Job Description

The Senior Accounting Manager will report to the Head of Financial Reporting and will represent the Accounting Teams on the implementation of a new Oracle General Ledger, other new technology and processes, and IFRS 17 more generally. The Financial Reporting Teams provide all the Group, Statutory and Regulatory reporting for the Life Insurance Entities. The role requires a qualified accountant, with a wide range of Finance Specialisms and a detailed understanding of IFRS and Solvency II reporting metrics. They will be responsible for ensuring the detailed requirements and testing of the financial reporting requirements are implemented into the new system ad these are successfully embedded back into the business as usual teams.
The role holder will be responsible for identifying opportunities to simplify and improve current practices in order to maximize the value from the technology investment.

This is a permanent opportunity which can be based in Stirling, Edinburgh or London.

Key Work Level Accountabilities:

Manager or Expert:

• For people managers, accountable for managing and motivating others to ensure quality of delivery to customers and stakeholders
• For technical specialists, accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise
• Applies judgment to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
• Manages conflicts that may impact delivery
• Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
• Identifies and anticipates need for changes to continuously improve quality and efficiency of output
• Manages resources and risks using expert judgment, know-how and experience

Key Responsibilities for this role:

• Work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G’s operational risk.
• Execute and monitor performance of the project team to support the strategic objectives of the programme and the business
• Produce Operational and Project plans in order to deliver the robust solution in line with other business priorities such as BAU
• Ensure appropriate controls are embedded into the processes and appropriate documentation to audit standard is signed off by the business prior to go live
• Give the team clear responsibilities and stretching work objectives
• Ensure the Director of Financial Reporting and the Head of Financial Reporting are kept up to date with progress on the programme

Required Knowledge, Skills, and Abilities

Qualified Accountant with significant post qualification experience. Detailed knowledge of relevant regulatory and legal requirements and ability to adapt quickly to changes. Knowledge of financial services regulatory frameworks. In depth knowledge of financial accounting requirements for IFRS and Solvency II. Strong Knowledge of how governance, risk and compliance procedures impact the company. Strong Stakeholder management skills. Experience of working on large corporate programmes. Qualified Accountant. Track record of influencing senior stakeholders. Oracle Fusion experience an advantage. Experience of leading and developing successful teams