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Verified Job Accounting - Finance

IFRS 17 Technical Accountant long term contract

London, England
Accounting - Finance
#444214
Remote / WFH

Job Description

Job description
Our client is a Financial Services body operating at the heart of UK Government and we are looking to appoint a specialist IFRS 17 specialist to maintain a robust control environment in accordance with good practice and the organisation's risk framework and prepare the transition accounts. Based in Westminster (2 days per week), the role requires In-depth technical experience of IFRS 17 Insurance Contracts, including experience of working with organisations which have transitioned from IFRS 4 to the new standard. Understanding the key judgements, risk model changes, accounting policy choices and reporting requirements of transitioning to IFRS
• Deep industry knowledge of the IFRS 17 including through audits, other governance committees or technical working groups. Production of or audit of financial statements and disclosures relating to financial instruments and insurance contracts. Knowledge of the key tasks and processes for delivering compliant statements and disclosures. Understanding the risk modelling/governance frameworks required under IFRS 17, and how this aligns to business decisions, such as provisioning and pricing. Knowledge and experience of working with IT platforms/systems which are required for the successful transition to IFRS
• Additional strength in the following areas will enhance your application; In-depth technical experience of IFRS 17 Insurance Contracts and IFRS + Financial Instruments, including experience of working with organisations which have transitioned from IFRS 4 and IAS 3+ to the new standards. Understanding the key judgements, risk model changes, accounting policy choices and reporting requirements of transitioning to IFRS 17 and IFRS
• Deep industry knowledge of the financial instruments and insurance contracts including through audits, other governance committees or technical working groups. Production of or audit of financial statements and disclosures relating to financial instruments and insurance contracts. Knowledge of the key tasks and processes for delivering compliant statements and disclosures. Understanding the risk modelling/governance frameworks required across the industry for financial instruments and insurance contracts, and how these align to business decisions, such as provisioning and pricing. Knowledge and experience of working with IT platforms/systems which are required to enable reporting of financial/insurance products.
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