Financial Reporting Changes Business Analyst – Inside IR35
Contract Term: 6 months
Contracting Authority: UK Export Finance
Location: Hybrid Working (two days per week office based – London)
When it comes to exporting, having a great product or service is only half the story. Putting the right finance and insurance in place can make the difference, helping you to win contracts, fulfil orders and get paid.
UK Export Finance is the UK government’s export credit agency. We support exports for any size company and across all industries, from capital goods to services and intangibles like intellectual property. Our mission is to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer.
The Financial Reporting Changes Programme is UKEF’s implementation of the changes to accounting standards (IFRS9 – Financial Instruments, covering most of its loan and guarantee portfolio, and IFRS17 – Insurance, covering its insurance products and some guarantees).
These accounting standard changes mean a change to processes, policies, systems, and required data, introducing new ways of calculating the cost of risk and how we define our contracts as being profitable or otherwise. As part of this work, we are also replacing our core Financial System and General Ledger with significant changes to our architecture.
SC Clearance is an essential requirement for this role, as a minimum you must be eligible and willing to undergo these checks
As a Financial Reporting Changes Business Analyst your main responsibilities would be to: