Phoenix Group

Oversight Accountant

Phoenix Group
£50000 - £55000 per annum + 16-32% bonus, 10% pension, 38 days holiday
24 Mar 2023
07 Apr 2023
The Phoenix Group
Approved employers
Approved employer
Job role
Contract type
Full time
Experience level
Newly qualified

An opportunity to join the UK's largest long-term savings and retirement business. We are hiring an Accountant to join our Reconciliations Team within Phoenix Fund Accounting team.

Salary and benefits: Up to £55,000 plus 16% bonus up to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more
Location: Edinburgh
Closing Date: 06/4/2023
Job Type: Permanent

We have an incredible opportunity to join us here at Phoenix Group as an Accountant to join our Reconciliations Team within Phoenix Fund Accounting team.
The Fund Accounting Reconciliations team is responsible for managing and controlling a full range of finance transactions and processes that result in complete and accurate accounting records in the Oracle ledger, controlled balance sheets and well managed & controlled period end close activities. This role will provide and oversight support for the month end activities and production of team's outputs.
In addition to delivering core month end outputs to a high standard, you will also play a key role in the continued development of the team, support planning and co-ordination activities, work side by side with the wider Finance Department, and engage with key stakeholders at all levels in the business.
You will strive to maximize reliability and efficiency at all times through the continuous development and improvement of the accounting and reporting processes, while demonstrating role-model behaviours and setting the benchmark for financial controls excellence.

Who are we?
We want to be the best place that any of our 6,800 colleagues have ever worked.
We're the UK's largest long-term savings and retirement business. We offer our 13 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£310 billion of assets under administration. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.

Key Responsibilities:
Ensure the accurate closure of the IFRS Oracle ledger each month end by the completion of key controls and MI related tasks.
Support analysts with a day-to-day activities and oversight of the reconciliations.
Carry out analytical reviews/verification checks to ensure ledger accuracy at month end.
Use initiative to suggest, and take the lead on, the development of operational controls to maximize reliability and efficiency
Point of contact for internal and external audit in respect of processes/responsibilities aligned.
Support the team in analysing the impact of complex business-driven projects on critical accounting processes

What We're Looking For:
Qualified accountant (Qualified by experience will also be considered)
Demonstrates a good level of understanding of key finance reporting processes, finance systems, data, risks and controls within a Financial Services organisation or equivalent.
Ability to analyse and interpret data for communication with stakeholders.
Enjoys building networks across accounting and the wider business.
Displays accountability of tasks and deliverables.

Experience of finance operational change ideally within a life insurer or equivalent.

What We Offer
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
Find out more about #LifeAtPhoenix

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