Group Financial Reporting Accountant
Location – Bexhill or London – Hybrid
Welcome to Hastings Direct – From our Group HR Director Pam Angel
We’re a digital insurance provider with ambitious plans to become The Best and Biggest in the UK market. We’ve made huge investments in our data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We’re proud of the journey we’re on as a company and know that our continued success will rely on the contribution of our talented colleagues.
We provide insurance for over three million customers, but we know there’s even bigger opportunity out there. The fact you’re now reading this job advert means we’ve tempted you to find out more about #lifeatHD – we really hope you like what you see, and you’ll join us to share in the success of the exciting chapter that lies ahead.
We understand some people may not apply for jobs unless they feel they tick every box. If you are excited about joining us and think you have some of what we are looking for, even if you’re not 100% sure we would love to hear from you.
Role Overview:
Working in the Group Financial Reporting and technical accounting team of a UK financial services group, with growing businesses in general insurance underwriting, insurance broking and retail lending. The role has responsibility for producing and delivering all aspects of external reporting with a focus on IFRS 17.
You'll be responsible for acting as a technical accounting expert and adviser on IFRS 17, supporting month end, production of group quarterly results pack and disclosures for submission to parent company, reporting to the group audit committee and writing board papers.
Job Details
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Responsibility for the production and delivery of the Hastings group’s IFRS results to its parent company on a monthly and quarterly basis -
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Produce and delivery of the group’s IFRS reporting package, (financial statement disclosures) on a quarterly basis to its parent company for further consolidation as part of market RNS (stock exchange results announcement).
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Ensuring that the group’s accounting policies, including IFRS 17, IFRS 9, IFRS 15, amongst others have been accurately applied to the production of the external results
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Provide IFRS technical accounting advice, with particular focus on (but not limited to) IFRS 17 to the accounting operations team, senior management and other stakeholders
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Consider the accounting implications of transactions or changes to the operations of the Group and its subsidiaries in light of these standards
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Responsibility for engaging with the group’s parent company financial reporting department on technical accounting topics, focusing (but not limited to) on IFRS 17 developments
Skills we would love you to have
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Experience from within the technical advisory team of one of the Big 4 audit practices with particular focus on IFRS 17 technical accounting advisory support (recently qualified)
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Recent experience in the technical accounting/accounting policy development team/financial reporting team of a UK publicly listed insurance company, IFRS 17 experience is essential
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Background in Technical accounting, strong working knowledge of IFRS 17 and Group reporting
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Background in Financial Statements production or audit
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Solid experience of producing technical accounting memos and acting as a technical accounting adviser to management and the business at large
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Ability to understand complex commercial and financial arrangements quickly and develop accounting solutions that based on the applicable accounting standard within tight timeframes.
What we offer
Join us and you’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you’ll be helping to drive our growth, so in return, we’ll give you all the support, training and development you need. Not to mention plenty of recognition and rewards, and theaa scope to voice your ideas and put them into practice.
Reward
Salary – Attractive salary based on experience + car allowance (pay reviews also completed each year)
Flexible Working – We champion a flexible and hybrid working approach so please speak to your recruiter to discuss in more detail, including days in the office and at home.
Competitive Bonus Scheme - All colleagues are eligible for our annual 4Cs performance bonus, which is usually paid in March. The scheme is based on Hastings’ performance against our business goals and your own personal performance.
Physical Wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (also known as PMI) This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seen.
Financial Wellbeing – As well as providing you with 4x your salary with our life assurance cover and income protection at no extra cost, pension contribution match up to 10%, we are proud to provide you with an AWARD WINNING package which includes – discounts and cashback at everyday retailers and on our own products, fee free independent mortgage advice, and free access to financial wellbeing support.
Mental Wellbeing programme – At Hastings Direct we understand that mental health cannot not be scheduled, that’s why we have a range of support to help you keep yourself well. We have the thrive mental health app, our colleague assistance programme available 24/7, our own, in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs
There's more! – 27 days annual leave + bank holidays, with the option to buy or sell one of your contracted weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more ….
Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve
We deliver good outcomes for our customers every time by providing great products at the right price with our simple and straightforward service. We treat customers like we want to be treated - fairly, respectfully and with their best interests at heart
Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.
At Hastings Direct, we’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, or throughout your journey with us at Hastings, we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.
Job posting end date:
