Date Posted: 14/11/2024
Location: London
Job Type: Full time
About the role We are looking for a Head of Investment Accounting and Reporting to provide strategic leadership to the team managing the investment accounting and reporting for the group’s investments under IFRS and Solvency UK. This requires commercial understanding of the investment portfolio of financial assets, derivatives and repurchase transactions, in addition to the associated financial accounting processes and methods. Just is undertaking an ambitious growth phase in particular within defined benefit pension buy-in/buy-out transactions. A key enabler for this growth phase will be the effective development and delivery of investment accounting, reporting and asset valuation processes and controls. This role will be therefore be central to the successful delivery of Just’s strategy and strong stakeholder management skills will be required. Responsibilities Lead the Investment Accounting and Reporting team which is responsible for managing the investment asset information feed into the half year and full year reporting processes, dealing with external auditors and internal stakeholders. The team is also responsible for the monthly reconciliation of investment related balance sheet accounts and associated reconciliation of movements with income statements.
Establishing and maintaining high standards of rigor over regular processes and the associated application of financial controls is key to this role.
Develop and provide investment related commentary for IFRS and Solvency UK granular reporting disclosures
Engage and inform senior management on investment accounting matters
Lead the investment accounting subject matter expert support to Just’s modernisation and development programme to treasury and investment operational systems
Skills & Experience Qualified Accountant or commensurate experience is essential
Further relevant investment or treasury qualifications (or equivalent) are desirable
Experience in fixed income and derivative accounting at an insurer, bank and/or asset management firm
Experience in leading and managing a team; managing senior stakeholders; maintaining and enhancing controls and processes to meet best practice.
Strong knowledge of fixed income assets, derivatives and repurchase transactions, and associated accounting rules under IFRS and Solvency UK. Understanding of Solvency UK matching adjustment rules and practices.
Strong numerical abilities and commercial acumen to perform relevant statistical analysis and calculations
Strong analytical, problem-solving skills and advanced knowledge of financial controls
Financial and regulatory knowledge to ensure that investment assets and other financial reports are compliant with relevant regulations
Technology skills to utilise accounting and treasury software to keep track of investments, taxes and other important data or reports
Knowledge of Oracle General Ledger / FIS Quantum / Bloomberg highly desirable
Stakeholder engagement and relationship building
Company Benefits A Competitive Salary, Pension Scheme and Life Assurance
Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
Private Medical Cover and Income Protection, just in case
A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
Opportunity to progress within your career both in-role and within the company
FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
A variety of Employee Funded Benefits available to you via our Online Benefits Portal
Plus, several additional purchase options available for you and your loved ones
#J-18808-Ljbffr
About the role We are looking for a Head of Investment Accounting and Reporting to provide strategic leadership to the team managing the investment accounting and reporting for the group’s investments under IFRS and Solvency UK. This requires commercial understanding of the investment portfolio of financial assets, derivatives and repurchase transactions, in addition to the associated financial accounting processes and methods. Just is undertaking an ambitious growth phase in particular within defined benefit pension buy-in/buy-out transactions. A key enabler for this growth phase will be the effective development and delivery of investment accounting, reporting and asset valuation processes and controls. This role will be therefore be central to the successful delivery of Just’s strategy and strong stakeholder management skills will be required. Responsibilities Lead the Investment Accounting and Reporting team which is responsible for managing the investment asset information feed into the half year and full year reporting processes, dealing with external auditors and internal stakeholders. The team is also responsible for the monthly reconciliation of investment related balance sheet accounts and associated reconciliation of movements with income statements.
Establishing and maintaining high standards of rigor over regular processes and the associated application of financial controls is key to this role.
Develop and provide investment related commentary for IFRS and Solvency UK granular reporting disclosures
Engage and inform senior management on investment accounting matters
Lead the investment accounting subject matter expert support to Just’s modernisation and development programme to treasury and investment operational systems
Skills & Experience Qualified Accountant or commensurate experience is essential
Further relevant investment or treasury qualifications (or equivalent) are desirable
Experience in fixed income and derivative accounting at an insurer, bank and/or asset management firm
Experience in leading and managing a team; managing senior stakeholders; maintaining and enhancing controls and processes to meet best practice.
Strong knowledge of fixed income assets, derivatives and repurchase transactions, and associated accounting rules under IFRS and Solvency UK. Understanding of Solvency UK matching adjustment rules and practices.
Strong numerical abilities and commercial acumen to perform relevant statistical analysis and calculations
Strong analytical, problem-solving skills and advanced knowledge of financial controls
Financial and regulatory knowledge to ensure that investment assets and other financial reports are compliant with relevant regulations
Technology skills to utilise accounting and treasury software to keep track of investments, taxes and other important data or reports
Knowledge of Oracle General Ledger / FIS Quantum / Bloomberg highly desirable
Stakeholder engagement and relationship building
Company Benefits A Competitive Salary, Pension Scheme and Life Assurance
Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
Private Medical Cover and Income Protection, just in case
A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
Opportunity to progress within your career both in-role and within the company
FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
A variety of Employee Funded Benefits available to you via our Online Benefits Portal
Plus, several additional purchase options available for you and your loved ones
#J-18808-Ljbffr
