Corporate and Consolidations Accountant

Corporate and Consolidations Accountant. to £65,000

This leading insurance group at Lloyd’s has an excellent market reputation and a friendly and team oriented working environment. They offer an excellent benefits package and hybrid working.

Whilst exposure to the Lloyd’s insurance market would be beneficial qualified candidates from other industries would be positively considered.

The Corporate and Consolidations Accountant responsible for preparing the quarterly consolidation, preparing regularly occurring complex BAU transactions and the reconciliation of the subsequent balance sheet accounts for all corporate entities’ general ledgers including two overseas offices and two wider group company entities.

The role will work in conjunction with the Senior Corporate and Consolidations Manager to ensure the smooth production of information from the ledgers necessary for the population of regulatory returns and management information as well as quarterly onward group reporting.

Main duties

Preparing the accounting of complex transactions in the relevant ledgers of the corporate entities such as dividends in specie, IFRS16 adjustments and group eliminations

Preparation of monthly and quarterly account reconciliations in relation to the above

Review and analysis of remote office submissions and upload into PeopleSoft where applicable

Preparation of Statutory Accounts and returns for Dubai Office

Running of the revaluation and translations processes as well as reconciling their outputs

Running of the consolidation process including automated PeopleSoft processes as well as manual consolidation adjustments, and the reconciliation of consolidation output

Review and resolve variances noted in reconciliations and other reviews

Reviewing the work of peers

Prepare and post regularly occurring BAU journals for the Corporate entities

Prepare reconciliation packs and link into underlying balance reconciliations for the Corporate entities

Complete ad hoc investigation on balances which are the responsibility of the Corporate accounting team as and when required

Preparation of process documentation relevant to Corporate accounting

Liaise with others including both internal and external to ensure deadlines for BAU tasks are met

Support the design of improvements to BAU processes and lead on implementation

Support the maintenance of a sound system of internal controls

Provision of supporting documentation for internal and external audits

Active participation on various project work and ad-hoc tasks including carrying out testing of accounting and related system changes