At a Glance
- Tasks: Assist in financial reporting and support the finance team with various accounting tasks.
- Company: Join a growing US-owned UK business with diverse operations.
- Benefits: Hybrid working, exposure to multiple entities, and opportunities for professional growth.
- Other info: Dynamic role with a focus on process improvements and teamwork.
- Why this job: Gain hands-on experience in accounting while studying for your qualification.
- Qualifications: Studying or part-qualified in CIMA/ACCA/ACA with good accounting skills.
The predicted salary is between 28000 - 35000 £ per year.
Reporting to the Finance Manager and assisting the wider finance team, this is an exciting opportunity for the right candidate who is currently or 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. The role will offer the right candidate a wide range of responsibilities and exposure across the finance function and the wider business. Location for the role will be a hybrid between home working and the London office.
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 preferable 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 Insurance
Join a dynamic and supportive team at Arch Europe Insurance Services Ltd, where we prioritise employee growth and development. With a hybrid working model that balances home and office life in London, we offer a collaborative work culture that encourages innovation and process improvement. As part of a growing US-owned business, you'll gain invaluable experience across various finance functions while working towards your accounting qualification in a thriving environment.
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 industry, 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. Be ready to discuss how you can contribute to month-end processes and financial statement preparation. Show them you’re not just a number cruncher but a problem solver!
✨Tip Number 3
Don’t forget to showcase your Excel skills! Whether it’s pivot tables or complex formulas, be prepared to demonstrate how you can use Excel to streamline processes. This is a big plus for any finance role.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining our team. Make sure to highlight your proactive attitude and adaptability in your application – we’re looking for team players who can hit the ground running!
We think you need these skills to ace Assistant Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Accountant role. Highlight your accounting skills, any relevant experience, and your studies towards CIMA/ACCA/ACA. We want to see how you fit into our finance 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 skills align with our needs. Don’t forget to mention your interest in working with insurance companies if applicable.
Showcase Your Attention to Detail:In accounting, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their work neatly and accurately.
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to us. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Arch Insurance
✨Know Your Accounting Standards
Make sure you brush up on both US GAAP and UK GAAP before the interview. Being able to discuss how these standards apply to the role will show that you're serious about the position and understand the technical requirements.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled challenges in previous roles, especially those related to finance. This could be anything from improving a process to resolving discrepancies in financial statements. It’s all about demonstrating your proactive approach!
✨Excel is Your Best Friend
Since high competence in Excel is a must, make sure you can talk about your experience with it. Be ready to discuss specific functions or tools you've used, and if possible, bring examples of how you've used Excel to streamline processes or analyse data.
✨Be Ready to Discuss Teamwork
As a strong team player, you’ll need to show how you collaborate effectively with others. Think of instances where you’ve worked closely with finance teams or other departments, and be prepared to explain how you contributed to the team's success.
