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UK JOB, SHELL INTERNATIONAL LIMITED



SHELL INTERNATIONAL LIMITED


FINANCIAL CONTROLLER - GROUP INSURANCE COMPANIES JOB ID: E20322


LOCATION: SHELL CENTRE, LONDON, UNITED KINGDOM


We are looking for a Finance Controller to join the Holdings and Treasury department in London. The wider team currently consists of more than 30 finance professionals and is recognised for its excellence in financial reporting and provision of financial insight and advice for projects. The successful applicant will report to the Senior Controller - Treasury and will be directly responsible for the management accounting and reporting of four of the five Group Insurance Companies (GICs).

The Controllers’ organisation is at the heart of Shell finance. It links the worlds of finance-in-the-business, finance operations, project management and IT systems. It is where the numbers that plot the future and the numbers that record the past come together. Group accounting, control, governance and assurance, planning and strategy as well as financial support to the business and functions are all integral to the organisation. Former team members have progressed into finance roles within the operating businesses after developing their skills and knowledge of Shell within our team.

Central Finance provides a range of professional services, advice and products to Shell companies on a global basis. This support covers everything from management and financial accounting, consultancy and business controls through to M&A, insurance and treasury operations.

At Shell our commitment is to satisfy the world’s need for energy with economically, socially and environmentally responsible solutions. We seek a high standard of performance, and understand that great ideas can change the world. If you want to work with a group of creative, ambitious and innovative professionals then you should consider Shell. We will provide you with the resources to put your ideas into action, worldwide opportunities to advance your career, and outstanding benefits and rewards that support your quality of life. Join us and let’s make a real difference together.


RESPONSIBILITIES:
Shell has five captive insurance companies based in various global locations. The companies provide insurance coverage to all Group and joint venture entities, generally in proportion to the Group equity interest held. As someone with outstanding technical skills, you’ll be interacting with senior stakeholders and advising on a variety of accounting issues as well as the wider implications of transactions including insurance reserve accounting and transfers of pension scheme reliabilities and assets. Working closely with key stakeholders and the business you’ll simplify and improve the existing processes to ensure individual business needs are met and priorities balanced within the broader context of Shell as a whole.

You’ll have overall responsibilty for ensuring efficient and tightly controlled reporting processes are in place to support most of the Group Insurance Companies, and all related ledger custodian activities. You’ll also be responsible for managing and liaising with internal service providers of the GICs (e.g. shared service centres).


SPECIFIC RESPONSIBILITIES WILL INVOLVE:

Preparing GIC’s submissions to Group reporting, ensuring clean audit clearance with positive SOx attestation
Preparing financial statements and regulatory returns for all GICs under various GAAPs (e.g. Swiss, UK and Bermudian law)
Liaising with auditors to ensure unqualified audit opinion and timely filing of both financial statements and regulatory insurance returns
Assisting and advising on IFRS Group insurance issues
Preparing management accounts and ad-hoc reports to support the financial element in GIC board packs
Contributing to changes in Group insurance accounting policies, identifying the impact of changes on insurance company submissions and implementing these in GIC submissions
Liaising with Group businesses and provide support on Group insurance accounting issues
Driving ongoing process improvement to ensure that we make best use of the systems available, allow maximum time to focus on critical areas where we add the most value and ensure that manual work is minimised.

This is a challenging role, giving you a unique overview of different areas of Shell’s businesses. You’ll be expected to use your creativity and interpersonal skills to develop the most effective solutions to accounting/reporting issues, and share knowledge and best practices with the rest of the team.


REQUIREMENTS:
Educated to degree level as well as being a qualified accountant (ACA or equivalent), you’ll have trained with one of the larger public accountancy practices. Previous exposure to the insurance regulatory environment, insurance or asset management industry would be an advantage. Ideally you’ll have proven experience of IFRS and UK GAAP, as well as previous SOx experience. In addition to having excellent technical expertise you’ll have the ability to generate creative solutions for varied accounting issues and effectively communicate advice. With your overview of finance you’ll be able to take the lead in ensuring individual and Group needs are met.

Confident and self-motivated, your excellent interpersonal and communication skills mean you’ll be able to liaise effectively with all levels of management and other businesses. You’ll enjoy contributing to and participating in the team and will be willing to get involved in a variety of projects. You’ll have proven experience in analysing complex issues and making business-impacting decisions in a timely fashion, managing your demanding workload effectively to ensure deadlines are met.

This is a challenging position within Shell with excellent development opportunities.



APPLICATION DEADLINE: WEDNESDAY 07 JULY 2010

NUMBER OF VACANCIES: 1



Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date.

Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world.


The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand.



Shell is an Equal Opportunity Employer.


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