Global Accountant

Recruiter
Marks Sattin (UK) Ltd
Location
City Of London
Salary
£50k - £55k pa
Posted
29 Nov 2016
Job Sector
Insurance
Contract Type
Permanent
Hours
Full Time
Global Accountant

This successful multinational business is looking for an ambitious Qualified Accountant with excellent communication skills to join their business as a Global Accountant who will work within a team that manages company Regulatory capital position and reporting processes. Planning and prioritising are crucial to the role along with the ability to problem solve under pressure.

Accountabilities and Activities

This Global Accountant will be responsible for working with the Global Reporting Manager and the Senior Global Accountants towards the following objectives:

* Production and delivery to the Prudential Regulatory Authority of the company quarterly and annual QRT's from a Solo and Group perspective.
* Production of Board papers including analytics of the Group and Solo's Solvency position to be presented to the relevant Board and Sub-Committee's bringing to their attention any key Solvency II issues and areas of judgement.
* Ensuring the company continues to adhere to EIOPA and PRA guidance and to understand the implications on Solvency II methodology, calculations and reporting requirements if there are any material changes.
* Ensure processes are efficiently followed and identify key areas that can be improved to meet the reduced timelines to report to the PRA.

In addition to the above, this individual will be accountable for the following:

* Preparation of the Solvency II quarterly and annual reporting instructions ensuring that they are suitable to distribute to Market Units and Centre functions.
* Ensuring all working files adheres to a high standard of governance, and that all evidence is clearly documented and can be referred to when audited and/or in future reporting periods.
* Being a key contact to the Market Units and Business Units to support their development and delivery to the Centre of Solvency II requirements.
* Support the development of a customer service' culture across Centre Finance to ensure that the function builds rapport with, and understanding of, each MU and major business units.
* Work closely with other teams across Solvency II and other work streams.
* Assisting on ad-hoc accounting tasks, which will typically provide exposure to a number of senior stakeholders.

Qualifications, Training and Experience

The successful candidate will be able to demonstrate:

* Qualified accountant (ACA, ACCA - or equivalent).
* Previous experience in Insurance (Solvency II experience would be beneficial but not essential).
* Financial accounting and reporting experience under IFRS (preferred but not essential).
* Group reporting/consolidation experience in a large group.
* Written/oral communication skills (incl. experience in preparation of accounting board papers).
* Good analytical and problem solving abilities.
* Ability to review and analyse often-significant amounts of financial and written data, identifying matters for further investigation and follow up.
* Experience of contributing towards large processes with multiple stakeholders.
* Ability to interpret accounting and insurance guidance and documentation.
* Ability to work effectively under pressure, managing conflicting tasks and deadlines.
* Ability to adapt to changing and ambiguous situations whilst delivering high quality results.
* An understanding of financial controls and importance of data integrity.
* Experience of working with financial systems (especially Cognos and TM1) an advantage.

Freedom of Action

The Global Accountant must be able to make their own decisions, where delegated to by the Global Reporting Manager, with total commitment to achieving the successful outcomes to the team's strategy set by the Head of Global Reporting. They will be capable of working on their own initiative, with limited supervision and guidance when required.