Senior Technical Accountant

M&G plc.
London, United Kingdom
Competitive Salary
May 02, 2021
May 05, 2021
Job Role
Contract Type
Full Time
Level of qualification
CIMA, Qualified

The Role:

M&G Plc is creating a unified Finance function to help manage the merger of the two businesses and the de-merger from the Prudential Group; creating a dynamic and well controlled Finance function for the future. M&G Plc is required to produce consolidated IFRS financial statements and Group Solvency 2 reporting.

The Senior Technical Accountant is responsible for contributing to the Group accounting policies and provision of advice to the business on IFRS accounting and S2 reporting treatment for initiatives such as new products and transactions. It is an exciting opportunity for an accountant who enjoys complex problem solving to be involved in establishing the basis for financial reporting for a new listed group.

We are currently recruiting for a permanent Senior Technical Accountant and the location for this role is flexible.

Key Responsibilities for this role:

  • To provide advice on the treatment under IFRS and Solvency 2 reporting for proposed initiatives including new products and transactions
  • To analyse the impact of new accounting standards on the Group results and provide technical accounting support to the implementation
  • Production of IFRS and Solvency 2 reporting technical analyses as directed by the Group Technical Accounting Manager
  • Support the preparation of the Group IFRS financial statements, including ownership of a number of notes to the accounts, produced to auditable standards
  • Ensure sections of the Group Accounting Manual and associated Group accounting policies allocated to the role holder are maintained and communicated across M&G Plc's finance effectively
  • To support the delivery of initiatives required as part of the demerger project to ensure Group reporting processes meet all reporting and control requirements of a newly listed plc
  • To liaise with the external auditors on IFRS and Solvency 2 reporting technical matters ensuring a timely resolution is reached
  • To maintain effective working relationships with other teams in M&G Plc Finance ensuring that Group technical accounting needs are communicated, understood and met
  • Work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customer outcomes and a reduction in M&G Prudential's operational risk

Key Knowledge, Skills & Experience:

You will need:

  • To be a Qualified Accountant with some post qualification experience
  • Detailed knowledge of IFRS and Solvency 2 reporting requirements
  • Detailed knowledge of financial reporting regulatory requirements and legislatory frameworks
  • Experience of dealing with complex transactions and associated accounting
  • Strong knowledge of industry trends, best practice and developments, good networks / links with external bodies and individuals in the same field Significant experience of working in a technical accounting team
  • Experience of insurance accounting, including requirements of UKGAAP and IFRS
  • The ability to distil complex ideas, problems or requirements into simple, effective plans and solutions
  • To be comfortable managing tensions and conflicts to achieve outcomes that work for all parties.

Recruiter Name: Emma Pryde

Work Level: Manager or Expert

Closing Date: 14th April 2021

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