Trainee Accountant- ILGS


Dublin, IE

Company:  Irish Life Group Services Limited

Irish Life is one of Ireland’s leading financial services companies with over 1 million customers. For over 75 years, we’ve been helping people to look after their life insurance, pension and investment needs, and more recently their health insurance.


It is a subsidiary of Great-West Lifeco and a member of the Power Financial Corporation group of companies. We recently won Best Consultancy Partnership at the IITD National Training Awards for the first class support we give to our clients.


Each line of business within the Irish Life group has localised financial control and reporting teams whose responsibilities include the production of periodic financial results, performance reporting and other regulatory reporting for senior management, the IL board and parent in Canada.


What we offer


These opportunities will allow you to experience financial control and reporting environments across several of Irish Life’s lines of business. This includes learning the business/industry as you rotate through a multi-national financial services organisation and adopting the process knowledge you gain in each new placement.


You will receive competitive remuneration and a comprehensive study support package which will include tutorial and exam fees, study leave, access to the Irish Life professional development forums and access to a mentor.


The company commits to placing you in at least 2 different lines of business during your contract which allows you to experience different fields in the Irish financial services markets.


Your responsibilities will change as you rotate through the business but will always include financial or management reporting and control at its core.  This gives you opportunities to apply the knowledge you gain in your studies to practical situations and vice versa.  


As well as personal development, we are committed to the well-being of our staff, regardless of their contract status. We were awarded Best Health and Wellbeing Strategy at the HR Leadership Management Awards 2018. You will be able to avail of the following:


•    Work Place Convenience – excellent city centre location with all public transport within easy walking distance, subsidised restaurant, free tea, coffee, and fruit.  
•    Personal Protection - Company Pension, Death in Service Benefit, medical aid, income protection scheme, and a maternity and parental leave package.
•    Recreation – Onsite swimming pool, squash courts, and gym. Regular social and sporting events and a very active staff charity. 
•    Health & Wellness – Company wide and local team events, CSR (Corporate Social Responsibility) program, Bike to Work Scheme, an employee assistance programme, eye testing and annual flu vaccine to name but a few. 

Key Accountabilities


•    Monthly & quarterly financial/management reporting tasks as part of the financial close process, including analysis of variance and investigation of drivers (for example: bank reconciliations, intercompany reconciliations,  cost and sales reporting) 
•    Statutory reporting (annually) including financial statement production
•    Regulatory reporting (quarterly) including Solvency II (solo and group) reporting 
•    Ensuring compliance with corporate and regulatory guidelines for accounting procedures
•    Documentation of the accounting controls environment (& up keep of same)    
•    Assisting with accounting system developments, including involvement in strategic projects.

Desired Knowledge / Experience / Skills


You will be able to demonstrate the following skills and knowledge:


•    A relevant third level degree (Accountancy / Business related a bonus) with 2.1 Honours (preferred), who has commenced studying towards ACCA qualification
•    Have a high level of self-motivation
•    Strong attention to detail and interpersonal skills 
•    Excellent analytical and problem solving ability
•    Strong communication and interpersonal skills, both verbal and written
•    Good experience and understanding of Microsoft Office 

Behavioural Competencies

Communication and Influencing
Problem Solving and Decision Making
Planning and Organising
Team Working and Cross Functional Collaboration
Functional & Technical


The company reserves the right to draw up a shortlist as part of the selection process.

ILGL supports Equal Opportunity