Senior Reporting Accountant

M&G; City of Edinburgh; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm is seeking a Manager/Expert to join the Technical Reporting team. The role involves assessing accounting implications of new business initiatives, supporting product design, and liaising with auditors. Candidates should be qualified accountants with experience in insurance accounting and financial reporting for life and pensions. This position offers a dynamic working environment in Edinburgh with flexible working arrangements.

Qualifications

• Qualified accountant with a minimum of 3 years post-qualification experience.
• Familiarity with UK GAAP and IFRS Solvency II reporting requirements.
• Experience in financial reporting for life and pensions businesses.

Responsibilities

• Assess technical accounting implications for new initiatives.
• Support design and review of new product features.
• Liaise with external auditors on technical accounting matters.
• Prepare technical papers for senior stakeholders.
• Build relationships with other teams supporting product launches.

Skills

Familiarity with insurance accounting

Experience in financial reporting

Handling complex transactions

Technical accounting background

Education

Qualified accountant with 3 years PQE

Job description

Overview

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Role Context

Do you want to be involved in helping to design and deliver the future of M&G’s life products? Join M&G’s Technical Reporting team to support the company’s ambitious and innovative new business plans. This team sits within the wider Finance team and plays a pivotal role in designing and implementing new propositions and products. The successful candidate will provide accounting expertise throughout the product lifecycle and deliver robust and innovative technical analysis for financial reporting.

Whilst willing to accept candidates with a wide variety of applicable experience, we have a particular interest in candidates who have experience in IFRS 17 implementation, especially with-profits and bulk annuities.

Key Accountabilities

• Assess technical accounting implications on IFRS, UKGAAP and Solvency II treatment for new initiatives under the Group’s Life Growth programme, including new product launches and transactions.
• Support design, structuring and review of new product features to enable accounting and commercial impacts.
• Liaise with external auditors on technical accounting matters related to IFRS 17 and Solvency II reporting, ensuring timely resolution.
• Prepare and review technical papers for senior stakeholders and external auditors, articulating complex accounting treatments clearly.
• Build and maintain effective working relationships with other teams including proposition, legal, actuarial business development and deal origination and execution teams supporting the product launch/transaction.

Required Knowledge and Experience

• Qualified accountant with a minimum of 3 years post-qualification experience (PQE).
• Familiarity with insurance accounting, including UK GAAP, IFRS Solvency II reporting requirements.
• Experience in financial reporting for life and pensions businesses; exposure to with-profits funds is advantageous.
• Experience in handling complex transactions and their accounting implications.
• Background in technical accounting within a financial services environment.
• Knowledge of M&G products, systems, and distribution methods is beneficial but not essential.

Work Level: Manager / Expert

Recruiter: Matt Campbell

Close Date: 24th October 2025

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they opt in to the scheme when applying.

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [e-mail]