Financial & Regulatory Reporting Accountant - 12 month Fixed Term Contract

M&G plc.
London, United Kingdom
May 21, 2022
May 29, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

How do we support our employees:
All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.

The Role:
Working with M&G Plc as a Financial and Regulatory Accountant means becoming part of a brand with a global reputation, a remarkable history and exciting plans for the future. If you're inspired to join us, and if you have the necessary qualities, then this could be the opportunity you've been looking for.

We have12 month fixed term contract positions which will begin working remotely and can then be based between working from hom and one of our offices in Edinburgh/Stirling/London.

Key Work Level Accountabilities:
Manager or Expert:
  • For people managers, accountable for managing and motivating others to ensure quality of delivery to customers and stakeholders
  • For technical specialists, accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise
  • Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
  • Manages conflicts that may impact delivery
  • Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
  • Identifies and anticipates need for changes to continuously improve quality and efficiency of output
  • Manages resources and risks using expert judgment, know-how and experience

In this role you will be a pivotal part of our Finance Ambition programme for the implementation of our new strategic consolidation solution. This role is responsible for supporting the delivery of the Tagetik solution for IFRS consolidation and UK GAAP sub-consolidation as well as delivering process change reporting for both M&G plc Group and solo entity reporting. Specifically, you will be responsible for driving and embedding change in the business, representing the needs of the consolidation and sub-consolidation teams to the programme.

You will be accountable for the overall delivery lifecycle including review business requirements. You are expected to contribute to design decisions and represent Finance during data migration and testing activities. The role-holder will also engage with other areas of the Ambition project to ensure cross-dependencies are identified and will be responsible for delivery of the future state process for Group and solo consolidated reporting. In addition to the technical delivery, you will also be responsible for supporting the delivery of future state business processes which will be implemented alongside the system delivery.

Key Responsibilities for this role:
  • Supporting the consolidation workstream to deliver programme objectives
  • Supporting the overall Consolidation Lead on a day to day basis and representing the voice of the business in the project
  • Acting as the interface between the Project Team and Finance teams to ensure successful implementation of business processes alongside the new Consolidation solution
  • Working with the finance function to understand how the changes impact the existing finance landscape and design ways to minimise disruption to the business in implementing the changes
  • Ensuring effective communications with all key stakeholders within the core project team
  • Supporting continuous improvement through routine and bespoke analyses
  • Providing input into key programme activities such as UAT, learning requirements and enabling business readiness
  • Gathering and evaluating business requirements in light of the scope of the project
  • Supporting the consolidation implementation lead in areas such as intercompany accounting, consolidation of funds, treatment of JVs

Key Knowledge, Skills & Experience:
  • An Accountancy qualification (e.g., ACA, ACMA, ACCA, CPA)
  • Experience of working on finance change projects with proven expertise to deliver large scale and complex improvement projects
  • Confident and comfortable with uncertainty and ambiguity in a project environment
  • Excellent communication and presentation skills to people across all levels
  • Able to apply logic and problem solving to complex consolidation problems
  • Knowledge of a finance function operation within insurance
  • Ability to manage and prioritise conflicting goals
  • Be able to speak the language of the business whether its IFRS, UK GAAP or Solvency II
  • Experience of developing strong working relationships and coordinating activities across distributed business areas (Financial Reporting, Accounting Production, Actuarial, Data)
  • Knowledge of Consolidation and Reporting systems
  • Resilience and determination to succeed in the face of unforeseen challenges and be a team player
It is desirable for the candidate to have:
  • Experience in the delivering Consolidation and Solvency II reporting systems implementations, including design, data migration and test strategy (ideally Tagetik)
  • Good knowledge of industry trends, best practice and developments, good networks / links with external bodies and individuals in the same field

Work Level: Manager or Expert
Recruiter Name: Martyn Jack
Closing Date: 1/3/ 2022

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

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