Salary : £55,000 - £65000 with 20% target bonus
Location: City of London
Type: Permanent
Reference: 1207/SA/RM

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.

Hugely successful London market insurance business are seeking a Senior Accountant for their London office. The Senior Accountant is responsible for recording journals and performing reconciliations of cash, fixed assets, accruals, prepaid expenses and other assets/liabilities.  This role also includes performing allocations of G&A expenses across the various entities. The Senior Accountant is also required to assist the other Financial Accounting team members with various aspects of the monthly/quarterly close process, and other ad-hoc projects as assigned.   Insurance/Reinsurance knowledge preferred and Syndicate Accounting experience is a plus

Duties and Responsibilities:

  • Prepare monthly and quarterly accrual journal entries, which includes analysis of accrued liability balances
  • Record cash journal entries throughout the month for multiple entities
  • Prepare monthly bank reconciliations for multiple entities
  • Analyze and reconcile prepaid expenses and other assets.  This includes recording monthly amortization journals
  • Assist in the payroll journal process and reconcile payroll related accounts
  • Process monthly fixed asset transactions and reconcile the sub-ledger to the General Ledger
  • Reconcile and analyze non-technical intercompany transactions across all business entities on a monthly basis
  • Perform monthly expense allocation process
  • Record various General Ledger journal entries throughout the month
  • Perform monthly translation of GBP to USD
  • Analyze General & Administrative expenses by legal entity on a monthly basis
  • Analyze Balance Sheet accounts by legal entity on a monthly basis
  • Assist in the quarterly tax provision process.  Record quarterly tax provisions and perform reconciliations of recorded tax balances
  • Assist in the quarterly VAT process
  • Prepare supporting schedules and generate trial balances for other Finance departments
  • Interact with the Accounts Payable, Business Services, Financial Planning & Analysis, Technical Accounting and Treasury departments on a daily basis
  • Provide assistance to the International Tax department as necessary
  • Provide assistance to Regulatory Reporting team as necessary
  • Perform accounting research as necessary
  • Provide input and assist in maintaining the Financial Accounting department’s Sarbanes Oxley narrative and various department operation process narratives
  • Assist with internal and external audit requests
  • Provide assistance in the process improvements for the Financial Accounting function
  • Assist management with special projects

Skills, Qualifications and Experience:

  • Degree in Accounting required, ACCA / CIMA preferred
  • Five plus years’ experience in a General Accounting function
  • Self-motivated and able to work cohesively with management and team members in the US
  • Strong knowledge of GAAP
  • Strong internal control awareness
  • Strong knowledge of General Ledger Accounting System is required (including Cash Management and Fixed Asset modules).  Knowledge of SAP is required.
  • Detail oriented and strong problem solver with solid analytical abilities
  • Ability and confidence to challenge existing procedures and use of systems
  • Demonstrated positive attitude and ability to work well within a Team environment
  • Strong verbal and written communication skills – position requires interaction with numerous employees on all platforms of business
  • Advanced level Microsoft Excel skills, including pivot-tables, v-lookups and macros
  • Insurance/Reinsurance knowledge preferred
  • Syndicate Accounting experience is a plus
  • Ability to manage multiple priorities in order to meet deadlines
  • Energetic and a team player

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