Description of role:
Certain Advantage are recruiting on behalf of our Public Sector client for two IFRS Accounting Specialists on 12 month contract assignments; working fulltime and visiting the Central London office 1-2 days a week.
This role is deemed Inside IR35.
Fantastic opportunity to support an important department on a change programme changing the way this department reports its finances to align with IFRS9 and IFRS17 .
Main Activities
- Providing IFRS technical accounting advice and guidance and developing technical papers (where needed) in accordance with 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 responding to queries.
- Support the implementation of the IT solutions (including the General Ledger, IFRS 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 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 the FRC 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 rollout of IFRS 9 / 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 risk framework.
- Provide administrative, logistical, and other support as required to the Programme.
- Other ad hoc tasks as required to ensure business readiness (e.g., GL data cleansing, resolving data issues, and supporting data migration).
Your Experience
- Experience in providing either IFRS 9 OR IFRS 17 technical accounting advice and guidance
- Practical IFRS implementation experience
- Experience Building and developing Excel models performing accounting and modelling calculations
- Experience in Preparing Transition Accounts
- Experience in designing and supporting new processes, controls, and Working Day Timetables (WDT)
- Experience designing, implementing, and testing the future state systems and solutions
- Eligibility to obtain UK SC Clearance is a requirement.
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