At a Glance
- Tasks: Join a dynamic team to enhance financial controls and ensure regulatory compliance.
- Company: Leading specialist insurance organisation in London with a focus on growth.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Other info: Fast-paced environment with opportunities for professional growth and transformation initiatives.
- Why this job: Make a real impact in financial reporting and control within the insurance sector.
- Qualifications: Experience in financial accounting or audit, preferably in insurance; strong analytical skills required.
The predicted salary is between 45000 - 55000 Β£ per year.
HFG are currently partnering with a leading specialist insurance organisation to recruit an ambitious Financial Accountant to join their growing London finance team.
Reporting to the Financial Controller, this is an exciting opportunity to play a key role in financial reporting, financial control, regulatory compliance and fiduciary accounting within a dynamic insurance business.
Working closely with stakeholders across Finance, Operations, Broking, Compliance and Treasury, you'll help strengthen the control environment while supporting the continued growth of the organisation.
Key Responsibilities
- Support the development and continuous enhancement of the financial control framework across the business.
- Prepare and review monthly balance sheet reconciliations, ensuring accuracy and timely resolution of outstanding items.
- Assist with the month-end and year-end close process, including journal postings and financial reporting.
- Support compliance with FCA CASS regulations, ensuring client money is managed and reported in line with regulatory requirements.
- Perform fiduciary accounting activities, including insurer and client account reconciliations, premium and claims settlements, and cash management.
- Monitor and maintain robust internal controls, identifying opportunities to improve processes and increase automation.
- Assist with the preparation of statutory accounts and support the external audit process.
- Produce management information, financial analysis and reporting to support business decision-making.
- Partner with colleagues across Broking, Operations, Compliance and Treasury to ensure accurate financial reporting and regulatory compliance.
- Support finance transformation initiatives, systems enhancements and wider projects as the finance function continues to evolve.
Skills & Experience
- Previous experience in financial accounting, financial control or external audit, either within the insurance industry or auditing insurance clients in practice, is essential.
- Insurance, broking, MGA is highly desirable.
- Knowledge of FCA CASS regulations and client money requirements would be advantageous.
- Strong reconciliation, analytical and problem-solving skills with excellent attention to detail.
- Advanced Microsoft Excel skills and experience using finance systems.
- Ability to manage multiple priorities and work effectively in a fast-paced environment.
- Strong communication skills with the confidence to build relationships across the business.
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Financial Accountant employer: HFG
HFG is an exceptional employer that values its employees by offering a dynamic work culture and flexible hybrid working patterns, allowing for a healthy work-life balance. With a strong focus on professional development, employees are encouraged to grow their skills and advance their careers within the global insurance sector, making it a rewarding place to work for those seeking meaningful contributions in internal auditing.