At a Glance
- Tasks: Lead projects to enhance financial systems and processes while ensuring smooth monthly financial closes.
- Company: Dynamic finance team focused on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Join a supportive environment with excellent career advancement potential.
- Why this job: Make a real impact by optimising financial systems and solving complex challenges.
- Qualifications: Experience in technical accounting, problem-solving, and system implementations.
The predicted salary is between 36000 - 60000 £ per year.
This role will take a lead on projects and initiatives to develop and enhance financial systems and processes. The role acts as the finance custodian for the financial systems which underpin the monthly financial close process. This includes raising tickets for system performance, interrogation of systemic accounting data, and the testing and implementation of system updates. They will work closely with IT and the system supplier, as well as Reserving Actuaries, FP&A, Reinsurance, and other Finance functions.
The following are must-have requirements:
- Posting journals / preparing accounts for technical insurance balances: GWP, CWP, UPR, DAC, claims (paid, case, IBNR), plus ideally reinsurance premium and recovery balances.
- Exceptional problem-solving skills digging deep into these balances in the ledger, sub-ledger and source systems to understand and analyse variances right down to individual policy, treaty and claims level; working collaboratively with actuaries, reinsurance and IT to resolve data queries.
- Experience of performing detailed technical reconciliations between systems and datasets in respect of these technical insurance balances.
- Detailed involvement and leadership in systems projects, implementations and transformations involving ledger and financial data, with hands-on experience of design requirements, UAT and audit trail.
Other skills we are looking for:
- Technical understanding with the front-end and back-end (ideally SQL) of systems.
- Top notch advanced Excel skills, and ideally experience with data flow tools like Alteryx and PowerBI.
- Ideally experience of external audit, be it that they came up through practice or they have dealt with external audit queries.
Personality-wise, we need someone with a positive, can-do attitude who will enthusiastically volunteer to get stuck into solving conundrums and getting their hands dirty with data, and will proactively push system and process improvements.
Senior Financial Accountant in City of London employer: HFG Insurance Recruitment
Join a leading reinsurance business in London, where you will be part of a dynamic team dedicated to compliance and financial crime prevention. With a strong focus on employee development, we offer opportunities for growth and advancement while fostering a collaborative work culture that values your expertise. Enjoy the unique advantage of working in one of the world's financial hubs, with the flexibility of a hybrid work model that promotes work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Accountant in City of London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like HFG Insurance Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Financial Accountant in City of London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to HFG Insurance Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on HFG Insurance Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at HFG Insurance Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with HFG Insurance Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at HFG Insurance Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former HFG Insurance Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
