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Senior Financial Reporting Accountant - Contract

Absolute Accountancy Recruitment
London Borough of Bromley, United Kingdom
Posted 7 days ago Permanent £75,000 - £90,000 Pro Rata
An overseas listed specialist Insurer require a Senior Reporting Accountant from any Regulated FS sector to join them.
A Specialist Insurance business are now in the market for a Senior Financial Reporting Accountant to join a Finance team of circa 20 for a 6 month period.

This long established business offer great benefits such as up to 10% Pension, bonus and home working for 3 days a week should you wish to.

This role covers all aspects of financial reporting and performance including statutory reporting, internal management reporting (including Board reporting) and regulatory reporting.

**Please note that whilst Insurance experience with Solvency II & IFRS 17 knowledge is highly desirable, it is not essential**

You must have good IFRS knowledge & experience of having gone through at least two Year End processes before within a Medium to Large Financial Services firm.
Key Responsibilities & Duties
  • Timely preparation of monthly management reporting pack, including Board pack.
  • Quarterly preparation and submission of Group financials under Canadian IFRS.
  • Preparation and review of year-end statutory accounts under IFRS for insurance, holding and dormant companies and annual submission of Solvency II reports to PRA.
  • Preparation /review of other statistical returns, e.g. ONS, ABI.
  • Preparing and posting monthly journal entries into the Infor Sun System general ledger as well as quarterly consolidation entries and technical provisions.
  • Reviewing and approving journals prepared by junior members of the team.
  • Assisting with preparation of inputs into the strategic business plan.
  • Maintaining procedure documents and reporting timetable.
  • Implementing process improvements to all reporting and internal control procedures.
  • Participating in ad-hoc projects as required.
  • Supporting the development of pro forma financial statements, compliant with IFRS 17 disclosure requirements and implementing the IFRS 17 related changes to the general ledger.
  • Establishing a good relationship with internal and external stakeholders.
  • Supporting the Finance Reporting Manager in creating an environment of continuous improvement to ensure that all reporting is conducted to the highest possible standard, within set deadlines whilst meeting efficiency requirements.
Knowledge, Skills and Experience
  • Accounting qualification (ACA, ACCA, CIMA or equivalent, with minimum of 3years PQE and a minimum of one year’s financial reporting experience within financial services (insurance, asset management or banking).
  • Statutory experience is essential
  • Appreciation of IFRS 17 and IFRS 9 desirable but not essential
  • Familiarity with Infor Sun accounting system would be an advantage.
Job ID  1316053
London, United Kingdom
21 Employees HR & Recruitment
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