Finance Level 2 Permanent Controller Maternity cover

Fixed term contract|London|Finance

Finance Level 2 Permanent Controller Maternity cover

London, United Kingdom Fixed term contract Finance


Description of the Business Line or Department

At SG Group level, DFIN//CTL (ConTroL) is the 2nd Level Control function within Finance.   This team is responsible for Leading level 2 permanent control mission on the completeness, effectiveness (quality of design and execution of controls) and relevance of 1st Level Control framework within Finance function.

Due to maternity leave, an opportunity has arisen for this exceptional role in Finance department that provides a front to back view of all financial processes, across all legal entities and an opportunity to work with a wide range of teams.   There is exposure to senior management and opportunity to make a difference.

The team is comprised of individuals with strong audit & controls background and can also be well suited for a candidate with a good understanding of financial or regulatory production wishing to transition to a controls-based role. 

DFIN (Finance function) of UK covers the three UK entities – SG London Branch (Investment banking), SG International Limited (Brokerage) and SG Kleinwort Hambros (Private banking and wealth management) offering in turn an excellent exposure to a range of business lines.  This role will be primarily focused on the SG International Limited scope.

The scope of DFIN/CTL include financial processes across finance and other departments such as operations (GBSU).  Financial processes include accounting & reporting, regulatory reporting (e.g. liquidity and solvency missions), management accounting (e.g. budgets and forecasts), P2P (Procure to Pay) and structural risk related (e.g. ALM & Treasury) missions. 

This activity is performed based on a yearly roadmap allowing prioritizations and resource allocation.

DFIN/CTL also provides guidance and support in the control framework definition for example in the Normative Control Referential deployment or in case of operational team request.

DFIN/CTL reports its assessment in Internal Control Instances both at Group and Entity level.

Summary of the key purposes of the role

DFIN/CTL is a transversal function in finance and works across all legal entities in UK (SGIL, KH, SGLB).  DFIN/CTL key responsibilities for are:

  • Performance of CTL control missions and to provide assurance to the CFO of the effectiveness and relevance of 1st Level Control framework.
  • Perform appropriate reviews based on risks (e.g. architectural front-to-back process reviews, specific extensive reviews and Identification of closing review topics to perform around quarter-end close cycle)
  • Prepare and present in governance meetings (risk committee, group reporting packs) and help in active and clear communication to the CTL Group and Local management for timely deliverables
  • Liaise with external audit, internal audit, and other Level 2 control functions.
  • Follow-up of action plans
  • Annual roadmap exercise
  • Appetite and aptitude for developing digitalization solutions (Alteryx, Business Intelligence) as this is a key mandate for this team over the next year.
  • Active and clear communication to the CTL Group, Local management and governance forums in term of CTL deliverables.

Summary of responsibilities

Key responsibilities include:

  • Perform 2nd level reviews:  Independently perform reviews, de-brief with the managers, document the report.  Reviews include a range of topics across a range of financial topics:
  • Accounting: topics (technical topics such as IFRS 9.1 & 9.2, IFRS 16, process reviews on topics such as accounts payable, intercompany, cash breaks, intangibles etc) and regular spot checks on account certification (substantiation of balance sheet and P&L accounts with supporting documentation).
  • Regulatory reporting: Solvency and Liquidity reporting to UK regulators or to the group,
  • Management accounting (budgets, forecasts etc),
  • Structural risk related (e.g. ALM & Treasury)
  • Various types of reviews are performed.   Full architecture (or framework) review involves a review of activity, process, risk, and controls.  Extensive reviews are less detailed than architecture review.  Closing reviews are performed during accounting close on specific accounting topics.  The report on the design and effectiveness of control framework is presented in standardised group formats. 
  • Annual roadmap preparation:  Preparation of the annual roadmap through gathering and analysing data for the previous year.  This includes errors and incidents, audit points, management letter points, risk and control self-assessment, balance-sheet and P&L data, regulator feedback etc. 
  • Identifying closing review topics and performing closing reviews:   On a quarterly basis, gather and analyse data related to closing cycle.  This includes pre-close (zone-de-risk) exercise, review of KPIs, study of internal control certification results (SOX-lite approach) etc.  Assess the risks and perform timely closing reviews where required.  These are provided to the external auditors globally.
  • Remedial action plan follow-up on:
  • Action plans raised during reviews and closing cycles
  • Residual risks still on-going.
  • Committees and governance: Preparation of group quarterly synthesis of the CTL activities of the team, preparation of risk-committee and internal control committee packs.
  • Take ownership of data quality of own perimeter of the L2C tools and act as a liaison with group team for data quality queries for the L2C tools (E-control and My Actions) where questions are raised regarding missing fields or inconsistent data.  Training on these tools will be provided.
  • Ad-hoc projects related to digitalisation – Digitalization developments and improvement projects.  Digitalisation is a key focus area for the team this year (e.g. solutions using Alteryx and Business Intelligence).

Profile required


Experience and skills in audit, accounting and/or controls framework is desirable.

  • Degree in Finance/Accounting.  ACA/ACCA or equivalent will be very beneficial.
  • Relevant experience in a financial services institution or professional services firm
  • Demonstrated knowledge of accounting, audit, controls and banking framework
  • Strong verbal and written communication skills,
  • Strong ability to liaise will all relevant departments and levels of management and work with various teams
  • Ability to identify and take ownership of complex issues and conflict resolution
  • Fluent in English

Why join us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business insight

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Société Générale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender identity.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000WVX
Entity: SG CIB
Starting date: 2023/02/20
Publication date: 2022/11/22