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- Tasks: Join a finance team to manage monthly accounting and reporting for a global insurance broker.
- Company: Be part of a leading Lloyds insurance broker with over 50 years of experience.
- Benefits: Enjoy a temporary to permanent role with opportunities for growth in a dynamic environment.
- Why this job: Gain valuable experience in financial accounting while working in a reputable company in the heart of London.
- Qualifications: Prior experience in an insurance finance team is essential; strong accounting skills are a must.
- Other info: This role offers a chance to develop reporting solutions and tackle real-world financial challenges.
The predicted salary is between 43200 - 72000 £ per year.
Your new company You will be joining a global Lloyds insurance broker in the City of London who have been established in the world of insurance for over 50 years. They are looking for an experienced financial accountant who has prior knowledge of working for an insurance finance team. You will be joining a finance team of 18 reporting to the finance director. This role is a temporary to permanent vacancy. Your new role Production of monthly management accounting and reporting information to a strict timetable for business units within the Group. Production of general ledgers journals, including international payrolls. Monthly revenue reporting, to include posting and reconciliation of technical ledgers. Preparation of month-end journals, including intercompany and recurring charges. Ownership and preparation of balance sheet account reconciliations, including investigation and resolution of identified issues/concerns. Assist with the production of information and data for VAT and tax returns, including those for any overseas companies and branches. Continual development of reporting solutions. Ad-hoc management reporting and financial analysis. Keep updated with all regulatory and legal changes. Ensure that records are maintained at all times on the company’s systems. Respond appropriately and accurately to urgent issues as they arise. Crea…
Financial Accountant - Insurance employer: Hays Specialist Recruitment Limited
Contact Detail:
Hays Specialist Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant - Insurance
✨Tip Number 1
Familiarize yourself with the specific accounting software and tools commonly used in the insurance industry. This knowledge will not only help you stand out but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the insurance finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the position.
✨Tip Number 3
Stay updated on the latest regulatory changes affecting the insurance industry. Being knowledgeable about these changes will show your commitment to compliance and your proactive approach to your role.
✨Tip Number 4
Prepare to discuss your experience with month-end processes and reconciliations in detail during the interview. Highlight specific examples where you've successfully managed tight deadlines and resolved discrepancies.
We think you need these skills to ace Financial Accountant - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in financial accounting, particularly within the insurance sector. Include specific examples of your work with management accounting, general ledgers, and revenue reporting.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your familiarity with regulatory changes and your ability to handle urgent issues, as these are key aspects of the job.
Showcase Relevant Skills: Emphasize skills that are crucial for this position, such as attention to detail, analytical abilities, and proficiency in financial software. Provide examples of how you've used these skills in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no typos or grammatical errors, as attention to detail is vital in financial accounting.
How to prepare for a job interview at Hays Specialist Recruitment Limited
✨Show Your Insurance Knowledge
Make sure to highlight your experience in the insurance finance sector. Discuss specific projects or tasks you've handled that relate directly to the responsibilities listed in the job description, such as managing general ledgers or preparing month-end journals.
✨Demonstrate Your Analytical Skills
Prepare to discuss how you've approached financial analysis and reporting in previous roles. Be ready to provide examples of how you've developed reporting solutions or resolved discrepancies in financial data.
✨Be Familiar with Regulatory Changes
Stay updated on recent regulatory and legal changes in the insurance industry. Being able to discuss these changes and their implications will show that you are proactive and knowledgeable about the field.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's finance team and their processes. Inquire about the tools they use for reporting and how they handle challenges in financial accounting, which shows your genuine interest in the role.
