Head of Investment Accounting

5 days ago


London, United Kingdom Cornwallis Elt Full time

Head of Investment Accounting & Reporting - Hybrid (50%) - Life Insurance - Permanent


My client is a leading Life Insurance business looking to hire a Head of Investment Accounting and Reporting – a unique opportunity to take ownership of a vital function within a business entering an exciting phase of growth.


You will lead a high-performing team, responsible for managing the accounting and reporting across the business’ diverse investment portfolio. Reporting to the Group Treasurer, you’ll ensure robust financial controls, compliance with IFRS and Solvency UK frameworks, and deliver of high-quality investment reporting to support strategic goals.


What is expected by the Head of Investment Accounting and Reporting:

  • Lead the Investment Accounting and Reporting team, ensuring the delivery of timely and accurate investment reporting for half-year and full-year financial results.
  • Oversee monthly reconciliations of investment-related accounts and maintain rigorous financial controls.
  • Provide investment-related commentary and disclosures for IFRS and Solvency UK reporting.
  • Act as SME on investment accounting, supporting the evaluation of new asset classes and investment strategies.
  • Drive process improvement initiatives, particularly in treasury and investment operational systems.
  • Collaborate with internal stakeholders (e.g. Treasury, Finance and Investment teams), as well as external auditors to resolve accounting queries.


Essential experience required by the Head of Investment Accounting and Reporting:

  • Qualified Accountant (ACA, ACCA, CIMA) with significant post-qualification experience.
  • Extensive knowledge of fixed income assets, derivatives and repurchase transactions, as well as their accounting under IFRS and Solvency UK frameworks.
  • Experience leading and managing teams in a fast-paced, regulated environment.
  • Strong technical understanding of financial controls, reconciliations and reporting processes.
  • Exceptional analytical and problem-solving skills, with a keen eye for detail.
  • Proven experience in leading and managing a team, managing senior stakeholders.


Desirable skills required by the Head of Investment Accounting and Reporting:

  • Familiarity with accounting and treasury systems such as Oracle General Ledger, FIS Quantum and Bloomberg.
  • Exposure to process improvement or treasury transformation projects.


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