Job Description
Full job description
Process and Controls Governance Lead
Location: London
Contract Type: Permanent
Work Pattern: Full Time and Hybrid
Our Finance team has a key position in our evolving business. The team is pivotal to our financial and regulatory reporting as well as supporting the Finance Transformation and Controls governance uplift. This role plays a key part in supporting the Head of Finance Operations, Transformation and Controls Governance to establish a controls framework over reporting while ensuring that our People and Process design for the Target operating Model (TOM) is effective and efficient.
The Finance Transformation team covers Systems and Data, People and Process as well as Governance & Control. This role will be pivotal in helping to support the organisational design of the future state Finance and Actuarial team, ensuing the process design across the wider teams is efficient and considers risk and controls as part of the design. You will support the wider team in Operations as well as Actuarial and Capital and Investments, to ensure that our TOM is well designed. You will work closely with the Transformation Systems and Data team to ensure that process design considers the target state systems for Finance and that data issues are highlighted and considered in process design.
The team will ensure that the appropriate control framework is in place across Financial reporting as well as the other processes and accountabilities relevant for F&A.
Your role will cover ensuring policy and governance is well defined, applied appropriately by the F&A teams, that risks being managed within our processes and procedures are well understood, and have effective controls in place. You will be a key SME that will help F&A design effective controls and ensure that these are properly tested on a regular and ongoing basis. You will drive excellence in risk management and will help ensure that appropriate reporting around our overall control environment is in place, that the leadership team has the right data and information on our risk and controls environment to allow effective decision making.
You will work closely with all the F&A teams, the broader Operations, Claims and Underwriting teams and also with our line 2 risk colleagues as well as internal audit.
About The Job
What you’ll spend your time doing:
Design the Treasury operating model working with the Head of Capital and Investments and the AUL Financial Controller – transfer back to AUL of the activities from AIML
Support the design of the Investment Operations function
Oversight of new WDT processes and controls to ensure appropriate risk and controls assessment
You will be the Finance lead on Operational handoffs between Claims, and Ops incl SLAs for GENPACT or BPO
Review all Lloyds committees ensure right attendance
Ensure correct notifications for Lloyds submissions
Lloyd's reporting – detailed review of all Lloyds reporting and clear ownership model defined
Supporting the AUL financial Controller on organisational design as well as Actuarial and other parts of Finance undergoing TOM changes
Build out a view of the Future skills of Finance and Actuarial working with HR L&D
Oversight of process design as part of all change initiatives to ensure adequate R&C review – working alongside the BAU Change team
Co-ordinate and run the pre-close DQ forum for Data Governance
Manage the KPMG, Risk and Internal audit relationships
Oversee the completion of the remaining Finance processes (for FSLIs) by BAU teams to complete by Year end
Follow through all control uplifts identified by the programme
Work with Underwriting controls team to identify the controls over Subscribe that the UWs reply on for accuracy of policy data
Close the KPMG MLP on data controls outside of finance
Support the Head of Finance operations, Transformation and Controls governance to set up the strategic functions of a controls office:
Policy and Governance:
Finance policies and Standards and risk appetite statement
Liaise with L2 / L3 L2 Review plans / Audit plans and methodology requirements
Manage agenda for FRCF in Finance Risk Committee (or equivalent)
Risk and Controls Assurance:
Controls design and testing methodology
Maintain Controls taxonomy / advise on control design
Monitoring and challenge on L1 testing
Conduct ongoing review of process libraries
Ensure ownership of risks and controls across Finance appropriate and complete
Monitor Emerging risks
Issues and Incident Management
Oversight of all issues and incidents owned across Finance
Risk in Charge (RiC)
Align RiC with broader Change team in operations
Support Finance teams to execute risk in change assessment as part of all change programmes
You’re going to enjoy this job if you…
Are a strong problem solver who enjoys thinking through the best way of manging risk and controls
Have an inquisitive mind and question what you are doing and why
Can communicate complicated concepts effectively in person and in writing
Have a high attention to detail and accuracy
Think strategically about implications and the potential for impact
Are passionate about F&A delivering excellence in risk management
Skills, Experience and Qualifications:
Education and Experience:
Qualified accountant or actuarial qualification
Audit experience (either internal or external)
Familiarity with the data requirements for finance processes and reporting
Risk experience in covering line 1 risk accountabilities and or Line 2 Risk experience
Excellent stakeholder management capabilities and the ability to influence challenging stakeholders.
Strong understanding of business processes and organisational structures with transformation experience.
Understanding of working in change delivery, milestone and deliverables based programmes
10+ yrs post qualifying
Skills:
Analytical and critical thinking
Strong Communication skills
Experience in process optimization and efficiency.
Strong technical skills, particularly in finance systems and technology.
Results-driven and goal-oriented
Adaptable and flexible, with a proactive approach to problem-solving.
Process and Controls Governance Lead
Location: London
Contract Type: Permanent
Work Pattern: Full Time and Hybrid
Our Finance team has a key position in our evolving business. The team is pivotal to our financial and regulatory reporting as well as supporting the Finance Transformation and Controls governance uplift. This role plays a key part in supporting the Head of Finance Operations, Transformation and Controls Governance to establish a controls framework over reporting while ensuring that our People and Process design for the Target operating Model (TOM) is effective and efficient.
The Finance Transformation team covers Systems and Data, People and Process as well as Governance & Control. This role will be pivotal in helping to support the organisational design of the future state Finance and Actuarial team, ensuing the process design across the wider teams is efficient and considers risk and controls as part of the design. You will support the wider team in Operations as well as Actuarial and Capital and Investments, to ensure that our TOM is well designed. You will work closely with the Transformation Systems and Data team to ensure that process design considers the target state systems for Finance and that data issues are highlighted and considered in process design.
The team will ensure that the appropriate control framework is in place across Financial reporting as well as the other processes and accountabilities relevant for F&A.
Your role will cover ensuring policy and governance is well defined, applied appropriately by the F&A teams, that risks being managed within our processes and procedures are well understood, and have effective controls in place. You will be a key SME that will help F&A design effective controls and ensure that these are properly tested on a regular and ongoing basis. You will drive excellence in risk management and will help ensure that appropriate reporting around our overall control environment is in place, that the leadership team has the right data and information on our risk and controls environment to allow effective decision making.
You will work closely with all the F&A teams, the broader Operations, Claims and Underwriting teams and also with our line 2 risk colleagues as well as internal audit.
About The Job
What you’ll spend your time doing:
Design the Treasury operating model working with the Head of Capital and Investments and the AUL Financial Controller – transfer back to AUL of the activities from AIML
Support the design of the Investment Operations function
Oversight of new WDT processes and controls to ensure appropriate risk and controls assessment
You will be the Finance lead on Operational handoffs between Claims, and Ops incl SLAs for GENPACT or BPO
Review all Lloyds committees ensure right attendance
Ensure correct notifications for Lloyds submissions
Lloyd's reporting – detailed review of all Lloyds reporting and clear ownership model defined
Supporting the AUL financial Controller on organisational design as well as Actuarial and other parts of Finance undergoing TOM changes
Build out a view of the Future skills of Finance and Actuarial working with HR L&D
Oversight of process design as part of all change initiatives to ensure adequate R&C review – working alongside the BAU Change team
Co-ordinate and run the pre-close DQ forum for Data Governance
Manage the KPMG, Risk and Internal audit relationships
Oversee the completion of the remaining Finance processes (for FSLIs) by BAU teams to complete by Year end
Follow through all control uplifts identified by the programme
Work with Underwriting controls team to identify the controls over Subscribe that the UWs reply on for accuracy of policy data
Close the KPMG MLP on data controls outside of finance
Support the Head of Finance operations, Transformation and Controls governance to set up the strategic functions of a controls office:
Policy and Governance:
Finance policies and Standards and risk appetite statement
Liaise with L2 / L3 L2 Review plans / Audit plans and methodology requirements
Manage agenda for FRCF in Finance Risk Committee (or equivalent)
Risk and Controls Assurance:
Controls design and testing methodology
Maintain Controls taxonomy / advise on control design
Monitoring and challenge on L1 testing
Conduct ongoing review of process libraries
Ensure ownership of risks and controls across Finance appropriate and complete
Monitor Emerging risks
Issues and Incident Management
Oversight of all issues and incidents owned across Finance
Risk in Charge (RiC)
Align RiC with broader Change team in operations
Support Finance teams to execute risk in change assessment as part of all change programmes
You’re going to enjoy this job if you…
Are a strong problem solver who enjoys thinking through the best way of manging risk and controls
Have an inquisitive mind and question what you are doing and why
Can communicate complicated concepts effectively in person and in writing
Have a high attention to detail and accuracy
Think strategically about implications and the potential for impact
Are passionate about F&A delivering excellence in risk management
Skills, Experience and Qualifications:
Education and Experience:
Qualified accountant or actuarial qualification
Audit experience (either internal or external)
Familiarity with the data requirements for finance processes and reporting
Risk experience in covering line 1 risk accountabilities and or Line 2 Risk experience
Excellent stakeholder management capabilities and the ability to influence challenging stakeholders.
Strong understanding of business processes and organisational structures with transformation experience.
Understanding of working in change delivery, milestone and deliverables based programmes
10+ yrs post qualifying
Skills:
Analytical and critical thinking
Strong Communication skills
Experience in process optimization and efficiency.
Strong technical skills, particularly in finance systems and technology.
Results-driven and goal-oriented
Adaptable and flexible, with a proactive approach to problem-solving.
💡 Quick Summary
Seeking a career-building opportunity? The Process and Controls Governance Lead position is now open for candidates interested in the Accountant Jobs sector. This role in London offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
