Financial Accountant in City of London

Financial Accountant in City of London

City of London Full-Time 55000 - 65000 ÂŁ / year (est.) No home office possible
Faraday

At a Glance

  • Tasks: Join our finance team to manage accounts and ensure compliance with regulations.
  • Company: Gen Re UK, a leading global reinsurance company in London.
  • Benefits: Competitive salary, professional growth, and a collaborative work environment.
  • Other info: Flat management structure promoting open communication and teamwork.
  • Why this job: Make an impact in finance while working with a supportive and diverse team.
  • Qualifications: Fully qualified accountant with experience in financial statements and management accounts.

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

Gen Re UK has an excellent opportunity for a Financial Accountant based in London. The Finance team is one of Gen Re's global teams which supports all of the Gen Re companies in London, including Faraday.

Main Purpose of the Role

Working as an integral part of the London Finance Team we are seeking a highly motivated and detail‑oriented qualified accountant to join our finance team, initially focused on the management of us as a Lloyd's member and the preparation of management and statutory accounts across the Faraday Holdings Group and subsidiaries/branches, but also to provide assistance with the timely and accurate preparation of management reporting, and regulatory reporting across the Gen Re group companies managed by the London Finance team.

Key Responsibilities

  • Assist in the preparation of a wider range of information and reporting completed by the team.
  • Prepare and submit accurate and compliant statutory financial statements for Faraday Holdings Group including its subsidiaries/branches entities in accordance with UK GAAP, Lloyd’s standards or other applicable accounting standards.
  • Ensure compliance with Lloyd’s regulations and governance frameworks.
  • Oversee the reconciliation and management of the corporate member assets and corporate member and managing agent responsibilities to Lloyd’s including acting as a key liaison with Lloyd’s, custodians, and internal stakeholders on fund‑related matters.
  • Coordinate with external auditors, ensuring accurate and timely completion of audits and resolution of queries.
  • Uphold robust financial controls and contribute to continuous improvement of finance processes.
  • Contribute to finance transformation projects, system enhancements, and process automation.
  • Extract data from source systems, applying appropriate adjustments transparently and providing outputs and analysis to support the submission of Information.
  • Maintain and develop control checks to ensure workings are consistent and accurate with underlying data.
  • Recording and inputting financial data in SAP (GL Package).
  • Ensure all information and returns are prepared in a timely manner and complete for review.
  • Remain up to date with changes in reporting regimes and assist with the implementation of such changes.
  • Liaise with both internal and external clients.
  • Prepare ad‑hoc additional returns as and when required and involvement in ad‑hoc projects where necessary.
  • In addition to the duties listed, the jobholder is required to perform other reasonable duties (within the jobholder’s capabilities) assigned by line management.

Qualifications & Experience

  • The candidate will be a fully qualified accountant (ACA, ACCA, or equivalent).
  • Previous experience of producing financial statements and liaising with auditors on technical points of detail.
  • Previous experience of preparing management accounts.
  • Strong technical knowledge of UK GAAP and accounting principles.
  • Strong analytical skills with the ability to manipulate data whilst paying particular attention to detail and accuracy.
  • Must be highly organized with the ability to handle multiple priorities and operate various applications to meet tight deadlines.
  • Good written and verbal communication skills.
  • Ability to work in a team environment.
  • Be approachable and able to convey information, ideas and viewpoints in an appropriate manner.
  • Self‑motivated and a willing to learn.

We Offer You

  • Highly professional working environment that values excellence, integrity, personal responsibility and diversity.
  • Flat management hierarchy and team‑based environment that promotes collaboration and free‑flowing communication.
  • Performance‑based remuneration package commensurate with experience and qualifications.

Closing Date 15 May 2026

Our Address General Reinsurance, London Branch Corn Exchange 55 Mark Lane London, EC3R 7NE (UK)

Equal Opportunity Statement It is the continuing policy of the Gen Re Group to afford Equal Opportunity to qualified individuals without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or citizenship, sexual orientation, gender identity, or any characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.

Financial Accountant in City of London employer: Faraday

Gen Re UK is an exceptional employer, offering a highly professional working environment in London that values excellence, integrity, and diversity. With a flat management hierarchy and a collaborative team culture, employees benefit from performance-based remuneration and ample opportunities for personal and professional growth within the global finance team. Joining Gen Re means being part of a forward-thinking organisation committed to continuous improvement and innovation in financial processes.
Faraday

Contact Detail:

Faraday Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work at Gen Re or similar companies. A friendly chat can sometimes lead to job opportunities that aren't even advertised!

✨Tip Number 2

Prepare for interviews by brushing up on UK GAAP and recent changes in financial regulations. We want you to be the go-to person for technical questions, so show off your knowledge and confidence during the interview!

✨Tip Number 3

Don’t forget to showcase your analytical skills! Bring examples of how you've manipulated data or improved processes in previous roles. This will help us see how you can contribute to our finance transformation projects.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Gen Re. Let’s make it happen!

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

Qualified Accountant (ACA, ACCA, or equivalent)
Financial Statement Preparation
Management Accounts Preparation
UK GAAP Knowledge
Lloyd's Regulations Compliance
Audit Coordination
Financial Controls
Data Analysis
SAP (GL Package) Proficiency
Attention to Detail
Organisational Skills
Communication Skills
Team Collaboration
Self-Motivation
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your qualifications, especially your experience with UK GAAP and financial statements, as these are key for us at Gen Re.

Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for our team. Share specific examples of your past experiences that align with the responsibilities listed in the job description.

Showcase Your Attention to Detail: As a Financial Accountant, attention to detail is crucial. In your application, mention instances where your meticulous nature helped improve processes or ensured compliance with regulations.

Apply Through Our Website: We encourage you to apply directly through our website. This way, we can easily track your application and ensure it reaches the right people in our finance team!

How to prepare for a job interview at Faraday

✨Know Your Numbers

As a Financial Accountant, you’ll need to demonstrate your strong technical knowledge of UK GAAP and accounting principles. Brush up on the latest regulations and be ready to discuss how you've applied these in previous roles. This shows you're not just familiar with the theory but can also implement it practically.

✨Prepare for Technical Questions

Expect questions about producing financial statements and liaising with auditors. Prepare examples from your past experience where you’ve successfully navigated these situations. Being able to articulate your thought process will impress the interviewers and show your analytical skills.

✨Showcase Your Organisational Skills

The role requires handling multiple priorities and meeting tight deadlines. Be ready to share specific examples of how you’ve managed your time effectively in previous positions. Discuss any tools or methods you use to stay organised, as this will highlight your ability to thrive in a fast-paced environment.

✨Communicate Clearly

Good written and verbal communication skills are essential. Practice explaining complex financial concepts in simple terms, as you may need to liaise with non-financial stakeholders. This will demonstrate your ability to convey information effectively and work well in a team environment.

Financial Accountant in City of London
Faraday
Location: City of London

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