Financial Accountant, Financial Reporting
Pacific Life · Sydney, Australia · 23d ago
Job Title
Financial Accountant, Financial ReportingJob Description
The Role
The purpose of the role is to support the Australia Finance team in delivering external reporting requirements for the Australian business under Australian IFRS and LAGIC. The Australia Finance team operates within a global Finance function and supports reporting across multiple bases for the Group, including US GAAP and Bermuda Monetary Authority reporting.
The role involves supporting key month-end and quarter-end processes, as well as the preparation of annual statutory financial statements.
The role is broad in nature and includes tax compliance support, board paper preparation, accounting analysis, and support for internal and external audit requests. You will also be involved in a variety of Finance projects affecting the Australian business unit, including IFRS accounting standards implementation and process optimisation.
You will collaborate with colleagues in Australia and across our global Finance teams to support the effective and efficient delivery of strategic projects. The role may require occasional out-of-hours calls to connect with Finance teams based in Singapore, Toronto and London.
Reporting to the Manager, Financial Reporting, key responsibilities include, but are not limited to:
Responsibilities
Support the preparation of accurate and complete annual statutory financial statements, regulatory returns and tax returns, as appropriate.
Financial reporting, including month-end and quarter-end journal preparation for PLRA. This includes maintaining the integrity of processes and outputs and supporting continuous improvement.
Duties include:
- Prepare and post month-end and quarter-end journals
- Balance Sheet reconciliations
- Support the preparation of accounting papers for new standard implementation and new transactions
Support business unit projects where Australian-specific analysis and inputs are required:
- Provide support to the finance team and wider business by managing and participating in ad-hoc tasks and projects as and when required
- Manage and maintain an efficient process that enables systematic and organised filing for all documents
- During FY26/27, the role will have a strong focus on user acceptance testing and implementation of the new accounting ledger infrastructure, expected to go live in January 2027
Qualifications & Experience
Essential Experience
- Degree in business or accounting
- Proficiency in Excel
- Excellent communication skills
- Basic understanding of life insurance accounting
Desirable Experience
- PeopleSoft or Oracle experience
- Data analytics experience
- Proficiency in Microsoft Copilot
- General accounting knowledge (including accounting reconciliations, journal posting)
- General understanding of Australian tax reporting, including business activity statements, payroll tax and fringe benefits tax returns
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits
Leave
20+5 days of annual leave with option to buy more days
Fertility leave
Generous enhanced parental leave
Healthcare
The Company’s Group Salary Continuance Insurance (SCI)/Income Protection (IP) provides you with a continued salary, through monthly Benefit payments, in order to protect your standard of living should you be unable to work due to long term illness, injury or partial/total disability
Wellness
Subsidized gym membership
Access to Employee Assistance Program
Time off for volunteering
Charitable matching of employee donations
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values