This role will be primarily focused on ensuring Aon UK Limited’s compliance with the FCA’s CASS 5 client money rules including the performance of frequent client money drawdowns and related controls and preparing monthly MI packs which provide management with a clear understanding of the firm’s compliance status. The role will also involve liaising with external and internal auditors to help drive improvements in the Fiduciary function.
Compliance with CASS 5 is a fundamental and imperative requirement for any UK insurance broker and therefore experience in this area is very valuable for any UK insurance broking finance professional. Failure to comply with CASS can have adverse effects on the firm’s reputation and can ultimately lead to regulatory fines or worse, therefore this is a very key role and function.
This role will be required to work closely with various areas of the business including offshore functions, the EMEA Finance Centre in Krakow and operations teams to collaborate on Client Money matters, analysis and finance initiatives that support Aon strategic objectives.
We can offer a fixed-term contract for 18 months.
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
Senior Fiduciary Accountant
Kraków
Nr ref.: 2534993/706136 POL02 Record-to-Report,Aon Service Corporation
What the day will look like
- Complete monthly Balance Sheet reconciliations and journal postings, attend monthly Client Money Committee, perform regular and accurate Client Money calculation and drawdowns.
- Prepare and complete quarterly, month-end and mid-month Client Money reporting requirements to the stated deadlines.
- Assisting with the reviews of Client Money related processes undertaken by non-Controllership teams.
- Preparing the monthly Client Money Committee pack and minutes.
- Develop and maintain a good understanding of the processes undertaken by Treasury and the outsourced fiduciary accounting provider in relation to client money.
- Responsibility for the opening and closing of GL accounts in relation to bank accounts and MMF’s.
- Maintain a thorough understanding of Aon’s broking systems and keep up to date documentation on an on-going basis.
- Assist with projects focused on improving processes and controls aimed at achieving further efficiencies within the business.
- Assist with answering queries raised by EY / Internal audit / Compliance.
- Understand CASS5 Client Money rules to ensure compliance with all relevant regulations.
- Work with the business to improve the quality, accuracy and timeliness of information requests and reports.
- Work collaboratively with the UK Finance, EMEA Finance Centre and other teams within the organisation to complete tasks and activities more effectively.
- Responsible for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
Skills and experience that will lead to success
- University Degree (preferably in numerate discipline)
- Accounting Qualification (ACA / ACCA)
- Understanding of the Auditing, Accounting and Reporting function.
- Familiarity with the Insurance and/or Brokerage industry.
- Experience with financial systems preferred.
- Ability to demonstrate excellent verbal, organisational and communication skills.
- Ability to work under pressure to meet tight deadlines.
- Competent in Excel with the ability to use a range of the programme’s features.
How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com
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Aon Sp z o.o.
Aon jest globalną organizacją, która dostarcza rozwiązania z zakresu zarządzania ryzykiem, emerytur i zdrowia w 120 krajach na świecie. Pomagamy naszym klientom podejmować decyzje w celu ochrony i rozwoju ich działalności.
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