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Accountant

Employer
Canada Life Limited
Location
Potters Bar, United Kingdom
Salary
Competitive
Closing date
Dec 5, 2024
View more categoriesView less categories
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.

Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.

Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Job Purpose
An opportunity has arisen for an Accountant within the Investments team. This team produce all financial accounting and external reporting in line with internal policies and relevant accounting frameworks in respect of IFRS, local GAAP , GWL OSFI and regulatory reporting ( including FCA & Solvency II ) requirements of the CLUK investments business unit.

Key Accountabilities
  • Preparation of monthly trial balance and management accounts
  • Financial statements in respect of GWL IFRS requirements
  • Fee income invoicing and reconciliation of all debtor balances
  • Local GAAP entity financial statements
  • Local regulatory including FCA regulatory statements on a quarterly and annual basis
  • Preparation and review of balance sheet reconciliations, ICOFR requirements and maintain relevant documentation around the control environment
  • Assist in the co-ordination of the external interim & year audits.
  • Reconciliation of the company's inter-company positions and maintenance of working relationships
  • Maintaining control of the capital/liquidity movements of the assigned entity including but not limited to cash rebalancing, dividends and interest payments
  • Contribution to Board and Committee papers and presentations in respect of the Wealth and Asset Management entities.
Desired Knowledge / Experience / Skills
  • Wealth Management and/or Life Insurance Industry experience - desirable, but not essential
  • Qualified accountant
  • Strong ability to apply analytical skills to business problems
  • Excellent communication skills - able to address non-technical and technical audiences in formal and informal settings
  • Good attention to detail and strong interpersonal skills
  • Strong Microsoft Office experience and comfortable working with multiple systems for reporting and data manipulation.
Benefits of working at Canada Life

We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.

How we work at Canada Life

Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.

We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That's why we offer a range of training, flexible working and opportunities to grow and develop.

Diversity and inclusion

Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we're making in DEI, and we continue for it to be a significant focus.

"At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all." Nick Harding, Chief People Officer, Canada Life UK

We appreciate that everyone has different work and life responsibilities. We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.

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