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Finance Manager

  1. London
  2. Full-time
  3. Finance

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3029_16438

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Company Description

Legal & General looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.

Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members’ retirement benefits.

Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.


Job Description

We have a fantastic opportunity for a Qualified Accountant to join the Finance Team of our Institutional Retirement (IR) Division in an exciting new role that has been created due to continued business growth.

As a Finance Manager you will support with new developments and initiatives such as new products, new asset classes and structures. Which will include deriving the accounting treatment and driving process changes to accommodate these developments.

You will also drive wider-scale process improvements and participate in large change and transformation projects as required. Additionally, you will also support the team in reporting deliverables during peak times (or as required).

This a hybrid working opportunity, which means that you split your time by working flexibly between our London or Hove Offices and your home, to find a work-life balance that works for you.

What you'll be doing:

  • Supporting the business with new developments and day-to-day changes in the existing business including - but not limited to - new/ amended products, complex new business transactions and new asset classes. Your involvement will range from deriving the accounting treatment through to process implementation.
  • Supporting the IR Finance Team in delivering improvements to existing processes by continuously identifying opportunities to improve our financial tools and processes.
  • Developing an in-depth awareness of Institutional Retirement’s business and financial results to aid consistent and accurate reporting of results through group and divisional reporting.
  • Supporting with the day-to-day operations of the financial accounting processes run by IR Finance. This includes performing necessary controls, reconciliations, and reviews of Accounting Operations outputs and identifying / addressing concerns to ensure ongoing integrity of results.
  • Supporting the planning of financial reporting activities including the monitoring of accounting inputs into the team and production of accounting deliveries to the wider L&G Group. This includes ensuring compliance with deadlines by effectively communicating within both the IR Division and Group Finance.
  • Ensuring that the appropriate reporting strategies, policies, processes, systems and controls are in place, and that the risks and issues are identified and escalated as required, to ensure that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policies.
  • Working with the Directors to ensure that the appropriate metrics and Finance MI are in place to provide support to the Business so that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policies.

Qualifications

Who we're looking for:

  • A Qualified Accountant (preferably under either ACA or ACCA, however we are open to other qualifications too)   
  • Strong Technical Accounting experience.
  • A growth mindset with the ability to see the bigger picture / longer-term vision of the work we are doing, who will embrace a constantly changing environment and relish an opportunity to shape the future.
  • Excellent communication and interpersonal skills, with the ability to build relationships and interact effectively at all levels.
  • Previous experience working within a change and transformation environment would be highly desirable.
  • Previous experience in either Insurance Accounting and/ or Asset Accounting would also be highly desirable.
  • Good knowledge of Financial Reporting Metrics, particularly IFRS.
  • A solid understanding of risk and regulatory requirements.
  • Previous experience working within UK (& Ireland) Financial Reporting in either practice or industry.
  • Strong financial analysis and reconciliation skills.

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
  • At least 27 days holiday, plus public holidays. 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 group and major global investor, 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 aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming 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.

If you’re open to find out more, we'd love to hear from you.

Great news! We will let you know when a new job like this has been added!

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