Luke Sanders Email & Phone Number

United Kingdom

London, England, United Kingdom

Financial control and oversight• Continuous improvement of the financial and operational control framework; assuming business accountability for the control points, reconciliations and accounting mapping for all system transactions. • Development of the operational control function to be a best in class service area providing key partnership and value add services to the Operations team culminating in improved performance metrics.• Accountable for monthly financial control packs… Show more Financial control and oversight• Continuous improvement of the financial and operational control framework; assuming business accountability for the control points, reconciliations and accounting mapping for all system transactions. • Development of the operational control function to be a best in class service area providing key partnership and value add services to the Operations team culminating in improved performance metrics.• Accountable for monthly financial control packs reviewing core unit linked fund, product wrapper and corporate accounting reconciliations aligned to the internal controls register evidencing that policyholder liabilities are appropriately matched by assets and operational controls are operating effectively. Financial and regulatory reporting• Accountable for the financial reporting of retail investment product (ISA, JISA, SIPPs) and unit linked funds. • Ownership of the regulatory reporting calendar including quarterly investment related Solvency II returns, FCA reporting and other product specific regulatory reporting.Risk, governance and oversight • Ownership of the risk register for the business division with monthly and quarterly assessments of residual risk ratings.• Oversight of incidents occurring within the investment operations and customer servicing areas through weekly stand ups, monthly management meetings and through chairing the monthly Fund Pricing and Product Forum and quarterly Unit Linked Investment Committee.• Annual review of risk appetite statements applicable to finance with representatives from the Operational Risk and Financial Risk teams - advising on the suitability of metrics to be used as KRIs for ongoing monitoring. Show less

Croydon, United Kingdom

Financial Reporting• Owning the close calendar for Vitality Invest’s product offering (ISAs, JISAs and SIPPs) and underlying Investment offering (internally managed unit-linked funds and a wide range of third party funds) ensuring fund and product accounting is undertaken to the highest standard.• Overseeing the relationship with the service provider responsible for producing the accounting feeds; ensuring robust preventative and detective controls are inherent within the sub-ledger… Show more Financial Reporting• Owning the close calendar for Vitality Invest’s product offering (ISAs, JISAs and SIPPs) and underlying Investment offering (internally managed unit-linked funds and a wide range of third party funds) ensuring fund and product accounting is undertaken to the highest standard.• Overseeing the relationship with the service provider responsible for producing the accounting feeds; ensuring robust preventative and detective controls are inherent within the sub-ledger and signing off on the final product and fund trial balances.Financial control and oversight• Overseeing the continuous improvement of the financial control framework; ensuring all EUAs are identified and walking through key controls with Group Internal Audit on an annual basis.• Maintaining process documentation to the highest standard and leading walkthroughs with 2nd line risk and compliance teams during thematic reviews.Management reporting• Producing weekly new business MI to the Business Unit executive committee and UK Board; reporting new business written, key lead indicators and factors driving changes in FUM.• Preparing a monthly performance pack for the Business Unit executive committee. • Assisting with Board Reports including quarterly Business Unit performance report and 10 year Business plan.Regulatory reporting• Delivering the regulatory reporting requirements for the VitalityInvest Business Unit including QRTs for Solvency II and quarterly ABI reports.Fund governance and oversight • Championing fund governance and control oversight; chairing a weekly incident reporting review, preparing the monthly operations MI for the Fund Pricing and Product Governance Forum and the quarterly Unit-Linked Investment Committee.• Reviewing monthly reconciliations attesting to the completeness of unit-linked policyholder liabilities and ensuring that policyholder liabilities are matched with assets in the market. Show less

London, United Kingdom

Financial Reporting and Accounting• Maintained the accounting for affiliate investments, hedge fund investments, private funds and other equity accounted for investments.• Owned the reconciliation for the balance sheet investment suspense account, working with the service provider and multiple internal stakeholders to reduce the balance and allocate items appropriately.• Reviewed the monthly accounting reports of the 3rd party investment accounting service provider to ensure the… Show more Financial Reporting and Accounting• Maintained the accounting for affiliate investments, hedge fund investments, private funds and other equity accounted for investments.• Owned the reconciliation for the balance sheet investment suspense account, working with the service provider and multiple internal stakeholders to reduce the balance and allocate items appropriately.• Reviewed the monthly accounting reports of the 3rd party investment accounting service provider to ensure the data received is accurate and fit for purpose.• Supported the Syndicate reporting team with Solvency II investment related disclosures.• Assisted with the Group US GAAP investment disclosure notes in the quarterly 10Q and annual 10K financial statements.• Assisted with the compilation and review of quarterly investment data for inclusion in the Group consolidated statement of cash flows. Show less

Dorking, Surrey

Financial Reporting• Reviewed monthly investment accounting reconciliations and journals, analytical reviews and other financial reporting tasks to facilitate month end, quarterly, half yearly and annual reporting. • Liaised with the investment pricing and middle office teams across multiple sites to investigate and resolve pricing and reconciliation issues as they arose.• Assumed supervisory responsibilities for one member of staff.• Tasked with owning and maintaining the… Show more Financial Reporting• Reviewed monthly investment accounting reconciliations and journals, analytical reviews and other financial reporting tasks to facilitate month end, quarterly, half yearly and annual reporting. • Liaised with the investment pricing and middle office teams across multiple sites to investigate and resolve pricing and reconciliation issues as they arose.• Assumed supervisory responsibilities for one member of staff.• Tasked with owning and maintaining the financial control and risk framework for investments, ensuring sufficient controls were maintained to produce accurate investment asset information.• Developed robust investment analysis, reviewing market movements and providing commentary for reporting period submissions.• Assisted in the preparation of statutory accounts for the investment related disclosures.• Reviewed the audit models and financial statements prepared for the company’s mirror (unit-linked) fund range available to policyholders of its Singapore Branch (c. 125 funds) as required by MAS Notice 307. Show less

Dorking, Surrey

Financial Reporting• Assumed responsibility for the fund accounting and financial reporting work stream of a regulatory project with a budget of £1.2m to achieve the necessary licenses to write new investment business in Japan.• Had oversight of two contractors to deliver the required fund accounts and investment analysis within tight timeframes.• Led daily project meetings and oversaw actions with key stakeholders to ensure completion.• Produced memorandums for the FPIL… Show more Financial Reporting• Assumed responsibility for the fund accounting and financial reporting work stream of a regulatory project with a budget of £1.2m to achieve the necessary licenses to write new investment business in Japan.• Had oversight of two contractors to deliver the required fund accounts and investment analysis within tight timeframes.• Led daily project meetings and oversaw actions with key stakeholders to ensure completion.• Produced memorandums for the FPIL Board and selected Board committees providing updates on progress, approval requests and advising on future financial reporting impacts and requirements for the International Finance department.• Identified development requirements for the policyholder system, investment system and general ledger to accommodate the new Japanese business and advised management in affected areas of impacts to their BAU work.• Liaised with multiple stakeholders including the project steering group, internal and external lawyers, external auditors, company secretariat and the FPIL Board.• Worked closely with the audit partner and senior manager to define the scope of work required to provide the regulator with the required level of assurance for back book reporting. Show less

Dorking, Surrey

Financial Reporting• Assisted in the production of the relevant Group-led Pillar 3 QRT reports to meet Solvency II deadlines during the preparatory and live phases.• Assisted the Technical Accounting Manager with the preparation of Board papers for current and evolving accounting issues such as the implementation of a currency futures financial instrument.• Assisted in the preparation of the FPIL financial statements under UK GAAP and applicable Isle of Man Company law and the… Show more Financial Reporting• Assisted in the production of the relevant Group-led Pillar 3 QRT reports to meet Solvency II deadlines during the preparatory and live phases.• Assisted the Technical Accounting Manager with the preparation of Board papers for current and evolving accounting issues such as the implementation of a currency futures financial instrument.• Assisted in the preparation of the FPIL financial statements under UK GAAP and applicable Isle of Man Company law and the financial statements for FPIL’s regional branches in the Middle East and Asia under IFRS.• Provided business sign off for an outsourcing project which lifted all aspects of investment operations (unit pricing, fund accounting, cash reconciliations and valuations) to a third party outsourced provider, through reviewing solution packs, advising on content and approving items with an impact to financial reporting activities. Show less

Dorking, Surrey

Investment Operations• Developed and processed the heritage Friends Provident balance sheet reconciliation monitoring system submission, including data preparation, variance analysis and final reporting.• Prepared the statutory Singapore ILP audit models and corresponding financial statements and acted as a first point of contact for external audit queries. • Ensured successful delivery of monthly fund accounting tasks for a standalone book of business.• Produced investment… Show more Investment Operations• Developed and processed the heritage Friends Provident balance sheet reconciliation monitoring system submission, including data preparation, variance analysis and final reporting.• Prepared the statutory Singapore ILP audit models and corresponding financial statements and acted as a first point of contact for external audit queries. • Ensured successful delivery of monthly fund accounting tasks for a standalone book of business.• Produced investment disclosures for the International business unit including IFRS 13, Credit Risk and PIIGS disclosures.• Had oversight of and reviewed weekly and monthly MI packs. • Provided assistance in the quarterly, half yearly and annual financial reporting process; running reports, analysing data and responding to queries, ensuring agreed service level deliverables were achieved. Show less

Godalming, Surrey

• Audit of companies prepared under FRSSE.• Assuming responsibility for all stages of the audit file including; planning, audit field work and completion.• Use of Sage Line 50, SAPA and CCH ProAudit.

Oxted, Surrey

• Accounts preparation for small owner managed businesses and SME’s.• Audit of small owner managed businesses and SME’s. • Use of Sage Line 50, IRIS Accounts Production and CCH ProAudit.

Gatwick, West Sussex

• Specialised in a dedicated pensions audit team; undertaking detailed audit testing of Pension Scheme Accounts and reviewing the Net Assets Statement and Fund Account. • Built a working knowledge of multiple investment asset classes including; pooled investment vehicles, fixed interest securities, index-linked securities, equities and OTC derivatives.• Regularly liaised and built rapport with third parties connected to the Pension Scheme under audit including; administrators… Show more • Specialised in a dedicated pensions audit team; undertaking detailed audit testing of Pension Scheme Accounts and reviewing the Net Assets Statement and Fund Account. • Built a working knowledge of multiple investment asset classes including; pooled investment vehicles, fixed interest securities, index-linked securities, equities and OTC derivatives.• Regularly liaised and built rapport with third parties connected to the Pension Scheme under audit including; administrators, actuaries, investment managers and trustees. • Assumed responsibility for the leadership of pension scheme audits, managing small teams of two to three associates.• Undertook stock counts for large audit clients and formed part of the audit team for corporate audits across a range of industries including travel, retail and manufacturing.• Attending stock takes on behalf of the firm.• Mentoring and developing new joiners.• Involvement in recruitment initiatives such as leading presentations at local sixth form colleges. Show less