Insurance Financial Control Assistant Manager Bristol, England
Lloyds Banking Group
Full Time
Bristol, England
38232 - 42480 GBP ANNUAL Today
Job description
End Date
Tuesday 23 May 2023
Salary Range
£38,232 - £42,480Agile Working Options
Job Description Summary
At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best Financial Services provider for our customers. Through our brands, our Group has a relationship with just about every household and community in the UK. We underpin the lives of millions of individuals and businesses and play a key role in helping to build a growing UK economy.You'll join us in Group Finance Support (GFS), a team of c600 colleagues within the Finance Division, providing centralised support and expertise to the rest of Finance and the Business.
This role sits within the Insurance Financial Control team in Group Finance Support, who are responsible for the financial control activity, primarily reconciliation and basis of substantiation of Finance data, within Lloyds Banking Group.
We are looking for an enthusiastic and hardworking candidate to lead a team looking after a number of source system and other reconciliation and financial control processes.
The candidate’s responsibilities will include:
- Supporting the operations of the team including, ensuring daily and regular deadlines are met, managing reconciliation issues and working with the wider Financial Control team to ensure that process work efficiently and in controlled manner;
- Contributing to the month end process, including the monthly balance sheet reconciliation and substantiation process, including Integrity certification and the assurance of the ledger at month end;
- Taking ownership of control issues or balance sheet breaks, ensuring that these are owned and remediating action plans are in place;
- Collaborating closely with a large number of internal teams including stakeholders other GFS and Insurance Finance teams. In addition there will be extensive liaison with Divisional Business and Operations teams, Finance Platform colleagues and external auditors;
- Supervising, supporting and coaching junior colleagues in their operational tasks and wider development
- Working with Finance Platform, and other Change teams to ensure that Financial Control matters are considered in Transformation, including managing the ongoing change impact on source system reconciliations;
- Developing personal capabilities using existing formal and informal training opportunities;
- Proactively identifying improvements to existing processes, systems and procedures, including the running of debrief meetings and driving continuous improvement initiatives;
- Accountancy qualification/part qualified accountant or qualified by experience
- Passion for Financial control and questioning mindset;
- LBG Systems knowledge;
- Strong stakeholder management
- Team player
So what can we offer you in return?
In line with our strategy to be the Best Bank for Colleagues, we encourage a culture of professional development. You'll have numerous opportunities to stretch and develop beyond core role responsibilities. In addition, recognition for colleague contribution and performance is an extremely meaningful element of our colleague charter.
You'll be rewarded with excellent benefits, personal development and a career that’s enriching and full of opportunity!
As well as a competitive salary, you’ll receive:
- A Discretionary Performance Share Award
- Generous pension contribution
- 30 Days leave plus bank holidays
- Private health cover
- Share Schemes
We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We support the principles of agile working and are happy to consider flexible working arrangements. We're an equal opportunity employer and deeply value diversity within our organisation.
Together we make it possible.
Job Description
At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best Financial Services provider for our customers. Through our brands, our Group has a relationship with just about every household and community in the UK. We underpin the lives of millions of individuals and businesses and play a key role in helping to build a growing UK economy.
You'll join us in Group Finance Support (GFS), a team of c600 colleagues within the Finance Division, providing centralised support and expertise to the rest of Finance and the Business.
This role sits within the Insurance Financial Control team in Group Finance Support, who are responsible for the financial control activity, primarily reconciliation and basis of substantiation of Finance data, within Lloyds Banking Group.
We are looking for an enthusiastic and hardworking candidate to lead a team looking after a number of source system and other reconciliation and financial control processes.
The candidate’s responsibilities will include:
- Supporting the operations of the team including, ensuring daily and regular deadlines are met, managing reconciliation issues and working with the wider Financial Control team to ensure that process work efficiently and in controlled manner;
- Contributing to the month end process, including the monthly balance sheet reconciliation and substantiation process, including Integrity certification and the assurance of the ledger at month end;
- Taking ownership of control issues or balance sheet breaks, ensuring that these are owned and remediating action plans are in place;
- Collaborating closely with a large number of internal teams including stakeholders other GFS and Insurance Finance teams. In addition there will be extensive liaison with Divisional Business and Operations teams, Finance Platform colleagues and external auditors;
- Supervising, supporting and coaching junior colleagues in their operational tasks and wider development
- Working with Finance Platform, and other Change teams to ensure that Financial Control matters are considered in Transformation, including managing the ongoing change impact on source system reconciliations;
- Developing personal capabilities using existing formal and informal training opportunities;
- Proactively identifying improvements to existing processes, systems and procedures, including the running of debrief meetings and driving continuous improvement initiatives;
We are looking for a candidate with the following:
- Accountancy qualification/part qualified accountant or qualified by experience
- Passion for Financial control and questioning mindset;
- LBG Systems knowledge;
- Strong stakeholder management
- Team player
So what can we offer you in return?
In line with our strategy to be the Best Bank for Colleagues, we encourage a culture of professional development. You'll have numerous opportunities to stretch and develop beyond core role responsibilities. In addition, recognition for colleague contribution and performance is an extremely meaningful element of our colleague charter.
You'll be rewarded with excellent benefits, personal development and a career that’s enriching and full of opportunity!
As well as a competitive salary, you’ll receive:
- A Discretionary Performance Share Award
- Generous pension contribution
- 30 Days leave plus bank holidays
- Private health cover
- Share Schemes
In return for your expertise, we'll help you perform at your best today, so you can fulfil all your potential in the future.
We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We support the principles of agile working and are happy to consider flexible working arrangements. We're an equal opportunity employer and deeply value diversity within our organisation.
Together we make it possible.
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
