Financial Accounting Principal

1 week ago

Crawley, West Sussex, United Kingdom Chubb Full time
Interested in growing your career within one of the largest commercial insurers in the world?
We have a new opportunity available for a Financial Accounting Principal to join our finance team. This role can be based in our Crawley or Glasgow office.

The role will work within our Global Data Centre (GDC), which provides IT Support to Chubb companies across the world.

2) Application Development Management (ADM) which supports the development and maintenance of Global Software Solutions through Project Management.

Reporting to the Head of Expense Reporting & Analysis, Glasgow, the role of the Financial Accounting Principal is to manage financial transactions and provide understanding of the balance sheet; to ensure that all processes operate in a controlled environment and to generally facilitate financial controllership and accounting of GDC activities.

This role would suit an ambitious and analytically minded individual with an accounting qualification and 2+ years post-qualifying experience.
The GDC Financial Accounting Principal role responsibilities can be split into five key areas:
Ownership of the GDC balance sheet, and financial accounting entries
Reporting and control of net recoveries
Management of capitalisation of Application Development Projects
Ownership of the GDC balance sheet, and financial accounting entries
Ensure all balance sheet accounts relating to GDC entities are accurately reconciled in a timely manner.

Manage and review / post as appropriate all GDC journal entries ensuring group policy is adhered to, with sufficient backup provided.

Work closely with the Glasgow Fixed Asset Team for fixed asset management and posting.
Reporting and control of net recoveries

Working in conjunction with COG IT & Operations Divisional Finance Officer and central team, ensure proactive financial management of net recoveries, identification of risks and opportunities and key balance sheet levers.

Management of capitalisation of Application Development Projects

Work with the GDC Applications Finance Business Partner to ensure consistent application of Group Accounting policy and all associated policies and processes.

Monitoring and movement of WIP entries; provide analysis on planned Capitalisation; liaison with Fixed Asset Team to ensure correct entries to Fixed Asset Register
Provide analysis as required to the wider GDC Project Management and PMO teams ensure that all year-end deliverables are completed in a timely and accurate manner, including:
Capacity to work in a team setting and perform tasks/projects independently
Understanding of accounting and financial reporting principles and practices
Excellent knowledge of MS Office and familiarity with financial computer software

Competitive salary & pension scheme, annual bonus scheme, 25 days annual leave plus ability to purchase 5 additional days, Private Medical cover, Employee Share Purchase Plan, Life Assurance, Subsidised gym membership, Comprehensive Learning & development offerings.

Employee resource groups, Networking, mentoring & development opportunities, 1 day annual Charitable leave, Cycle to work scheme, Active Sports & social committee, Employee Assistance program
Diversity & Inclusion.

At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Please contact us to request accommodation.
Chubb is a world leader in insurance.

With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.

The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

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