Stuart Reilly Email & Phone Number

London, Gb

London, England, United Kingdom

• Managing the off-shore Financial Control and External Reporting team, responsible for the production, accuracy and completeness of the Group and its legal entities financial result, in accordance with the appropriate controls. Management of the monthly close timetable, review and analyse the legal entity results, balance sheet reconciliations, ensure effective financial controls are being performed and production of all statutory and regulatory reporting.• Ensure all complex financial… Show more • Managing the off-shore Financial Control and External Reporting team, responsible for the production, accuracy and completeness of the Group and its legal entities financial result, in accordance with the appropriate controls. Management of the monthly close timetable, review and analyse the legal entity results, balance sheet reconciliations, ensure effective financial controls are being performed and production of all statutory and regulatory reporting.• Ensure all complex financial control issues, including source systems, are investigated, identified, monitored and reported on a timely basis to avoid large loss or reputational damage.• Managing the off-shore Transactional Services team of, responsible for Accounts Payable, Payment Operations and Procurement, Accounts Receivable, Operational Cash Funding, Commissions Statements, Banking Relationship, Credit Control and Reconciliations Operations.• Responsible for the Finance data strategy and governance and the business owner for key financial systems.• End-to-end reviews of the processes and data flows within the Financial Control and Transaction Services teams, working with the Finance Change, Tech Tribe teams and outsource partner to drive efficiency, improve control and deliver benefit opportunities.• Key liaison for external auditors for detailed control testing and audit of our annual statutory financial statements and regulatory returns.• Responsible for IFRS 17 dry runs and ensuring implementation of production of the IFRS 17 result. Show less

• Working on the finance transformation programme (FTP) as workstream lead for both the IFRS 17 technical accounting and IFRS 17 calculation engine workstreams. • Ensure all technical accounting papers are relevant to DLG and capture all requirement, define and document accounting policies and approach to transition.• Delivery of IFRS 17 requirements to enable successful FTP delivery. Work with other FTP product owners, FTP delivery team and SI to ensure that agreed requirements are… Show more • Working on the finance transformation programme (FTP) as workstream lead for both the IFRS 17 technical accounting and IFRS 17 calculation engine workstreams. • Ensure all technical accounting papers are relevant to DLG and capture all requirement, define and document accounting policies and approach to transition.• Delivery of IFRS 17 requirements to enable successful FTP delivery. Work with other FTP product owners, FTP delivery team and SI to ensure that agreed requirements are delivered, the definition of requirements and acceptance criteria to ensure the end to end FTP solution delivers the required capabilities and data flows. Show less

• Managing a team of technical accountants with responsibility for the groups accounting policy, maintaining the IFRS accounting manuals, managing the group’s share incentive schemes, annual goodwill impairment review, review of all statutory reporting, and preparing various audit committee papers.• Quarterly preparation of Solvency II balance sheet and own fund QRTs including all valuation adjustments, preparation of the group’s Solvency Financial Condition Report (SFCR) and Regular… Show more • Managing a team of technical accountants with responsibility for the groups accounting policy, maintaining the IFRS accounting manuals, managing the group’s share incentive schemes, annual goodwill impairment review, review of all statutory reporting, and preparing various audit committee papers.• Quarterly preparation of Solvency II balance sheet and own fund QRTs including all valuation adjustments, preparation of the group’s Solvency Financial Condition Report (SFCR) and Regular Supervisry Reports (RSR)• Managing the implementation projects for IFRS 15, IFRS 9 for group non-insurance entities and IFRS 16 laising with departments across the group. Providing technical guidance on various workstreams of the group‘s IFRS 17 project. Representing the group on various industry forums.• Technical lead as the group recently repurchased subordinated T2 capital and replaced with RT1 capital. Show less

• Providing technical advice Solvency II requirements and on valuation of assets and liabilities and classifications of own funds.• Representing the group on various industry forums, providing updates from the PRA and EIOPA to provide guidance on recognition and measurement of assets and liabilities, preparation of QRTs and narrative reporting. • Providing guidance on completion of QRTs and leading a working group on data source for QRT completion. Technical review of the QRTs and… Show more • Providing technical advice Solvency II requirements and on valuation of assets and liabilities and classifications of own funds.• Representing the group on various industry forums, providing updates from the PRA and EIOPA to provide guidance on recognition and measurement of assets and liabilities, preparation of QRTs and narrative reporting. • Providing guidance on completion of QRTs and leading a working group on data source for QRT completion. Technical review of the QRTs and preparatory narrative report prior to go-live.• Obtaining permission from the PRA to provide a single group-wide SFCR and an exemption from quarterly QRTs for a small underwriting and designing the groups SFCR and RSR’s. Show less

Bromley

• Preparing various audit committee papers, providing IFRS and regulatory advice to finance and across the business and technical review of statutory accounts and PRA returns.• Writing and maintaining the group’s first accounting manual.• Providing technical advice as DLG plc prepared to produce its first set of Annual Report & Accounts and interim financial statements as a UK listed entity. • Assisting with various projects of the separation from RBS Group plc (as order by the EU… Show more • Preparing various audit committee papers, providing IFRS and regulatory advice to finance and across the business and technical review of statutory accounts and PRA returns.• Writing and maintaining the group’s first accounting manual.• Providing technical advice as DLG plc prepared to produce its first set of Annual Report & Accounts and interim financial statements as a UK listed entity. • Assisting with various projects of the separation from RBS Group plc (as order by the EU Competition Commission) of the insurance division from RBS Group plc after the UK government bailout. Providing technical lead on both the debt prospectus when DLG raised £500m subordinated debt, the equity prospectus, the largest UK IPO in 2012 and the first annual report and accounts as a separate entity.• Providing technical advice on FMSA Part VII transfer when the insurance portfolio of four entities was transferred into one assisting the teams preparing Show less

UK Group Reporting ManagerManager of the UK Group Reporting Department within the Lifestyle Protection Insurance (LPI) division, with responsibility for preparation of statutory accounts under UK gaap, FSA, ABI and ONS reporting of a life company and non life company that operate throughout Europe in over 22 countries on a branch basis, as well as a service company and five holding companies, advising branch accountants of necessary entries.Quarterly reporting for the insurance entities… Show more UK Group Reporting ManagerManager of the UK Group Reporting Department within the Lifestyle Protection Insurance (LPI) division, with responsibility for preparation of statutory accounts under UK gaap, FSA, ABI and ONS reporting of a life company and non life company that operate throughout Europe in over 22 countries on a branch basis, as well as a service company and five holding companies, advising branch accountants of necessary entries.Quarterly reporting for the insurance entities to the Audit Committee and Board Meetings. Also responsible for the FSA delivery of the IGD European and Worldwide Solvency returns, working with colleagues in the US, Canada, Mexico & Australia. Solvency II working on QIS 5 return to FSA and conversion of UK gaap statutory accounts to IFRS basis. Show less

Contract role to help prepare the groups consolidated financial statements over a September year end following a complex merger between three entities

Contract role working in the Group Finance Department, with responsibility for producing the press release and annual Report & Accounts under IFRS. I was responsible for redesigning the cashflow model to adapt to IFRS for the Group and major subsidiaries. I was also responsible for the Groups bad debt provisions, Loans & Advances & Non-performing Loans and reporting these under IFRS in the external publications, producing all the relevant notes to the Accounts in the R&A. Responsible for… Show more Contract role working in the Group Finance Department, with responsibility for producing the press release and annual Report & Accounts under IFRS. I was responsible for redesigning the cashflow model to adapt to IFRS for the Group and major subsidiaries. I was also responsible for the Groups bad debt provisions, Loans & Advances & Non-performing Loans and reporting these under IFRS in the external publications, producing all the relevant notes to the Accounts in the R&A. Responsible for Intangible Assets, including designing and performing the Group annual goodwill impairment review for the first time under IFRS. Also responsible for producing various Board Papers, assisting with the update of Group Policy, pack guidelines, procedures and advising country finance teams around the globe on issues of technical accounting and the Hyperion consolidation system. Managing staff from India for the migration of process work to India. Show less

London, United Kingdom

Working as financial controller within the project department of the integrated supply & trading division of BP Oil International Ltd. Producing management reports for project and programme managers.

October 2003 – November 2004Senior Accountant – Group Financial Reporting • Working as a member of the Consolidation team, consolidating the Group’s monthly financials from the subsidiaries around the world. Analysing both Group & regional P&L & Balance Sheets, trend & variance analysis. Intercompany entries, dividends, loans, minority interest, elimination adjustments. • We would also be responsible for providing the input into the Analysts Pack produced during external… Show more October 2003 – November 2004Senior Accountant – Group Financial Reporting • Working as a member of the Consolidation team, consolidating the Group’s monthly financials from the subsidiaries around the world. Analysing both Group & regional P&L & Balance Sheets, trend & variance analysis. Intercompany entries, dividends, loans, minority interest, elimination adjustments. • We would also be responsible for providing the input into the Analysts Pack produced during external reporting periods, providing explanations of trends at Group & Regional levels across the P&L & Balance SheetAviva Plc April 2002 – September 2003Senior Accountant – Corporate Office Finance Department • Producing the monthly financial accounts, management information, budgets and statutory accounts for the top tier holding companies within the group structure, their main activities are for the long-term funding of the Group (internal and external), holding financial assets, hedging foreign currency exposure, capital management, short term intercompany funding and intergroup reinsurance.• Department representative on the legal entity close down project, reducing the number of holding companies within the Group, by liquidating the dormant companies, deregulating ex-insurance entities, passing resolutions of dormancy, transferring assets & distributing the reserves of liquidated companies. Show less

Horsham, West Sussex, United Kingdom

Education record

2:2, Economics With Accountancy