At a Glance
- Tasks: Join our finance team to manage accounts and ensure accurate financial reporting.
- Company: Dynamic insurance firm with a focus on growth and development.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Fast-paced environment with opportunities for professional qualifications.
- Why this job: Be part of a team that values accuracy and offers career advancement in finance.
- Qualifications: Experience in accounting, especially in the insurance sector, is essential.
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.
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 - HFG in London employer: HFG
Join our dynamic finance team as a Staff Accountant, where you will thrive in a supportive and collaborative work culture that values your contributions and encourages professional growth. Located in a vibrant area, we offer competitive benefits, including opportunities for further education and development, ensuring you can advance your career while making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Staff Accountant - HFG in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. You never know who might have a lead on a Staff Accountant role or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of insurance accounting. Be ready to discuss your experience with general ledger management and bordereau processing, as these are key areas for the role.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled complex reconciliations or improved processes in your previous roles. This will help you stand out as a detail-oriented candidate.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Staff Accountant - HFG in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your background in insurance accounting and any relevant software you’ve used. We want to see how you fit into our finance team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your experience aligns with our needs. Don’t forget to mention your analytical skills and attention to detail, as these are key for us.
Showcase Relevant Experience:When detailing your work history, focus on your progressive accounting experience, especially in the insurance sector. We love seeing specific examples of how you've managed general ledger accounts or handled month-end processes.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at HFG
✨Know Your Numbers
Brush up on your accounting knowledge, especially in insurance-specific areas. Be ready to discuss your experience with general ledger management and bordereau processing, as these are crucial for the role.
✨Showcase Your Software Skills
Make sure you’re comfortable discussing your proficiency in Microsoft Excel and any accounting software you've used. Prepare examples of how you've utilised advanced functions like VLOOKUPs or Pivot Tables in your previous roles.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past experiences where you managed tight deadlines or reconciled complex accounts, and be ready to share those stories.
✨Demonstrate Attention to Detail
Since this role requires a keen eye for detail, prepare to discuss how you ensure accuracy in your work. Bring examples of how you’ve caught errors or improved processes in your previous positions.
