Accountant Manager - Statutory Reporting

Hove, East Sussex
08 May 2017
31 May 2017
Qualification Level
Fully qualified
Seniority Level
Contract Type
Full time, Permanent
  • Company Info
  • Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK. But it’s also about you –how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.

  • Department Info
  • From HR and Digital teams through to Group Finance, Risk and Corporate Comms – our Group function support our businesses across the UK and abroad. Delivering essential services and activities that have a real impact on our business and our customers lives, we enable our people to do what they do best, contributing to delivering a great customer service, profitability and strategic growth.

  • Job Duties
  • PURPOSE:  Manage the final delivery of statutory results in accordance with International Financial Reporting Standards (IFRS) and all associated disclosures for Group and Entity accounts.



    Delivery Management

    Provide assurance of the completion of key deliverables, as assigned by the Head of Statutory Reporting, for the statutory reporting process for LGAS and various legal entities. Enable the team, through coaching and review, to deliver all required financial reporting, along with supporting analysis, meeting Group Finance and other customer requirements, including the co-ordination of inputs and timescales from all other teams involved, plus result commentary and disclosure details.

    Leading Statutory Reporting includes:

    Reporting entity IFRS results and disclosures for Group, quarterly

    Business segment IFRS results for Group, LGAS, Annuities, and Tax, quarterly

    Legal Entity results for entity boards

    Keeping abreast of industry developments and best practice

    Ensure reporting is performed to agreed levels of accuracy, with appropriate liaison with Group technical resources and external auditors. Adopt a proactive approach to delivering innovative timescale and process efficiencies.

    Manage and monitor issue resolution during reporting production, ensuring communication with key stakeholders and appropriate reconciliation and consolidation of key metrics.

    Work with the Auditors from a financial reporting aspect and ensure all requirements are established and delivered to agreed quality levels.

    Provide expert IFRS technical knowledge to the team and ensure all reporting is in line with new standards.



    Customer Relationship Management

    Work with key customers on reporting issues, including agreeing reporting requirements and deadlines, with effective communication and presentation of results.

    Proactively engage with Group and Prudential Risk to ensure the delivery of financial results continues to meet needs and quality expectations. Challenge the reporting production process and deliver innovative process and timescale improvements.

    Work with LGAS and Legal and General Retirements (LGR) Finance teams, agreeing the timing, content and format of segmental reporting to enable those teams to take end to end accountability for the financial and regulatory results for their businesses. Ensure the relationship between business unit results and entity level and consolidated results is understood and reconciled.

    Engage with all customers to ensure their future requirements and needs are understood and planned for. Advise on technical issues within a financial reporting framework.


    Treating Customers Fairly

    Ensure that the appropriate Finance MI, processes and systems are in place to provide support to Group Finance, Prudential Risk, LGAS, Annuities and Group Tax so that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policy.


    Internal Relationship Management

    Work with internal stakeholders and suppliers to ensure deliverables are understood and planned for seamless integration into the operations and financial reporting processes. Ensure that the team maintains their own relationships with relevant stakeholders and suppliers.

    Key internal relationships: FRC Actuarial reporting teams, Group Tax, LGIM, LGIM Property, Group Finance Technical, Finance Change team.

    Work with the Group tax team to ensure deliverables required for the tax process are understood, produced and reconciled


    Process Management

    Lead the application of processes and controls in a timely and accurate fashion to enable the ongoing production of financial reporting and ensure acceptance of all system and process development impacting these processes.

    Contribute to the ongoing review and challenge of processes to establish efficiencies within the financial reporting team, transferring activity where appropriate and driving efficiencies whilst maintaining control and quality. Challenge the teams to deliver innovative timescale and process improvements.




    People Management

    Take the lead in all matters with regard to the management of employees, ensuring that management discretion is used in a consistent manner and that the area follows the Group’s policies and procedures.



    Lead and manage teams through all production activity planning phases, agreeing and setting requirements in terms of timeliness and quality. Lead the agreement of all planning with stakeholders, resulting in a co-ordinated cross functional plan, ultimately leading to the timely delivery of results to Group Finance and other customers.


    Projects & Change Management

    Manage the reporting teams’ contributions to all group, business and internal projects, ensuring requirements are understood and agreed, planned and implemented appropriately.

    Engage with FRO Change and business unit change to provide financial reporting insight to projects, ensuring requirements for ledgers and reporting are thoroughly considered and included in project plans.

  • Skills Required
  • Financial Reporting

    Detailed knowledge of current IFRS reporting requirements, working knowledge of upcoming standards and proposals, working knowledge of some aspects of US GAAP

    Regulatory Reporting

    Good knowledge of requirements of PRA and FCA.  

    Change Management

    Working knowledge of the principles of change management


    Qualified Accountant

    Specific Experience

    4+ years pqe in a financial services environment, preferably with a life insurer

  • Benefits
  • Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 30 days' holiday, private medical insurance, performance related bonuses, discounts at both a huge range of high street stores and our own great products, as well as a 12% car allowance scheme, your hard work will be rewarded when you join us.

    For more information please contact

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