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- Tasks: Join a dynamic team to optimise financial processes and ensure timely month-end reporting.
- Company: High-growth global specialty insurer undergoing exciting transformation.
- Benefits: On-the-job training, competitive salary, and opportunities for professional development.
- Other info: Collaborative culture with opportunities to suggest process improvements and engage with stakeholders.
- Why this job: Make a real impact in finance while enhancing your skills in a supportive environment.
- Qualifications: 1-4 years of accounting experience and knowledge of financial standards required.
The predicted salary is between 40000 - 50000 £ per year.
Arthur are working with a high growth global specialty insurer, who are going through end to end transformation. Financial Accountant Finance is on a transformational journey. We are entering the exciting phase of optimisation, where processes are being challenged, and then enhanced, so this is a great opportunity for those who have a continuous improvement mindset and can hit the floor running.
This role contributes to ensuring the month-end processes are run in an efficient and effective manner, that the group timetable is met and our outsources deliver against its SLA’s and KPIs. The role is responsible for accounting processes; preparation of manual journals, review of sub-ledger accounting processes prepared offshore, and month end close reporting to group.
The successful individual will ensure that there is clear, complete and accurate documentation that covers all the relevant deliveries defined in the project scope and will support the team with the on-time completion of deliverables and governance.
Key responsibilities- Preparation of manual journals for the month end financial close to agreed month end timetable and group playbook requirements in Oracle.
- Monitor the quality and timeliness of offshore sub-ledger transaction processing. This will include quality assurance reporting and feedback to management.
- Preparation of accounting processes such as balance sheet reconciliations and bank reconciliations to agreed month end timetable and group playbook requirements.
- Support the integrity of balance sheets; ensuring any queried items are managed on an ongoing, timely basis.
- Contribute to process improvement initiatives within scope of work.
- Respond to queries from key stakeholders in a timely and professional manner.
This opening requires a finance professional with 1-4 years’ experience in an accounting role, ideally from a large, complex and global business. On the job training will be provided, but it is essential to have knowledge of accounting standards and financial accounting terms.
Key attributes- Maintaining and reviewing excel based reports, producing reports and journal calculations, reviewing reconciliations and analysing information, as well as suggesting process improvements.
- Ability to perform your tasks efficiently, accurately and effectively is critical in this role as there are several deadlines. The role will be responsible for meeting these deadlines, providing timely support to the offshore team and supporting the team in meeting deadlines.
- Addressing any month end issues with sound resolutions using your well-developed accounting knowledge and skills.
- Experience of using complex financial systems (Oracle EBS essential) alongside MS Office and Excel are a must.
- Strong communication skills are required as this role will involve partnering with numerous internal and external stakeholders, including tax, audit and our offshore team amongst others.
Financial Accountant (Oracle)/Specialty Insurer in City of London employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant (Oracle)/Specialty Insurer in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work with Oracle or in specialty insurance. 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 accounting knowledge and Oracle EBS skills. We recommend practising common interview questions and scenarios related to month-end processes and financial reporting to show you're ready to hit the ground running.
✨Tip Number 3
Show off your continuous improvement mindset! During interviews, share examples of how you've improved processes in previous roles. This will demonstrate that you’re not just about getting the job done, but also about making things better.
✨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 and engaged with our company.
We think you need these skills to ace Financial Accountant (Oracle)/Specialty Insurer in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Financial Accountant. Highlight your experience with Oracle and any relevant accounting standards. We want to see how you can hit the ground running!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use examples from your past roles where you’ve improved processes or tackled month-end challenges. This will show us you have that continuous improvement mindset we’re after.
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so make sure your points are easy to understand and directly related to the job description. No fluff, just the good stuff!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Arthur Recruitment
✨Know Your Numbers
Brush up on your accounting knowledge, especially around financial standards and terms. Be ready to discuss how you've applied these in previous roles, particularly in relation to month-end processes and reconciliations.
✨Showcase Your Process Improvement Mindset
Prepare examples of how you've contributed to process improvements in past positions. This could be anything from streamlining reporting processes to enhancing the accuracy of financial data. Highlighting your continuous improvement mindset will resonate well with the interviewers.
✨Familiarise Yourself with Oracle EBS
Since experience with Oracle EBS is essential, make sure you can speak confidently about your familiarity with the system. If you have specific examples of how you've used it to manage financial processes or improve efficiency, share those during the interview.
✨Communicate Effectively
Strong communication skills are key for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex financial concepts. Be prepared to demonstrate how you've successfully partnered with stakeholders in the past.