At a Glance
- Tasks: Ensure accuracy of financial data and improve technical accounting areas for CFC insurance activities.
- Company: Join a leading finance team in a dynamic London-based company.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to work closely with various teams and enhance finance processes.
- Why this job: Make a real impact on financial reporting and drive improvements in a key role.
- Qualifications: Fully qualified accountant with 3-5 years of experience in technical accounting.
The predicted salary is between 55000 - 65000 £ 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.
About the role
- 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.
About you
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).
Senior Technical Financial Accountant - Contract employer: CFC
Contact Detail:
CFC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Technical Financial Accountant - Contract
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, 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 FRS 103 and technical accounting principles. 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, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds.
✨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 Technical Financial Accountant - Contract
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 insurance accounting knowledge you have. 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 the perfect fit for this role. Share specific examples of your past work that relate to the responsibilities listed in the job description.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to mention any relevant projects or experiences where you've demonstrated these skills. We love seeing how you've tackled complex financial data in the past!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved.
How to prepare for a job interview at CFC
✨Know Your Numbers
Make sure you brush up on your technical accounting knowledge, especially FRS 103. Be ready to discuss how you've applied these standards in your previous roles, and prepare examples of financial reports or reconciliations you've worked on.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing specific instances where you've conducted variance analysis or deep-dive reviews. Bring along examples of how your insights have led to improvements or identified risks in financial processes.
✨Communicate Clearly
Practice explaining complex financial concepts in simple terms. You’ll need to convey technical movements to both finance and non-finance stakeholders, so think about how you can make your explanations clear and concise.
✨Be Ready for Collaboration
Highlight your experience working with cross-functional teams, such as actuarial, claims, and FP&A. Prepare examples of how you've partnered with others to validate assumptions or improve financial understanding, showcasing your stakeholder management skills.