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- Tasks: Support financial reporting and contribute to process development in a dynamic team.
- Company: Join a leading Lloyds Insurance syndicate with a strong reputation.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Why this job: Be part of a successful brand and make an impact in the finance sector.
- Qualifications: Partly or newly qualified accountant with knowledge of the insurance industry.
- Other info: Diverse and inclusive workplace that values equality and promotes career advancement.
The predicted salary is between 50000 - 65000 £ per year.
My client, a successful Lloyds Insurance syndicate, are looking to hire a partly/newly qualified accountant to join their Financial Reporting team. This role will support the team on monthly US GAAP reporting, annual UK GAAP financial statements, ledger close, balance sheet reconciliations, and a range of other tasks, including contributing to the continuous development of processes.
Location: London (Hybrid - 3 days in office per week)
Industry: Insurance
Duration: Permanent
Salary: £50,000 - £65,000
Role Responsibilities:
- Support monthly financial close through balance sheet reconciliations (bank, prepayments, accruals, intercompany) and preparation of lead schedules.
- Assist with key operational and regulatory processes including Faster Claims Payment system reconciliations, broker/coverholder/DCA reviews, quarterly VAT returns, and quota share accounting.
- Contribute to year end activities such as statutory accounts production, audit preparation, and maintaining strong relationships with external advisors.
- Help develop and update accounting policies, procedures, and documentation while participating in ongoing finance projects.
- Other ad hoc finance tasks as required.
Preferred background:
- Newly or Partly Qualified Accountant (ACA/ACCA/CIMA or equivalent).
- Experience or strong knowledge of the Insurance industry.
- Strong technology and systems skills (Microsoft Office & Workday).
- Excellent written and verbal communication skills, and ability to build effective relationships with a range of stakeholders.
This is a fantastic opportunity to join one of the most successful Insurance brands in London.
Financial Reporting Accountant employer: Bruin Financial
Contact Detail:
Bruin Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Reporting Accountant
✨Network Like a Pro
Get out there and connect with people in the insurance industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current employees at companies you’re interested in. Building relationships can often lead to job opportunities that aren’t even advertised.
✨Ace the Interview
Prepare for your interviews by researching the company and understanding their values and culture. Practice common interview questions, but also be ready to discuss how your skills align with the specific tasks mentioned in the job description. Show them you’re not just a fit on paper, but a perfect match for their team!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a great way to express your appreciation for the opportunity and reiterate your interest in the role. A little follow-up can go a long way in keeping you top of mind for the hiring team.
✨Apply Through Our Website
Make sure to apply through our website for the best chance at landing that Financial Reporting Accountant role. We keep our listings updated and it’s the quickest way for us to see your application. Plus, you’ll be part of a community that values diversity and equal opportunity!
We think you need these skills to ace Financial Reporting Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Reporting Accountant role. Highlight your relevant experience with US GAAP and UK GAAP, and don’t forget to mention any specific projects or tasks that align with 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 the team. Mention your qualifications, your passion for the insurance industry, and how you can contribute to the continuous development of processes.
Show Off Your Tech Skills: Since strong technology skills are a must, make sure to highlight your proficiency in Microsoft Office and Workday. If you have any experience with financial reporting software, be sure to include that too!
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 get you on our radar quickly!
How to prepare for a job interview at Bruin Financial
✨Know Your Numbers
Brush up on your knowledge of US GAAP and UK GAAP reporting standards. Be prepared to discuss how you've applied these in previous roles or during your studies. This will show that you’re not just familiar with the concepts but can also implement them effectively.
✨Showcase Your Tech Skills
Since strong technology skills are essential for this role, make sure you highlight your experience with Microsoft Office and Workday. Bring examples of how you've used these tools to streamline processes or improve reporting accuracy in past positions.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to financial reporting or reconciliations. Practice articulating your thought process clearly, as this will demonstrate your analytical skills and ability to handle real-world challenges.
✨Build Rapport with Interviewers
Effective communication is key, so focus on building a connection with your interviewers. Ask insightful questions about their team dynamics and ongoing projects. This shows your interest in the role and helps you gauge if the company culture aligns with your values.