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Job description

Functional Area:
FA - Finance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Life Limited

Reporting to: Head of Finance

In 2018 AIG Life Limited celebrated turning 10, the business has grown rapidly and as a result requires a capable and experienced Financial Controller to ensure that the accounting records are accurate and reported to the relevant stakeholders in a timely fashion.

Managing a team of 5, the role holder will ensure the company has robust systems and controls in place over payments, receipts and the general ledger. With AIG Lifes growth, there is also need for the role holder to lead projects to drive improvement in finance processes plus establish proper controls for new lines of business.

The ideal candidate will possess excellent communication skills, an ability to work across business functions and have an analytical approach to problem solving .

Key Responsibilities
  • Ensure that the accounting records are accurate and up to date, reconciled with supporting systems or information and kept to high audit standards
  • Meet all the reporting requirements of the Shareholder (AIG Life and Group) and all external statutory bodies.
  • With the Head of Finance, prepare monthly reports on the financial performance of the company.
  • Drive monthly reporting of operating expenses against budget by cost centre and review with cost centre manage...

Before you apply, we encourage you to learn more about AIG

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

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  • Drive monthly reporting of operating expenses against budget by cost centre and review with cost centre managers to ensure appropriate control over expenses.
  • Manage the companys bank accounts, ensuring fully reconciled to the general ledgers. Ensure that the cash position is always managed to ensure that sufficient funds are available when needed.
  • Ensure sound financial controls are in place to manage the risks of the business and ensure that the controls operate as intended over payments, receipts and the general ledger.
  • Manage the companys general ledger systems and ensure that interfaces with other systems are fully reconciled.
  • Continually review all finance processes and systems, to drive improvement to processes and systems.
  • Assist the Head of Finance in preparation of the annual Business Plan in line with the agreed strategy, ensuring that robust challenge takes place across the functional areas regarding their capability to meet the expense targets.
  • Monitor the performance of the business during the year, highlighting areas for improvement and ensuring that the Budgets are met. Produce regular forecasts for the business, ensuring that senior management are able to take timely actions to rectify any shortfalls.
  • Manage the Finance team, coaching and developing them to a high standard of performance.


In summary the role is ensure finance fully supports the business, and has controls and processes that are adaptable for a growing organisation.

Principal Skills
  • Financial and Strategic Acumen
    • Finance professional with good understanding of accounting under IFRS and other regulatory reporting frameworks (USGAAP).
    • Strong financial and business acumen.
    • Strong control environment background and expertise.
    • Understands Life Insurance and has the ability to explain complex financial information to non-financial colleagues
  • Managerial Leadership:
    • Good written and excellent communications skills.
    • Able to work cohesively in a matrix structure and in a dynamic highly-pressurised work environment.
    • Ability to handle multiple priorities by organising work to meet tight deadlines.
  • Technical Skills:
    • Practical experience working on reporting requirements with good knowledge of large scale consolidations.
    • Practical experience working on controlling requirements, understanding key controls required in a Life Insurance entity
    • Excellent problem solving skills with a continuous improvement mind-set.
    • Analytical and detailed focus
  • General:
    • Strong customer service orientation.
    • Pro-active individual who shows initiative & takes responsibility for their own decisions.
    • Takes full ownership and responsibility for delivery of assigned tasks in agreed timescales.
    • Highly self-motivated.
    • Keen attention to detail.
    • Experience working in a team-oriented, collaborative environment.


Technical Skills & Expertise
  • Qualified or nearly qualified accountant or equivalent
  • Technical accounting expertise with understanding and interpretation of accounting policies under US GAAP and IFRS
  • Experience of delivering diverse financial information requirements in a complex organisation
  • Experience working in a financial services firm, preferably insurance
  • Prior work experience in a multinational organisation and matrix reporting structure preferred


It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

At AIG, we believe that diversity and inclusion are critical to our future and our mission " creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Job Sector
Accountancy (Qualified)
Job Position
Financial Controller
City/Town
London
Address
London, UK Show on map
Post date
Closing date

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