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- Tasks: Maintain accounting records and assist in financial reporting for a leading Lloyd's firm.
- Company: Join a reputable Lloyd's of London firm with a strong finance team.
- Benefits: Gain valuable experience in finance and accounting within a prestigious environment.
- Why this job: Kickstart your career in finance while working with industry experts.
- Qualifications: Studying for a relevant qualification and familiar with basic accounting principles.
- Other info: Dynamic role with opportunities for professional growth and development.
The predicted salary is between 30000 - 42000 £ per year.
Arthur are working with a highly reputable Lloyd's of London firm that are looking to expand their finance team.
Key Responsibilities
- Maintain accounting records for syndicates (as delegated) including underwriting journals and assisting in the preparation of the trial balance.
- Responsible for the preparation of reconciliation work e.g. bank balances, LCA balances, overseas deposits and investment accounts.
- Assist in the preparation of Lloyd’s Reporting forms as delegated, primarily VAT and cash based submissions.
- Lead the preparation of weekly/monthly/quarterly cash flow.
- To reconcile monthly control accounts and preparation of Trial Balance.
- Prepare, submit and account for direct cash payments (cheque, global transfer or internet banking).
- Liaise with auditors and external clients as necessary.
Skills, Knowledge & Expertise
- Good grasp of fundamental accounting principles.
- Preferably studying for a relevant professional qualification.
- Familiarity and some experience of basic Lloyd’s reporting requirements.
- Sound knowledge of IT systems in use within the accounting function – especially Excel, Vision, Sun Accounts.
- Ability to produce consistently accurate work to tight deadlines.
- Good communication skills both verbally and in writing.
If this role is of interest, please apply or email jake.hennis@arthur.co.uk.
Accounts Assistant - Lloyd\'s Market employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounts Assistant - Lloyd\'s Market
✨Tip Number 1
Network like a pro! Reach out to people in the finance sector, especially those who work in Lloyd's Market. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your accounting principles and Lloyd’s reporting requirements. We recommend practising common interview questions and having examples ready that showcase your skills.
✨Tip Number 3
Show off your tech skills! Make sure you’re comfortable with Excel and any other accounting software mentioned in the job description. We suggest doing a quick online course if you need a refresher.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Accounts Assistant - Lloyd\'s Market
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your accounting knowledge and any relevant qualifications, especially if you're studying for a professional qualification.
Showcase Your Experience: If you've worked with accounting records or have experience with Lloyd's reporting, make it stand out! Use specific examples to demonstrate your familiarity with the tasks listed in the job description.
Keep It Clear and Concise: When writing your application, be clear and to the point. Use bullet points where possible to make it easy for us to read through your qualifications and experiences quickly.
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 regarding your application status.
How to prepare for a job interview at Arthur Recruitment
✨Know Your Numbers
Brush up on your accounting principles and be ready to discuss them. Make sure you can explain how you would maintain accounting records and prepare trial balances, as these are key responsibilities for the role.
✨Familiarise with Lloyd's Reporting
Since the job involves Lloyd’s reporting forms, it’s crucial to understand what they entail. Do some research on VAT and cash-based submissions so you can confidently discuss your experience or knowledge during the interview.
✨Excel is Your Best Friend
Given the emphasis on IT systems, especially Excel, make sure you’re comfortable with its functions. Be prepared to talk about how you've used Excel in previous roles, perhaps for reconciliations or cash flow preparation.
✨Communicate Clearly
Good communication skills are essential, so practice articulating your thoughts clearly. Think of examples where you’ve successfully liaised with clients or auditors, as this will demonstrate your ability to communicate effectively in a professional setting.
