R2R (Accounting & Recs) (AEGAS)

Job Summary:

Work on period – end close cycle – Month-end/Quarter-end/Annual for local books of an UK based Insurance client

This position requires in-depth knowledge of insurance end to end understanding of Record to Report processes includes (Fixed Assets General Accounting, Month/Quarter end accounting, reconciliations, accrual management, payroll accounting , Intercompany and Tax)., The role requires critical thinking, hands on experience with admin systems

This position is responsible for providing subject matter expertise/ performing end to end review of the work performed/ establishing controls/ streamlining the process and developing domain knowledge of the offshore staff

Key Accountabilities:

General Accounting and Reconciliations

·           Reconcile the general ledger accounts, calculating appropriate adjustments and provisions and booking them to the ledger upon approval, performing intercompany postings and reconciliations, and preparing schedules to financial reports (income statement, balance sheet, cash flow)

·           Preparation & Review of Corporation Tax Returns, VAT Returns

·           Preparation & Review VAT/WHT/IPT Tax account reconciliations, comparing tax liabilities to tax payments

·           Knowledge of Tax payments and State Notice management

·           Requires the knowledge and ability to prepare Journals and Reconciliations, investigate problems and organize projects

·           Review and publish of open/aged items analysis report.

·           Coordinate with internal and external parties’ stakeholders to investigate the unreconciled balances

·           Experience of working on Blackline tool, TM1 and Oracle will be an added advantage

·           Is required to possess deep knowledge of the all the activities, work flow, expectations of all end clients

·           Stakeholder management (Internal/ External) to resolve process or system issues

·           Able to work on time sensitive deliverable during close period

·           To create systems and checks for internal compliance policies and guidelines and ensures maintenance of clear and precise records per the requirements

·           Prior team handling experience and stakeholder management (as required)

·           Verifies completeness and accuracy of accounting documents