Corporate and Consolidations Accountant

Our client, a leading insurance group based at Lloyd’s, is seeking a Corporate and Consolidations Accountant to play a critical role in the preparation of complex accounting transactions and the consolidation of group financial statements.

Job Details

• Salary: £60,000 – £65,000 per annum
• Type: Permanent
• Location: London
• Email: brian@taylorjamesresourcing.com
• Reference: B843

Overview

This role will work in conjunction with the Senior Corporate and Consolidations Manager to ensure the smooth production of information from the ledgers necessary for regulatory returns, management information and quarterly group reporting. Exposure to the Lloyd’s insurance market would be beneficial; qualified candidates from other industries would also be positively considered.

Responsibilities

• Prepare the accounting of complex transactions in the relevant ledgers of the corporate entities (e.g., dividends in specie, IFRS16 adjustments, group eliminations).
• Prepare monthly and quarterly account reconciliations in relation to the above.
• Review and analyse remote office submissions and upload into PeopleSoft where applicable.
• Prepare Statutory Accounts and returns for the Dubai Office.
• Run revaluation and translation processes and reconcile their outputs.
• Run the consolidation process, including automated PeopleSoft processes, manual consolidation adjustments, and reconcile consolidation output.
• Review and resolve variances noted in reconciliations and other reviews.
• Review the work of peers.
• Prepare and post regularly occurring BAU journals for the corporate entities.
• Prepare reconciliation packs and link into underlying balance reconciliations for the corporate entities.
• Complete ad hoc investigations on balances that are the responsibility of the corporate accounting team as and when required.
• Prepare process documentation relevant to corporate accounting.
• Liaise with others, including both internal and external parties, to ensure deadlines for BAU tasks are met.
• Support the design of improvements to BAU processes and lead on implementation.
• Support the maintenance of a sound system of internal controls.
• Provide supporting documentation for internal and external audits.
• Actively participate on various project work and ad-hoc tasks, including carrying out testing of accounting and related system changes.

Benefits

We offer an excellent benefits package and hybrid working arrangements in a friendly and team‑oriented working environment.