At a Glance
- Tasks: Assist in producing financial reports and consolidations for a global insurance group.
- Company: Join Howden, a diverse and innovative global insurance group with a strong employee ownership culture.
- Benefits: Enjoy flexible working hours, career progression, and a supportive team environment.
- Other info: Dynamic workplace with opportunities for personal growth and development.
- Why this job: Make a real impact in financial reporting while collaborating with a passionate international team.
- Qualifications: Qualified accountant with knowledge of IFRS and strong Excel skills.
The predicted salary is between 55000 - 65000 £ per year.
Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries. People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.
We're looking for a new member of our External Reporting team, who will be responsible for assisting on Group consolidation and aspects of the Group’s internal and external reporting requirements. This will include monthly management accounts, Group Quarterly & Annual accounts, lender reporting and other ad hoc reporting requirements.
What you’ll be doing:
- Assist with production IFRS consolidated results for monthly management accounts and quarterly interim financial statements for external partners.
- Assist with the production of annual statutory accounts along with detailed note workings, including assisting in developing disclosures around sustainability and scenario modelling of various climate-related risks and opportunities.
- Supporting the group cash flow production.
- Supporting local entities with IFRS15 reporting, assessing revenue recognition under IFRS 15 lens and transitioning new acquisitions.
- Assisting with significant M&A accounting related activity and assisting with on-boarding new acquisitions to the group.
- Maintenance of process notes for monthly, quarterly and annual processes.
- Review of capex budget submissions and producing group capex budget pack.
- Ad hoc reporting requests both internally as well as other teams – Treasury, Tax, M&A, Divisional Finance.
Key Accountabilities:
- Timely and accurate production of various reporting packs, as well as production of quality detailed monthly consolidation reconciliations, suggestions for process and system improvements.
- You will also need to efficiently co-ordinate with business partners throughout the month end cycle.
- High quality outputs presented in a concise and easy-to-follow manner.
What qualifications we’re looking for:
- Knowledge of IFRS, UK GAAP and relevant UK Law.
- Prior experience of large multi-currency group consolidation a bonus.
- Prior experience in using OneStream or HFM and Unit4 or the ability to learn reporting tool quickly.
- Ability to work under pressure whilst maintaining quality of deliverables.
- Plans ahead, with a proven ability of meeting tight deadlines.
- You will need to consider information provided to you with a level of professional scepticism, and a personal drive for producing high quality work.
- Problem solving capability.
- Effective interpersonal skills and a team player.
- Advanced MS Excel (Index match and VLOOKUP formulae), data manipulation and analysis.
- Most importantly, you'll need to learn quickly and adapt to a constantly evolving business environment and Group structure.
- Graduate level education (or equivalent).
- Qualified accountant: 2-3 years PQE, ACA/ CA(SA) or equivalent.
A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:
- Our successes have all come from someone brave enough to try something new.
- We support each other in the small everyday moments and the bigger challenges.
- We are determined to make a positive difference at work and beyond.
Reasonable adjustments:
We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
Group Financial Reporting Accountant - External Reporting employer: London Insurance Life
Contact Detail:
London Insurance Life Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Financial Reporting Accountant - External Reporting
✨Tip Number 1
Network like a pro! Reach out to current employees at Howden on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on IFRS and UK GAAP. Be ready to discuss how your experience aligns with the role's requirements, especially around group consolidation and reporting.
✨Tip Number 3
Show off your problem-solving skills! Think of examples from your past work where you tackled challenges, especially in financial reporting or M&A activities. This will demonstrate your capability to adapt and thrive.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the Howden team.
We think you need these skills to ace Group Financial Reporting Accountant - External Reporting
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Group Financial Reporting Accountant role. Highlight your knowledge of IFRS and any relevant experience in group consolidation to catch our eye!
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 your background makes you a perfect fit for our External Reporting team. Keep it concise but impactful!
Showcase Your Problem-Solving Skills: In your application, don’t forget to mention specific examples where you've tackled challenges or improved processes. We love candidates who can think critically and adapt to changing environments!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at London Insurance Life
✨Know Your IFRS Inside Out
Make sure you brush up on your knowledge of IFRS and UK GAAP. Be prepared to discuss how these standards apply to the role, especially in relation to consolidation and reporting. Having specific examples ready will show that you’re not just familiar with the theory but can also apply it practically.
✨Showcase Your Analytical Skills
Since the role involves data manipulation and analysis, be ready to demonstrate your advanced Excel skills. You might be asked to solve a problem or analyse a dataset during the interview, so practice using functions like INDEX MATCH and VLOOKUP beforehand to ensure you're confident.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving capabilities and how you handle tight deadlines. Think of past experiences where you successfully managed pressure and produced high-quality work. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Understand the Company Culture
Research Howden’s culture and values. They emphasise collaboration and a no-limits mindset, so be ready to discuss how you align with these principles. Share examples of how you've worked effectively in teams and contributed to a positive work environment.