Financial Controller

Your role as the FC will be to manage the IBA department including a team of credit controllers, treasury assistants and insurer reconciliations clerks.· Responsible for the annual client money audit and be the key contact for all audit liaison

· Ensure fully compliant within FCA regulations - mitigate exposure to CASS 5 breaches.

· Continuous improvement and documentation of IBA controls and procedures.

· Review/perform client money calculation is performed in accordance with CASS 5.

· Review bank reconciliations for the various IBA bank accounts.

· Chair monthly meetings to discuss all aspects of IBA i.e. aged debt, unallocated cash, bad debts, funding etc…

· Responsible for producing detailed aged debt reports in accordance with month end timetable.

· Responsible for producing client by client rec in accordance with audit and annual requirements.

· Responsible for producing balance sheet reconciliation for all IBA balances.

· Ensure on-going completeness and integrity of data produced by insurance system.

· Ensure prompt month-end close.

· Assisting team with managing complex client ledgers.

· Ensure timely collection of monies and payment to underwriters accordingly.

· Manage projects (including legacy balances).

· Matching and resolving unallocated cash and claims balances.

· Ensure monthly broker statements sent out in timely manner.

· Project lead the implementation of new insurance system.

· Liaise and establish good relationships with external brokers.