About this role
At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.
The Role:
The successful candidate will be part of a team that is responsible for corporate accounting for the Luxembourg legal entities and oversight of internal and external service providers. Further responsibilities include Accounting and bookkeeping, data entry and regulatory reporting.
This is a key role within Luxembourg Finance. The role holder will therefore need to be flexible and proactive and contributing to define, establish and evolve the necessary procedures, processes and reporting framework.
Key Responsibilities:
- Prepare Annual Financial Statements for M&G Luxembourg
- Prepare quarterly regulatory reporting packs for 10 entities
- Prepare monthly financial pack and review of balance sheet reconciliations for M&G Luxembourg S.A.
- Review M&G Luxembourg European branches trail balance
- To carry out the tasks of the general accounting and bookkeeping activities (as required): Accounting for legal entities
- Preparing journals and uploads to Sun systems
- Review of accounting and Financial pack prepared by Third party providers.
- Ensuring correct sign offs and authorities are completed for any expenditure
- Processing bank payment request
- Post month end accruals and prepayments entries.
- Prepare Asset under Management report
- Review and instruct trailer fees and Rebate payments.
- Review and update of department processes and procedures documents.
- Build relationships and communication channels with the wider M&G Finance function.
- Assist with statutory and regulatory reporting tasks examples of which could include monthly results analysis, UK regulatory returns, VAT returns as required.
- Participation in ad hoc projects and assistance in provision of information to auditors and closure of audit points
- To work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G’s operational risk.
Key Knowledge, Skills & Experience:
- Knowledge and experience of Microsoft office packages (e.g. Excel, PowerBI and Power Point)
- Good verbal and written communication skills
- Ability to work effectively as part of a team
- Some experience of developing relationships with key contacts across the Finance teams and service providers
- Be proactive, decisive, demonstrate well considered judgements and anticipate emerging risks
- Solution oriented
- relevant work experience required (minimum of 3 – 5 years’ experience in a similar role)
- Demonstrates working knowledge of Luxembourg GAAP and/or IFRS
- Ideally bi-lingual to include English plus any other European language.
This role would suit an ambitious candidate who is working towards a qualification in Finance.
At M&G, we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and our employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds - across gender, ethnicity, age, disability, sexual orientation and more - including neurodivergent individuals, career returners and those with military service experience.