IFRS 17 Technical Accounting Expert

Description:

Role: IFRS 17 Technical Accounting Expert 

Location: London (2 days/week on site)

IR35: Inside

Rate: £800/day (Umbrella) MAX

Duration: 6 months initially (potentially 2 years)

Security Clearance: Eligibility for SC

Essential Skills:

Must be an expert with implementation of IFRS 17
Strong stakeholder management skills
Advanced Excel skills – data modelling
The Role:

Providing IFRS 17 technical accounting advice and guidance and developing technical papers (where needed) in accordance with the governance requirements.
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.
Work closely with all stakeholders, including the FRC Delivery Partner, Auditors, and other internal and external stakeholders.
Assist in ensuring that reporting solutions used across the Finance function are fit for purpose in the rollout of IFRS 17.
Present or support presenters on financial reporting matters at training events.
As appropriate, maintain a robust control environment in accordance with good practice and risk framework.
Provide administrative, logistical, and other support as required to the FRC Programme.
Other ad hoc tasks as required by the Project and FCD to ensure business readiness for IFRS 9 & 17 (e.g., GL data cleansing, resolving data issues, and supporting data migration).
Person Specification

We are looking for a self-driven and highly technical finance professional with knowledge and practical experience in IFRS 17 (re)insurance accounting/reporting and strong expertise in data modelling and Excel. The individual should also have strong analytical and communication skills, the ability to grasp new concepts quickly, and keen attention to detail.

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).

The candidate should have a strong appreciation of controls and governance, be capable of working independently in a fast-paced, multi-faceted environment and be enthusiastic about working collaboratively with a range of internal and external stakeholders.

Security Clearance: Security Clearance: Eligibility for SC

Disability Confident

As a member of the disability confident scheme, CLIENT guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group.

Armed Forces Covenant

CLIENT is proud to support the Armed Forces Covenant and as such, we guarantee to interview all veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. 

If you qualify for the above, please notify us on (phone number removed).

We will be in touch to discuss your suitability and arrange your Guaranteed Interview.

Should you require reasonable adjustments at any point during the recruitment process or if there is a more accessible way for us to communicate, please do let me know.

To apply for this role please submit your latest CV or contact Aspect Resources on (phone number removed)