At a Glance
- Tasks: Prepare financial statements and assist with month-end processes in a dynamic finance team.
- Company: Join a growing US-owned UK business with a collaborative culture.
- Benefits: Hybrid working, competitive salary, and support for accounting qualifications.
- Other info: Exciting opportunities for career growth in a supportive environment.
- Why this job: Gain hands-on experience in finance while studying for your accounting qualification.
- Qualifications: Studying or part qualified in CIMA/ACCA/ACA with good accounting skills.
The predicted salary is between 30000 - 40000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
Location for the role will be a hybrid between home working and the London office. This role reports to the Finance Manager and supports the wider finance team. It is an exciting opportunity for the right candidate who is currently or who has a desire to study for an accounting qualification to join a growing US‑owned UK business with operations across multiple platforms including UK and Irish Insurance Companies, Lloyd’s Syndicates and a large UK regional branch network.
Role Summary
The role will offer the right candidate a wide range of responsibilities and exposure across the finance function and the wider business.
Key Tasks And Responsibilities
- Preparation of journals and balance sheet reconciliations under both US GAAP and UK GAAP.
- Assist the team with various month and quarter end close processes.
- Assist with preparation of financial statements and assisting with audit queries.
- Own the Irish entity branches co‑insurance financial process, involving reconciling fiduciary assets and liability ledgers and liaising with the Underwriting Assistants to ensure this process is efficient.
- Assist with process improvements across the finance division using automation.
- Documentation of key finance processes and controls.
- Providing support to the Finance Managers and Financial Accountants.
- All responsibilities will cover aspects of work across multiple entities including the UK and Irish Insurance Companies, MGAs as well as service/holding companies and the Lloyds syndicates.
- Ensure that all Governance and Compliance requirements are considered from a finance perspective, including SOX controls relating to the operations of the business.
Role Requirements And Skills
- Demonstrates good accounting skills
- Good attention to detail
- Strong communication skills
- Demonstrates good problem-solving skills
- A proactive and strong team player with the ability to be “hands on” and adaptable to changes
- High competence in Excel
- Demonstrates strong working knowledge of financial accounting systems, preferably Workday but not essential.
Qualifications
- Studying/Part Qualified CIMA/ACCA/ACA
Experience
- 1-2 years’ experience in a similar role
- Degree in accounting or similar subject
- Experience with Insurance companies is desirable, but not essential
- Preferably previous financial reporting experience.
Assistant Accountant employer: ARCH EUROPE INSURANCE SERVICES LTD
Join a dynamic and innovative US-owned UK business that champions collaboration and professional growth, offering a hybrid work model between home and our London office. As an Assistant Accountant, you'll gain invaluable experience across various finance functions while pursuing your accounting qualifications, all within a supportive environment that prioritises employee development and process improvement.
Contact Details:
ARCH EUROPE INSURANCE SERVICES LTD Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in insurance or accounting. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of US GAAP and UK GAAP. We want you to shine when discussing your experience with financial statements and reconciliations. Practice common interview questions and have your own ready to show your interest!
✨Tip Number 3
Show off your Excel skills! Create a mini-project or analysis that highlights your abilities. Bring it along to interviews or share it during networking events. It’s a great way to demonstrate your problem-solving skills and attention to detail.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for passionate candidates who want to grow with us. Tailor your application to highlight how you can contribute to our finance team and help us enable possibility.
We think you need these skills to ace Assistant Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Assistant Accountant role. Highlight your accounting knowledge, attention to detail, and any relevant experience in finance or insurance. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about accounting and how your background aligns with our company culture. Show us your enthusiasm for the role and how you can help us enable possibility.
Showcase Your Skills:Don’t forget to mention your Excel proficiency and any experience with financial accounting systems. If you've worked with US GAAP or UK GAAP, let us know! We love candidates who can hit the ground running and bring their expertise to our finance team.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at ARCH EUROPE INSURANCE SERVICES LTD
✨Know Your Numbers
Brush up on your accounting principles, especially US GAAP and UK GAAP. Be ready to discuss how you've applied these in previous roles or during your studies. This shows you’re not just familiar with the theory but can also bring practical knowledge to the table.
✨Showcase Your Team Spirit
Since the role emphasises collaboration, think of examples where you've worked effectively in a team. Highlight your communication skills and how you’ve contributed to group success. This will demonstrate that you’re a proactive team player, which is key for this position.
✨Be Ready for Problem-Solving
Prepare to discuss specific challenges you've faced in accounting and how you resolved them. This could be anything from reconciling accounts to improving processes. Showing your problem-solving skills will resonate well with the interviewers.
✨Excel at Excel
Since high competence in Excel is a must, be prepared to talk about your experience with it. If you have any specific functions or tools you’ve used, mention those. You might even want to brush up on some advanced features to impress them!