Group Financial Accountant (668040)

The role sits within the Global Finance Shared Services team and is responsible for Record-to-Report (R2R) operations for the Charles Taylor Administration Services (CTA) business and Charles Taylor Group Companies, including preparation of the monthly balance sheet reconciliations, management and statutory accounts, along with technical finance accounting activities. This role is primarily focused on Group related accounting, including Pensions, Leases, IFRS2, IFRS9 and is responsible for the Head Office recharges globally. The jobholder will be expected to have relevant Group accounting experience, working closely with the Group Financial Reporting Team, the regional R2R teams, the Offshore R2R transactional accounting team, Tax, FP&A, business and third party stakeholders, internal and external auditors. The role requires an accountant with specific Group and technical accounting knowledge and depth of experience.,

• Ownership of accounting and financial reporting and local finance operations activities for the relevant UK based entities to ensure that ledgers are always accurate and complete and in accordance with IFRS and associated group accounting policies.


• Ensure that monthly close activities are performed based on a consistent process that ensures complete and accurate information being submitted to CT Group (via Cognos) in a timely basis.


• Ownership of the monthly balance sheet reconciliation process to ensure robust and timely completion, old balances are investigated and resolved, and that all the output stands up to scrutiny for audit.


• Prepare and monitor intercompany balance reporting across the CT Group ensuring no imbalances at month end


• Prepare Group payroll, depreciation, general accounting, pensions, leases, borrowing and revaluation journals.


• Perform tax accounting activities including producing the quarterly UK Group VAT return, statutory reporting (GAAP and IFRS) and assisting with the Global Head of Tax with UK & Group tax computations and analysis.


• Prepare the monthly variance analysis of balance sheet and P&L (flux analysis), challenge and investigate any variances including trends and action any outcomes in a timely manner.


• Prepare the monthly Group recharges including pay and reward, from CTA to the CT subsidiaries and assist in the preparation of transfer pricing calculations.


• Prepare the weekly cash flow forecast and input into TM1.


• Ensure all payroll, pay and rewards costs are recharged correctly and liaise with Payroll to ensure all employees have correct cost centres.


• Maintain Fixed asset register


• SME for the Lease accounting System


• SME for UK Finance for iipay payroll roll out.


• Weekly review of Non recoverable CTA invoices and liaise with P2P team to reconcile PO system financial activities and GRNI on a monthly basis.


• Key point of contact for internal and external auditors and prepare the annual statutory accounts for the UK local entity accounts within the job holder remit.


• Support the Finance business partner with general accounting (chart of accounts, journals, accruals, prepayments, period close and open), and month-end activities and review.


• Assist with the transition of business finance function for acquisitions (new systems and processes).


• Support with any Group consolidation tasks as needed (back up cover).


• Support the business with accounting and administration as required.


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Values

The Job Holder is expected to act as a role model for the Charles Taylor Values:

• Integrity


• Collaboration


• Care


• Agility


• Accountability


Ad hoc duties

As requested by your Line Manager or relevant Board Director, the Job Holder will perform reasonable ad hoc duties within the Job Holder's capabilities.


• Fully qualified accountant (ACA, ACCA or equivalent), or qualified by experience.


• Experience of working in a Group reporting role, with extensive UK interactions


• Detailed knowledge and working experience of IFRS


• Good working knowledge of UK VAT, CT and PAYE (desirable)


• Change management mindset and an ability to improve current process and controls.


• Experience of SUN accounting systems (desirable)


• Proficient with Microsoft Excel, PowerPoint, and Word


• Highly numerate with excellent communication skills, teamwork, and collaboration skills


• Analytical and detailed problem-solving skills.


• Ability to speak English fluently.


• Ability to prioritise and work under a tight schedule.
  
  Charles Taylor (CT), is a leading global provider of professional services and technology solutions to the insurance industry. We are a profitable, growing organisation that is highly regarded in the insurance industry, employing some of the industry's 'best in class' professionals and technical experts. Our services and solutions support every stage of the insurance lifecycle and every aspect of the insurance operating model, across all major commercial insurance lines as well as technical areas of personal insurance. We serve a diversified blue-chip international customer base that includes national and international insurance companies, mutuals, captives, MGAs, Lloyd's syndicates and reinsurers, along with brokers, distributors and corporate insureds.


Charles Taylor is PE-backed, following a majority investment by Lovell Minnick Partners in January 2020, and has strong ambitions for organic and acquisition-led growth.

Our delivery of high quality, tailored services and solutions to our clients is backed by our core values of support, excellence in people, client partnership, quality of work, entrepreneurship and positive change. We look for employees who exemplify these values to join us and help drive our growth., At Charles Taylor, we are proud to be an Inclusive Employer. We provide an environment of mutual respect with zero tolerance to discrimination of any kind regardless of age, disability, gender identity, marital/ family status, race, religion, sex or sexual orientation.

Our external partnerships and the dedicated work we do in promoting a transparent and fair recruitment and selection process all contribute to the successful, inclusive and diverse culture and environment which we are proud to be a part of at Charles Taylor.