Financial Reporting Manager

The Role: 

As a Financial Reporting Manager, your role will be to lead the production of quality, timely and consistent Report and Financial Statements for the Life and associated companies in accordance with relevant accounting standards and agreed timetables.

Key Accountabilities:

To lead the production of quality, timely and consistent Solvency II QRTs, NSTs and coordinate narrative reporting for the Life companies in accordance with the relevant regulatory standards, guidance and agreed timetables.

To lead the production of quality, timely and consistent financial reporting as an input to the Group reporting process for the purposes of the preparation of a Life sub-consolidation and ultimately the Phoenix Group Holdings Consolidated accounts.

To lead the production of quality, timely and consistent Life Company regulatory and statistical returns.

To lead the production of quality, fit for purpose Life Company trial balances across all reporting bases 

(IFRS & Solvency II) that are available for financial reporting purposes and supported by high quality and consistent analytical review.

To lead the production of commentaries and briefings for each set of Group submissions, entity accounts and Solvency II returns for use by senior management and statutory boards.

To have a strong understanding of the financial aspects of the life business and leverage this knowledge lead the team in managing in the identification of weaknesses in the financial reporting inputs.

To support the statutory audit process to ensure that the key issues are identified in a timely manner and adequate time is allowed for the escalation and resolution of issues.

Proactively support the integration of strategic and ongoing business developments including changes to statutory and regulatory reporting requirements. Where relevant, liaise with other business areas within Phoenix Life Division and/or other Group functions (e.g. Fund Accounting, tax, actuarial etc.) to develop, test and implement revised systems/processes in accordance with relevant project plans.

To manage and develop members of the team.

To build and maintain a continuous improvement culture within the Team so that ongoing improvements to the reporting environment which improve speed and accuracy of reporting are sought, and implemented, on an ongoing basis.

To ensure a robust control environment is maintained including, up to date procedural documentation, compliance with the local controls policy and risk framework which is appropriately evidenced.

To liaise on an ongoing basis with the Fund Accounting, Investment Accounting, Actuarial and Tax Teams to ensure the integrity of the ledger for each Fund and Company.

Skills and Experience:

You should also be able to demonstrate:

Significant experience of Life Company Accounting and Reporting.

Good professional impact and credibility.

Ability to communicate confidently, asserting influence at all levels and across functions.

 Ability to communicate with other areas of the business and able to present information requests and financial data in an easily understandable manner.

Excellent organisational ability.

Ability to work under pressure to tight deadlines.

N.B. When on the Phoenix Careers site, first time visitors will be asked to register before applying.

Closing date: Midnight, Friday 12th June 2020.