Production and Control Senior Lead

Direct Line Group; City of London; On-site; GBP 70,000 - GBP 90,000; Full time

Job summary

A leading insurance provider in the UK seeks a Finance Production and Control Senior Lead to manage financial operations and oversee an outsource provider. The ideal candidate will have leadership experience in finance, knowledge of insurance regulatory reporting, and a track record in ensuring effective financial controls. The position offers a comprehensive benefits package and focuses on supporting employee wellbeing and a work-life balance.

Benefits

9% employer-contributed pension

50% off home, motor and pet insurance

Free Green Flag breakdown cover

Additional health and dental insurance options

Employee discounts and cashback

Enhanced parental leave

Qualifications

• Qualified Accountant with experience in managing finance operational teams, including offshore teams.
• Knowledge of insurance industry and regulatory frameworks.
• Proficiency in regulatory reporting and financial controls.

Responsibilities

• Lead development of financial production hub and manage outsource provider.
• Ensure adherence to production standards and processes.
• Oversee monthly close processes and manage finance staff performance.
• Act as Finance business owner for key systems.

Skills

Leadership experience in finance operational teams

Knowledge of insurance regulatory reporting

Experience with Solvency II and IFRS 17

Understanding of financial control processes

Education

Qualified Accountant

Tools

Oracle

Job description

As Finance Production and Control Senior Lead, you will work with and manage multiple stakeholders, including the management of an outsource provider to ensure the accurate processing of the specific financial transactions within the agreed set of systems for your role and data definitions on a timely basis.

You’ll also support the Head of Finance Operations and Change and Director of Finance Reporting and Control in delivering strong and robust financial management through management and oversight of the delivery legal entity financial results of end-to-end processes data framework and control framework – with specific accountability for those systems within your remit.

Responsibilities

• Lead the ongoing development of the Shared Service production hub, managing the outsource provider and ensuring high performance in financial results production.
• Ensure regular review and adherence to minimum standards and best practices for results production and end-to-end processes.
• Oversee the completion of the monthly close timetable, managing financial professionals across onshore and offshore teams.
• Maintain effective financial controls through regular monitoring of reconciliations and related payment/receipt processes.
• Account for specific financial boundaries, manage the balance sheet, and ensure the accuracy of the financial results.
• Ensure accounting practices are up-to-date and in line with general and accepted standards.
• Manage staff performance, including reviews, training needs, and development plans, ensuring consistency across the department.
• Act as the Finance business owner for key systems like Oracle, FSH, FDP & EDMCS, ensuring alignment with Finance and Data strategic visions.
• Address complex issues promptly, using judgment to avoid large losses or reputational damage, and serve as an escalation point for process failures.
• Collaborate with the Finance Change team to ensure new projects meet DLG standards and drive continuous improvement across finance processes, focusing on cost‑saving initiatives and optimisation of technology.

Qualifications

• Qualified Accountant with leadership experience in finance operational teams, including offshore teams.
• Experience in the Insurance or Financial Services Industry is essential, with adherence to a range of legal regulatory and risk management frameworks.
• Experience with insurance regulatory reporting, with knowledge of Solvency II and IFRS 17.
• Experience in a financial control environment, with strong understanding of processes and systems.
• Experience in managing and working with suppliers to deliver shared accountabilities.

Benefits

• 9% employer‑contributed pension.
• 50% off home, motor and pet insurance plus free Green Flag breakdown cover.
• Additional optional Health and Dental insurance.
• Buy‑as‑you‑earn share scheme.
• Employee discounts and cashback.
• Additional benefits – including flexible benefits scheme, salary sacrifice for electric vehicles and private dental and medical cover, enhanced parental leave, and donation matching up to £50 a month.
• Wellbeing support: Employee Assistance Programme, mental health first aid, volunteering opportunities, and more.

We want everyone to get the most out of their time at DLG. Which is why we've looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best – whatever that looks like – and offering real choice, flexibility, and a greater work‑life balance that means our people have time to focus on the things that matter most to them.

Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We’re delighted to feature as one of the UK’s Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

We recognise and embrace people who work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.