Davies North America

Global insurance professional services and tech

Lead Associate - Accounting

Financial AccountingUpdated on Nov 13

Full-timePune, Maharashtra, IndiaNo salary listedHybrid

About the Job

Requirements

Requires 5–7 years of relevant post-qualification industry experience.
Requires previous experience in Group Consolidation, Reporting, and Technical Accounting.
Requires full qualification as a Chartered Accountant (CA).
Requires strong technical knowledge of UK GAAP and IFRS, with hands-on experience applying IFRS standards.
Requires proven experience preparing group statutory accounts, monthly management accounts, and large consolidations.
Requires prior exposure to acquisition accounting and integration processes.
Requires the ability to interpret and manage financial information across multiple companies and business units.
Requires strong organisational skills and the ability to meet deadlines in a fast-moving environment.
Requires high IT literacy, including strong Excel skills and Power Query experience.
Requires knowledge of financial accounting processes and systems and good working knowledge and experience of ERP systems.

Responsibilities

Maintain and update the IFRS 16 lease accounting model in collaboration with the Estates team and FP&A.
Support and maintain IFRS 15 revenue-recognition workings.
Prepare annual Expected Credit Loss (ECL) models, including reviewing and assessing their outcomes.
Monitor and assess the impact of new or updated IFRS standards and ensure their appropriate implementation across the Group.
Prepare and update the trial balance for each IFRS entity for consolidation.
Assess each new acquisition for IFRS conversion requirements and support its onboarding into the Group.
Assist with the Purchase Price Allocation (PPA) process, including liaising with external valuation specialists.
Support the integration of acquisition financials into the Group consolidation system.
Contribute to preparing the monthly consolidated balance sheet and cash flow statements, applying consolidation principles and system functionality.
Ensure accuracy, completeness, and compliance in statutory and management reporting.
Assist with the Planful consolidation model project.
Provide technical support and analysis to the Director of Group Finance and the wider Finance function.
Support continuous-improvement initiatives to enhance reporting quality, system efficiency, and process robustness.

Desired Qualifications

Experience with Planful is advantageous.

The Senior Financial Accountant plays a key role in delivering high quality financial accounting across the Group, with a strong focus on the application of IFRS. The role supports the Group’s statutory reporting, consolidation processes, acquisition accounting, and ongoing enhancement of financial control and reporting accuracy. The position requires excellent technical expertise, strong analytical capability, and the ability to work effectively within a dynamic, fast paced environment

IFRS Accounting & Technical Support

Maintain and update the IFRS 16 lease accounting model, working closely with the Estates team and FP&A.
Support and maintain IFRS 15 revenue recognition workings.
Prepare Expected Credit Loss (ECL) models annually, including review and assessment of outcomes.
Monitor and assess the impact of new or updated IFRS standards, ensuring appropriate implementation across the Group.
Prepare and update the trial balance for each IFRS entity for the consolidation.

Acquisition Accounting

Assess each new acquisition for IFRS conversion requirements and support onboarding into the Group.
Assist in the Purchase Price Allocation (PPA) process, including liaison with external valuation specialists.
Support the integration of acquisition financials into the Group consolidation system.

Group Reporting & Consolidation

Contribute to the preparation of the monthly consolidated balance sheet and cash flow statements, demonstrating a strong understanding of consolidation principles and system functionality.
Ensure accuracy, completeness, and compliance in all aspects of statutory and management reporting.
Assistance in Planful consolidation model project.

Ad Hoc and Cross Functional Support

Provide technical support and analysis to the Director of Group Finance and the wider Finance function.
Support continuous improvement initiatives to enhance reporting quality, system efficiency, and process robustness.

5–7 years of relevant post qualification industry experience
Previously worked in Group Consolidation, Reporting & Technical accounting
Fully qualified Chartered Accountant (CA)
Passionate for Technical Accounting
Strong technical knowledge of UK GAAP and IFRS, with proven hands-on experience applying IFRS standards
Proven experience in group statutory accounts preparation, monthly management accounts, and large consolidations.
Prior exposure to acquisition accounting and integration processes
Ability to interpret and manage financial information across multiple companies and business units.
Proactive, curious, and committed to improving processes and delivering high quality output.
Strong organisational skills with the ability to meet deadlines in a fast moving, dynamic environment.
High level of IT literacy, including strong Excel skills (including Power Query); experience with Planful is an advantage.
Demonstrates personal pride, professionalism, and accountability
Knowledge of financial accounting, process, and systems. Good working knowledge and experience of ERP’s
Strong technical knowledge of UK GAAP and IFRS, with proven hands-on experience applying IFRS standards
Proven experience in group statutory accounts preparation, monthly management accounts, and large consolidations.
Prior exposure to acquisition accounting and integration processes
Proactive, curious, and committed to improving processes and delivering high quality output.

About the Company

Davies North America

Global insurance professional services and tech

Davies North America is a global professional services and technology company that began in the UK as an insurance claims manager. It now provides technology, consulting, and legal solutions to clients in regulated industries, including insurance, through managed services, outsourcing, and advisory offerings. The company grows by acquiring other businesses to expand its geographic reach and service capabilities. Its goal is to become a global leader in professional services and technology for regulated industries, particularly in markets like the US, Canada, and Bermuda.

Company size: 5,001-10,000
Company stage: Debt Financing
Total funding: $363M
Headquarters: London, United Kingdom
Founded: 1968

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