Group Internal Financial Controller

Location 75-PARIS, France
Experience level Experienced Hire
Job details sector Finance, Control and Strategy
Apply before 06/30/2017
The role of the Group Internal Financial Control (IFC) team is to ensure the effectiveness of internal control over financial reporting for the AXA Group (under IFRS), and manage its yearly certification. The Group IFC programme covers the main entities of the Group in terms of assets, operating income and risk exposure.
Since 2014,the Group IFC team has extended the IFC framework to Solvency II topics, i.e. processes participating to the calculation of AFR (Available Financial Resources) and STEC (Short Term Economic Capital), including governance aspects such as Use Test, Model Change Policy or Data Quality. At FY15, 24 entities were in scope for IFRS and Solvency II. 
Job position
Within the Group IFC team, the candidate will be part of the Quality Assurance (QA) team. The role of the team is to provide assurance to the Top management and other stakeholders (internal audit, external auditors and supervisors) that the IFC framework is well implemented and efficient throughout AXA local operating units. The team ensure that the IFC methodology and instructions, on IFRS and Solvency II, are appropriately understood and implemented locally and identify the actions to support and develop the teams, ensuring a continuous improvement of the IFC program.
Main responsibilities
As the part of the QA team, the IFC QA collaborator will have to:  
  • Contribute to define the QA approach, including topics to review, methodology to follow, and risk assessment of entities in scope;
  • Contribute to define the QA review plan on a yearly basis, keeping in mind that all entities and all topics should be reviewed at least once every 5 years; communicating with the entities and finding the right timing for the reviews;
  • Lead the QA assignments from the Head office and 3 to 4 on-site visits (limited to 3/4 travels abroad of 5 days), as well as ensure the timely completion of the reviews and the delivery of the conclusions on time and with the right level of quality; 
  • Monitor the open issues as well as their remediation together with the entities and with the corresponding liaison managers; support the entities in their effort to improve and always keep a positive mind-set in that perspective;
    In addition, as the QA team will hold a central position in the Group IFC team, the IFC Quality Assurance collaborator is expected to contribute to several transversal topics such as:
  • The improvement of the IFC methodology, capitalizing on the knowledge provided from the QA reviews;
  • Become a referent on the IFC methodology, best practices, etc. 
  • Actively participate at Group and Local levels to the communication efforts around IFC topics, in order to raise the level of awareness across the Group and ensure management is taking actions when need be; 
  • Play the role of "liaison manager" for some entities, ensuring a smooth and reliable relationship throughout the year and facilitating the use of ICON (when applicable).

  • At least 4-5 years’ experience, an audit background is an advantage;  

Technical and professional skills (technical expertise):

  • Good understanding of internal control concept & practices;
  • Knowledge of the insurance business (organization, processes and financial reporting)
  • Knowledge of Solvency II regulation
  • Effective communication and writing in English (including conference meetings, presentation, reports, guidance, standards)
  • Proven experience in an international and transversal project;  

Soft skills and competencies:

  • Project management and change management capacities
  • Ability to interact with senior management and multiple stakeholders.
  • Appetence to work within an international and intercultural environment
  • Organizational skills
  • Reliable, proactive, flexible and curious.
  • Result-oriented, able to anticipate and timely solve problems
  • Team spirit is a must, as well as positive mind-set.

Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life?  Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.  In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.
The headquarters of the AXA Group, based in Paris 8th, brings together the Group's corporate activities. It coordinates the various entities with the Group's strategy, and is responsible for managing international projects. The headquarters has approximately 800 employees and is distinguished by its strong international culture (39 nationalities).