Finance Accountant

Pension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders.PIC is recruiting for a Finance Accountant to join its Reporting & Financial Management department on a 14 month Fixed Term Contract basis. In this role, you will take overall responsibility for ensuring accuracy of financial figures and supporting overall accounting for PIC property holdings within Pension Insurance Corporation Group's (PICG) financial and management reporting.As Finance Accountant within the Accounting & Finance Control team, your responsibilities will entail:Responsible for preparation of PIC property holdings' financial information and consolidation within PIC Group (transactions, journals, reconciliations, data entry, supporting information, explanations and all other information that may be required in the general ledger and financial records of the Group including P&L, Balance Sheet, SOCIE and Consolidation)Accounting tasks to support the effective month end closing accounting process, including consolidationEnsure timely delivery of input to quarterly and ad-hoc regulatory returns to the PRA, including the production of Solvency II related reportingPreparation of key controls and reconciliationsPreparing analytical review commentary on significant variances and/or developments on a monthly basisLiaising and keeping up to date with business changes and transactions with other teams within PIC, such as set up of new subsidiary company, investment in new real asset and/or other investmentsPreparing fit for purpose process flows, control procedures and user guidesIdentifying and developing process improvementsIdentifying and developing controls and control environment improvementsIdentifying technical issues (IFRS or SII) that require formal review and approval by Head of Technical AccountingLiaising with external auditLeading any ad hoc change requests or new requests from the accounting operational perspective, for example new real asset investment transactions that will have an impact on GL and other processesSupport the wider Accounting team and Finance department with finance projectsRequirementsExperience:Prior accounting experience Experience in entity and group accounting within financial services (preferred), ideally within insurance industry or similar within a Big 4 accounting environmentExperience in taking on existing processes and improve/simplifyKnowledge:Good knowledge of accounting processes and controlsGood working knowledge of accounting ledger systems e.g. OracleGood working knowledge of Microsoft Office package - especially ExcelFamiliar with International Financial Reporting Standards (IFRS) and its applicationGood knowledge of PRA reporting requirementsSkills:Qualified accountantStrong accounting and problem-solving skillsAbility to analyse large volumes of data and ability to organize work to meet tight deadlinesAbility to work within defined procedures as recommended by functional teamsDEI at PIC:At PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences. We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio-economic background, feels valued, heard and empowered to succeed. We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community. While we're proud of our progress, we recognise there's work ahead, and we remain dedicated to listening, learning and evolving together.BenefitsIn addition to a competitive base salary, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.