Intercompany Accountant

Location London
Discipline: Finance & Strategy
Job type: Permanent
Contact email:
Job ref: J4703
Published: about 1 month ago
New opportunity as an Intercompany Accountant, whereby you will provide support and ensure accurate and transparent financial reporting across interconnected entities within the wider company. The primary objective of the Intercompany Accountant is to meticulously manage and reconcile intercompany transactions within the insurance company's diverse business units by maintaining precision in intercompany accounting processes, the accountant aims to foster financial integrity, facilitate efficient cross-entity operations, and support compliance with regulatory standards. This role plays a crucial part in upholding the company's financial health and enhancing stakeholder trust through seamless coordination and reconciliation of intercompany accounts. Key Responsibilities & Accountabilities: • Conduct thorough reconciliation of technical intercompany positions, ensuring alignment with accounting standards and internal guidelines. • Identify and resolve discrepancies in intercompany accounts to maintain accurate financial records. • Develop comprehensive process flows for intercompany transactions, documenting end-to-end processes. • Standardize intercompany accounting processes to enhance efficiency, reduce errors, and ensure consistency across entities. • Work closely with counterparts in other entities to reconcile balances and differences, both technical and non-technical. • Foster effective communication and coordination to address intercompany issues promptly and proactively • Provide guidance and support to various teams within the finance department regarding intercompany accounting matters. • Conduct training sessions or workshops to enhance awareness and understanding of intercompany processes. • Work collaboratively with the reporting team to produce accurate group financial results. • Ensure timely consolidation of intercompany data for inclusion in financial reports. • Play a key role in the preparation and validation of information for annual reports and regulatory filings. • Ensure compliance with relevant accounting standards and regulatory requirements. • Respond to ad hoc requests from internal and external stakeholders, providing timely and accurate information. • Address special projects or analyses related to intercompany activities as needed. To be successful in this role, you will need to be/have: • Strong analytical skills with the ability to collect, interpret, and analyse financial and non-financial data. • Ability to create clear and comprehensive process flows and documentation for intercompany processes. • Excellent attention to detail and accuracy in financial reporting. • Excellent communication skills to collaborate with teams across entities, convey complex financial information, and address queries effectively. • Proven ability to identify issues, analyse root causes, and implement solutions to address intercompany challenges. • ACA or ACCA qualified accountant • University Degree and/or relevant professional qualification • Office 365 (MS teams, MS Power Point, MS Excel, MS Word, SharePoint)