Technical Accountant Technical Accountant …

in London, United Kingdom
Permanent, Full time
Be the first to apply
GBP60000 - GBP75000 per annum + 10% Pension, Priv med, Bens & Bonus
in London, United Kingdom
Permanent, Full time
Be the first to apply
GBP60000 - GBP75000 per annum + 10% Pension, Priv med, Bens & Bonus
FTSE250 Company looking for a skilled Technical Accountant with strong IFRS technical knowledge and regulatory requirements. Ideally from Big 4 or someone with experience of a global insurer.

Group Technical Accountant (Big 4 or Insurance experience highly desirable)

London, Colchester or York based (2-3 days in the office)

The Role

The Group Technical Accountant is responsible for the development and maintenance of Group-wide accounting policy and ensuring that Group financial reporting complies with this policy.

If you have locked down the basics and are looking for your next challenge, and if you are a finance professional with can-do attitude, highly motivated, pragmatic and commercially focused, this role might be for you.

However, if you don't have any Technical Accounting experience, or you are looking for a job where you know the routine and you won't have to think too much, you may struggle in this role.

Why we are hiring

The Group is growing fast, expanding into new areas. At the same time, demands on the financial reporting function from external stakeholders and from the business are increasing. The Group recognises the importance of technical accountant to achieving its overall ambitions and are backing this new position.

Key Responsibilities

  • Development of group-wide accounting policies and the communication of these throughout the Group and the maintenance of a group accounting policy manual.
  • Evaluate new financial reporting requirements and oversee their implementation. This will include the implementation of IFRS 9.
  • Share information about financial reporting developments to the firm's wider Finance community, as well as supporting the finance training agenda
  • Technical reviews of statutory accounts and actively drive standardisation
  • Provide ad-hoc technical support to reporting teams across the group as required.
  • Provide technical accounting support to Group-wide strategic projects including the Finance Transformation Project as required.
  • Preparing draft Group (interim) finance statements prior to issuance to ensure compliance with group accounting policies and external requirements.

Skills/ Qualifications/ Experience required

  • Degree level, fully qualified accountant.
  • Most likely from a leading accounting firm and working at manager level. Preferably with insurance experience.
  • Commercial acumen
  • Strong IFRS technical knowledge and regulatory requirements.
  • Excellent interpersonal, communication and influencing skills with a proven ability to bridge financial and accounting knowledge-gaps in a user-friendly way
  • Ability to work effectively under pressure, managing conflicting tasks, senior demands and deadlines.
  • Ability to solve complex problems and demonstrable decision-making skills.

Reporting Relationships/ Interactions

  • Report to the Head of Accounting Policy
  • Maintain constructive and supportive professional relationships with all members of the business unit finance teams.

Diversity and Working Patterns

At Hiscox we care about our people. We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned over the past 15 months that working life doesn't always have to be in the office, and when it's safe to do so, we will be introducing a hybrid way of working to encourage a healthy work life balance.

We anticipate the successful candidate for this role will be in the office up to 3 days a week. We see it as the best of both worlds: structure and sociability on one hand, and independence and flexibility on the other.

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