IFRS 9 Senior Accounting Analyst

Description:

This contract with our central government client is for an IFRS 9 Senior Accounting Analyst for initially 6 months, potentially 2 years in London Hybrid - Ideally 2 days per week in the office.

Responsibilities:

• Providing technical accounting advice and guidance

• Building and developing Excel models performing accounting and modelling calculations

• Preparing the client's Transition Accounts

• Designing and supporting new processes, controls, and Working Day Timetables (WDT)

• Designing, implementing, and testing the future state systems and solutions

• Supporting the wider Programme

Main Activities:

• Providing technical accounting advice and guidance and developing technical papers (where needed) in accordance with the client's 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 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 9 & 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 client's 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 9 and 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 the client's risk framework.

• Provide administrative, logistical, and other support as required to the Programme.

• Other ad hoc tasks as required by the Project and the client to ensure business readiness for IFRS 9 & 17 (e.g., GL data cleansing, resolving data issues, and supporting data migration).

Requirements:

1. Must be an expert with implementation of IFRS9

2. Strong stakeholder management skills

3. Advanced Excel skills – data modelling

4. Some exposure and experience with IFRS 17 will be advantageous.

5. Strong analytical and communication skills, the ability to grasp new concepts quickly, and a keen attention to detail.

6. Strong practical experience in financial reporting and day-to-day experience in accounting for financial instruments (and related processes). Knowledge and experience of insurance accounting would be useful.

7. 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