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- Tasks: Support the finance team with financial reporting and data management.
- Company: Join a reputable insurance company known for its strong finance team.
- Benefits: Gain valuable experience in a dynamic environment with opportunities for growth.
- Why this job: Perfect for those eager to learn and develop their accounting skills.
- Qualifications: 1-2 years in finance, working towards an accounting qualification preferred.
- Other info: Experience in insurance accounting is a plus but not required.
The predicted salary is between 36000 - 60000 £ per year.
HFG are delighted to be representing a reputable insurance company who are eager to bring on an Assistant Group Reporting Accountant to strengthen their finance team. This role will suit someone who has around 1-2 years + experience in financial reporting with a key desire to learn.
Key Duties & Responsibilities:
- Assist the Group Reporting Team in the preparation and timely delivery of quarterly and year-end IFRS 4, IFRS 17 and Solvency II reports for submission to the Group parent.
- Liaise with Group parent subsidiary personnel regarding intercompany data deliveries, technical issues and new developments.
- Contribute to the development of data management practices to enhance Group reporting to the Group parent.
- Assist in updating future models to incorporate changes introduced by future automation.
General Skills & Experience:
- Currently working in an accounting/finance role, ideally working towards an accounting qualification.
- Good knowledge of accounting processes.
- Experience in insurance accounting is not essential but would be beneficial.
- Proficiency in standard office IT applications, with strong Excel skills and solid overall IT capability.
Assistant Group Reporting Accountant employer: High Finance (UK) Limited T/A HFG
Contact Detail:
High Finance (UK) Limited T/A HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Group Reporting Accountant
✨Tip Number 1
Network with professionals in the insurance and finance sectors. Attend industry events or join relevant online forums to connect with people who can provide insights about the role and potentially refer you.
✨Tip Number 2
Familiarise yourself with IFRS 4 and IFRS 17 standards, as well as Solvency II regulations. Having a solid understanding of these frameworks will demonstrate your commitment and readiness for the role.
✨Tip Number 3
Showcase your Excel skills by preparing a small project or analysis that highlights your ability to manage and interpret financial data. This practical demonstration can set you apart during discussions.
✨Tip Number 4
Research the company’s recent developments and challenges in the insurance sector. Being knowledgeable about their operations will help you engage in meaningful conversations during interviews.
We think you need these skills to ace Assistant Group Reporting Accountant
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key duties and responsibilities of the Assistant Group Reporting Accountant. Tailor your application to highlight relevant experience in financial reporting and your eagerness to learn.
Highlight Relevant Experience: In your CV and cover letter, emphasise your 1-2 years of experience in financial reporting. Mention any specific projects or tasks that relate to IFRS 4, IFRS 17, or Solvency II reports, even if they were part of a previous role.
Showcase Your Skills: Make sure to detail your proficiency in Excel and other IT applications. If you have experience with data management practices or automation, be sure to include that as it aligns with the company's needs.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention why you are interested in working in the insurance sector and how you can contribute to their finance team.
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Showcase Your Financial Reporting Experience
Make sure to highlight your 1-2 years of experience in financial reporting. Be prepared to discuss specific projects or tasks you've handled, especially those related to IFRS standards, as this will demonstrate your familiarity with the requirements of the role.
✨Demonstrate Your Desire to Learn
Since the company is looking for someone eager to learn, express your enthusiasm for professional development. Share examples of how you've sought out new knowledge or skills in your previous roles, particularly in accounting or finance.
✨Prepare for Technical Questions
Brush up on your knowledge of IFRS 4, IFRS 17, and Solvency II. Be ready to answer questions about these standards and how they apply to group reporting. This will show that you are not only knowledgeable but also proactive in understanding the technical aspects of the job.
✨Highlight Your IT Skills
Given the emphasis on strong Excel skills and overall IT capability, be prepared to discuss your proficiency with various software applications. If possible, mention any specific tools or systems you've used in your previous roles that relate to data management or reporting.
