Corporate and Consolidations Accountant

Taylor James Resourcing; City Of London; Hybrid; GBP 60,000 - 65,000; Full time

Job summary

A leading insurance group is seeking a Corporate and Consolidations Accountant to join their team in London. The ideal candidate will be a qualified accountant with experience in financial services, preferably with exposure to the Lloyd’s insurance market. Responsibilities include preparing consolidation accounts and reconciling balance sheets. This permanent role offers a salary of £60,000 - £65,000 and a hybrid working environment.

Benefits

Excellent benefits package

Qualifications

• Qualified accountant with experience in financial services.
• Exposure to the Lloyd’s insurance market is beneficial.
• Ability to design improvements to BAU processes.

Responsibilities

• Prepare quarterly consolidation and complex BAU transactions.
• Reconcile balance sheet accounts for corporate entities.
• Prepare statutory accounts and returns for the Dubai office.
• Run the consolidation process with PeopleSoft.

Skills

Team-oriented collaboration

Financial reporting

Consolidation accounting

Variance analysis

Education

Qualified accountant

Tools

PeopleSoft

Job description

Our client, a leading insurance group at Lloyd’s, is seeking a Corporate and Consolidations Accountant to join their team in London. The successful candidate will be offered a salary of £60,000 - £65,000 per annum and an excellent benefits package, along with a hybrid working environment.

Job Overview

This well-established company has an excellent market reputation and a friendly, team-oriented working environment. Whilst exposure to the Lloyd’s insurance market would be beneficial, qualified candidates from other industries will be positively considered.

Key Responsibilities

• Preparing quarterly consolidation and regularly occurring complex BAU transactions
• Reconciling subsequent balance sheet accounts for all corporate entities’ general ledgers, including two overseas offices and two wider group company entities
• Preparing accounting for complex transactions, such as dividends in specie, IFRS16 adjustments, and group eliminations
• Reviewing and analyzing remote office submissions and uploading into PeopleSoft where applicable
• Preparing statutory accounts and returns for the Dubai office
• Running revaluation and translation processes, and reconciling their outputs
• Running the consolidation process, including automated PeopleSoft processes and manual consolidation adjustments
• Reviewing and resolving variances noted in reconciliations and other reviews
• Preparing and posting regularly occurring BAU journals for corporate entities
• Preparing reconciliation packs and linking into underlying balance reconciliations for corporate entities
• Completing ad-hoc investigations on balances which are the responsibility of the corporate accounting team as and when required

Requirements

The ideal candidate will be a qualified accountant with experience in financial services, preferably with exposure to the Lloyd’s insurance market. The ability to work in a team-oriented environment and support the design of improvements to BAU processes is essential.

Please note that this role is permanent and based in London. If you are interested in this opportunity, please contact [e-mail], quoting reference B843.

We are an equal opportunities employer and welcome applications from all qualified candidates.