Financial Accountant (must have Insurance or Banking experience)

Kenneth Brian Associates is seeking a Solvency II Accountant for a global and well-established insurer based in Central London. This is a fantastic opportunity for someone making their first move from practice to industry (insurance clients) or an industry experienced Accountant with Solvency II looking to join a business that actively encourages self-development and well-being of its employees.

Working alongside and interacting across the finance and senior SLT teams, you will not be short of exposure to other departments engaging with stakeholders.

• Recording payments and receipts and posting them accurately to the accounting system.
• Maintaining updated and accurate accounting records by documenting daily transactions (e.g., AP invoices, both Purchases and opex).
• Maintaining bank ledgers up to date and performing monthly bank reconciliations.
• Leading cash collection activities, including following up on outstanding invoices to ensure timely payments.
• Taking the lead on master data management activities, including maintaining and updating the accounting structure (e.g., products, vendors, and customers) to ensure seamless integration into the system.
• Assisting in month-end, quarter-end, and year-end closings.
• Preparing balance sheet and P&L variance analyses for the European branch.
• Ensuring completeness and accuracy in revenue recognition, in collaboration with the logistics team.
• Reconciliation of intercompany balances as part of the monthly processes.
• Supporting cash management, including monitoring weekly cash positions and attending group reporting requirements.
• Preparing payment runs and reviewing AP accounts to ensure timely and accurate payments.
• Monitoring and managing credit control, including preparation of credit reports and analysis of outstanding balances.
• Solvency II reporting (essential).

• Assisting with VAT returns and other tax compliance matters.
• Supporting internal and external audits by preparing required documentation and ensuring compliance with internal controls and company policies.

• Contributing to budgeting and performance forecasting activities.
• Assisting with projects and initiatives led by GL accountant and Process Specialist.
• Participating in finance team meetings and cross-departmental collaborations.

• Fully qualified or newly qualified accountant (ACCA/ACA/CIMA).
• 3-5 years of relevant experience in accounting and finance.
• Strong insurance or banking experience.
• Solvency II experience.
• Experience in reconciliation, variance analysis, and month-end processes.
• Detail-oriented, with strong organizational and time-management skills.
• Excellent communication and interpersonal skills to work in a small, multicultural team.

Our client offers a supportive and forward-thinking environment alongside a unique and highly competitive benefits package.

Apply today to find out more.