IFRS17 Technical Accounting Expert - Accountant

Triumph Consultants Ltd

Posted on May 8, 2024 by Triumph Consultants Ltd
London, United Kingdom
Accountancy
Immediate Start
Annual Salary
Contract/Project

We are seeking a forward-thinking Accountant with the ability to understand and interpret complex accounting standards (particularly IFRS 17) and assess the impact of their application, analyse financial data, and communicate and present information to stakeholders.

This role would suit a candidate with a strong knowledge of insurance concepts and practical experience in financial reporting and accounting for (re)insurance contracts (and related processes).

Key accountabilities:

  • Provide IFRS 17 technical accounting advice and guidance and develop technical papers
  • Build and develop Excel spreadsheets to perform accounting and modelling calculations required to identify data gaps, validate systems outputs, and meet other Programme requirements.
  • Support transition execution approach and plan, covering the opening balances and comparative financial statements.
  • Support with Audit engagement requirements and responding to queries.
  • Support the implementation of the FRC-related IT solutions (including the General Ledger, IFRS 17 Calculation Engine and Sub-Ledgers), including any related processes and controls for end-to-end reporting.
  • Support the Finance Function in testing activity, including ensuring testing issues are resolved on a timely basis.
  • Support the development and implementation of the Accounting Rules, Chart of Accounts, ledger posting and IFRS 17 disclosures.
  • Analyse the data inputs/outputs to/from the Calculation Engine and General Ledger, ensuring the outputs meet the reporting requirements, investigating any issues and recommending potential changes.

Key requirements:

  • Fully qualified Accountant with experience providing IFRS 17 technical accounting advice and guidance
  • Ability to build and develop Excel models performing accounting and modelling calculations
  • Proven ability to deliver to challenging timetables.
  • Strong analytical and communication skills, the ability to grasp new concepts quickly, and keen attention to detail.
  • A strong appreciation of controls and governance.

If you consider yourself to have a disability or if you are a veteran, and you meet the essential criteria for the role, you will be put forward for the Guaranteed Interview' scheme whereby you will have the opportunity to discuss this role and your suitability with a member of the Sourcing team.

If you are successful in securing this role, please note that for the entire duration of this contract, regardless of extension you will be working this role at the equivalent PAYE rate that has been advertised. For absolute clarity, we only work on a PAYE basis. If you wish to understand PAYE vs Umbrella more, please let us know and we can send you some additional information.

As an Equal Opportunities Employer, we provide the best talent and encourage all applications regardless of background, in line with our commitment to diversity, equality and inclusion.


Reference: 2757677455

https://jobs.careeraddict.com/post/90597223

This Job Vacancy has Expired!

Triumph Consultants Ltd

IFRS17 Technical Accounting Expert - Accountant

Triumph Consultants Ltd

Posted on May 8, 2024 by Triumph Consultants Ltd

London, United Kingdom
Accountancy
Immediate Start
Annual Salary
Contract/Project

We are seeking a forward-thinking Accountant with the ability to understand and interpret complex accounting standards (particularly IFRS 17) and assess the impact of their application, analyse financial data, and communicate and present information to stakeholders.

This role would suit a candidate with a strong knowledge of insurance concepts and practical experience in financial reporting and accounting for (re)insurance contracts (and related processes).

Key accountabilities:

  • Provide IFRS 17 technical accounting advice and guidance and develop technical papers
  • Build and develop Excel spreadsheets to perform accounting and modelling calculations required to identify data gaps, validate systems outputs, and meet other Programme requirements.
  • Support transition execution approach and plan, covering the opening balances and comparative financial statements.
  • Support with Audit engagement requirements and responding to queries.
  • Support the implementation of the FRC-related IT solutions (including the General Ledger, IFRS 17 Calculation Engine and Sub-Ledgers), including any related processes and controls for end-to-end reporting.
  • Support the Finance Function in testing activity, including ensuring testing issues are resolved on a timely basis.
  • Support the development and implementation of the Accounting Rules, Chart of Accounts, ledger posting and IFRS 17 disclosures.
  • Analyse the data inputs/outputs to/from the Calculation Engine and General Ledger, ensuring the outputs meet the reporting requirements, investigating any issues and recommending potential changes.

Key requirements:

  • Fully qualified Accountant with experience providing IFRS 17 technical accounting advice and guidance
  • Ability to build and develop Excel models performing accounting and modelling calculations
  • Proven ability to deliver to challenging timetables.
  • Strong analytical and communication skills, the ability to grasp new concepts quickly, and keen attention to detail.
  • A strong appreciation of controls and governance.

If you consider yourself to have a disability or if you are a veteran, and you meet the essential criteria for the role, you will be put forward for the Guaranteed Interview' scheme whereby you will have the opportunity to discuss this role and your suitability with a member of the Sourcing team.

If you are successful in securing this role, please note that for the entire duration of this contract, regardless of extension you will be working this role at the equivalent PAYE rate that has been advertised. For absolute clarity, we only work on a PAYE basis. If you wish to understand PAYE vs Umbrella more, please let us know and we can send you some additional information.

As an Equal Opportunities Employer, we provide the best talent and encourage all applications regardless of background, in line with our commitment to diversity, equality and inclusion.

Reference: 2757677455

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