Life Finance Manager

Life Finance Manager

Contract length: 6 Months

Location: Kingswood

Department: Finance

Job type: Contract

Your role

The role is to act as financial controller for Fidelity’s UK Life Insurance business, managing £40bn of pension assets on behalf of UK based schemes and members. The role involves reporting to FIL Life UK management as well as financial, board and regulatory reporting.  The FIL Life entity forms a large part of the FIL Limited Group balance sheet and is highly visible to senior management, the Board and Audit Committee and the regulated status means that strong effective controls must be maintained.  The role also involves working with the workplace investing, treasury, tax, risk and compliance teams to support the governance framework for FIL Life.

• Supporting the FIL Life Financial Controller and the FIL Life CFO (SMF 2) and the Board of the UK Life company with financial and regulatory matters

• Working with Treasury, the FIL Life Financial Controller and the Workplace Investing transitions team in planning the accounting and liquidity impacts of corporate actions. 

• Preparing monthly financial results for the UK Life Company

• Production of statutory report & accounts and regulatory financial returns for the Life Company

• Maintaining and implementing the Life Company’s capital management policy including the development of capital assessments under the current regime and Solvency II

• Supporting the Actuary ensuring they have access to all information needed to execute their responsibilities

• Ensuring completeness and accuracy of the transfer pricing agreements with other group companies

• Liaison with the Company’s auditors to drive improvements in the audit process

• Overseeing the monthly reconciliation of all balance sheet accounts 

• Oversight of the Company’s bank accounts and liquidity requirements

• Working with the FIL Life Financial Controller to drive a transformation agenda to achieve best in class end to end financial control

Your skills

• Qualified accountant with relevant post-qualification experience in the life insurance industry

• Highly motivated with ambition to make a significant contribution to building the business

• Strong financial reporting knowledge and awareness of current accounting issues

• Ability to balance attention to detail, to ensure accurate reporting and reconciliation, and also to see the bigger picture with regard to financial transactions

• Strong communication and leadership skills with the ability to interact effectively at all levels

• Understanding of Solvency II

Why Fidelity

Fidelity International offers investment solutions and services, and retirement expertise to more than 2.56 million customers around the world. As global leaders, operating in more than 25 locations and with $783.6 billion in total assets, they continually push the boundaries of technology to build an even stronger business. 

Rewards and benefits 

As well as the prestige of working for a global financial services player, you’ll work with some of the smartest tech, expanding your skills and building your experience.  Also, as a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life.

Inclusion and diversity

Fidelity is proud of its achievements as an equal opportunities employer. They care deeply about creating a supportive place where all people feel valued and free to be themselves. A commitment to Diversity and Inclusion is not only right, it's critical for a healthy culture and leads to better business outcomes. That’s why Fidelity has an environment where all differences are welcomed and celebrated.

The Randstad companies are responsible for finding and contracting talent for project roles at Fidelity International. If you are selected for a role, you will be employed by a Randstad company, and will not be an employee of Fidelity International