Trainee Accountant - London, United Kingdom - Irish Life

Irish Life
Irish Life
Verified Company
London, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Location:
Potters Bar, GB


  • London, GB
    Company:CLFIS Limited
    Description:
  • Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
  • Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.
  • Canada Life UK is transforming to create a more customerfocused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
    Job Purpose

As a trainee accountant at Canada life you will be responsible for assisting with the successful delivery and preparation of monthly, quarterly and/or annual reporting and accounts, ensuring alignment with underlying accounting records.


  • You will be fully supported in the progression towards your qualification to become a qualified accountant under the supervision of a qualified accountant who will mentor and support your progress

Key Accountabilities

  • Accurate updating of our financial systems with daily and weekly sales and other financial information, ensuring the integrity of the accounting data by making sure it is up to date and accurate.
  • Produce daily reports during the monthend close cycle and reconciliation to the underlying financial records, as well as other financial reports related to monthend, quarterend and yearend cycles and processes with coaching and support in more complex reporting.
  • Contribute to external reporting submissions, such as those requested by Office of National Statistics (ONS), ABI, FCA, FSA, CBI and PRA.
  • Assist and support annual processes such as:
  • Internal and external auditing processes during year end reporting
  • Data collation for regulators or for our parent companies
  • Completion of tax returns for review by Senior Management
  • Assist with the analysis of earnings for the monthly management accounts including analysis using SAP & Data Repository/ Finance reporting system eg Hyperion.
  • Provide analysis for regular departmental and business reports taking in to account commercial and statutory considerations.
  • Assist in preparing financial reports and data uploads as part of monthly accruals and allocation reporting process.
  • Assisting all appropriate accounting processes and controls within the team or function with support from your people manager. Support the continuous improvement of department processes and procedures, suggesting process and reporting improvements to senior management. Suggestions will take into account uptodate industry developments and issues to ensure to ensure the provision of a timely, accurate, commercial and efficient accounting service to the business and key stakeholders.

Desired Knowledge / Experience / Skills

  • Can accurately record and input financial information for immediate line management.
  • Intermediate MS excel skills demonstrating efficient use of spreadsheets
  • Ability to deliver work to a high standard under tight time pressure with attention to detail
  • Has the ability to develop and maintain strong relationships, acting with integrity and role modelling the company values at all times.
  • Can confidently and clearly communicate ideas and information
  • Able to effectively plan, organise and execute their own work with supervision, making management aware of conflicting priorities and readjusting their workload accordingly.
  • Good problemsolving skills and attention to detail, being able to identify issues and interdependencies.
  • Can make some decisions independently in order to progress issues but able to exercise sound to assess when matters need to be escalated.
  • Has commenced study for accountancy exams (ACCA/CIMA).
  • An interested and inquisitive individual who is committed to their own ongoing professional and personal development.
  • Studying towards ACCA or CIMA

Benefits of working at Canada Life

  • We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
    How we work at Canada Life
  • Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are
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