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Temporary IFRS Transformation Accountant

Job Title: Temporary IFRS Transformation Accountant
Contract Type: Temporary
Location: Cardiff
Industry:
Salary: £500 - £700 per day
Start Date: asap
Reference: JN -052021-2571860_1620319617
Contact Name: Ross Brown
Contact Email: jobboardemailhandler@nncuy8uwmpalji8ge51zsg7ul7a1gw6e351drxtzl70durpon.1t-u30leaq.um5.apex.salesforce.com
Job Published: May 06, 2021 17:47

Job Description

This is an exciting opportunity for a fully qualified accountant Accountant with IFRS experience to join a large FS business in Cardiff

Client Details

My client is a large FS business based in Cardiff

Description

The sucessful candidate will be joining this award winning business on a 6 month Interim assignment.

The business are currently implementing a new finance system to comply with IFRS 17, using both a central and local team approach. The successful candidate will be a core part of this central team, liaising with actuarial, IT and accounting teams across the Group. They will have great exposure to all areas of the business and senior stakeholders. Key responsibilities within the role are:

  • Working closely with the technical accounting policyworkstream to ensure the solution meets the business requirements. This will involve:
    • reviewing and testing the data and reporting from source systems (actuarial, policy & administration, expense and finance ledgers) to ensure that the correct data can be sourced to drive the accounting and reporting requirements.
    • Modelling business requirements and use cases as a basis for testing the configuration and outputs of the system
    • Working with the vendor to ensure that the accounting & reporting solution is correctly configured and designed in readiness for validation and testing
  • Becoming anSME on the product (GMM,PAA measurement models), including:
    • the underlying transactions and data requirements,
    • how they drive the associated accounting rule
    • how to design and implement into the central solution
    • how to design and configure required reporting within the system
    • assistance in the knowledge transfer of the product to users across the business
  • Assistance in the development of the new accounting and reporting processes to feed into the IFRS 17 product.
  • Significant involvement in the design, planning and execution of the accounting & reporting solution system both from a functional and user perspective
  • Supporting the testing and data workstreams
  • Working with central and local project management, including local workstreams, to support planning and execution of delivery plans

Profile

  • The sucessful candidate will have;
  • Accounting qualification such as ACA, ACCA or CIMA with a strong technical background in IFRS reporting,
  • 2+ years of post qualification experience
  • A good understanding of IFRS 17 knowledge would be ideal, however candidates with solid working knowledge of IFRS in a FS environment would be essential
  • Experience of accounting projects such as regulatory/ accounting standards transition/adoption
  • Experience in end-to-end finance processes such as finance operations, financial close and reporting
  • Strong communication and relationship management skills
  • Analytical and critical thinker with problem solving attitude
  • Ability to take ownership
  • Organised, flexible and calm under pressure

Job Offer

Immediate start

6 month temporary assignment

Day rates up to £700 per day (in scope of IR35 so PAYE or Umbrella companies only)

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