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Reporting Development Consultant (Project Accountant) - 10 Month Fixed Term Contract

M&G plc.
Closing date
24 Apr 2021

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Job Details

At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

How do we support our employees:
All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.

The Role:
The Reporting Development Consultant (Project Accountant) will report to the Head of Financial Reporting and will represent the Accounting Teams on the implementation of a new Oracle General Ledger, other new technology and processes, and IFRS 17 more generally. The Financial Reporting Teams provide all the Group, Statutory and Regulatory reporting for the Life Insurance Entities. The role requires a qualified accountant, with a wide range of Finance Specialisms and a detailed understanding of IFRS and Solvency II reporting metrics. They will be responsible for ensuring the detailed requirements and testing of the financial reporting requirements are implemented into the new system ad these are successfully embedded back into the business as usual teams.

The role holder will be responsible for identifying opportunities to simplify and improve current practices in order to maximise the value from the technology investment.

This is a 10 month fixed term contract/secondment opportunity and it will begin working remotely and will then have a blended approach working from home and from one of our offices in Stirling, Edinburgh or London.

Key Work Level Accountabilities:
Manager or Expert:
  • For people managers, accountable for managing and motivating others to ensure quality of delivery to customers and stakeholders
  • For technical specialists, accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise
  • Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
  • Manages conflicts that may impact delivery
  • Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
  • Identifies and anticipates need for changes to continuously improve quality and efficiency of output
  • Manages resources and risks using expert judgment, know-how and experience

Key Responsibilities for this role:
  • Work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G's operational risk.
  • Execute and monitor performance of the project team to support the strategic objectives of the programme and the business
  • Produce Operational and Project plans in order to deliver the robust solution in line with other business priorities such as BAU
  • Ensure appropriate controls are embedded into the processes and appropriate documentation to audit standard is signed off by the business prior to go live
  • Give the team clear responsibilities and stretching work objectives
  • Ensure the Director of Financial Reporting and the Head of Financial Reporting are kept up to date with progress on the programme

Key Knowledge, Skills & Experience:
  • Qualified Accountant with significant post qualification experience
  • Detailed knowledge of relevant regulatory and legal requirements and ability to adapt quickly to changes
  • Knowledge of financial services regulatory frameworks
  • In depth knowledge of financial accounting requirements for IFRS and Solvency II
  • Strong Knowledge of how governance, risk and compliance procedures impact the company.
  • Strong Stakeholder management skills
  • Experience of working on large corporate programmes
  • Qualified Accountant
  • Track record of influencing senior stakeholders
  • Oracle Fusion experience an advantage
  • Experience of leading and developing successful teams

Work Level: Manager or Expert
Recruiter: Daniel Tongo

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things
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