Salary :
£55,000 - £70,000
Location:
City of London
Type:
Financial Accountant
Reference:
RM/FA/1402
This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.
Job Title – Financial Accountant
Reporting to Financial Controller
1. Purpose
The primary purpose of the role is to maintain the financial accounting function.
2. Specific Responsibilities
Management reporting:
- Preparation of monthly UK management accounts including monthly management reports, specific insurance/reinsurance reports, and other required analyses
- Analytical review and commentary on management accounts, as required
- Preparation and review of financial schedules for Board report
Financial and management accounting:
- Documentation, reconciliation and analysis of interfaces to the General Ledger for insurance Business, profit commission and outwards reinsurance
- Review of balance sheet accounts as part of the month end close process e.g. fixed assets, accruals and prepayments, accrued interest income
- Review and authorisation of the booking of expenses into the general ledger
- Tie in of external actuarial report data to accounting ledgers
- Preparation of budget and forecast data for General and Admin expenses of the UK companies
- Day to day management of the company’s bank accounts
- Preparation of quarterly VAT returns
Annual returns:
- Preparation of non UK regulatory returns (e.g. NAIC, FET) as required
- Preparation of statutory accounts under IFRS
3. Essential Skills & Knowledge
- Professional accounting qualification, new qualified or studying for final exams
- Minimum 2 to 3 years’ experience specifically gained in an insurance/reinsurance environment
- IFRS experience preferred
- Excellent organisational skills with the ability to work on one’s own initiative
- Proficient in the Microsoft Office Suite of applications with Intermediate skills in Excel (e.g. Pivot tables, Lookups, Nested IF clauses)