Division: Group Reporting & Tax

Reports To: Group Operational Lead Accountant

Key Relationships: Reporting Accounting Tax, Actuarial, Global Business, Actuarial, Investor Relations, Finance Change

Role Overview: The Group Accountant will take a key role within the delivery of Group operations, ensuring financial outputs are accurate, consistent, and reliable. This role will collaborate closely with senior finance and actuarial stakeholders to ensure robust reporting processes and controls.

Responsibilities

Group Accounting Assumptions, Expense Process & Controls

Production of accounting assumptions, ensuring alignment with IFRS requirements and technical guidance.
Contribute towards actuals, budgeting, and forecasting processes, leading the preparation and development of robust controls throughout.

Data Reconciliation & Integrity

Preparation of key data reconciliations to ensure completeness and accuracy.
Reconcile outputs and IFRS 17 calculation engine data transformations to ensure internal consistency and traceability.

Finance Operations & Ledger Posting

Carrying out IFRS 17 model runs and journal posting to the ledger.
Preparation of manual adjustments required as part of the group close process
Lead the reversal of GAAP postings within the ledger to ensure correct consolidation of the Group result in line with accounting standards
Operation of ledger rollover transactions, ensuring appropriate accounting and documentation.
Lead the development of controls and efficient processes within the Workday ledger system.

Governance & Reporting

Assist the Operational Lead Accountant with ledger control, including the opening and closing of accounting periods.
Analysis of the group ledger and supporting junior members of the team in preparation and review of ledger postings
Own the IFRS 17 to GAAP reconciliation process for the IFRS 17 Governance Forum.
Collaborate with the both Actuarial and Group Reporting teams to support the successful delivery of Beazley plc’s Annual and Interim Reports, IMS & IFRS 17 Governance Packs.

Technical Compliance & Oversight

Assist the Group Operational Lead Accountant to ensure continued compliance with IFRS accounting assumptions.
Ensure all postings and processes are in line with technical oversight papers as set by the Technical Accounting team and Operational Lead Accountant.

General

It is important that within all your interactions both internally and externally you adhere Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing. We also expect Beazley employees to

Comply with Beazley procedures, policies and regulations including the code of conduct
Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability (P&S) or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system
Display business ethics that uphold the interests of all our customers
Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
Comply with any specific responsibilities necessary for your role as outlined by your line manager, the P&S or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards & customer relationship management
Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups

Personal Specification

Education and Qualifications

University degree in any discipline
Professional accountancy qualification, preference for ACA/ACCA, or qualified by experience

Skills And Abilities

Highly technical in accountancy skills, especially UK GAAP and IFRS
General commercial and financial knowledge
Insurance and Lloyd’s specific knowledge
Strong analytical skills with attention to detail
Advanced excel skills, including PowerQuery/PowerPivot
Able to communicate effectively with others, both verbally and in writing
Able to work on own initiative
Strong team working skills
The ability to manage time, meet deadlines and prioritise

Knowledge And Experience

Proven post qualification experience, preferably gained within regulatory reporting in the Insurance sector
Experience of preparation and review of financial controls

Aptitude and Disposition

Outcome focussed, self-motivated, flexible and enthusiastic
Professional approach to successfully interact with management and peers
Diplomatic

Competencies

Technical competence / expertise
Speed and quality
Accuracy
Team working
Information seeking
Customer focus
Conceptual thinking
Analytical thinking
Planning
Flexibility

Group Reporting & Tax jobs

Group Accountant