Head of Product Ledger Accounting

4 weeks ago

Cardiff, United Kingdom Legal & General Full time

Your role at a glance
Lead the Product Ledger Accounting team to deliver timely and accurate financial reporting to the agreed working day timetable. Provide strong engagement with the LGAS Reporting and divisional finance teams, ensuring latest accounting standards are understood and applied.

What you'll be doing
- To manage the team in accordance with the Company’s policies and procedures, including the Partnership Agreement, so that the team’s business objectives are achieved consistently.
- Lead the Product Ledger Accounting relationships with divisional business and finance teams to ensure reporting is delivered to the agreed timescales, the impact of divisional changes is understood and issues are escalated where appropriate.
- Responsible for ensuring the teams deliver accurate and timely monthly financial accounts with related revenue, balance sheet, tax or other regulatory returns completed in accordance with Accounting Operations timetables. Ensure latest accounting standards are understood and applied to all reporting outputs.
- Responsible for ensuring Product Ledger Accounting operate robust financial controls in the delivery of statutory and regulatory reporting. This will include maintaining an appropriate process control framework covering process documentation and EUC's, and includes liaison with Group Internal Audit and external auditors to ensure all key milestones are met and risks are well controlled.
- Oversee, control and deliver system and process change into Product Ledger Accounting. Lead initiatives to identify opportunities for process improvements and ensure delivery of project and continuous improvement driven change initiatives impacting systems and processes into production without impact to service levels.
- Lead strategic change projects which impact Accounting Operations, working in partnership with relevant change teams. Oversee all business-driven change projects, or initiatives, whether stand-alone or part of a broader initiative, which impact the team’s processes or systems.
- Responsible for ensuring that for the reconciliations retained by Product Ledger Accounting, the team delivers accurate and timely reconciliations to ensure alignment to the standards and requirements set out by the Reconciliation Operations function.
- Ensure that the appropriate processes and systems are in place to provide support to the business divisions so that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policy.

What we're looking for
- A qualified accountant with significant post qualification experience within a Finance environment.
- The jobholder will have knowledge of financial services and preferably insurance accounting.
- The jobholder will have extensive financial and management accounting experience, with experience of working in a control environment.
- Ability to work independently in a fast-paced and rapidly changing environment.
- Using logical argument and data, challenge peers and Directors.
- Experienced people manager able to demonstrate positive performance management.

**Benefits**:
When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, 30 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of - both for our own products and at a range of high street stores and online offerings.

About L&G
The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towa

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