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IFRS 17 Technical Accounting Expert - London, United Kingdom - Triumph Consultants Ltd
Description
Role:
IFRS 17 Technical Accounting Expert –
Accountant Job Ref:
QAD 1771/0805
Pay Rate:
Competitive Market Rate Hours per week: 37 hours per week
Contract Length:
Initially 6 months, potentially extended to 2 years Location: London.
Hybrid – ideally 2 days per week in the office We are seeking a forward-thinking Accountant with the ability to understand and interpret complex accounting standards (particularly IFRS 17) and assess the impact of their application, analyse financial data, and communicate and present information to stakeholders.
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).
Key accountabilities:
Provide IFRS 17 technical accounting advice and guidance and develop technical papers
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.
Key requirements:
Fully qualified Accountant with experience providing IFRS 17 technical accounting advice and guidance.
Ability to build and develop Excel models performing accounting and modelling calculations
Proven ability to deliver to challenging timetables.
Strong analytical and communication skills, the ability to grasp new concepts quickly, and keen attention to detail.
A strong appreciation of controls and governance.
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