Trainee Accountant

4 weeks ago

Dublin, Ireland Irish Life Group Full time

Full Time 3 YearFixed Term Contractposition Hybrid role based in our City Centre offices What we offer We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week. We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few. Further details on our benefits package can be accessed hereBenefits ( life- ) Role Overview Reporting to the Finance Manager, the role of Trainee Accountant will involve providing accounting services in relation to a portfolio of reinsurance transactions. This role will rotate within the Finance team, therefore gaining a broad knowledge and skills set. What you will help us to achieve Preparation of monthly and quarterly accounts on a transaction basis and reporting same to the Finance Manager/Senior Finance Manager. Management of the day to day working relationships with brokers and clients, specifically relating to queries and analysis on client statements. Preparation of variance analysis explaining transaction results versus prior periods and/or budget. Ensuring transaction accounts are settled in a timely manner and liaise with treasury personnel to ensure sufficient liquidity is available to facilitate settlements or to advise of incoming receipts to facilitate investment. Preparation of monthly and quarterly management reporting, including variance analysis. Reconciliation of accounts to the general ledger system, ensure third party backup is available to support all balances and entries. Adhere to all internal controls over the financial reporting process. Facilitate and assist with provision of information to internal and external audit teams in order to facilitate appropriate audit of transactions. What you will need to be successful in the role Strong numerical ability. A part qualified accountant with a good understanding of the accountancy career path. Relevant finance experience in a life insurance or life reinsurance environment is an advantage. Well developed verbal and written communication skills. An ability to plan work, manage time effectively and ensure timely completion of all deliverables. A solid academic record and may be educated to Degree level in a numerical discipline (e.g. Accountancy, Statistics, Economics.) A good working knowledge of MS Office (Excel, Word and PowerPoint.) Any SAP experience is beneficial. A self-motivated approach to work with the capacity to work assertively and on their own initiative as part of a team and across teams. Key Competencies Communication and Influencing Planning and Organising Team Working and Cross Functional Collaboration Problem Solving and Decision Making Drive for Results About us Canada Life Reinsurance (CL Re) is a division of Great-West Lifeco Inc. (Lifeco) and a leading provider of client focused reinsurance solutions in the United States, Asia and Europe. CL Re offers a range of innovative risk and capital management solutions covering mortality, longevity, health, lapse and investment risk for insurers, reinsurers and pension funds. CL Re is continuing to expand the reinsurance solutions it offers to new and existing clients in many global markets. CL Re has offices in Dublin, Toronto, Philadelphia, Bermuda, Barbados and Regina. The Dublin office is the base for CL Re's European and Asia Pacific operations and the Irish reinsurance entity, Canada Life Re Ireland dac (CLReI). It comprises approximately 160 reinsurance professionals. It is a proactive, inspiring and friendly environment where talent and hard work are recognised and rewarded. CL Re is a division of Great -West Lifeco Inc. (GWL). GWL and its companies have approximately $2.9 trillion in consolidated assets under administration and a Life Insurance Capital Adequacy Test (LICAT) ratio of 130% (as at 30/06/2024). As a Company we are committed to a diverse and inclusive workplace where employees can thrive and reach their full potential. The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Canada Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Canada Life Reinsurance by Recruitment Agencies will not be accepted for this role. Canada Life Group Services is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported. We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture. If you require any accommodations during the recruitment process please contact and we will be delighted to ensure you are fully supported to be your best. CLGS supports Equal Opportunity and is regulated by the Central Bank of Ireland. To be considered for this role you will be redirected to and must complete the application process on our careers page. To start the process click the Apply button below to Login/Register.

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