Financial Controller

Isle of Man
Permanent
Our client seeks a Financial Controller to join their team.
Role Profile:  To manage the financial operations of the organisation, ensuring the accuracy, integrity, and reliability of financial reporting. 
 
Key Responsibilities:
  • Management of the preparation and presentation of accurate and timely financial statements, and other accounting records in accordance with the relevant accounting standards, rules and regulations.
  • Support in identification, assessment, and mitigation of financial risks, and report on these financial risks to senior colleagues.
  • Development and maintenance of a robust system of internal controls to safeguard assets, ensure that there is no fraudulent misreporting, and ensure the accuracy of financial data, including regular assessment of the effectiveness of internal controls addressing any weaknesses or gaps.
  • Development and implementation of up-to-date financial policies and procedures to ensure consistent and effective financial practices across the organisation.
  • Management of the selection, implementation, and maintenance of financial systems and software applications, including collaboration with IT colleagues to integrate financial systems with other enterprise systems.
  • Preparation and submission of statutory and regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.
  • Coordination with external auditors and regulatory authorities in support of audits and examinations.
  • You will play a critical role in ensuring the accuracy and integrity of financial reporting for the Crown Dependency branches of the Bank. Your responsibilities include preparing financial information for Group reporting, meeting regulatory and tax compliance requirements, and providing timely insights for country management committees.
  • You will oversee day-to-day financial operations while helping to identify and mitigate financial risks across Crown Dependency operations. You will work collaboratively with a team of Crown Dependency Financial Controllers and outsourced service providers to deliver exceptional results while driving initiatives to simplify processes and deliver transformation.
Additional Duties:
  • To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
  • Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
  • If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard.
  • OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
  • Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
  • Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
  • Take ownership for managing risk and strengthening controls in relation to the work done.
  • Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
  • Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
  • Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
  • Influence or convince stakeholders to achieve outcomes.
 
Key Skills and Experience:
  • Be a qualified accountant with experience working in Financial Services, Private Bank/Wealth Management experience desirable.
  • Have experience working within a Financial Control function, including exposure to regulatory reporting, or have gained equivalent experience through a Business Analyst role within Finance, supporting Financial Control or Regulatory Reporting activities, with demonstrable ownership of financial data integrity, controls, and regulatory or external reporting processes, alongside delivery of systems and process change initiatives.
  • Be resilient and adaptable, at ease in navigating and contributing effectively within a large Financial Services setting.
  • You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.
Your specialist: Debbie Amankwa
Quote job ref: 16437

Hi, I'm Debbie and I look forward to receiving your submission for this fantastic opportunity with this business.

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