Financial Control

Jonathan May
Head of Department
Ext: 5314
Email: jonathan.may@lloyds.com
Jonathan May joined Lloyd's in 2006 and was appointed as Financial Controller in 2008. Jonathan previously worked for Ernst & Young within their Insurance Audit department.

Ian Wootten
Manager Financial Processing & STFO
Ext: 2098
Email: ian.wootten@lloyds.com  
The financial processing team is primarily responsible for ensuring that authorised transactions are properly processed and recorded including cash payments, purchase and sales ledgers. Management of the organisation’s procurement function is performed primarily in Chatham with integral links to the expenditure supplier management team operating in London.

STFO are responsible for: the operation of Lloyd's Central Accounting system, overseeing the day to day operation of the Lloyd's U.S. and Canadian Dollar Trust Funds, plus the Lloyd's/Citibank Letter of Credit Scheme and operating the Worldlink third party payment system

Andy Tomsett
Business & Application Support
Ext: 2683
Email: andy.tomsett@lloyds.com  
The primary function of the Business and Application Support team is to provide application support and maintenance to the core financial systems and to ensure timely investigation and resolutions are provided within the agreed service levels. The team is also responsible for the management and delivery of the IT related projects utilising the Lloyd's Project Management Framework.

TBC
Expenditure Supplier Management

The expenditure and supplier management team provides advice and guidance to Lloyd's departments on procurement 'best practice'. E&SM also provide the principal point of contact for the management of the XIS Agreement and Lloyd's service level reporting to the market via the LMA.

Rob Geater
Manager Overseas Operations
Ext: 6637
Email: robert.geater@lloyds.com  

The overseas operations team is responsible for establishing and improving the internal financial controls of the overseas subsidiary companies and branches including financial policies, compliance with the Overseas Network Control Framework, the preparation and monitoring of budgets, monthly management accounts, and statutory accounts of our overseas operations. Additionally the overseas team liaise with overseas offices on a number of operational, funding, and other issues.

Rob Deane
Manager Financial Accounting
Ext: 6087
Email: robert.deane@lloyds.com 
 
The financial accounting team is primarily responsible for establishing and improving the internal financial controls of the Society of Lloyd's including financial policies, the preparation and monitoring of budgets and monthly management accounts at the business unit level. Financial Accounting also advises the market on members' subscription and Central Fund contributions.

Danny Golding
Manager Financial Reporting
Ext: 2255
Email: danny.golding@lloyds.com 
 
The financial reporting team prepares the monthly management accounts for the Society (Corporation, Central Fund, Centrewrite and all subsidiaries) and the Society’s published financial statements. In addition, the team is responsible for the preparation of management and statutory accounts of a number of entities including the Lloyd’s Pension Scheme, Lloyd’s charities and market associations.

Gill Raymond
Manager Hardship
Ext: 2445
Email: gill.raymond@lloyds.com 
 
The Hardship Scheme was created in 1989, Income & Housing support in 1996 and more recently Limited Financial Assistance Arrangement to assist Names who had reduced means as a result of high underwriting losses. There is a total of 986 members in the Schemes, with some 243 legal charges placed on Names properties and 117 Names have trust funds from which they derive an income.

The are 3 members of staff in Hardship whose responsibilities are to monitor the terms of each of the above Agreements that Lloyd’s have entered into with Names. These Agreements may involve the assignment of various assets ie properties, investments, cash accounts etc and where possible negotiate early termination of the agreement.

Payroll - Tim Friday
Ext: 2151
Email: tim.friday@lloyds.com 
 
The Payroll team is primarily responsible for managing the payroll requirements for staff employed by the Corporation. Other payroll responsibilities include Lloyd’s Japan Inc, Lloyd’s Market Association, Centrewrite, Lloyd’s Council, Board & Committee members and Centrewrite Directors. The payroll team are also responsible for payments made to Lloyd’s Pensioners and for beneficiaries of the Income & Housing Support Scheme.

The team are also responsible for the administration of the Corporation’s insurance policies. The Corporation has a range of insurance policies including Property Damage & Business Continuity, Employer’s Liability, Public Liability, Fine Arts and Personal Accident & Business Travel.

Control & Review - Annyes Laheurte
Ext: 2102
Email: annyes.laheurte-tyson@lloyds.com 
 
The Control & Review team ensures that systems of control are in place to ensure completeness, accuracy and validity of accounting and reporting of the Corporation, subsidiaries and other financial reporting. Control & Review works toward mitigating operational risks within Financial Control.
Last updated on 28 Jul 2009