At a Glance
- Tasks: Lead monthly accounting close functions and present financial results to management.
- Company: Join a top-tier London insurer known for its excellence in the industry.
- Benefits: Enjoy competitive pay, potential remote work options, and a supportive team environment.
- Why this job: Be part of a dynamic team that values accuracy and offers growth opportunities in finance.
- Qualifications: Experience in financial reporting, GAAP, and regulatory requirements is essential.
- Other info: Manage a small team and contribute to significant regulatory reporting projects.
The predicted salary is between 48000 - 72000 £ per year.
HFG are currently working with a leading London insurer in search of their next Senior Syndicate Accountant. The role will be responsible for performing monthly accounting close functions through applying accounting policies, and presents financial results to senior management. The role is to assist the production of regulatory reporting on a UK GAAP and Solvency II basis.
Responsibilities:
- Manage two direct reports to ensure accurate completion of general ledger and reconciliation work.
- Complete the preparation, review and submission of external regulatory & internal management 'Group' reports.
- Completion of Lloyd's reporting - QMA, QMB, QF1, GQD, TPD, TRIA, NAIC, US SITUS reporting.
- Statutory accounts and underwriting year accounts completion.
- Provides assistance to the completion of Solvency II reporting - QSR, QAD and ASR reporting.
Profile:
- Knowledge of financial reporting requirements, and GAAP and Statutory Accounting Principles.
- Lloyd's & other UK regulatory reporting for specialty insurance.
- Ability to understand and apply financial reporting practices and procedures, and implement internal control processes.
- Solid understanding of month-end close process and account analysis.
- Good analytical, problem solving, and decision-making skills. High degree of accuracy and attention to detail.
Senior Accountant - HFG employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Accountant - HFG
✨Tip Number 1
Network with professionals in the insurance and accounting sectors. Attend industry events or join relevant online forums to connect with people who work at leading insurers. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the specific regulatory reporting requirements mentioned in the job description, such as Lloyd's reporting and Solvency II. Being able to discuss these topics confidently during an interview will demonstrate your expertise and commitment to the role.
✨Tip Number 3
Prepare to showcase your leadership skills, especially since the role involves managing direct reports. Think of examples from your past experience where you've successfully led a team or improved processes, as this will be crucial in demonstrating your fit for the position.
✨Tip Number 4
Stay updated on the latest trends and changes in UK GAAP and Solvency II regulations. Showing that you are proactive about your professional development can set you apart from other candidates and highlight your dedication to the field.
We think you need these skills to ace Senior Accountant - HFG
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in accounting, particularly with UK GAAP and Solvency II. Emphasise your familiarity with Lloyd's reporting and any leadership roles you've held.
Craft a Strong Cover Letter: In your cover letter, explain why you're a great fit for the Senior Accountant role. Mention specific experiences that demonstrate your knowledge of financial reporting requirements and your ability to manage a team.
Showcase Your Skills: Highlight your analytical and problem-solving skills in your application. Provide examples of how you've successfully completed month-end close processes or improved internal controls in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any errors. A high degree of accuracy is crucial in accounting, so ensure your application reflects that attention to detail.
How to prepare for a job interview at HFG
✨Know Your Numbers
As a Senior Accountant, you'll need to demonstrate your expertise in financial reporting and accounting principles. Brush up on UK GAAP and Solvency II regulations, and be prepared to discuss how you've applied these in previous roles.
✨Showcase Leadership Skills
Since the role involves managing two direct reports, highlight your leadership experience. Be ready to share examples of how you've successfully led a team, resolved conflicts, or improved processes in your past positions.
✨Prepare for Technical Questions
Expect questions related to month-end close processes, account analysis, and regulatory reporting. Practise explaining complex accounting concepts clearly and concisely, as you may need to present financial results to senior management.
✨Attention to Detail is Key
Given the high degree of accuracy required in this role, be prepared to discuss how you ensure precision in your work. Share specific examples of how your attention to detail has positively impacted your previous projects or reports.