Financial Accountant in London

Financial Accountant in London

London Full-Time 39300 - 52000 £ / year (est.) Hybrid
Bupa

At a Glance

  • Tasks: Join our team to produce accurate financial reports and support regulatory compliance.
  • Company: Bupa, a leading health insurer focused on making health happen.
  • Benefits: Enjoy 25 days holiday, health insurance, enhanced pension, and flexible working options.
  • Other info: Diverse and inclusive workplace with excellent career growth opportunities.
  • Why this job: Make a real impact in healthcare finance while developing your skills with industry experts.
  • Qualifications: Nearly or newly qualified accountant with strong analytical and numerical skills.

The predicted salary is between 39300 - 52000 £ per year.

Hybrid working with up to 3 days per week working from home.

Permanent Salary £39,300 - £52,000 dependent upon experience. Fantastic benefits including generous pension and healthcare. Full-time 37.5 hours per week.

Working in our UK support functions you’ll play a key part in helping our customer facing colleagues deliver exceptional standards of customer service and patient care. No matter your role, you’ll have an opportunity to do work that matters, making a difference to the lives of our customers each and every day.

As our Financial Accountant, you’ll be working with the Insurance Financial Reporting and Control (‘IFR&C’) team, to support the production of statutory, regulatory and industry reporting for Bupa Insurance Limited (‘BINS’) and Bupa Insurance Services Limited (‘BISL’), together our UK Regulated Entities (‘UKRE’). You’ll report to the UKRE Financial Reporting Manager and will support with the review of the month end and quarter end results, preparation of annual statutory accounts, regulatory returns and industry returns. This role will implement and maintain controls and reconciliations over these key processes and liaise with teams across the Market Unit and wider Group.

How you’ll help us make health happen:

  • Production of accurate monthly financial accounts and quarterly reporting for the UKRE in line with Group and regulatory deadlines.
  • To prepare and upload appropriate journals to create the UKRE result.
  • To check the completeness of Tagetik submissions for the UKRE to meet reporting requirements.
  • To support the process of preparing the Annual Report and Accounts for the UKRE.
  • Preparation of quarterly and annual regulatory returns for the Financial Conduct Authority and overseas regulators.
  • Maintenance of working files and continuous improvement of controls and reconciliations.
  • Maintain process and procedure notes ensuring they are fit for purpose and reviewed at least annually.
  • Support the preparation and running of the Regulated Entities Reporting and Disclosure Committee (‘RERDC’) by preparing agendas, taking minutes, tracking actions and preparing papers to be presented to the RERDC and the Regulated Entities Audit Committee.
  • Learning and development alongside the accounting experts within the IFR&C team, to become fully conversant with our business units, statutory and regulatory requirements.
  • Prepare returns relating to the Office of National Statistics, Payment Practices and Association of British Insurers.
  • Support ad-hoc tasks and projects as required by the Financial Reporting Manager or Director of IFR&C.

Key Skills / Qualifications needed for this role:

  • The successful candidate is likely to be a nearly or newly qualified accountant (ACA, ACCA, CIMA).
  • The jobholder will be expected to pursue a significant programme of personal development.
  • Proven ability to work under pressure and meet stretching and tight deadlines.
  • Finance experience with a strong grasp of double entry is necessary for success in the role.
  • Must be analytically and numerically minded.
  • Advanced PC skills including Excel, Word, PowerPoint and accountancy software.
  • Excellent customer service skills, including communication, management of expectation, recommendations.
  • Attention to detail and high quality outputs.
  • The jobholder will be expected to proactively build and maintain relationships with customers throughout the finance team.
  • Quick to learn and responsive to the needs of the business.
  • Proactive with a ‘can do’ approach.

Benefits:

Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health – from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits. Joining Bupa in this role you will receive the following benefits and more:

  • 25 days holiday, increasing through length of service, with option to buy or sell.
  • Bupa health insurance as a benefit in kind.
  • An enhanced pension plan and life insurance.
  • Onsite gyms or local discounts where no onsite gym available.
  • Various other benefits and online discounts.

Why Bupa?

We’re a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose – helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring and responsible in everything we do. We encourage all of our people to “Be you at Bupa”, we champion diversity, and we understand the importance of our people representing the communities and customers we serve. That’s why we especially encourage applications from people with diverse backgrounds and experiences. Bupa takes pride in being a Level 2 Disability Confident Employer and will aim to offer an interview/assessment to disabled applicants who best meet the minimum criteria for the role. We’re committed to ensuring you’re treated fairly during the recruitment process and offer reasonable adjustments to anyone who may benefit from accommodations to the recruitment process.

Time Type: Full time

Job Area: Finance & Accounting

Locations: Angel Court, London, Bupa Place, Kirkstall Forge, Victory House, Brighton

Financial Accountant in London employer: Bupa

Bupa Mindplace in Dartford is an exceptional employer, offering a supportive work culture that prioritises employee wellbeing and professional development. With flexible shifts and a focus on delivering high-quality therapy, employees benefit from a dynamic environment that encourages growth and collaboration, making it an ideal place for those passionate about mental health care.

Bupa

Contact Details:

Bupa Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Accountant in London

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

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Don’t shy away from reaching out directly to firms like Bupa. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Financial Accountant in London

Financial Reporting
Statutory Accounts Preparation
Regulatory Returns
Double Entry Accounting
Analytical Skills
Numerical Skills
Advanced Excel Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bupa.

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Research and Reflect:Before hitting that 'apply' button on Bupa's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Bupa

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bupa.

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✨Show Your Passion for Finance

Since this is a full-time position, employers at Bupa will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former Bupa employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.