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- Tasks: Support cash management and accounts payable for key re/insurance entities.
- Company: Join Great Lakes Insurance SE, part of the Munich Re Group.
- Benefits: Gain valuable experience in a supportive team with growth opportunities.
- Other info: Embrace inclusivity and develop your career in a global organisation.
- Why this job: Make an impact in a dynamic environment while learning from industry leaders.
- Qualifications: AAT member or equivalent finance qualification; customer service skills essential.
The predicted salary is between 30000 - 40000 £ per year.
Great Lakes London Branch (GLLB) is part of Great Lakes Insurance SE, operating within the Munich Re Group.
About the role
We are looking for an accountant to provide cash management and accounts payable support to several key re/insurance entities and service companies within the Munich Re Group. The role is an exciting opportunity for an accountant seeking to work in a supportive team that delivers accounting services for entities generating roughly £4bn in premium and growing.
Key Responsibilities
- Meet cash management reporting and monitoring deadlines on a daily, weekly, monthly and quarterly basis
- Daily, weekly and quarterly liquidity forecasting
- Monitor bank accounts and liquidity levels
- Effective communication between group companies, investment managers at group level and all stakeholders; manage relationships with our banking partners
- Assist in maintaining the team’s shared mailboxes, ensuring queries are responded to in a timely manner
- Process payments with efficiency, accuracy and adherence to company policies
- Process staff and company credit card expenses
- Ensure all staff expenses are processed in a timely manner and with high data quality
- Process vendor invoices
- Complete vendor reconciliations
- Report on vendor, bank, customer and other balance sheet open items – manage these with relevant teams
- Complete monthly bank reconciliations
Competencies
- Nimble learning (we think big) – you actively learn by tackling new problems and trying out new solutions, quickly learning from both successes and failures.
- Collaborates (we lead the 'we') – you work together with others in your team, the department and wider business to meet shared commitments.
- Optimises work processes (we grow with our clients) – you know the most effective and efficient processes to get things done and are constantly assessing how they can be improved.
- Resourcefulness (we care and dare) – you find a way to get things done with the best use of the resources available to you, knowing when to ask for support and offering your support to others.
- Communicates effectively (we are clear and authentic) – you communicate clearly and appropriately with your audience, sharing ideas, learning from others and keeping stakeholders informed.
Key Skills & Experience
- Excellent customer service skills
- Able to communicate clearly and concisely in person, online and in writing
- Experience in Cash Management and Accounts Payable, ideally in a large global organisation that adheres to Group standards
- Working knowledge and experience of SAP
- Keenness to learn new things
- Focused on quality and excellent attention to detail
- Microsoft Excel and Word: good level
- Experience of applying the correct VAT treatment on transactions
- Proven use of online banking tools
Qualifications and Educational Requirements
- At least full member of AAT or other equivalent finance recognised qualification
Thought Leaders
You will demonstrate inclusive behaviour and encourage your colleagues to play an active role in creating an inclusive culture. You will treat your colleagues and sales and business partners fairly and with respect.
Regulatory & Conduct Requirements
Ensuring compliance with Munich Re’s Code of Conduct and the FCA Conduct Rules
Praktikum für den Bereich Eventmanagement (m/w/d)* employer: Great Lakes Insurance SE
Contact Detail:
Great Lakes Insurance SE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Praktikum für den Bereich Eventmanagement (m/w/d)*
✨Tip Number 1
Network like a pro! Reach out to people in the event management field, attend industry meetups, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you answer questions confidently and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain why you're the perfect fit for the role in a concise and engaging way. Highlight your relevant skills and experiences, and don’t forget to showcase your enthusiasm for the event management sector.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re proactive and serious about landing that internship in event management with us at Great Lakes London Branch.
We think you need these skills to ace Praktikum für den Bereich Eventmanagement (m/w/d)*
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role you're applying for. Highlight relevant experience in cash management and accounts payable, and don’t forget to showcase your customer service skills. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're interested in the event management internship and how your skills align with our values. Be authentic and let your personality come through – we love that!
Showcase Your Skills: When filling out your application, make sure to highlight your proficiency in Microsoft Excel and any experience with SAP. We’re looking for someone who can optimise work processes, so give us examples of how you've done this in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
How to prepare for a job interview at Great Lakes Insurance SE
✨Know Your Numbers
Since the role involves cash management and accounts payable, brush up on your financial knowledge. Be prepared to discuss your experience with liquidity forecasting and bank reconciliations. Having specific examples ready will show that you understand the key responsibilities.
✨Showcase Your Communication Skills
Effective communication is crucial in this role. Think of instances where you've successfully collaborated with teams or managed relationships with stakeholders. Practise articulating these experiences clearly, as it will demonstrate your ability to communicate effectively.
✨Familiarise Yourself with SAP
If you have experience with SAP, be ready to talk about it! If not, do a bit of research on how it’s used in cash management and accounts payable. Showing that you're proactive about learning new tools can set you apart from other candidates.
✨Emphasise Attention to Detail
This role requires a keen eye for detail, especially when processing payments and vendor invoices. Prepare to discuss how you've ensured accuracy in your previous roles. Mention any systems or processes you’ve implemented to maintain high data quality.