Finance Governance Officer

Location: Potters Bar, London, Bristol or Isle of Man (Hybrid working options available)

12 Month Fixed Term Contract

Job Purpose

To assist the Finance Governance & Controls Manager with ensuring UK Division compliance with ICOFR (Internal Controls over Financial Reporting) Canadian reporting requirements and that they are reported appropriately to Financial Accounting & Reporting Director and CLUK Chief Financial Officer.

To assist the Finance Governance & Controls Manager with ensuring that Data Governance standards (including those relating to GDPR) are met, the effectiveness of the end to end SII data controls and appropriate reporting to the relevant Boards and Committees.

Key Accountabilities

1) To play a key role in the required quarterly ICOFR CEO/CFO certification and annual ICOFR 'Green Light’ certification ahead of annual control testing program.
Liaison with Shared Service (Finance, Actuarial, Operations, IT and Customer Service) and Business teams to ensure that ICOFR documentation is kept up to date:

• Process Narrative Report (PNR)
• Risk and Controls Matrix (RACM)
• EUC controls
• SAP accounts

2) To assist with the CLL Data Governance framework activities and Data Register held in SharePoint. To include:

• Working with the business teams in the maintenance of the individual Data Sets;
• Manage and facilitate the attestation of each Data Set by the Data Register Owners and Data Owners;
• Maintain the Issues and Remediation log - working with the business to resolve issues;
• Assist the Finance and Governance Controls Manager with the preparation of a Quarterly Data Quality Report for review and approval by the Financial Accounting & Reporting Director, Strategic Financial Planning & Analysis Director and Chief Actuary

3) To assist the Finance Governance and Controls Manager with General Data Protection Regulation compliance by the Finance team:

• Review and maintenance of the functional Record of Processing Activity (RoPA) to ensure it is accurate, up to date and made easily retrievable for inspection and ongoing monitoring.
• Review and maintenance of the Record Retention and Disposal Guide (RR&DG) to ensure that it is accurate, up to date and made easily retrievable for inspection and ongoing monitoring.
• Management and deletion of data in accordance with the Record Retention and Disposal Guide.
• Active member of Data Protection Forum ensuring communication to staff of requirements and any IOC changes.

4) To assist the Finance Governance and Controls Manager with the CLUK Company Policy FAR Team Attestation process for the CLUK policies. Activities to include:

• Review of the evidence to support the Business and Shared Service team’s implementation of policy requirements - where applicable;
• Review of the CLUK Data Governance Operating and Regulatory Reporting & Disclosure policy workbooks to ensure the implementation of these policies across CLUK;
• Liaison with Risk team to ensure that policy process is kept up to date.

5) Develop and enhance current controls and processes and work with the business to implement best practices - ensuring that procedures are kept up to date.

Desired Knowledge / Experience / Skills

Technical Expertise
• Commercial awareness and understanding of the needs of the business.
• Willing and capable of making decisions independently in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.

Communication
• Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.
• Strong ability to adapt messages to the audience in a format that is easily understood by colleagues

Relationship Building
• The ability to develop and maintain strong relationships across the finance function, acting with integrity and role modelling the company values at all times.
• Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders,
• Ability to flex their style and delivery, in the moment, depending on the individual and/or audience.

Taking Initiative
• Sound problem solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard.
• Self-motivated, well-organised, pragmatic and able to perform tasks independently.

Developing Self and Others
• An interested and inquisitive individual who is committed to their own ongoing professional and personal development