At a Glance
- Tasks: Assist in financial processes and support the finance team with various tasks.
- Company: Join a dynamic US-owned UK business with a collaborative culture.
- Benefits: Hybrid working, exposure to diverse finance functions, and career development opportunities.
- Other info: Perfect for problem solvers who thrive in a fast-paced environment.
- Why this job: Gain hands-on experience in accounting while making a real impact in a growing company.
- 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.
Assistant Accountant in London 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, allowing for flexibility while being part of a dynamic finance team that values professional growth and development. With opportunities to engage in diverse financial processes across multiple entities, you'll be well-positioned to enhance your skills and advance your career in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Accountant in London
✨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 chat with them, you can show how you fit right into their team and share how you can contribute to their goals.
✨Tip Number 3
Practice makes perfect! Get a friend or family member to do mock interviews with you. This will help you get comfortable with common questions and refine your answers, so you can shine when it’s your turn in the hot seat.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, you can set up job alerts to stay updated on new opportunities that match your skills and interests. Let’s make this happen together!
We think you need these skills to ace Assistant Accountant in London
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 like Workday.
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’re considered for the role. Plus, you’ll get to explore more about our company culture!
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 Problem-Solving Skills
Prepare examples of how you've tackled complex financial issues in the past. Whether it’s reconciling accounts or improving processes, having specific instances ready will demonstrate your proactive approach and ability to think critically.
✨Communicate Clearly
Strong communication is key in finance roles. Practice explaining complex financial concepts in simple terms. This will help you connect with the interviewers and show that you can effectively collaborate with team members and stakeholders.
✨Be Ready for Process Improvement Discussions
Since the role involves assisting with process improvements, think about any automation tools or methods you've used before. Be prepared to discuss how you can contribute to making the finance division more efficient, which aligns perfectly with the company’s innovative culture.
