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IFRS17 Technical Accounting Expert (contract)

Employer
Randstad Financial & Professional
Location
London, United Kingdom
Salary
Negotiable
Closing date
Oct 4, 2024
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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
  • Providing IFRS 17 technical accounting advice and guidance
  • Practical IFRS17 implementation experience
  • Building and developing Excel models performing accounting and modelling calculations
  • Preparing Transition Accounts
  • Designing and supporting new processes, controls, and Working Day Timetables (WDT)
  • Designing, implementing, and testing the future state systems and solutions
  • Supporting the wider FRC Programme

Main Activities
  • Providing IFRS 17 technical accounting advice and guidance and developing technical papers
    (where needed) in accordance with governance requirements.
    * Build and develop Excel spreadsheets to perform accounting and modelling calculations required
    to identify data gaps, validate systems outputs, and meet other Programme requirements.
    * Support transition execution approach and plan, covering the opening balances and comparative
    financial statements.
    * Support with Audit engagement requirements and responding to queries.
    * Support the implementation of the FRC-related IT solutions (including the General Ledger, IFRS 17 Calculation Engine and Sub-Ledgers), including any related processes and controls for end-to-
    end reporting.
  • Support the Finance Function in testing activity, including ensuring testing issues are resolved on
    a timely basis.
    * Support the development and implementation of the Accounting Rules, Chart of Accounts,
    ledger posting and IFRS 17 disclosures.
    * Analyse the data inputs/outputs to/from the Calculation Engine and General Ledger, ensuring the outputs meet the reporting requirements, investigating any issues and recommending potential changes.
  • Work closely with all stakeholders, including the FRC Delivery Partner, Auditors, and other internal and external stakeholders.
  • Assist in ensuring that reporting solutions used across the Finance function are fit for purpose in
    the rollout of IFRS 17.
    * Present or support presenters on financial reporting matters at training events.
    * As appropriate, maintain a robust control environment in accordance with good practice and
    risk framework.
    * Provide administrative, logistical, and other support as required to the FRC Programme.
    * Other ad hoc tasks as required by the Project and FCD to ensure business readiness for IFRS 17
    (e.g., GL data cleansing, resolving data issues, and supporting data migration).


Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003

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