Group Accountant - 12 Month FTC in Birmingham
Group Accountant - 12 Month FTC

Group Accountant - 12 Month FTC in Birmingham

Birmingham Full-Time 36000 - 60000 £ / year (est.) No home office possible
Beazley

At a Glance

  • Tasks: Join our Group Reporting team to deliver high-quality financial reports and enhance processes.
  • Company: Beazley, a leading insurance company with a focus on teamwork and innovation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Why this job: Make an impact in finance while collaborating with diverse teams and enhancing your skills.
  • Qualifications: Qualified accountant with experience in IFRS 17 and strong analytical skills.
  • Other info: Dynamic work environment with a commitment to continuous improvement and ethical practices.

The predicted salary is between 36000 - 60000 £ per year.

Location: Birmingham, London

Division: Finance

Reports To: Group Reporting Lead Accountant

Key Relationships: Group Reporting Lead Accountant, Group Operational Lead Accountant, Group Financial Controller, External Auditors, Actuarial Team.

Job Summary

The Group Accountant will play a key role within the Group Reporting team (IFRS 17 BAU), working closely with a wide range of stakeholders across the business. The role is responsible for delivering quarterly and annual reporting outputs, analysing results produced by the IFRS 17 calculation engine, supporting external audit activity, and contributing to ongoing process and control enhancements.

Key Responsibilities

  • Group Reporting & IFRS 17 Delivery
    • Support the Group Reporting Lead Accountant in producing high quality quarterly and annual Group reporting outputs, ensuring accuracy, consistency, and adherence to reporting timelines.
    • Execute IFRS 17 reporting processes, ensuring correct application of the standard and alignment with internal and external requirements.
    • Prepare IFRS 17 compliant financial statements, notes, and disclosures for inclusion in the Beazley plc interim and annual reports.
    • Support the preparation of IFRS 17 analytical reviews, including movement analyses, key drivers of results and variance commentary.
  • Analytical Review & Reconciliations
    • Perform analytical reviews across the Group P&L, balance sheet and cash flow, identifying unusual trends or variances requiring further investigation.
    • Carry out detailed reconciliations between source data, calculation engine outputs and ledger balances, ensuring completeness, accuracy, and traceability.
    • Investigate variances and work collaboratively with actuarial, FP&A and local finance teams to resolve data or accounting issues.
  • Controls, Documentation & Process Improvement
    • Maintain and enhance existing documentation, process notes and control frameworks, ensuring compliance with quarterly IFRS control requirements.
    • Contribute to continuous improvement initiatives across the reporting cycle, driving efficiency, control robustness and data quality.
    • Assist in maintaining the IFRS 17 chart of accounts structure, including oversight of ledger postings and mapping changes.
  • Audit Liaison
    • Act as a key point of contact for external auditors during interim and year end cycles, supporting audit requests, sample walkthroughs, and technical discussions.
    • Ensure timely preparation and submission of audit deliverables, including supporting documentation, reconciliations and variance explanations.
  • Ad Hoc & Wider Team Support
    • Support the delivery of reporting governance packs, internal management reports and technical papers as required.
    • Contribute to project work and ongoing enhancements related to IFRS 17, finance systems, automation or reporting transformation.
    • Collaborate with colleagues across Group Reporting, Actuarial, FP&A, Finance Operations and Finance Change to deliver end to end reporting outcomes.

General

It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers.

We also expect Beazley employees to:

  • Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.
  • Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
  • Display business ethics that uphold the interests of all our customers.
  • Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
  • Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas.
  • Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system.

Personal Specification

Essential Criteria

  • Qualified general insurance accountant – ACA/ACCA/CIMA
  • Experience of IFRS17 and other regulatory accounting standards
  • Experience liaising with third party consultancies such as EY and PwC
  • External audit experience either as part of an audit team or as part of a finance team

Skills and Abilities

  • Builds and maintains strong relationships at all levels
  • Ability to see the big picture while ensuring that details are not overlooked in delivery
  • Ability to make recommendations for improvements to processes and outlining potential solutions to challenges faced within the project
  • Ability to work at both detailed and summary level
  • Strong communication skills both verbally and in writing
  • Ability to work under pressure, and to tight deadlines

Knowledge and Experience

  • Agile delivery / project delivery

Aptitude and Disposition

  • Outcome focussed, self-motivated, very flexible and enthusiastic
  • Professional approach to successfully interact with senior management and colleagues
  • Technically innovative, a problem solver and solution builder
  • Confident to articulate your views and influence peers and management
  • Adaptable in a fast moving environment
  • Proactive approach

Competencies

  • Computer skills – Power Query, SQL Excel and MS office
  • Good interpersonal and communication skills
  • The ability to manage time, meet deadlines and prioritise
  • Must be able to work as part of a team
  • Attention to detail
  • Emotional intelligence
  • Ability to challenge and influence decision

Group Accountant - 12 Month FTC in Birmingham employer: Beazley

Beazley is an exceptional employer, offering a dynamic work environment in Birmingham and London where collaboration and innovation thrive. With a strong commitment to employee growth, we provide opportunities for professional development and continuous improvement, all while upholding our core values of being bold, striving for better, and doing the right thing. Join us to be part of a team that values teamwork and promotes a positive brand image, ensuring meaningful and rewarding employment.
Beazley

Contact Detail:

Beazley Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Accountant - 12 Month FTC in Birmingham

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who might know someone at Beazley. A friendly chat can open doors that a CV just can't.

✨Tip Number 2

Prepare for interviews by brushing up on IFRS 17 and other relevant standards. We want you to be the go-to person for any technical questions that come your way!

✨Tip Number 3

Show off your analytical skills! Be ready to discuss how you've tackled complex financial issues in the past. Real-life examples will make you stand out.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.

We think you need these skills to ace Group Accountant - 12 Month FTC in Birmingham

IFRS 17
Analytical Skills
External Audit Experience
Financial Statement Preparation
Reconciliation Skills
Process Improvement
Communication Skills
Project Delivery
Relationship Management
Attention to Detail
Problem-Solving Skills
Time Management
Technical Aptitude
Proactive Approach
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Group Accountant role. Highlight your experience with IFRS 17 and any relevant audit experience. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Keep it concise but impactful – we love a good story!

Showcase Your Analytical Skills: Since the role involves a lot of analytical reviews and reconciliations, make sure to mention specific examples where you've successfully tackled similar tasks. We want to know how you approach problem-solving!

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!

How to prepare for a job interview at Beazley

✨Know Your IFRS 17 Inside Out

Make sure you brush up on IFRS 17 and its implications for financial reporting. Be prepared to discuss how you've applied this standard in previous roles, as well as any challenges you've faced and how you overcame them.

✨Showcase Your Analytical Skills

Since the role involves performing analytical reviews and reconciliations, come ready with examples of how you've identified trends or variances in financial data. Highlight your problem-solving skills and how you collaborated with teams to resolve issues.

✨Prepare for Audit Discussions

As a key point of contact for external auditors, it's crucial to demonstrate your understanding of audit processes. Be ready to discuss your experience with audit requests and how you've supported audit activities in the past.

✨Emphasise Team Collaboration

This role requires working closely with various stakeholders. Share examples of how you've built strong relationships across departments and contributed to team projects, showcasing your ability to communicate effectively and work under pressure.

Group Accountant - 12 Month FTC in Birmingham
Beazley
Location: Birmingham

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