful impact on business outcomes and customer experiences
• Flexibility to work fully remotely, empowering you to thrive from wherever you are
• True remote work flexibility with our Wakam From Anywhere (WFA) program
• Flat hierarchical system promoting direct impact and autonomy
• Monthly Free.day: dedicated time for personal growth and skills development
• Lunch voucher with Swile card
• A meaningful company: we became a Mission-driven company in March 2021
• Work alongside passionate experts: who will share their knowledge and help you develop and grow in your career