At a Glance
- Tasks: Process and review employee expense claims while ensuring compliance with policies.
- Company: Join a well-known insurance company with a supportive team culture.
- Benefits: Flexible working, skill development, and a collaborative environment.
- Other info: Great opportunities for professional growth in a fast-paced finance function.
- Why this job: Make an impact in finance while developing your skills in a dynamic setting.
- Qualifications: Detail-oriented with strong communication and organisational skills.
The predicted salary is between 30000 - 40000 £ per year.
A well known insurance company is seeking a proactive and detail-oriented Expense Assistant to join its Treasury team. This is a business-facing role providing Travel & Expense (T&E) support across the organisation, covering employee expenses including personal claims and benefits.
The role involves processing and reviewing expense claims in Concur, ensuring compliance with internal policies, and maintaining accurate Supplier Master Data in SAP. You will also support the wider Accounts Payable (AP) function as required.
The Accounts Payable & Expenses team is responsible for ensuring the accurate and timely payment of all administrative expenses across multiple entities, covering both supplier invoices and employee expenses.
Key Responsibilities- Review and release employee expense claims in Concur, ensuring adherence to internal policies and appropriate documentation
- Liaise with employees and approvers to resolve queries
- Produce monthly expense reports for HR in line with payroll deadlines
- Set up new employees in Concur and SAP while maintaining confidential data accurately
- Maintain Supplier Master Data in SAP in line with internal controls
- Liaise with the business and external suppliers to obtain approvals and required checks
- Provide support to AP assistants with invoice processing and release in Concur
- Monitor the Accounts Payable inbox and respond to supplier and internal queries within agreed SLAs
- Ensure compliance with regulatory requirements and internal policies, including financial controls, data protection, and conduct standards
- Business Acumen: Understanding of the non-life insurance and reinsurance market, including Lloyd’s and company markets
- Client Relationships: Ability to build effective relationships across all levels of the organisation
- Communication: Strong verbal and written communication skills
- Planning & Organisation: Excellent organisational skills with the ability to manage multiple priorities
- Teamwork: Collaborative team player with a positive, can-do attitude
- Motivation & Initiative: Self-motivated with the ability to take initiative and add value
- Experience within Accounts Payable or Expense functions
- Working knowledge of Concur
- Familiarity with SAP
- Understanding of corporate banking systems
- Intermediate Excel skills
- Proficiency in Microsoft Office (Word, PowerPoint, Outlook)
You will join a collaborative and supportive environment within a well known insurance company, with opportunities to develop your skills in a fast-paced finance function. The organisation promotes flexible working, professional growth, and a strong team culture.
Expense Assistant in City of London employer: Lorien
Join a well-known insurance company as an Expense Assistant in London, where you will thrive in a collaborative and supportive environment. With a focus on professional growth and flexible working arrangements, this role offers the chance to develop your skills within a dynamic finance function while being part of a strong team culture that values initiative and effective communication.
StudySmarter Expert Advice🤫
We think this is how you could land Expense Assistant in City of London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Lorien.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Lorien might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Expense Assistant in City of London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Lorien will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Lorien. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Lorien confidence in your short-term commitment to the role.
How to prepare for a job interview at Lorien
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Lorien.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Lorien that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
