Head of Accounting Technical Policy

7 days ago

London, United Kingdom Harrison Holgate Full time
Head of Accounting Technical Policy (12 month FTC)

Finance & Accountancy

London

Reference: HH/RF-12348

A market leading insurance company is recruiting for a Head of Accounting Technical Policy for a 12-month fixed term contract.

Reporting to the UK CFO, you will be primarily responsible for developing and maintaining the Group accounting policies and defining an effective mechanism to ensure Group-wide compliance with accounting policies. Furthermore, you’ll act as the UK Financial Controller with accountability for the financial accounting processes and controls.

You will be expected to:

  1. Provide expert guidance on all accounting matters aligned with GAAP standards.
  2. Develop and maintain the Group Accounting Policies to establish clear guidelines.
  3. Implement an effective mechanism to ensure Group-wide compliance with accounting policies.
  4. Conduct ongoing assessments and provide comprehensive reports on the development of accounting standards, including their potential impact on the Group and Risk Bearing Legal Entities (RBLE).
  5. Take the lead in addressing technical matters with Group and RBLE auditors.
  6. Provide essential support for monthly, quarterly, and annual balance sheet reviews to ensure compliance with regulatory requirements.
  7. Act as the Financial Controller, enforcing adherence to European regulatory and statutory reporting requirements, and advising management on needed actions.
  8. Provide valuable insight and new ideas that drive continuous improvement.

Applicants must be qualified accountants with extensive technical knowledge of accounting concepts/theories and how they apply to the insurance industry. Relevant experience gained within insurance/reinsurance companies is essential for this role.

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