Financial Controller (Must have Solvency II experience)

Kenneth Brian Associates is seeking an experienced Qualified Accountant for global and well established insurer based in Central London, in their search for a newly created post.

Our client is ideally seeking an experienced Financial Controller or accountant with experience in either of the following sectors; Banking/Insurance or Financial services.

Working alongside and interacting across the Finance Director you will be required to play a pivotal role in within the team.

Key Responsibilities:

• 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 or knowledge would be desirable

Tax and Compliance

• 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.
• Additional Responsibilities
• 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.

Qualifications / Experience

• 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.

Collaborative and inclusive work environment, career growth and professional development.

Holiday: 25 days | Pension: Employer contribution; private medical Insurance; Life Assurance; Flexible working

The Person

• driven with a desire for learning and continuous personal development
• qualified/ Studying towards a professional accountancy qualification
• SOLVENCY II knowledge is Desirable gained in an insurance sector environment
• strong Excel ability
• Our clients a supportive and forward thinking environment alongside a unique and highly competitive benefits package.