Job Title: Pension Accountant
Job Reference: RB/HQ00055174
Job Type: Permanent
£45000 per annum, Benefits: Bonus + Excellent Blue Chip Benefits
Sector: Accountancy (Qualified)
Posted 9 days ago
Pension Accountant, Blue Chip FS Company, Cardiff, Perm, up to £45k
An excellent Blue Chip Co in the Cardiff are are seeking an experienced Pension Accountant to join the team on a permanent basis.
The role holder will be responsible for drafting Pension Scheme financial statements, annual reports and full end to end accounts (including sign off) in accordance with agreed legislation and current best practice in a timely fashion to support our Workplace Pension Clients, other professional third parties and with auditors to agreed timetables.
The role holder will support Client Directors, Workplace Sales and Implementation at Client/Trustee implementation meetings when required to fully outline our accounts reporting processes, ensuring Finance and Pension Stakeholders for our Clients have a clear understanding of timescales and detail to be that is provided by our Accounts services.
The role holder will Contribute to the design and development of new approaches and solutions in line with business and/or client needs; establish processes for managing and administering quality controls and application of established processes to ensure quality of accounting and reconciliation processes are protected. Take responsibility to communicate these efficiency's and work across the teams to deliver them where appropriate.
The role holder must maintain an awareness of all other business activities across Workplace DC Pensions and the wider market to enable them to work flexibly with other departments to help develop innovative methods for delivering reporting accounts and data for our Clients.
The role holder will build strong working relationships across the DC business including the Client Relationship teams, Operational Heads of, Operational Team leaders, Scheme Owners and DC Communications teams to ensure a high quality service is provided to Clients within the appropriate risk, governance and compliance frameworks.
Qualifications, knowledge and skills:
Must be fully PMI qualified (essential)
Professional qualifications in relation to the role are required, for example a Part Qualified Accountant (ACA, CIMA, ACCA) however equivalent relevant or demonstrable experience considered.
Other desirable qualifications include Certificate in Financial Planning and/or any operational qualifications.
Experience and knowledge of DC product solutions, accounting, reconciliation, payment transaction and reporting procedures across Own Trust, Mastertrust and contract based DC schemes.
Excellent accounting skills, written and communication skills including good numeric and interpretation skills
Ability to translate rules, regulations and current legislation into appropriate service delivery within strict timescales
Proficient in Microsoft PC packages; knowledge of accounting packages
Demonstrable communication skills - previous client facing meeting and experience at a senior level within significant employers and intermediaries/partners is a requirement.
Previous experience in a similar pensions accounting role, including sound knowledge of accounts production to trial balance. Production of statutory accounts preferred
Capable of applying compliant policies, procedures and processes in accounting situations.
Ability to analyse data with an attention to detail and ability to embed, refine and followed operational processes and client requirements
Experience of engaging with all different levels within an organisation and leading the delivery of the production of annual accounts in line with the expectations of our Clients "
Having been in recruitment for 15 years, in 2006 I decided to form Jenrick Commercial (a new division of The Jenrick Group) and I have to say, it’s been one hell of a ride. Recruitment has changed drastically over the last 15 years, however, I’ve learnt that if you keep things simple, work hard, be honest and really understand your clients and candidates then you will do well.
My loves in life are my wife (Miriam) and my son (Toron). I’ve been married for nearly 20 years, so I was snapped up early (my wife clearly has good taste – or at least I like to think so!).
2018 wasn’t a particularly straightforward year for many businesses around the UK, however despite this 2018 was another steady year for us as a business. We saw our business thrive and peak in 2017, with it being our best year ever, and 2018 saw us level on par with that. So for us as a business having this continuity in strength was reassuring and gave us confidence despite the media advertising otherwise due to Brexit.
In Quarter 4 we did see the usual reduction of volume of candidate’s applications. We do find this to be the norm prior to Christmas, many candidates often put aside looking for a new role in November until the New Year so this wasn’t a surprise. Although we did see a lull in candidate movement at the back end of the year, a point to note is that not one candidate we spoke to advised that they were staying put until after Brexit.
What has been a surprise is that normally we do see higher response of volume on applications and candidates looking for work at this point of the year, following the theme ‘New year, new career’, however applications have been far lighter compared to the start of 2018. This highlights that the war on good, quality talent is becoming even more difficult.
On the flip side the volume of new jobs has been very steady, even rising slightly, since Jan 1st. This is based on our client growth as well as the strong relationships we have formed with our current clients – around 91% of our business is referred of repeat. January and February have been a great start to the year with both placement of permanent and contract positions increasing so we are seeing no slow down with new business.
Where’s the future at?
It goes without saying that Brexit will no doubt shape and define where the market goes. The likelihood is increasing that we will extend the negotiations and not leave as planned on the 29th March. While we are unsure as to how long the delay will be, it could dominate through to the end of 2019 meaning a steady and cautious, if not unpredictable, year.
Whatever the outcome is; a deal as planned, a delayed deal or even a no deal then we do foresee the market to the cautious throughout 2019. Obviously the sooner the decision is made then the more likely it will be that we will see stability in our industry and the overall market conditions of the UK bringing confidence back in and normality taking hold.
As most of our clients tend to sit within either; Technology, Professional Services, Financial Services we definitely haven’t seen any change with new opportunities, however the market is all around confident and if confidence is high then opportunity will flow.
If you are looking for exceptional staff or your next career move then contact us on 01932 230868 or firstname.lastname@example.org
2017 was our busiest year since we started trading over 11 years ago. However, as the business has grown our levels of service to our clients and candidates has been maintained at the highest levels. Jumping back to 2016 when we closed on a record year when, we thought the market had peaked – 2017 only went and continued in the same fashion and superseded our expectations. We saw our business increase by 153% from 2016. The experience we have gained through these busy times has set us apart from a lot of other companies which is why we retain the vast majority of our clients and see candidates making us the first choice to help them find exceptional jobs.