Financial Accounting & Reporting Team Leader (Ifrs17 & Pcea)
17 hours ago
Madrid
DescriptionReporting directly to the Head of Accounting and Reporting, you will join an international, dynamic, and fast‑growing environment. In this pivotal role, you will act as a critical financial partner, empowering the Accounting and Reporting team while driving financial excellence across Spain, France, and Italy towards our parent company in the UK. We are looking for a high‑caliber professional with solid experience in team management and supervision within the insurance sector, who is an expert in PCEA and IFRS 17, possessing strong analytical and problem‑solving capabilities, a change‑management mindset, and talent development skills.ResponsibilitiesFinancial Reporting: Coordinate and review monthly, quarterly, and annual accounting closures, ensuring the correct application of local (PCEA) and international (IFRS 17) accounting standards.Leadership and Team Management: Lead, mentor and upskill the existing team, raising technical capabilities in IFRS 17 and Solvency II to foster autonomous, high‑performing professionals.Annual Accounts and Audit: Coordinate the preparation of the company's Statutory Annual Accounts and regulatory reports, serving as liaison for both internal and external auditors.Solvency II and Capital Coordination: Guarantee the highest quality of accounting data for Solvency II reporting (SFCR, QRTs), partnering closely with Actuarial and Capital teams.International Coordination: Partner with the UK Group Finance team and provide robust reporting support and process alignment to local teams in France and Italy.Internal Control and Risk Mitigation: Supervise and optimize the internal financial control framework in line with Group standards, guaranteeing proper documentation, process updates, and the effective mitigation of operational risks.Digital Transformation and Change Management: Act as the finance stream coordinator for the new ERP implementation, driving change management and process optimization across Europe.Management Reporting & KPIs: Deliver high‑level financial reports, variance analyses, and key KPIs to support decision‑making for the Head of Department and the CFO.RequirementsEducation: Bachelor’s Degree in Business Administration, Economics, Finance, or similar.Certification (Highly Valued): Master’s Degree in Auditing/Financial Management or an official international qualification (ACCA, CPA, ROAC, or equivalent) is highly valued.Experience: 6–8+ years of finance experience within the insurance sector or a Big 4 firm specialized in insurance audit. Demonstrated experience managing and developing professional teams is mandatory.Technical Knowledge: Expert knowledge of the Spanish Insurance Accounting Plan (PCEA), IFRS 17, and a robust understanding of Solvency II pillars. Knowledge of accounting consolidation and financial investments is a strong plus.Systems: Advanced Excel capabilities. Proven experience participating in financial ERP implementations or advanced system management (like Microsoft Dynamics, SAP).Languages: Full professional fluency in Spanish & English (C1 level) is essential. Professional proficiency in French or Italian is highly re Competencies:Leadership skills, empathy, and talent development.Analytical mindset to go beyond the numbers, identifying trends, risks, and opportunities that add value to decision‑making.Excellent communication and interpersonal skills for engaging with international stakeholders.Strong commitment to meeting deadlines through solid planning skills, showing autonomy in resolving unforeseen issues and adapting to a dynamic environment.