At a Glance
- Tasks: Assist in preparing financial statements and support the finance team with various tasks.
- Company: Join a dynamic US-owned UK business focused on collaboration and innovation.
- Benefits: Hybrid working, exposure to diverse finance functions, and opportunities for professional growth.
- Other info: Great opportunity for career development in a supportive environment.
- Why this job: Be part of a team that enables possibility and helps clients achieve their goals.
- 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℠.
Role Summary and Purpose
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.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
Assistant Accountant employer: Arch
At Arch, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As an Assistant Accountant, you will benefit from a hybrid working model in London, gaining invaluable exposure across various finance functions while pursuing your accounting qualifications. With a commitment to employee growth and a supportive environment, Arch is dedicated to enabling possibilities for both our clients and our team members.
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, attend industry events, and don’t be shy about asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their culture, values, and recent news. This way, when you walk in, you can show them you’re not just another candidate – you’re the perfect fit for their team!
✨Tip Number 3
Practice makes perfect! Get a friend or family member to do mock interviews with you. This will help you articulate your skills and experiences better, and you’ll feel more confident when it’s time for the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about joining our team!
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 any relevant accounting qualifications or experience, especially if you’ve worked with financial systems or in insurance.
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 you can contribute to our team. Don’t forget to mention your problem-solving skills and teamwork experience!
Showcase Your Attention to Detail:In accounting, attention to detail is key. When filling out your application, double-check for any typos or errors. This shows us you take pride in your work and understand the importance of accuracy.
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 don’t miss out on any important updates from our team!
How to prepare for a job interview at Arch
✨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 company values collaboration, prepare examples of how you've worked effectively in a team. Think about times when you contributed to a project or helped a colleague solve a problem. This will highlight your ability to fit into their culture.
✨Be Proactive About Process Improvements
Come prepared with ideas on how you could improve finance processes using automation or other methods. This demonstrates your innovative mindset and willingness to contribute to the team's efficiency right from the start.
✨Master the Art of Communication
Strong communication skills are key for this role. Practice explaining complex financial concepts in simple terms. You might be asked to clarify your thought process during the interview, so being clear and concise will set you apart.
