Group Reporting Accountant

About us

Avencia Consulting are partnered with a well known Reinsurer based in the City, who are looking to hire a Group Reporting Accountant to join their London team!

We are keen to speak to Accounting professionals working in the insurance industry or in Audit partnering with Insurance clients.

The role

Reporting into the Group Reporting Manager, this is an exciting opportunity for a PQ or newly qualified Accountant to join a high performing team where you will influence multiple senior stakeholders.

You will be rewarded wit support to professional development whilst gaining on the job training by your manager and the team to upskill in accounting standards and be exposed to ad hoc projects.

Key accountabilities

• Assist with the preparation of monthly and quarterly management accounts, KPIs and financial supplements for Group of Companies
• Assist with the preparation of monthly consolidation, liaising with other finance teams and IT support as required
• Assist with the preparation of monthly accounting entries to record the financial results of the MGAs, including consolidation adjustments, minority interest calculations and the annual VIE assessments.
• Assist with the preparation of the Group US GAAP financial statements
• Assist with the coordination and production of the financial statements of the Group.
• Assist with the coordination and work with auditors to prepare the VAT and CT entity returns.
• Assist with the preparation of the monthly reporting timetable to ensure all deadlines are met.
• Draft accounting papers supporting the financial statement preparation and interpret new accounting standards and draft papers summarizing their impact on the Group
• Assist with the preparation and posting of certain transactions including share-based payments, as well as discussing new transactions with relevant accounting teams.
• Ownership of historical financial numbers, providing input & support to other teams where necessary
• Assist in the preparation of benchmarking financial performance against peer group
• Assist with internal and external audit providing information as requested, responding to queries, ensuring operation of financial reporting controls, and effectively supporting the overall audit processes
• Maintain and improve internal controls and procedures documentation
• Keep the Group Reporting Manager fully informed of the status of the projects assigned, as well as relevant accounting-related issues that may arise from such projects
• Ad hoc projects as required

Skills & experience

• Newly qualified or nearly qualified towards professional accounting qualification (ACA, ACCA, CIMA or equivalent)
• Minimum of 3 years\’ experience preferably gained in an insurance/reinsurance environment
• Knowledge and experience of US GAAP for insurance accounting
• Knowledge of relevant accounting software (experience with Aqilla or Anaplan preferred but not required)
• Experience of WDesk preferred
• Strong knowledge of the Microsoft Suite of applications
• Proven financial, analytical and organisational skills
• Ability to work effectively as part of the finance team and other key stakeholders across different functions within the organisation