Senior Financial Accountant
Senior Financial Accountant

Senior Financial Accountant

Full-Time 55000 - 65000 ÂŁ / year (est.) No home office possible
CFC

At a Glance

  • Tasks: Ensure financial data accuracy and integrity across all insurance-related activities.
  • Company: Dynamic insurance company with a fun and collaborative culture.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Why this job: Join a team that values passion, challenges the norm, and makes finance exciting.
  • Qualifications: Fully qualified accountant with 3-5 years of experience in financial reporting.
  • Other info: Opportunity for continuous improvement and career growth in a vibrant setting.

The predicted salary is between 55000 - 65000 ÂŁ per year.

We’re looking for a Senior Financial Accountant to play a key role in ensuring the accuracy, completeness and integrity of financial data across all CFC insurance-related activities. You’ll own and improve core technical accounting areas—making sure results are accurately captured, explained and reported to CFC and Group stakeholders. You will focus on preparing and reviewing CFC financial results in line with FRS 103 and applicable accounting standards, ensuring accurate mapping from CFC source systems to the general ledger.

Your responsibilities will include but are not limited to:

  • Prepare and coordinate CFC MI reporting packs, ensuring timely delivery of accurate financial insights and operational drivers.
  • Produce and contribute to CFC and Group Board Packs, providing clear, concise financial summaries with supporting analytics.
  • Deliver high-quality variance analysis, commentary, and visual insights tailored to senior leadership, with specific focus on CFC portfolio performance and key movements.
  • Conduct deep‑dive reviews into CFC technical balances, ratios, trends, and operational performance indicators to identify emerging risks, opportunities, and control issues.
  • Ensure reconciliation differences are investigated, resolved, and documented in line with control expectations, with clear ownership and root‑cause analysis for CFC processes and data flows.
  • Support ongoing enhancements to CFC finance processes, control frameworks, and documentation standards, including automation and standardisation of reconciliations and MI.
  • Work closely with the Service Company team and CFC Operations to ensure alignment and accuracy of CFC financial results, data inputs, and reporting timelines.
  • Partner regularly with CFC actuarial, claims, underwriting, and FP&A teams to validate assumptions, explain movements, and improve understanding of financial impacts.
  • Provide clear explanations of CFC financial movements to both finance and non‑finance stakeholders, translating technical accounting outcomes into business drivers.
  • Support internal and external audits (and ad‑hoc queries) with timely, accurate responses and high‑quality supporting documentation for CFC balances and processes.

What are we looking for?

  • Fully qualified accountant (ACA/ACCA/CIMA or equivalent) with c. 3–5 years post‑qualification experience.
  • Strong technical accounting and financial reporting capability; insurance accounting experience and knowledge of FRS 103 is highly desirable.
  • Proven experience owning reconciliations, close processes, variance analysis and producing audit‑ready supporting documentation.
  • Confident stakeholder manager able to explain technical movements clearly to both finance and non‑finance colleagues.
  • Highly analytical with strong attention to detail and a continuous‑improvement mindset (process, controls, automation and standardisation).

Core Values

  • Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
  • Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to make things better.
  • Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.

Senior Financial Accountant employer: CFC

CFC is an exceptional employer located in the vibrant city of London, offering a dynamic work culture that fosters innovation and collaboration. As a Senior Financial Accountant, you will benefit from a supportive environment that prioritises employee growth through continuous learning opportunities and a commitment to excellence. With a focus on challenging the status quo and making work enjoyable, CFC ensures that every team member feels valued and empowered to contribute meaningfully to the organisation's success.
CFC

Contact Detail:

CFC Recruiting Team

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. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your technical accounting knowledge and FRS 103. We recommend practising common interview questions and having examples ready that showcase your experience with reconciliations and variance analysis.

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Senior Financial Accountant

Technical Accounting
Financial Reporting
FRS 103
Variance Analysis
Reconciliation Management
Audit Preparation
Stakeholder Management
Analytical Skills
Attention to Detail
Continuous Improvement
Process Automation
Control Frameworks
Insurance Accounting
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Financial Accountant role. Highlight your experience with FRS 103 and any relevant insurance accounting knowledge. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your analytical skills and attention to detail!

Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to manage reconciliations and produce audit-ready documentation. We love seeing quantifiable results that show how you’ve made an impact!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at StudySmarter!

How to prepare for a job interview at CFC

✨Know Your Numbers

As a Senior Financial Accountant, you’ll need to demonstrate your strong technical accounting skills. Brush up on FRS 103 and be ready to discuss how you've applied it in previous roles. Prepare examples of financial reports you've produced and be ready to explain the insights they provided.

✨Master the Art of Communication

You’ll be explaining complex financial data to both finance and non-finance stakeholders. Practice simplifying technical jargon into clear, concise language. Think about how you can present financial movements in a way that highlights their impact on business decisions.

✨Showcase Your Analytical Skills

Prepare to discuss your experience with variance analysis and reconciliation processes. Bring examples of how you've identified trends or risks in financial data and what actions you took. This will show your analytical mindset and attention to detail, which are crucial for this role.

✨Emphasise Continuous Improvement

The company values a continuous-improvement mindset. Be ready to share instances where you've enhanced finance processes or implemented automation. Discuss how these changes improved efficiency or accuracy, aligning with the company's core values of challenging the status quo.

Senior Financial Accountant
CFC

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