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Marsh & McLennan Companies
United Kingdom
(on-site)
Posted
1 day ago
Marsh & McLennan Companies
United Kingdom
(on-site)
Job Function
Other
UK Controller - Risk Insurance Services (RIS)
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
UK Controller - Risk Insurance Services (RIS)
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
We are seeking a talented individual to join our Controllership team at Marsh. This role will be based in London. This is a hybrid role that has a requirement of working at least three days a week in the office.The UK Controller - Risk Insurance Serivces (RIS) is responsible for a wide range of controllership activities for the RIS UK including the co-ordination and management of the month-end close as well as all project related activities, integration of acquisitions and the support of financial analysis to aid decision making. They ensure a strong control environment with the implementation, design and ongoing monitoring of all controls.
You will be supported by a small team of 4 direct reports and will be responsible for the preparation and management of all controller operations within RIS UK.
This is a leadership role that provides oversight of US and Local GAAP reporting, coupled with local statutory and regulatory reporting for the business area, covering all relevant Operating Companies and Holding Company structures. The role is responsible for ensuring that the company's internal controls and financial compliance responsibilities are met.
We will count on you to:
- Ensure that financial results for local legal entities are accurate. Oversee and be responsible for the preparation of all monthly, quarterly and annual financial reporting activities in accordance with US GAAP.
- Provide insightful analysis to support accounting judgments and business decisions. Support the implementation of new accounting standards in line with Group plans. Manage the application of accounting policies and preparation of papers to support financial accounting decisions. Provide guidance on the basis of preparation for local Statutory Accounts.
- Manage key stakeholders who rely on the finance processes and reported numbers. Ensure that key stakeholders such as FP&A are aware of any changes to processes or accounting policy and communicate the impact of any change or finding.
- Manage the external auditor relationship, including liaison in relation to audit timetable, deliverables to Audit Committee, fees and accounting issues; sign quarterly management representation letter; attend Risk and Audit Committees as and when required.
- Ensure that all Sarbanes-Oxley (SOX) control issues are reported and remediated on a timely basis and the business operates in a SOX compliant manner. Ensure the integrity of financial controls across RIS functions and ensure sound controls operate around the financial result. Ensure that authority matrices for transactions are appropriate, understood and followed.
- Ensure that the Balance Sheet is reviewed and fairly stated on at least a quarter end basis (including accounts where judgment is required, e.g. PPO, CTF, VAT provisions, employee liabilities) and that those provision judgements also have the approval of local management.
- Provide strong proactive management for the team including development and mentoring. Support wider team initiatives.
- Provide assistance to Regional Management / Boards on local projects and regulatory and statutory / tax responsibilities. Provide assistance with project-based work, be it system implementations, business projects, entity projects, control projects, execution of global / regional strategies.
- Assist Country and Regional Management on due diligence reviews in respect of potential acquisitions and with understanding the accounting consequences of major projects
What you need to have:
- Qualified Accountant preferably ACA; ACCA or ACMA or similar
- Bachelor's degree in finance, accounting, economics or similar discipline required.
- Significant experience in finance controllership with a substantial number of years of management responsibilities, from within the insurance sector, ideally broking or underwriting.
- Ability to provide and oversee financial information for the region functions and infrastructure including firm wide initiatives. Ability to lead and drive change within a transforming and matrixed organization and to streamline and standardize financial activities and procedures to improve efficiency.
- Understanding of Oracle Financials: GL and Hyperion Essbase
What makes you stand out?
- Knowledge of the Fiduciary environment a plus.
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh.com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
Job ID: 84353825
Please refer to the company's website or job descriptions to learn more about them.
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