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- Tasks: Join our team to manage IFRS 17 reporting and analytics for a leading insurance business.
- Company: Be part of a top London market insurance firm with a strong reputation.
- Benefits: Enjoy a competitive salary, hybrid work options, and additional corporate perks.
- Why this job: This role offers growth opportunities, a dynamic culture, and the chance to impact financial reporting.
- Qualifications: Must be a qualified accountant (ACA/ACCA/CIMA) with IFRS 17 experience.
- Other info: Engage in ad hoc projects and continuous improvement initiatives.
The predicted salary is between 64000 - 76000 £ per year.
IFRS17 Senior Financial Accountant
HFG London, United Kingdom
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Posted: 8 days ago | Type: Hybrid Job | Permanent | Salary: GBP80000 – GBP90000 per annum + Benefits
A leading London market insurance business is looking for an IFRS17 Senior Financial Accountant to join their IFRS 17 Operations team. The successful candidate will be responsible for the production of the quarterly & annual reports to the group and the provision of required IFRS 17 results to wider stakeholders.
Responsibilities include:
- Maintain control of the processes for populating the GL with the IFRS17 results for all relevant entities.
- Manage the preparation of IFRS 17 data for monthly MI pack purposes (as required).
- Actively participate in the porting processes, including running the related IFRS17 models and data platforms, preparation of the quarterly results and insurance currency balance sheet, preparation and submission of budget and reforecast information, and preparation of supplementary information.
- Ensure completion of reporting to the agreed close process timetable and agreement of the timetable in relation to IFRS17 activities.
- Produce analytics and commentary to support regular or ad hoc queries related to syndicate reporting.
- Undertake a continuous improvement process to identify emerging issues and needs, ensuring prompt development and resolution.
- Involve in ad hoc projects where necessary, including leading them where appropriate.
- Research any technical accounting issues as may be required, including supporting other Finance teams on general accounting matters and advising on the IFRS 17 implications of Group initiatives, acquisitions, or other items.
The successful candidate for this IFRS 17 Senior Accountant role will need strong technical knowledge and previous experience with IFRS 17. The candidate must be a qualified accountant (ACA/ACCA/CIMA) and ideally come from an accounting practice firm.
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IFRS17 Senior Financial Accountant | London, UK | Hybrid employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IFRS17 Senior Financial Accountant | London, UK | Hybrid
✨Tip Number 1
Make sure to brush up on your IFRS 17 knowledge. Familiarize yourself with the latest updates and practical applications of the standard, as this will be crucial in demonstrating your expertise during the interview.
✨Tip Number 2
Network with professionals in the insurance and accounting sectors. Attend industry events or webinars where you can connect with people who work in similar roles, as they might provide insights or even referrals for the position.
✨Tip Number 3
Prepare to discuss your experience with financial reporting and analytics. Be ready to share specific examples of how you've managed IFRS 17 processes or contributed to improvements in reporting accuracy and efficiency.
✨Tip Number 4
Research the company’s recent projects or initiatives related to IFRS 17. Understanding their current challenges and goals will help you tailor your responses and show that you're genuinely interested in contributing to their success.
We think you need these skills to ace IFRS17 Senior Financial Accountant | London, UK | Hybrid
Some tips for your application 🫡
Understand IFRS 17 Requirements: Make sure to familiarize yourself with the specifics of IFRS 17, as this role heavily relies on your technical knowledge. Highlight any relevant experience you have in your application.
Tailor Your CV: Customize your CV to reflect your qualifications as a senior financial accountant. Emphasize your experience with IFRS 17, your accounting qualifications (ACA/ACCA/CIMA), and any relevant projects you've led.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss your previous experiences related to IFRS 17 and how they align with the responsibilities outlined in the job description.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no grammatical errors or typos, as attention to detail is crucial in accounting roles.
How to prepare for a job interview at HFG
✨Showcase Your Technical Knowledge
Make sure to highlight your strong technical knowledge of IFRS 17 during the interview. Be prepared to discuss specific examples from your previous experience where you successfully applied IFRS 17 principles in your work.
✨Demonstrate Your Analytical Skills
Since the role involves producing analytics and commentary, be ready to showcase your analytical skills. Prepare to discuss how you've handled complex data sets and provided insights in past roles.
✨Discuss Continuous Improvement Initiatives
The company values continuous improvement, so come prepared with examples of how you've identified issues and implemented solutions in your previous positions. This will demonstrate your proactive approach to problem-solving.
✨Prepare for Technical Accounting Questions
Expect questions related to technical accounting issues. Brush up on common challenges associated with IFRS 17 and be ready to explain how you would approach these issues, especially in relation to group initiatives or acquisitions.
