12 Mar 2018

Full-Time Compliance Officer – Financial Administration (COFA)

Directline Group – Posted by AdminLeeds, England, United Kingdom

Job Description

At Direct Line Group, we’re shaping the future. With a mission to make insurance easier and better value for our customers, we embrace change in all its richness and variety. It’s not just what we do; it’s how we do it. We bring our whole selves to work every day and embrace fresh thinking – after all, Britain is constantly changing and to protect the nation, we adapt with it.

Across our diverse brands – including Direct Line, Churchill, Privilege and Green Flag – change takes many forms. We appreciate the knowledge and skills that each one of us brings to the business. It’s hard not to be inspired by the things that make us unique. Boldness, curiosity and enthusiasm go a long way. And they’re helping us transform the industry we lead.

Compliance Officer – Financial Administration (COFA)

To undertake and discharge appropriate responsibilities and duties as a company director of DLG Legal Services Limited (the “Company”) as prescribed by the Solicitors Regulation Authority (“SRA”)

Ensuring that the firm acts in a way that is compliant with the terms and conditions required by the SRA and the SRA Code of Conduct

Work being the Compliance Officer – Financial Administration (COFA)  involves:

Strategic Direction:

• Provide the Finance team with strategic direction and leadership setting the vision and objectives.

• Contribute to the development of the Company’s strategy, providing financial and commercial input on business decisions.

• Provide expertise on market opportunities including how to structure commercial fee arrangements

• Lead the financial implementation and integration of any changes which arise.

Operational Effectiveness and Control.

• Support the Director of Legal Services on compliantly managing the business’s finances within the outcome based regulatory framework of the SRA

• Working with the Head of Legal Services in sound financial decision making to ensure the financial wellbeing of the Company

• Provide leadership and direction to operational leads and staff on all financial regulatory matters

• Ensure a system is in place to monitor compliance to SRA accounting rules

• Develop and maintain a relationship with the SRA to ensure the Company maintains compliance with any changes in SRA regulation.

• Report breaches in compliance as appropriate to the SRA and/or the Board of Directors.

• Ensure the Financial Statutory Accounts are compliant and in accordance with the appropriate accounting standards and are signed off by the elected auditors

Produce the Financial Statutory Accounts pack as signed off by the Board and the Auditors

• Management of a small team would be part of this role.

Skills & qualities you’ll need:  

• Proven track record of providing business-focused solutions that have contributed to a wider commercial agenda

• Able to manage effective relationships with sufficient gravitas to influence change at Board level

• A leader with the ability to motivate, direct and develop a team

• You would be a qualified accountant with demonstrable experience as a Financial Controller or Financial Director in a legal firm or organisation of similar scale and complexity

• Has in-depth knowledge of the SRA Accounts Rules as well as the SRA Handbook.

• You would be an approved person under SRA regulation

Career benefits and rewards

Rewarding you is really important to us, as well as offering a competitive salary and generous holiday entitlement; you can take advantage of a wide range of benefits. The best part is you can pick and choose the benefits to suit your own lifestyle, but also pass on some of the savings to family and friends. Here are just a few we have on offer:

  • A competitive salary, benchmarked against our competitors, which will grow as you do.
  • Pension 9% of your base salary, you can choose to contribute less or more than this, and anything you don’t wish to put in to your pension you can take as cash instead!
  • Private medical insurance (anyone can choose this through our flexible benefits scheme, and managers receive this as standard)
  • Attractive holiday entitlement
  • 50% off our Home, Motor and Pet insurance
  • Free Travel insurance
  • Free Green Flag breakdown cover
  • Flexible rewards including Life insurance, income protection, critical illness insurance, personal accident insurance
  • Retail card, with discounts at big name retailers
  • My Discounts – a discounts website for all our employees, with great discounts, cash back savings and offers across hundreds of brilliant  high street brands, travel, tickets, gym memberships and much more.

Who we are
Direct Line Group is an organisation with a clear mission: to make insurance much easier and better value for customers. We are one of the leading motor, home and small business insurers in the UK. We are home to some of the nation’s best-known brands, including Direct Line, Churchill, Privilege, Green Flag and NIG.

Closing Date: Ongoing

To apply for this available Job Vacancy please click here

How to Apply

You can apply for this available Job Vacancy by clicking the link above.

Job Categories: Admin. Job Types: Full-Time. Job Tags: Direct Line, Job, leeds, uk, and Vacancy. Salary: Competitive.

Apply for this Job