At a Glance
- Tasks: Join our finance team to prepare management and statutory accounts while ensuring compliance with regulations.
- Company: Gen Re, a leading financial services company with a focus on integrity and collaboration.
- Benefits: Competitive salary, performance-based remuneration, and a supportive work environment.
- Other info: Flat management structure promoting teamwork and open communication.
- Why this job: Make a real impact in finance while working with a diverse and motivated team.
- Qualifications: Fully qualified accountant with experience in financial statements and management accounts.
The predicted salary is between 55000 - 65000 £ per year.
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, as well as providing 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 wide 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, 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, 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.
- Record and input 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 producing financial statements and liaising with auditors on technical points of detail.
- Previous experience 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; approachable and able to convey information, ideas, and viewpoints in an appropriate manner.
- Self‑motivated and 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.
Equal Opportunity
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 under applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
Financial Accountant employer: General Re Corporation
Contact Detail:
General Re Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Network Like a Pro
Get out there and connect with people in the finance industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Financial Accountant role.
✨Ace the Interview
Prepare for your interview by brushing up on UK GAAP and accounting principles. Be ready to discuss your experience with financial statements and audits. Show them you’re not just qualified, but also passionate about the role!
✨Show Off Your Skills
When you get the chance, demonstrate your analytical skills and attention to detail. Bring examples of how you've improved finance processes or handled tight deadlines. We want to see how you can contribute to our team!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our awesome finance team.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your experience with UK GAAP, financial statements, and any relevant projects you've worked on. 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 great fit. Don’t forget to mention your experience with auditors and management accounts.
Showcase Your Attention to Detail: As a Financial Accountant, attention to detail is key. In your application, provide examples of how you've maintained accuracy in your work, especially when dealing with financial data or compliance issues. We love candidates who can demonstrate this skill!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at General Re Corporation
✨Know Your Numbers
As a Financial Accountant, it's crucial to brush up on your knowledge of UK GAAP and accounting principles. Be prepared to discuss specific examples from your past experience where you successfully prepared financial statements or managed audits. This shows that you not only understand the theory but can apply it in practice.
✨Showcase Your Analytical Skills
During the interview, highlight your strong analytical skills by discussing how you've manipulated data in previous roles. Bring along examples of reports or analyses you've created, and be ready to explain the processes you used to ensure accuracy and attention to detail.
✨Be Ready for Technical Questions
Expect technical questions related to financial reporting and compliance with Lloyd's regulations. Brush up on recent changes in reporting regimes and be prepared to discuss how you would implement these changes in your work. This demonstrates your commitment to staying current in the field.
✨Demonstrate Team Spirit
Since this role involves liaising with both internal and external clients, be sure to convey your ability to work well in a team environment. Share examples of how you've collaborated with others to achieve common goals, and emphasise your approachable nature and communication skills.