Statutory Reporting Lead

3 weeks ago


Mumbai, Maharashtra, India M&G Full time

Job Summary:

We are seeking a highly skilled Statutory Reporting Lead to join our team at M&G Global Services. As a key member of our finance team, you will be responsible for the production and review of statutory financial statements, ensuring compliance with UK GAAP and IFRS reporting requirements.

Key Responsibilities:

  • Production and review of UK GAAP statutory financial statements, ensuring completeness and accuracy of the ledger and compliance with reporting requirements.
  • Production and review of MGG's consolidated IFRS results, including review of BU inputs, eliminations and consolidation adjustments.
  • Production and review of monthly consolidation for MGG, producing a consolidated income statement and balance sheet.
  • Analytical review of the financial statements and ledger reconciliations.
  • Oversee Group reporting under IFRS and review associated workbooks prior to submission to M&G plc Group Head Office using Tagetik, ensuring all reporting and disclosure requirements are met.
  • Manage the UK Reporting team, providing support, guidance and leadership to enable the team to fulfill their roles and continue to develop and grow along with the business.
  • Exercise sound judgment and evaluate various potential solutions to reporting questions, considering the implications on accounting and reporting requirements.
  • Lead on answering queries and providing information to the Auditors and the Group Finance team for all MGG Consolidation matters.
  • Collaborate with data providers to meet reporting requirements.
  • Review of board packs and dashboards for Operational and Executive Committees.
  • Ensure accurate MI reporting and analysis, providing crucial insights for strategic business decision-making.
  • Ensure compliance with current accounting standards (UK GAAP, IFRS), and Group Head Office procedures to maintain a robust financial control regime.
  • Support the implementation of new accounting standards and contribute to the delivery of other finance change projects, supporting programmes with detailed accounting requirements and impact analysis.
  • Evaluate and enhance processes and procedures to accommodate business changes.
  • Support continuous improvement through regular and customized analyses.
  • Strategically plan and allocate tasks to meet deadlines.
  • Maintain effective working relationships with other teams across M&G Finance, ensuring that Group reporting needs are communicated, understood and met.
  • Collaborate effectively with colleagues, taking personal responsibility to drive any enhancements to controls to support improvement of the overall control environment.
  • Keep up to date with the latest accounting and business developments.
  • Ad hoc tasks and participation in ad hoc projects.

Our Behaviours:

We live by four behaviours at M&G Global Services and we ask all our employees to:

  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed.
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas.
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination.
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things.


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