Group Financial Reporting Accountant

2 weeks ago


London, United Kingdom Aventum Group Full time

Job Description We are an independent, privately owned, debt-free global (re)insurance group operating across the underwriting and broking sectors. Through our wholesale (Consilium) and MGA (Rokstone) platforms, AGL offers clients a range of specialist solutions in all lines of Property and Casualty (re)insurance and is writing more than circa $1.As a Group Reporting Accountant, you will play a critical role in ensuring accurate and timely financial reporting for the organization. Reporting directly to the Group Financial Controller, you will be responsible for consolidating financial data from various entities within the group and preparing consolidated financial statements in compliance with accounting standards and regulatory requirements. Additionally, you will contribute to financial analysis, budgeting, forecasting, and ad-hoc reporting to support strategic decision-making processes.

Consolidate financial information from subsidiary entities and prepare consolidated financial statements by relevant accounting standards (e.g., Liaise and manage third-party relationships responsible for the preparation of subsidiary financial statements.
Ensure accuracy, completeness, and compliance of financial data through thorough review and analysis of subsidiary reports.
Coordinate with finance teams across different departments and geographical locations to gather financial data for consolidation purposes.
Assist in the preparation of financial reports for internal stakeholders, executive management, and external parties such as regulators, auditors, and investors.
Support the annual audit process by providing auditors with necessary documentation, explanations, and schedules.
Develop and maintain accounting policies, procedures, and controls to ensure financial data integrity and compliance with regulatory requirements. This will include the preparation of accounting policy framework papers.
Collaborate with cross-functional teams to drive process improvements and efficiency initiatives within the finance function.
Stay updated on changes in accounting standards, regulations, and industry best practices to ensure compliance and optimize financial reporting processes.
Provide support for special projects, acquisitions, and other initiatives as required by management.

Work closely with internal stakeholders, including finance teams, actuaries, and legal departments, to gather necessary information for accurate reporting.

Assist the transformation team in internalisation statutory accounts production, and implementation of accounting software.
Stay abreast of changes in accounting standards and regulatory requirements, ensuring the company's practices remain up-to-date and in compliance.

Maintain comprehensive documentation of financial reports and ensure proper record-keeping by company policies.

Qualified Accountant (ACA, ACCA, or equivalent).
Strong knowledge of UK GAAP and IFRS, with an understanding of regulatory requirements for insurance companies.
Attention to detail and a commitment to producing high-quality work.



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