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Group Financial Accountant

  • Location:

    London

  • Sector:

    Life Insurance

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Lauren Bowness

  • Contact email:

    Lauren.Bowness@oliverjames.com

  • Job ref:

    JOB-042023-206113_1681897850

  • Published:

    about 1 year ago

  • Expiry date:

    2023-05-19

Oliver James are currently recruiting for a Group Financial Accountant to join our client in London. This client offers some great benefits to their employees such as 30 days holiday plus the 8 bank holidays, a 10% pension contribution and a great bonus scheme!

Our client is the UK's largest long-term savings and retirement business who offer their 12 million customers products across their market leading brands.

If you are a qualified Accountant making your first move from practice to industry , or if you have financial reporting experience in industry and you are looking for exposure to the life and pensions industry then this opportunity is for you.

Key Responsibilities;

  • Leading on certain aspects of the production of high quality financial information for the Group (including IFRS financial statements, the Solvency II results and regulatory returns, annual narrative reporting etc.)
  • Review and challenge of divisional submissions, developing and applying expertise in areas such as consolidations, insurance accounting, Solvency II and investments reporting
  • Preparing analyses of, and providing insight into, the Group's externally reporting results, such as the movement in the Group's regulatory capital position, IFRS results, and movements in the Group's balance sheet
  • Assist with dealing with the impacts of change as it affects the Group's financial reporting processes. This will include the implementation of developments in financial and regulatory reporting requirements, such as IFRS 17, as well as changes to the Group as a result of corporate activity (e.g. integration of acquisitions, accounting for disposals, re-organisations etc.)
  • Collaborative working with other Group functions and divisions across multiple locations
  • Development and maintenance of the Group's reporting systems (IBM Cognos Controller and CCH Tagetik)

What are we looking for?

  • Qualified Accountant
  • An auditing or financial accounting background, with experience of consolidations (preferably under IFRS) within a large and complex organisation
  • Great analytical ability and time management skills in order to effectively meet deadlines
  • Demonstrable understanding of the technical aspects of financial and regulatory reporting within a group context
  • Excellent stakeholder management skills to effectively deal with management and other finance teams across the Group

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