Technical Accountant Role

Technical Accounting Expert

Rate - £700 (a day)
Location - London (Hybrid)
Duration - 6 Months (initially)
IR35 - Inside (Must use an umbrella company)

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.