Financial Accounting Manager

About Us

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement , we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

The Role

The Financial Accounting Manager supports the Production and Control Senior Lead to ensure that all production activities are executed on a timely basis to provide a robust foundation for finance data and reporting to be driven from.  

What you'll be doing:

• Technical Finance Oversight: Validate, post, and review technical finance journals, ensuring accuracy in line with controls. Specific accountability for Solvency II balance sheet oversight.

• Collaborate with Outsourced Partners: Work alongside the Production and Control Senior Lead to manage SLAs and build productive workflows with our outsourced finance partner, focusing on approval and exception matrices.

• Month-End Optimisation: Challenge and refine month-end processes, identifying improvements in timelines and accuracy of financial accounting entries in line with the Group’s Accounting Policies.

• Balance Sheet & Financial Reporting: Review legal entity and consolidated financial statements. Analyse key movements, prepare monthly reporting, and ensure accuracy in reconciliations—especially for Solvency II.

• Risk Management & Audit Support: Proactively identify and manage financial risks, collaborating with internal and external auditors to maintain robust control over our financial records.

• Project Collaboration: Support Finance-wide projects by sharing technical expertise in financial processes, accounting standards, and best practices, especially during the testing and implementation of new systems.

What We’re Looking For:

• Qualified Accountant (ACA, ACCA, CIMA), skilled at approaching financial accounting issues creatively to deliver new solutions.

• Technical Expertise: Knowledge of IFRS17 preferred, with strong proficiency in IAS 38, IAS 16, and IAS 36, as well as substantial experience in reconciliation and substantiation.

• Financial Modelling: Proficient in Microsoft Excel for financial modelling; experience with Oracle Financials and Cognos TM1 is a plus.

• Effective Communicator: Comfortable building relationships, sharing ideas, and collaborating with both onshore and offshore teams to reach resolutions.

What we’ll give you
We wouldn’t be where we are today without our people and the wide variety of perspectives and life experiences they bring. That’s why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working, varying with the nature of your role.

Core benefits include:

• Generous 9% employer pension. Regardless of whether you contribute into your pension or not, DLG pay 9% into your pension (but you can take this as cash if you want!)

• Up to 10% annual performance based bonus

• 25 holiday days (plus public holidays). Plus an option of buying or selling up to 5 holiday days each year!

• 50% off motor, home and pet insurance

• Free travel insurance and Green Flag breakdown cover

• Electric Vehicle car scheme which allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way

• Buy-as-you-earn share scheme

• Employee discounts and cashback

Being yourself

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 know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that 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.

#LI-Hybrid #LI-PK1