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IFRS17 Technical Accounting Expert

Cedar
Posted a day ago, valid for 11 days
Location

London, Greater London SW1A2DX, England

Salary

£700 - £800 per day

Contract type

Full Time

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Sonic Summary

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  • Cedar is seeking an IFRS 17 Technical Accounting Expert for a government department with a contract duration of 12 months.
  • The role requires demonstrable IFRS 17 practical implementation experience and a strong background in creating Accounting Policy papers.
  • The daily rate for this position ranges from £700 to £800 and is classified as inside IR35.
  • Key responsibilities include providing technical accounting advice, developing Excel models, supporting audit engagements, and ensuring compliance with IFRS 17 reporting requirements.
  • Candidates should have practical IFRS 17 experience and the ability to design and implement new processes and solutions, with public sector experience being a plus.

IFRS 17 Technical Accounting Expert

Cedar are partnering with a government department who require a IFRS 17 Technical Accounting Expert with demonstrable direct IFRS 17 practical implementation experience as well as a substantive background of creating Accounting Policy papers.

Contract: 12 months

Daily rate: 700-800 per day Inside IR35

Location: London

Working Pattern: Hybrid

Key responsibilities:

  • Provide IFRS 17 technical accounting advice and guidance and develop technical papers (where needed) in accordance with the organisations governance requirements.
  • Build and develop Excel spreadsheets to perform accounting and modelling calculations required to identify data gaps, validate systems outputs, and meet other Programme requirements.
  • Support transition execution approach and plan, covering the opening balances and comparative financial statements.
  • Support with Audit engagement requirements and respond to queries.
  • Support the implementation of the related IT solutions (including the General Ledger, IFRS 17 Calculation Engine and Sub-Ledgers), including any related processes and controls for end-to-end reporting.
  • Support the Finance Function in testing activity, including ensuring testing issues are resolved on a timely basis.
  • Support the development and implementation of the Accounting Rules, Chart of Accounts, ledger posting and IFRS 17 disclosures.
  • Analyse the data inputs/outputs to/from the Calculation Engine and General Ledger, ensuring the outputs meet the reporting requirements, investigating any issues and recommending potential changes.
  • Work closely with all stakeholders, including Delivery Partner, Auditors, and other internal and external stakeholders.
  • Assist in ensuring that reporting solutions used across the Finance function are fit for purpose in the roll out of IFRS 17.
  • Present or support presenters on financial reporting matters at training events.
  • As appropriate, maintain a robust control environment in accordance with good practice and the organisation's risk framework.
  • Provide administrative, logistical, and other support as required by Programme.
  • Other ad hoc tasks as required by the Project to ensure business readiness for IFRS 17 (e.g., GL data cleansing, resolving data issues, and supporting data migration).

Essential Experience

  • Practical IFRS 17 implementation experience.
  • Ability to provide IFRS 17 technical accounting advice and guidance.
  • Building and development of Excel models performing accounting and modelling calculations.
  • Preparation of Transition Accounts.
  • Design and support of new processes, controls, and timetable.
  • Design, implementation and testing of the future state systems and solutions.
  • Previous government or public sector is desirable but not essential

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