Financial Management Specialist

2 weeks ago


Brighton, Brighton and Hove, United Kingdom LegalAndGeneral Full time

Role Overview

We are seeking an experienced Expense Accountant to join our Retail Division on a 12-month fixed-term contract. As an Expense Accountant, you will play a crucial role in supporting the delivery of Group Protection financial targets by providing proactive financial and management accounting services to the Group Protection business.

Key Responsibilities

  • Financial Reporting: Produce monthly and quarterly reports and management information packs for senior management meetings to aid decision-making and achieve business financial targets.
  • Financial Analysis: Manage monthly reconciliation and analysis of Insurance MER data and projected direct expenses and FTE positions, highlighting trends and risks against Full Year Forecast and Budget.
  • Expense Management: Ensure robust processes are in place to track and report benefits and provide support in the production and benefit tracking of the Group Protection Investment Portfolio when required.
  • Financial Control: Monitor and report monthly spend in relation to Insurance, including processing relevant accruals to Group Protection and Group funding cost centres.
  • Forecasting: Support the quarterly forecast by providing accurate and timely management information.
  • Financial Governance: Maintain and monitor robust accounting standards, policies, and financial controls across the team to ensure compliance with the Group Standards, statutory requirements, and the control framework.

Requirements

  • Qualifications: Part-qualified accountant or equivalent experience.
  • Industry Knowledge: Good knowledge of the Financial Services industry and the performance metrics used within the industry.
  • L&G Products: Understanding of L&G's core Life, Pensions, and UT/ISA product set, including awareness of product features, characterisations, purpose, and profit/expense dynamics.
  • Business Acumen: Ability to develop and maintain strong relationships with individuals at all levels across an organisation and influence others to achieve business objectives.

What We Offer

  • Performance-Related Bonus: Opportunity to participate in our annual, performance-related bonus plan.
  • Pension Scheme: Generous pension contribution.
  • Life Assurance: Comprehensive life assurance.
  • Holiday Entitlement: At least 25 days holiday, plus public holidays, 26 days after 2 years' service.


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