Company Description
We are Legal & General Investment Management (LGIM), the asset-management arm of Legal & General Group. Our purpose is to create a better future through responsible investing. We strive to achieve this through a strong sense of partnership with our clients, working together to achieve positive long-term outcomes. We draw on industry-leading expertise to innovate constantly across public and private assets, index and active strategies. And we are a responsible investor, rising to the challenges of a rapidly changing world.
We are truly international, present where our clients need us. Our teams around the world are highly dedicated, professional and collaborative and we draw strength from our diversity of talent. We are clear on what we stand for and our commitment to inclusivity anchors our behaviours.
Job Description
We’re recruiting for a an Assistant Finance Manager to join our International Reporting team within Legal and General Investment Management division in Cardiff.
The role holder is responsible for undertaking reporting activities within LGIM Finance. They will be responsible for the preparation of monthly management accounts and reporting for LGIM entities including LGIM Europe, European branches and other UK and overseas entities. They will be required to analyse data and prepare financial reporting packs to a high standard. The role holder will also be responsible for preparing regulatory reporting outputs, quarterly board financial reporting packs and annual financial statements for the entities they are responsible for. They will be required to build an excellent knowledge of the entities themselves, as well as understanding the entities’ interactions with the wider LGIM Division to allow them to support the Financial Controller in managing the entity in respect of the financials, cashflow forecasting and capital monitoring. An increase focus on entity-driven financial reporting across LGIM Division makes this an exciting, challenging role with future progression opportunities for the right candidate.
What we are looking for
- You will take responsibility for month end BAU including the preparation of month end accounting journals to accurately reflect investment activity, monthly accruals, foreign currency adjustments and consolidation postings.
- You will prepare detailed monthly reporting packs that highlight the key drivers of performance of the entities. Analyse the data to highlight any areas for investigation and liaise with other teams including revenue or expenses teams to ensure accuracy of data.
- You will demonstrate thorough understanding of the balance sheet of each entity and ensure the swift investigation of unexpected items through liaising with the relevant teams.
- You will prepare the quarterly financial reporting packs for submission to the entity Board meetings.
- Prepare monthly and quarterly regulatory submissions ensuring the returns are accurate and prepared on a timely basis.
- You will have responsibility for preparation of annual statutory accounts and liaising with external auditors to ensure thorough responses are provided to any questions raised during the audit process.
- You will have an understanding the budget drivers for the entities, undertaking cashflow forecasting and capital monitoring.
- In conjunction with the Group Tax team, ensure that taxes (including corporation tax and VAT) are accounted for accurately in the applicable entities’ ledger
Qualifications
Who we're looking for:
- Take responsibility for month end BAU including the preparation of month end accounting journals to accurately reflect investment activity, monthly accruals, foreign currency adjustments and consolidation postings.
- Prepare detailed monthly reporting packs that highlight the key drivers of performance of the entities. Analyse the data to highlight any areas for investigation and liaise with other teams including revenue or expenses teams to ensure accuracy of data.
- Demonstrate thorough understanding of the balance sheet of each entity and ensure the swift investigation of unexpected items through liaising with the relevant teams.
- Prepare the quarterly financial reporting packs for submission to the entity Board meetings.
- Prepare monthly and quarterly regulatory submissions ensuring the returns are accurate and prepared on a timely basis.
- Responsibility for preparation of annual statutory accounts and liaising with external auditors to ensure thorough responses are provided to any questions raised during the audit process.
- Understanding the budget drivers for the entities, undertaking cashflow forecasting and capital monitoring.
- In conjunction with the Group Tax team, ensure that taxes (including corporation tax and VAT) are accounted for accurately in the applicable entities’ ledger
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are the many discounts we offer – both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information
Legal & General is a leading financial services organisation, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.
We’re one of the world's largest asset managers, homebuilders, pension providers and insurers. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued.
If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
If you’re open to find out more, we'd love to hear from you.
