At a Glance
- Tasks: Support high-quality financial reporting and improve processes in a dynamic insurance environment.
- Company: Global corporate and specialty insurance organisation with a focus on innovation.
- Benefits: Competitive salary, potential for contract extension, and professional development opportunities.
- Other info: Fast-paced environment with opportunities for growth and learning.
- Why this job: Make a real impact on financial processes while working with a collaborative finance team.
- Qualifications: Strong organisational skills and experience in financial reporting.
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 employer: Avencia
As a leading global corporate and specialty insurance organisation, we pride ourselves on fostering a dynamic work environment that encourages professional growth and innovation. Our commitment to employee development is reflected in our comprehensive training programmes and supportive culture, which empowers our 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 company that values collaboration and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in insurance or have experience with financial reporting. 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 technical knowledge, especially around IFRS 17 and financial controls. We recommend practising common interview questions and scenarios related to process improvements and financial reporting to show you’re ready to hit the ground running.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share specific examples of how you've improved processes or tackled challenges in previous roles. This will demonstrate your accountability and ownership, which are key traits for the Senior Financial Accountant position.
✨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 take the initiative to engage directly with us. Let’s get you that dream job!
We think you need these skills to ace Senior Financial Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Senior Financial Accountant role. Highlight your experience with financial reporting, process improvements, and any relevant technical skills. We want to see how you can bring value to our team!
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 role. Mention specific experiences that demonstrate your accountability and ability to work under tight deadlines. Let us know what makes you tick!
Showcase Your Problem-Solving Skills:In your application, don’t forget to highlight your problem-solving capabilities. Share examples of how you've tackled challenges in previous roles, especially those related to financial controls or reporting. We love seeing candidates who can think on their feet!
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 keep track of your application and ensure it gets the attention it deserves. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at Avencia
✨Know Your Numbers
As a Senior Financial Accountant, you’ll need to demonstrate your expertise in financial reporting. Brush up on key financial metrics and be ready to discuss how you've improved processes in previous roles. Show them you can translate complex data into actionable insights.
✨Master the Technical Details
Familiarise yourself with IFRS 17 and any recent regulatory changes that could impact financial reporting. Be prepared to discuss how these standards affect financial outcomes and how you’ve navigated similar challenges in the past.
✨Showcase Your Problem-Solving Skills
Think of specific examples where you identified inefficiencies and implemented process improvements. Highlight your analytical skills and how they’ve led to better financial controls or reporting outcomes. This will show your potential employer that you’re proactive and results-driven.
✨Engage with Stakeholders
Demonstrate your collaborative approach by discussing how you’ve worked with various stakeholders in previous roles. Prepare to talk about how you’ve established service level agreements and maintained effective communication with senior management to ensure alignment on financial objectives.
