Senior Accountant in London

Senior Accountant in London

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage financial processes and ensure accurate reporting in line with UK and US GAAP.
  • Company: Dynamic MGA business based in London, focused on innovation and excellence.
  • Benefits: Competitive salary, professional development opportunities, and a supportive work environment.
  • Why this job: Join a leading firm and make a significant impact on financial operations.
  • Qualifications: Qualified accountant with experience in UK GAAP and insurance sector knowledge.
  • Other info: Opportunity for career growth in a fast-paced, collaborative setting.

The predicted salary is between 43200 - 72000 £ per year.

A London based MGA business is seeking a qualified accountant to join them as a Senior Accountant. Reporting to the Head of Finance, the successful applicant will focus on implementing and managing rigorous processes and approved internal controls to ensure the complete, accurate and timely processing of financial transactions through the company systems in accordance with UK GAAP.

The role includes ensuring relevant and accurate financial reporting is provided to the business and external parties, in accordance with both US GAAP and local accounting policies. This will include:

  • Premium/claims related entries and non-technical journals (accruals, prepayments, provisions, VAT and corporate tax, payroll, statutory adjustments, deferred income, stock, equity, etc.)
  • Related reconciliations
  • Intercompany bookings, reconciliations and settlements
  • Balance sheet validation/substantiation processes
  • Processing and managing claims fee invoices payment requests via Xchanging / ECF
  • Completing financial related reporting to regulators including FCA RMAR returns
  • Preparing management accounts, variance analysis, forecasts to year end and KPIs using group templates

Applicants must be qualified accountants with relevant accounting experience and a detailed understanding of UK GAAP (IFRS and US GAAP experience advantageous) gained within an insurance business and have knowledge of the workings of Xchanging.

Senior Accountant in London employer: Harrison Holgate

Join a dynamic London-based MGA business that values precision and integrity in financial management. As a Senior Accountant, you'll thrive in a supportive work culture that prioritises professional growth and offers opportunities for continuous learning. With a focus on collaboration and innovation, this role not only provides competitive benefits but also positions you at the heart of a thriving financial team dedicated to excellence in the insurance sector.
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Contact Detail:

Harrison Holgate Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Accountant in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and insurance sectors. Let them know you're on the lookout for a Senior Accountant role. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on UK GAAP and US GAAP standards. Be ready to discuss how you've implemented rigorous processes in your previous roles. Show us that you can handle financial transactions with precision and confidence!

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you, and tailor your approach to each company’s culture and mission.

✨Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit for the Senior Accountant position.

We think you need these skills to ace Senior Accountant in London

Qualified Accountant
UK GAAP
US GAAP
Financial Reporting
Accruals
Prepayments
Provisions
VAT
Corporate Tax
Payroll
Statutory Adjustments
Deferred Income
Balance Sheet Validation
Intercompany Bookings
Xchanging Knowledge

Some tips for your application 🫡

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

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've implemented processes or improved financial reporting in previous roles. This helps us see the impact you can make.

Be Clear and Concise: When writing your cover letter, be clear and concise. We appreciate straightforward communication, so get to the point while still showing your enthusiasm for the role. Let us know why you’re excited about joining our team!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Harrison Holgate

✨Know Your Numbers

As a Senior Accountant, you’ll need to demonstrate your expertise in UK GAAP and possibly US GAAP. Brush up on key accounting principles and be ready to discuss how you've applied them in previous roles, especially in an insurance context.

✨Showcase Your Process Management Skills

This role involves implementing rigorous processes and internal controls. Prepare examples of how you've successfully managed financial processes in the past, focusing on accuracy and timeliness in financial reporting.

✨Familiarise Yourself with Xchanging

Since knowledge of Xchanging is crucial for this position, make sure you understand its functionalities. If you have experience using it, be ready to share specific instances where it helped streamline your work or improve accuracy.

✨Prepare for Technical Questions

Expect questions related to premium/claims entries, VAT, corporate tax, and reconciliations. Practise explaining these concepts clearly and concisely, as well as how you’ve handled them in your previous roles.

Senior Accountant in London
Harrison Holgate
Location: London
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