At a Glance
- Tasks: Assist in preparing financial statements and support the finance team with various tasks.
- Company: Join a dynamic US-owned UK business with a collaborative culture.
- Benefits: Hybrid working, exposure to diverse finance functions, and career development opportunities.
- Other info: Exciting role with potential for growth in a supportive environment.
- Why this job: Gain hands-on experience in accounting while studying for your qualification.
- Qualifications: Studying or part-qualified in CIMA/ACCA/ACA with good accounting skills.
The predicted salary is between 30000 - 40000 € per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility(SM).
Role Summary and Purpose
Reporting to the Finance Manager and assisting the wider finance team, this is an exciting opportunity for the right candidate who is currently or has a desire to study for an accounting qualification to join a growing US owned UK business with operations across multiple platforms including UK and Irish Insurance Companies, Lloyd's Syndicates and a large UK regional branch network. The role will offer the right candidate a wide range of responsibilities and exposure across the finance function and the wider business. Location for the role will be a hybrid between home working and the London office.
Key Tasks and Responsibilities
- Preparation of journals and balance sheet reconciliations under both US GAAP and UK GAAP.
- Assist the team with various month and quarter end close processes.
- Assist with preparation of financial statements and assisting with audit queries.
- Own the Irish entity branches co-insurance financial process, involving reconciling fiduciary assets and liability ledgers and liaising with the Underwriting Assistants to ensure this process is efficient.
- Assist with process improvements across the finance division using automation.
- Documentation of key finance processes and controls.
- Providing support to the Finance Managers and Financial Accountants.
- All responsibilities will cover aspects of work across multiple entities including the UK and Irish Insurance Companies, MGAs as well as service/holding companies and the Lloyds syndicates.
- Ensure that all Governance and Compliance requirements are considered from a finance perspective, including SOX controls relating to the operations of the business.
Role Requirements and Skills
- Demonstrates good accounting skills.
- Good attention to detail.
- Strong communication skills.
- Demonstrates good problem-solving skills.
- A proactive and strong team player with the ability to be "hands on" and adaptable to changes.
- High competence in Excel.
- Demonstrates strong working knowledge of financial accounting systems preferable Workday but not essential.
Qualifications
- Studying/Part Qualified CIMA/ACCA/ACA.
Experience
- 1-2 years' experience in a similar role.
- Degree in accounting or similar subject.
- Experience with Insurance companies is desirable, but not essential.
- Preferably previous financial reporting experience.
Assistant Accountant employer: Mcneil & Co.
At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. With a hybrid working model in the vibrant city of London, we offer not only competitive benefits and opportunities for professional growth through support for accounting qualifications but also a chance to be part of a dynamic team that drives meaningful progress in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in insurance or accounting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of US GAAP and UK GAAP. We recommend practising common interview questions related to accounting and finance to boost your confidence.
✨Tip Number 3
Showcase your problem-solving skills during interviews. Think of examples from your past experience where you tackled challenges head-on, especially in finance-related tasks. This will demonstrate your proactive approach!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you can set up job alerts to stay updated on new opportunities that match your skills.
We think you need these skills to ace Assistant Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Assistant Accountant role. Highlight any relevant accounting qualifications or experience, especially if you’ve worked with financial systems like Workday.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about accounting and how your background makes you a great fit for our team. Don’t forget to mention your desire to study for an accounting qualification!
Showcase Your Attention to Detail:As an Assistant Accountant, attention to detail is key. In your application, provide examples of how you've demonstrated this skill in previous roles, whether through preparing financial statements or reconciling accounts.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Mcneil & Co.
✨Know Your Numbers
Brush up on your accounting principles, especially US GAAP and UK GAAP. Be ready to discuss how you've applied these in your previous roles or studies. This shows you’re not just familiar with the theory but can also bring practical knowledge to the table.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled challenges in past roles. Whether it was streamlining a process or resolving discrepancies, having specific instances ready will demonstrate your proactive approach and adaptability, which are key for this role.
✨Excel at Excel
Since high competence in Excel is a must, make sure you can talk about your experience with it. If you’ve used advanced functions or created complex spreadsheets, be prepared to share those experiences. Maybe even practice a few scenarios to feel confident!
✨Communicate Clearly
Strong communication skills are essential, so practice articulating your thoughts clearly. Whether it's discussing financial statements or explaining a reconciliation process, being able to convey your ideas effectively will set you apart from other candidates.
