At a Glance
- Tasks: Lead financial reporting and improve processes in a dynamic insurance environment.
- Company: Global corporate and specialty insurance organisation with a focus on quality.
- Benefits: Fixed-term contract with potential for extension and opportunities for professional growth.
- Other info: Collaborative culture with a focus on process improvement and efficiency.
- Why this job: Make a real impact on financial reporting while developing your skills in a supportive team.
- Qualifications: Strong organisational skills and experience in financial reporting required.
The predicted salary is between 55000 - 65000 £ per year.
A global corporate and specialty insurance organisation is seeking a Senior Financial Accountant to support the delivery of high-quality, timely branch financial reporting. The role places strong emphasis on developing and improving underlying processes and controls, in line with internal policies and standards. The successful candidate will demonstrate a strong sense of accountability and ownership, with the ability to deliver results under tight deadlines while remaining flexible and resilient. This position is a 1 year fixed-term contract with potential for extension.
Financial Reporting (Technical)
- Lead the establishment of business partnering within the financial controls area, identifying key stakeholders and control account owners.
- Establish service level agreements (SLAs) with stakeholders contributing to the production of monthly audit files.
- Update finance procedures and support the development of a finance manual.
- Implement process improvements to enhance efficiency within scope of responsibility.
- Support the preparation and delivery of accurate quarterly and annual financial reporting for the UK entity.
- Assist in the preparation and review of financial results.
- Develop a detailed understanding of the technical performance of the UK entity.
- Support analysis and understanding of IFRS 17 results.
- Maintain clear oversight of how operational data translates into financial outcomes.
- Monitor regulatory changes (statutory, legal, etc.) and assess potential impacts.
- Support communication and understanding of key financial interfaces.
- Assist with interim and annual audits.
- Support periodic system reporting submissions.
- Design, develop and analyse reports, identifying and recommending solutions to reporting issues.
- Ensure adherence to all relevant local and group guidelines.
Process Improvement
- Identify and implement opportunities to enhance process efficiency, quality, and value.
- Manage system improvements and maintain documentation of controls relating to reporting processes.
- Perform detailed data validation and analytical reviews, escalating inconsistencies where necessary.
Key Skills & Competencies
- Strong organisational skills, including effective scheduling, prioritisation and time management.
- High level of attention to detail.
- Ability to work effectively under tight deadlines.
- Collaborative approach, working as part of a wider finance team.
- Service-oriented mindset with a focus on delivering business requirements.
- Strong problem-solving capabilities.
- Effective communication skills when engaging with internal stakeholders, including senior management and group functions.
Senior Financial Accountant in London employer: Avencia Consulting
As a leading global corporate and specialty insurance organisation, we pride ourselves on fostering a dynamic work environment that encourages professional growth and collaboration. Our commitment to employee development is reflected in our comprehensive training programmes and supportive culture, which empowers team members to take ownership of their roles while delivering high-quality financial reporting. Located in a vibrant area, we offer a unique opportunity to be part of a forward-thinking team dedicated to excellence and innovation in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Accountant in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Avencia Consulting.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Avencia Consulting might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Senior Financial Accountant in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Avencia Consulting will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Avencia Consulting. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Avencia Consulting confidence in your short-term commitment to the role.
How to prepare for a job interview at Avencia Consulting
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Avencia Consulting.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Avencia Consulting that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
