Pension Insurance Corporation plc
Pension Insurance Corporation plc
201 – 500 Employees
FinanceInsurance
Pension Insurance Corporation plc is a UK insurance and financial services company focused on securing retirement incomes for members of defined benefit pension schemes. It provides tailored pension insurance solutions, including buy-ins and buyouts, supported by expertise in risk management and asset and liability management. The company serves pension schemes sponsored by FTSE 100 businesses, multinational companies and public sector organisations, and its work is overseen by the Prudential Regulation Authority and the Financial Conduct Authority. For prospective employees, the organisation offers a professional setting centred on pensions, insurance, investments and long-term financial security.

Financial Accountant – London Hybrid

Prepare UK GAAP and IFRS reporting for Pension Insurance Corporation, overseeing month-end close, financial controls, audits and regulatory submissions.

Description

  • Produce accurate statutory and regulatory reports in line with applicable accounting standards and regulatory obligations.
  • Strengthen financial controls through disciplined balance sheet management, reconciliations and review procedures.
  • Support intercompany accounting, recharges and financial reporting across group entities.
  • Work with internal and external stakeholders on audits, reporting needs and continuous improvement.
  • Partner with PIC teams to meet business objectives, regulatory obligations and financial reporting standards.
  • Uphold PIC’s values through collaborative, accountable and high-integrity work.
  • Take ownership of month-end and year-end close activities.
  • Manage Service Company accounting, including accruals, prepayments, intercompany transactions, recharges and balance sheet reconciliations.
  • Conduct detailed balance sheet reviews, investigate discrepancies and resolve outstanding issues.
  • Prepare, assess and analyse journal entries and supporting schedules.
  • Prepare statutory accounts and related disclosures under UK GAAP and IFRS.
  • Complete PSA, ONS and other regulatory reporting submissions.
  • Prepare notes submissions, reconciliations and reporting packs for Group Reporting.
  • Coordinate external audits and address auditor questions.
  • Maintain reconciliations, review records and documentation while following finance policies and procedures.
  • Use advanced Excel and reporting platforms such as FCCS, Smart View and Oracle.
  • Find inefficient processes and deliver technology-supported improvements.
  • Support the wider Finance team, including providing cover for Accounts Payable.
  • Build and maintain effective relationships with finance and non-finance stakeholders.
  • Keep technical accounting knowledge current while developing reporting, analytical and stakeholder-management capabilities.

Requirements

  • Proven knowledge of preparing and delivering statutory accounts under UK GAAP and IFRS.
  • Strong understanding of intercompany accounting, cost allocations and group recharges.
  • Solid knowledge of balance sheet reconciliations and financial control principles.
  • Understanding of external audit procedures and regulatory reporting obligations.
  • Advanced Excel skills and experience with finance reporting systems, including FCCS and Smart View.
  • Knowledge of ONS reporting requirements.
  • ACA, ACCA, CIMA or equivalent qualification, or near completion with qualification expected within 12 months.
  • Strong problem-solving ability and a practical approach to resolving issues.
  • Clear communication skills for working with finance and non-finance stakeholders.
  • Strong organisation skills and the ability to manage competing priorities and deadlines.
  • Ability to analyse substantial data volumes and produce clear, accurate reporting and commentary.
  • Ability to plan and prioritise work against reporting deadlines and business goals.
  • Ability to operate within established policies, controls and procedures while maintaining compliance.
  • Experience preparing complete statutory accounts and accompanying disclosures.
  • Experience managing intercompany accounting and Service Company recharges.
  • Experience conducting balance sheet reviews and resolving reconciliation issues.
  • Experience coordinating external audits, handling audit queries and working with third-party service providers.
  • Experience using advanced Excel and financial reporting systems such as FCCS, Smart View or Oracle.
  • Experience in a regulated financial services or insurance environment.

Benefits

  • Competitive base salary.
  • Annual performance-related bonus plan.
  • Private medical insurance.
  • 28 days of annual leave, excluding bank holidays.
  • Generous pension scheme.
  • Travel insurance.
  • Private medical insurance.
  • Critical illness insurance.
  • Life assurance.
  • Income protection.
  • Additional benefits available.

Related Jobs