Description
Interim Part-Time Chief Financial Officer (SMF2) job for a 12-18 month period with our retained client GPI who operate in the General Insurance sector based in Ayrshire. Reporting to the Chief Executive Officer the CFO will be responsible for ensuring that robust systems, controls and processes are in place within all Finance areas of the business and will be their duties will include:
- To lead, direct and generally supervise all financial oversight activities, including the development and production of all company accounts. Also, the post holder will have responsibility for ensuring that appropriate measurement systems and controls are in place to enable effective financial performance monitoring
- To mentor and support existing Finance staff in the business
- To work with the CEO and Board in any capital raising for merger/acquisition activity that may occur
- To work with the CEO and Board in order to plan, manage and implement any Finance improvement initiatives with the business and applicable external parties e.g. third-party contracts, intermediaries, appointed representatives etc.
- To manage and monitor performance with respect to resource management, ensuring Finance are running at operational capacity whilst maintaining Company standards
- To promote all compliance related requirements and to identify opportunities for process improvement. This will include the development, maintenance and communication of procedures which ensure adherence to PRA/FCA regulatory and Company policy requirements
- To manage the finance risk logs and ensure compliance with Company standards and policies
- To produce, review and provide compliance management information as required
- To refer to the Board of Directors all matters of major significance to the progress and wellbeing of the business, for the purpose of securing guidance, advice, authority or decision making
To apply you must be a fully qualified Accountant, have previously held a Finance Director / CFO position within the General Insurance sector. You will be experienced and up to date in Solvency II regulations; have a good knowledge of PRA forms, be a strong team manager and will have previously been approved by the regulator. The post holder will be also be subject to the senior managers’ regime (SMF2). Salary: £80,000 - £120,000 per annum (pro-rata) or day rate equivalent.
Rutherford Cross have been retained by our client to source this vacancy. 3rd party applications or direct CV’s will be forwarded to Rutherford Cross to be included in the assessment process.