European Investment Accountant
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.
Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Job Purpose
The Investment Finance team is responsible for all investment accounting and reporting for European subsidiaries. This includes the production of monthly, quarterly and annual investment results for GWL and local finance teams that support statutory & regulatory returns.
This position is initially on a 12 month fixed term contract or secondment
Key Accountabilities
To report on the daily, monthly, quarterly and annual operational processes, in relation to all controls, balance sheet reconciliations and month end processing required for all investment financials, in a timely and accurate manner. This will cover all European funds and will form part of the Investment Financial Control Manager's quarterly certification
To assist the Investment Financial Control Manager in the review and monitoring of all valuation and unit pricing movements processed by the UK & European pricing teams, to ensure that correct and complete information is reflected in the reported financials
To assist the Investment Financial Control Manager in the review and monitoring of all tax and property accounting movements in relation to all European funds processed by the IFC team
To assist the Investment Financial Control Manager in the production of all auditable working papers for all European investment financials, including a detailed analytical review (P&L and Balance Sheet) for review by the Investment Financial Control Manager each reporting period
Communicate complex/technical investment accounting concepts to team members (new systems, new regulations) clearly to ensure all requirements are met and implemented effectively
Continually keep abreast of changes to finance/investment regulations & implement new procedures when necessary ensuring the Company's legal & statutory requirements are met
Assist in the continuous development and improvement of the Department's processes and procedures to ensure the provision of timely and accurate financial information for all European clients
Desired Knowledge / Experience / Skills
• Qualified Accountant (or equivalent)
• Investment accounting experience
• Willing to study for professional accounting exams or IAQ
• Ability to deal with complex tasks, unsupervised.
• Able to train new members of staff and work effectively in a team
• Good skills in relevant software applications, including excel, word, ICON, Viewfinder
• Ability to work on own initiative and to agreed targets
• Ability to work effectively in a team.
• Enthusiastic and confident approach to new challenges.
• Good verbal and written communication skills.
What you'll like about working here As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You'll also receive the support you need with your personal and professional development.
Diversity and inclusion Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences
