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Date Added: Sat 21/12/2024

Technical Accounting Expert

Westminster Abbey, SW1A, UK
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Company: SMARTSOURCING PLC

Job Type: Contract, Full Time

Salary: £650 - £750/day

Urgent role for a Technical Accountant with IFRS17,12 mths, SW London
Rate £650-£750 p/d Inside IR35
Location - London SW1A for Hybrid working 1-2 days onsite each week. (8 hr day 9 to 5).
12 Months contract - Deadline Fri 20th Midday

Clearance Requirements: SC Clearance is preferred, but certainly ELIGIBILITY for SC Clearance if not already held.

Main Duties:
•You will provide IFRS 17 technical accounting advice and guidance
• You will need IFRS17 implementation experience
•Building and developing Excel models performing accounting and modelling calculations
•Preparing Transition Accounts and performa disclosures
•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 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
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