At a Glance
- Tasks: Manage month-end accounting, financial reporting, and tax returns for a leading insurance firm.
- Company: Join a respected insurance business with a global presence.
- Benefits: Earn up to £85k, enjoy a comprehensive bonus, and hybrid working options.
- Other info: Opportunity for professional growth in a dynamic and supportive environment.
- Why this job: Make an impact in finance while collaborating with diverse teams across the organisation.
- Qualifications: ACA/ACCA qualified with 5+ years in insurance accounting; strong Excel skills required.
The predicted salary is between 85000 - 85000 € per year.
We are delighted to be partnering with a leading Insurance business to recruit an experienced Financial Accountant for a key hire within their Finance team. This is an excellent opportunity for a qualified accountant with insurance sector experience to join a highly respected organisation operating across multiple international entities and branches. The successful candidate will gain broad exposure across financial reporting, reinsurance, taxation, reconciliations and process improvement.
Key Responsibilities
- Ownership of month-end accounting entries relating to inbound underwriting transactions, covering areas such as earned premium recognition, claims movements and fronting activity.
- Analyse monthly financial results for several entities, reviewing both individual company performance and consolidated group reporting and prepare and review balance sheet reconciliations.
- Contribute to the year-end reporting cycle through the production of statutory accounts and supporting schedules.
- Prepare indirect and direct tax returns, including corporate tax and insurance premium tax, across multiple jurisdictions.
- Support year-end audit processes and liaise with external auditors where required.
- Identify opportunities to streamline, standardise and digitise finance processes.
- Build strong relationships with underwriting, claims, actuarial, tax and wider business functions.
You must be; ACA / ACCA qualified, or equivalent with 5+ years’ relevant experience. Experience in an accounting role within insurance. Reinsurance Accounting experience would be highly desirable. Strong Excel experience and an eye for digital automation. Ability to manage multiple priorities and deadlines. Fantastic communication skills both written and verbal.
Salary on offer is up to £85k + comprehensive bonus and hybrid working.
Financial Accountant employer: Arthur Recruitment
Join a leading Insurance business that values its employees and fosters a collaborative work culture. With a focus on professional development, this organisation offers extensive growth opportunities and the chance to work across multiple international entities. Enjoy a competitive salary of up to £85k, a comprehensive bonus, and the flexibility of hybrid working, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector and let them know you're on the hunt for a Financial Accountant role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial reporting and reinsurance accounting. We recommend practising common interview questions and scenarios related to month-end accounting entries and tax returns to show off your expertise.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you, and tailor your approach to each company’s culture and mission.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in the insurance sector and relevant accounting skills. We want to see how your background aligns with the key responsibilities listed in the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this Financial Accountant role. Share specific examples of your achievements in financial reporting and process improvement that relate to the job.
Showcase Your Skills:Don’t forget to emphasise your strong Excel skills and any experience with digital automation. We’re looking for someone who can streamline processes, so make sure to mention any relevant tools or software you’ve used.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you!
How to prepare for a job interview at Arthur Recruitment
✨Know Your Numbers
As a Financial Accountant, you'll need to be comfortable discussing financial metrics. Brush up on key figures from your previous roles, especially those related to month-end accounting entries and reconciliations. Be ready to explain how you’ve contributed to financial reporting and any improvements you've made.
✨Showcase Your Insurance Knowledge
Since this role is within the insurance sector, make sure you highlight your relevant experience. Prepare examples of how you've handled reinsurance accounting or tax returns in previous positions. This will demonstrate your understanding of the industry and its specific challenges.
✨Excel at Excel
Strong Excel skills are a must for this position. Before the interview, practice using advanced functions and data analysis techniques. You might even want to prepare a quick example of how you've used Excel to streamline processes or improve reporting accuracy in your past roles.
✨Build Relationships
The job requires collaboration with various teams, so be prepared to discuss how you've built strong working relationships in the past. Think of specific instances where your communication skills helped bridge gaps between finance and other departments like underwriting or claims.
