IFRS17 Technical Accounting
Posted 5 days 14 hours ago by Cyberteam
£35 Annual
Contract
Not Specified
Other
London, United Kingdom
Job Description
IFRS17 Technical Accounting Expert x1
- 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
Key Responsibilities:
- Providing IFRS 17 technical accounting advice and guidance and developing technical papers (where needed) in accordance with the 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 po-tential changes.
- Work closely with all stakeholders, including the FRC Delivery Partner, Auditors, and other inter-nal 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 (eg, GL data cleansing, resolving data issues, and supporting data migration).
Hybrid - London 1-2 days per week
£ NEGOTIABLE per day, INSIDE IR35
12 months rolling contract