Accounting Policy Advisor

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Accounting Policy Advisor required for the Finance function of this Glasgow listed corporate.  The Finance Policy team in Glasgow provide independent regulatory & accounting advice and review function for the UK, US and, to a lesser extent, other regions globally.  They provide specialised technical advice on accounting (IFRS/US GAAP) and regulatory capital and liquidity issues to all areas of the firm in order to ensure that it continues to meet minimum regulatory requirements and does so in an efficient way.  This team is high profile and face off to several key internal reporting teams as well as to the business units on new transactions and optimal structuring of existing transactions.

Primary responsibilities

  • Advising the business on:
    • Evolving Regulation and GAAP (US GAAP and IFRS) monitoring and reporting
    • Accounting and Regulatory Policy planning, production and maintenance
    • Accounting and Regulatory Training planning, production and maintenance
    • Advisory support, complementing the broader advisory work of Policy
  • Daily monitoring and capture of new regulatory and accounting publications
  • Preparation of an extensive suite of communications and reports on evolving regulations and accounting standards for key stakeholders to a strict timetable
  • Liaison with other functions across the business who play a similar role e.g. Government relations, Legal & Compliance, Risk etc.
  • Support and engage in wider team work in reviewing and communicating on new regulations e.g. finalisation of Basel III, implementation of these standards in Europe (via CRR), other evolving European legislation
  • Co-ordinate EBA (European Banking Authority) Q&A review process
  • Production of associated evolving regulation and GAAP metrics
  • Accounting and Regulatory Policy Development & Implementation
  • Policy author for accounting and regulatory policies, ensuring production in line with annual plan and including monthly deliverables against a strict timetable
  • Production of year end compliant IFRS Model Accounts, ensuring all new IFRS disclosure requirements relevant to the MS IFRS legal entity population are covered and appropriate application guidance provided
  • Delivery of associated training to reporting teams on the IFRS Model Accounts
  • Involvement in a diverse range of project work, including implementation of new accounting and regulatory requirements
  • Research proposed responses to stakeholder technical queries

You will be a qualified accountant with a strong technical background in accounting policy, stat accounts preparation; external audit or regulatory change (capital, or liquidity).  If you are coming from a technical accounting background, you will have a knowledge of IFRS and/or US GAAP.  Alternatively, if you are from a regulatory change background you will have a knowledge and understanding of the regulatory environment in which FS companies operate (PRA, EBA etc).  You will have the ability to work in a challenging environment and be comfortable communicating with people of all levels and experience. Strong writing and oral communication skills are imperative as is the ability to absorb technical information and eager to both learn and coach.

Salary up to £55,000 (DOE) + Bonus + Group Benefits.  Flexible and hybrid WFH arrangements on offer. Excellent training on offer coupled with genuine opportunities for personal and career development.

For further information contact Stuart Ringland on (01698) 440 337 or email stuart@lusona.co.uk

Permanent
24 January 2022
Accountancy
Regulatory Reporting / Change
up to £55,000 (DOE) + Bonus + Group Benefits
0141 530 4333