Interim Head of Finance - Ireland

Posted 1 day 17 hours ago by RiverStone Management Limited

125 000,00 € - 150 000,00 € Annual
Permanent
Full Time
Other
Not Specified, Ireland
Job Description

RiverStone International is an established global non-life run-off insurance business specialist with more than 25 years of experience. Operating in the UK company and Lloyd's of London markets, Bermuda, U.S., and Europe, RiverStone International has transacted a wide variety of deals - from insurance and reinsurance portfolio transfers to company purchases, acquiring over US $17.3 billion of gross liabilities since 2010 and with around US $6.9 billion of liabilities currently under management.

This role is an 18 month Fixed Term contract in our RiverStone Insurance Ireland DAC (RIIDAC) branch, to lead the financial reporting function, including the team, and ensure high standards of financial control, be responsible for planning & budgeting, and have oversight of all fiscal and tax reporting.

Responsibilities
  • Oversight of monthly, quarterly, and annual reporting for submission to Group, working with the Group finance team to ensure consistency of financial reporting
  • Responsible for the preparation of the annual statutory accounts under Irish GAAP
  • Responsible for quarterly/annual Solvency II regulatory returns
  • Manage and oversee the financial planning - budgeting, projections and re-forecasting
  • Maintain a strong internal control environment to ensure the integrity and robustness of the financial reporting processes
  • Monitoring the regulatory capital requirements of RIIDAC
  • Manage the treasury activities ensuring robust controls are in place
  • Manage cash flow and forecasting, and develop a reliable cash flow forecasting process
  • Support the investment process as required
  • Ensure compliance with all tax obligations
  • Work with business heads and local management to ensure accurate and reliable financial performance measures are in place
  • Produce and present reports for the Board and local ExCo meetings
  • Raise awareness of financial issues across the business
  • Continuous engagement with the wider management team in the delivery of the planned business results
  • Manage the relationship with external auditors during the annual statutory and regulatory audit process
  • Lead and mentor the finance team, fostering a high-performance culture and continuous improvement
  • Ensure new portfolios are appropriately integrated into RIIDAC's Financial Framework.
  • To implement the Treating Customers Fairly ("TCF") and Conduct Risk strategies within the business and ensure they are embedded.
  • Have an awareness of Data Protection legislation, including the Irish Data Protection Act 2018 and the General Data Protection Regulations ("GDPR").
Benefits We believe in taking care of our team and helping our employees thrive both professionally and personally.
Our benefits include:
• Private Medical cover - Comprehensive Private Medical Insurance scheme
• Health and Wellness -including access to our Employee Assistance Programme, Headspace subscription, up to five funded counselling sessions per year, annual health check-up and eye test voucher
• Wellbeing Allowance - Can be used towards either physical or mental health wellbeing activities
• 25 days' holiday per year - plus bank holidays and office closure on Christmas Eve
• Bonus scheme - dependent on achieving individual, department and company goals
• Pension - a Group Personal pension plan
• Life Assurance - provides a lump sum 4 x your salary
• Permanent Health Insurance Scheme - scheme pays benefits during a prolonged period of illness or disability lasting more than 26 weeks
• Parental Leave - Enhanced Maternity, Paternity and Shared Parental Leave policy
• Training and development - Company funding for professional qualifications that would be beneficial for your role
• Volunteering and charity - triple matching donations made independently or via our Give As You Earn scheme, Give A and two paid volunteering days per year to help give back to our local communities
• Travel Insurance - business and personal travel
• Sports and Social - active sports and social committee that organizes subsidised events

Working hours
Our standard working hours are from 09.00 a.m. to 5.30 p.m. Full time employees are to be in the office for 3 days per week, with 2 days working from home.