At a Glance
- Tasks: Join our Financial Accounts Team to manage and analyse financial data.
- Company: Hastings Direct is a leading digital insurance provider in the UK.
- Benefits: Enjoy flexible working, competitive bonuses, private medical insurance, and 27 days annual leave.
- Why this job: Be part of a supportive culture focused on growth, development, and community impact.
- Qualifications: ACCA, ACA or CIMA qualified with strong analytical and organisational skills.
- Other info: We welcome applications from all backgrounds and offer inclusive recruitment support.
The predicted salary is between 28800 - 42000 £ per year.
Financial Accountant – 12 month FTC
Location: Bexhill – Hybrid –
Welcome to Hastings Direct
We\’re a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. As a company, we\’ve made huge investments in our technology, pricing, data and analytics capabilities over the past few years, along with nurturing our 4Cs culture and substantial investment in our people. And as a Finance team, we\’re doing exactly the same – building a market leading finance technology platform, investing in our team and our approach to leadership development, with a real focus on commercially adding value to the business.
The fact you\’re now reading this job advert means we\’ve tempted you to find out more about #lifeatHD. If you like what you see, we hope you\’ll consider joining our team.
We have high standards and understand some people may not apply for jobs unless they feel they tick every box. If you\’re excited about joining us and think you have some of what we are looking for, even if you\’re not 100% sure, we would love to hear from you.
Role overview
The Financial Accounts Team is responsible for the Management and Financial Accounting for the retail trading entity plus all of the holding companies within the Hastings Insurance Group including full Group consolidations. The team also ensures the integrity of the Group\’s Balance Sheets by performing monthly reconciliations and using business insight to understand the movements and provide informative commentary.
Job details – you\’ll need to have demonstrable experience in:
- Production/review of all month end consolidation adjustments for the Hastings Insurance Group with adherence to IFRS17
- Working closely with IT and Operations on our customer interest calculations to ensure accuracy
- Production/review of month end journals for Hastings and all holding entities within the Group, including accruals and provisions
- Working closely with Financial Planning & Analysis team to finalise month end results
- Production of monthly balance sheet reconciliations, providing insightful commentary into movements and ownership of specific balance sheet area and leadership of related monthly control meetings
- Provision of data to external auditors
Essential skills/experience:
- ACCA, ACA or CIMA qualified
- Good organisational and time management skills
- Ability to analyse, summarise and insightfully comment upon data
- Strong Systems skills outside of pure accounting systems
- Excellent reconciliation skills and attention to detail
- Must be able to work on own initiative
The interview process
Our interview process involves the below:
- Recruiter screening call
- 1st stage interview with hiring leader
- 2nd interview with hiring leaders leader
As a Disability Confident employer, we\’re committed to ensuring our recruitment processes are fully inclusive – what this means to you is if you\’re applying for a job with us, you\’ll have fair access to support and adjustments throughout your recruitment journey. We also welcome applications through the Disability Confident Scheme (DCS).For more information on the DCS, please visit our inclusive business page on our careers website
Regrettably we are unable to offer sponsorship for this role
Benefits: inaddition to a competitive salary and £5k car allowance you will also receive…
Flexible working – we champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detail
Competitive bonus scheme – all colleagues are eligible for our annual 4Cs performance bonus
Physical wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (also known as PMI). This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seen
Financial wellbeing – as well as providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%, we are proud to provide you with an award winning package which includes – discounts, cashback, free independent mortgage advice and free access to financial wellbeing support
Mental wellbeing programme – we have the thrive mental health app, our colleague assistance programme available 24/7, our own in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs
There\’s more! – 27 days annual leave + bank holidays, with the option to buy or sell one of your weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more ….
Join us and you\’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you\’ll be helping to drive our growth, so in return, we\’ll give you all the support, training and development you need. Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we\’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve.
At Hastings Direct, we\’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.
Job posting end date:
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Financial Accountant employer: Hastings Insurance Services Ltd
Contact Detail:
Hastings Insurance Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Familiarise yourself with IFRS17 standards, as this role requires adherence to these regulations. Understanding the nuances of these standards will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Showcase your experience with month-end consolidation adjustments and reconciliations. Be prepared to discuss specific examples from your past roles that highlight your attention to detail and analytical skills.
✨Tip Number 3
Research Hastings Direct's culture and values, particularly their focus on the 4Cs. Tailor your conversations during interviews to reflect how your personal values align with theirs, which can set you apart from other candidates.
✨Tip Number 4
Prepare for the interview process by practising common financial accounting questions and scenarios. This will help you articulate your thought process clearly and demonstrate your problem-solving abilities effectively.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in financial accounting, particularly focusing on your qualifications like ACCA, ACA, or CIMA. Emphasise your skills in month-end consolidation adjustments and balance sheet reconciliations.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role at Hastings Direct. Mention specific experiences that align with their requirements, such as working closely with IT and Operations or providing insightful commentary on financial data.
Highlight Relevant Skills: In your application, clearly outline your organisational and time management skills. Provide examples of how you've successfully analysed and summarised data in previous roles, demonstrating your attention to detail and ability to work independently.
Prepare for the Interview Process: Familiarise yourself with the interview process outlined in the job description. Be ready to discuss your experience in detail during the recruiter screening call and subsequent interviews, focusing on how you can add value to the finance team at Hastings Direct.
How to prepare for a job interview at Hastings Insurance Services Ltd
✨Understand IFRS17
Since the role involves adherence to IFRS17, make sure you brush up on your knowledge of this standard. Be prepared to discuss how it impacts financial reporting and consolidation adjustments.
✨Showcase Your Analytical Skills
The job requires strong analytical abilities. Prepare examples from your past experience where you successfully analysed data and provided insightful commentary. This will demonstrate your capability to add value to the team.
✨Familiarise Yourself with Hybrid Working
As the position is hybrid, be ready to discuss how you manage your time and productivity in a flexible working environment. Share any previous experiences that highlight your organisational skills.
✨Prepare for Technical Questions
Expect technical questions related to month-end processes, reconciliations, and journal entries. Review your past work and be ready to explain your approach to these tasks clearly and confidently.