IFRS 17 Technical Accounting Expert

London, England


 


When it comes to exporting, having a great product or service is only half the story. Putting the right finance and insurance in place can make the difference, helping you to win contracts, fulfil orders and get paid.


 


UK Export Finance is the UK government’s export credit agency. We support exports for any size company and across all industries, from capital goods to services and intangibles like intellectual property. Our mission is to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer.


 


The Financial Control Division (FCD) is a friendly, dynamic, and fast-paced team working at the heart of UK Export Finance. We are responsible for ensuring that effective financial control processes are in place. We coordinate the Department’s estimates, budgets and forecasting processes. We produce accurate and reliable monthly management accounts, annual accounts, and other published financial information. We manage the UKEF bank accounts, purchase ledger, fixed asset registers and the general ledger (CODA). We advise on accounting treatments, own the UKEF accounting policies and are working with others across the organisation and beyond to implement large-scale changes in our accounting policy, systems, and processes in order to operationalise IFRS 9 and IFRS 17 for 2025-26 reporting.


 


It’s an exciting time to join us as we support a business that is at the heart of delivering government export and trade policy to build the UK economy back stronger. We are also in a unique period of transition as we prepare to implement IFRS 9 and IFRS 17 accounting standards that will affect how we account for nearly all our front-line business. This will also involve implementing new systems, including a new general ledger and new processes. The successful applicant will be supporting the Financial Control Division during this busy period of change.


 


As an IFRS 17 Technical Accounting Expert your main responsibilities would be: 


 



 


Person Specification



 



 



 


PLEASE NOTE:


Due to the urgent need to fulfil this role, the successful candidate must have active SC Clearance at the point of application


 


You will need to provide details of the following:


 


SC Clearance held by:


Date last used:


Expiry Date:


 


Essential



 


DE&I commitment


UKEF guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group.


 


Armed Forces Covenant    


UKEF is proud to support the Armed Forces Covenant and as such, we guarantee to interview all veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all the essential criteria, we will interview the best candidates from within that group. 


 


In applying for this role, you acknowledge the following, this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different.


 


Please be aware that this role can only be worked within the UK and not Overseas.