At a Glance
- Tasks: Manage accounts, oversee financial reporting, and ensure compliance in a dynamic finance team.
- Company: Join a growing finance team in the insurance industry with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Ideal for detail-oriented individuals looking to grow their career in finance.
- Why this job: Be part of a vital role that supports financial accuracy and compliance in a fast-paced environment.
- Qualifications: Experience in accounting, especially in insurance, and a degree in Finance or Accounting.
The predicted salary is between 35000 - 45000 £ per year.
We are seeking a detail-oriented and motivated Staff Accountant to join our growing finance team on a permanent basis. The ideal candidate will bring a solid foundation in insurance accounting, a sharp analytical mind, and the desire to grow alongside our business.
Position Type: Full-Time, Permanent
Reports To: Financial Controller
Key Responsibilities
- Core Accounting & Ledger Management
- General Ledger Ownership: Maintain and reconcile general ledger accounts; prepare, post, and review monthly journal entries.
- Accounts Payable & Receivable: Oversee the full-cycle AP and AR processes, including invoice verification, approval routing, vendor management, and premium collection tracking.
- Cashbook & Banking: Manage daily cashbook maintenance and perform complex monthly bank, credit card, and multi-currency reconciliations.
- Insurance-Specific Finance Operations
- Bordereau Management: Review, reconcile, and process premium and claims bordereaux from brokers, coverholders, or MGAs, ensuring accurate data flow into the core ledger.
- Regulatory & Compliance Support: Assist in the preparation of schedules for standard insurance regulatory filings and premium tax reporting.
- Month-End Close & Reporting
- Financial Reporting: Play a key role in the month-end, quarter-end, and year-end closing processes, ensuring deadlines are met with high accuracy.
- Expense Management: Audit and process employee expense reports, ensuring strict adherence to company travel and entertainment policies, while analyzing trends in departmental spending.
- Audit Preparation: Assist in preparing working papers, schedules, and documentation for internal and external auditors.
Qualifications & Skills
- Experience: Progressive accounting experience, with a mandatory background in the insurance industry (understanding of insurance-specific terminology, cashbooks, and bordereau processing is essential).
- Education: Bachelor's degree in Accounting, Finance, or a related field. Progress toward a professional qualification (e.g., ACCA, CIMA, CPA) is highly desirable.
- Technical Skills: Advanced proficiency in Microsoft Excel (VLOOKUPs, Pivot Tables, advanced formulas; macro experience is a plus). Familiarity with mainstream accounting software and specialized insurance ledgers (e.g., Sage, NetSuite, Workday, or industry-specific platforms).
- Attributes: Strong attention to detail, exceptional organizational skills, and the ability to manage competing deadlines in a fast-paced environment.
Staff Accountant employer: HFG Insurance Recruitment
Join our dynamic finance team as a Staff Accountant, where you will thrive in a supportive work culture that values detail-oriented professionals and encourages continuous growth. Located in a vibrant area, we offer competitive benefits, opportunities for professional development, and a chance to make a meaningful impact in the insurance industry. With a focus on collaboration and innovation, we are committed to fostering an environment where your skills can flourish and your career can advance.
StudySmarter Expert Advice🤫
We think this is how you could land Staff Accountant
✨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 Staff Accountant
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.
