Group FCF Lead

Role Summary

Financial Control Framework (FCF)

The role will support the end‑to‑end FCF lifecycle across the organisation. This includes assisting with scoping activities, helping identify and assess risks, supporting the design and documentation of controls, and contributing to control testing and monitoring. The role will also help track issues, follow up on remediation actions, and support governance reporting. The successful candidate will play a key part in monitoring control performance, identifying gaps, and working with stakeholders to ensure timely and effective remediation, contributing to a strong and reliable control environment.

PMO & Project Support

The role will support the delivery of key finance and governance initiatives by maintaining structured project oversight and actively contributing to project activities. Responsibilities include tracking milestones, maintaining project documentation, updating RAID logs, and preparing clear and consistent reporting for stakeholders. In addition to coordination tasks, the role will contribute directly to project deliverables under guidance from senior team members, helping drive progress and ensuring project outputs are delivered to the required standard. This role will help enforce governance standards, support accountability against timelines, and ensure effective communication and transparency across all project activities.

Key Responsibilities

Financial Control Framework Activities

Partner with process and control owners to support the development and maintenance of effective financial control processes and procedures that mitigate material financial reporting and fraud risks

Assist in ensuring overall process documentation is complete, accurate, and compliant with the FCF

Support annual FCF scoping exercises and risk refreshes, helping to identify, assess, and document key risks and controls

Contribute to process deep dives to ensure the FCF remains effective, up to date, and aligned with business changes

Control Design, Testing & Monitoring

Support the evaluation of control design and operating effectiveness in line with FCF requirements

Develop the annual validation plan and perform validation testing across business-critical processes

Review reconciliation processes and associated controls to ensure adherence to policy

Support review of ITGC and EUCA validation testing and assess implications for the FCF and Internal Controls over Financial Reporting (ICOFR)

Use key management information (incidents, assurance reports, project impacts, etc.) to understand control and operational risks affecting process performance

Issue Management & Remediation

Track, monitor, and help drive timely remediation of control deficiencies through action logs and follow‑up with owners

Ensure remediation actions are sustainable and effectively mitigate material risks, including identifying compensating controls where required

Liaise with Group Internal Audit (GIA) to understand the impact of identified weaknesses on the FCF and support remediation planning

Governance, Reporting & GRC Management

Co-ordinate the quarterly Control & Process Owner sign‑off cycle within the GRC portal

Coordinate updates and changes within the GRC system to ensure accurate and timely information

Produce quarterly MI dashboards and reporting for Controllership, Risk and Audit Committees

Support management of Risk Acceptances (RA) and Remediation Plans Agreed (RPA)

Assist in managing external audit review activities related to ICOFR

Change & Project Support

Partner with the business during change programmes to ensure the financial control environment is maintained and strengthened

Identify opportunities to improve control robustness and process efficiency during transformation or system changes

Apply critical thinking to assess risks, issues, and process changes, ensuring controls remain effective and aligned to material risk mitigation

PMO & Project Support Activities

Project Coordination & Delivery Support

Support the delivery of key finance and governance projects by contributing to project tasks, analysis, and preparation of deliverables

Assist with day‑to‑day project activities to ensure progress against timeline

Help coordinate project meetings, prepare agendas, capture minutes, and follow up on actions

Project Tracking & Oversight

Maintain and update project plans, schedules, and milestone trackers

Monitor progress against key deliverables and escalate delays or risks where required

Maintain RAID logs (Risks, Assumptions, Issues, Dependencies) and ensure timely updates from stakeholders

Documentation & Governance

Ensure all project documentation is complete, accurate, and stored in line with governance standards

Support adherence to project governance frameworks, including stage gates, approvals, and reporting cycle

Assist in preparing project governance packs, steering committee materials, and status reports

Reporting & Stakeholder Communication

Prepare clear and consistent project reporting, including dashboards, progress summaries, and risk updates

Support communication across stakeholders to ensure transparency and alignment

Help track and report on project KPIs, timelines, and resource needs

Risk & Issue Management

Support identification, logging, and monitoring of project risks and issues

Follow up with owners to ensure timely mitigation and resolution

Contribute to impact assessments and support escalation processes where required

Change & Implementation Support

Assist with project implementation activities, including testing, training coordination, and readiness assessments

Support change management activities such as stakeholder engagement, communications, and documentation updates

Help ensure project changes do not negatively impact financial controls or governance standards

Knowledge / Capabilities / Competencies / Skills Required

Professional Qualifications & Experience

Qualified accountant or experienced internal/external auditor, ideally with financial services or insurance industry experience

Strong understanding of financial processes, reporting cycles, and feeder/business systems

Experience interpreting risks and controls, assessing control design and operating effectiveness, and forming clear, evidence‑based conclusions

Experience working with complex data sources and assurance information to evaluate control environments and identify improvement opportunities

Experience providing technical guidance on controls to process and control owners

Familiarity with governance, risk, and compliance (GRC) tools and frameworks

Experience with reconciliation processes, ITGCs, EUCAs and ICOFR

Fluency in English is essential

Technical & Analytical Skills

Ability to interpret, investigate, and challenge complex and disparate data to understand risks, control performance, and assurance levels

Strong analytical and problem‑solving skills, with the ability to form sound judgments in high‑pressure or time‑sensitive situations

Ability to assess process and control design, identify weaknesses, and recommend practical remediation actions

Strong capability to evaluate the implications of audit findings, incidents, and assurance results on the financial control environment

Communication & Stakeholder Engagement

Effective communicator, both written and verbal, with the ability to tailor messages to different audiences

Confident stakeholder engagement skills, with the ability to influence, challenge constructively, and drive accountability

Ability to communicate risk, control findings, and remediation requirements clearly and appropriately to support decision‑making

Comfortable raising issues, escalating concerns, and seeking guidance where needed to ensure the right outcomes

Behavioral Attributes

Confident in challenging stakeholders to uphold integrity and robustness in the financial control environment

Strong critical‑thinking skills with the ability to delve deeply into processes, risks, and issues

Commitment to ethical practices and maintaining a strong control culture

Initiative-taking, self‑driven, and comfortable working independently as well as collaboratively

Resilient and adaptable, with the ability to work across multiple priorities and deadlines

Educational Qualifications / Professional Experience

Educational Qualifications

Bachelor's degree in finance, Accounting, or a related field

Advanced degree (e.g., MBA, MSc Finance) or professional certifications (e.g., CPA, ACCA, CIA, CISA) preferred

Professional Experience

Minimum of 5 years of experience in the insurance or financial services industry

Experience in financial controls, internal/external audit, risk management, or governance functions is advantageous

Exposure to project management or PMO environments is a plus.