At a Glance
- Tasks: Lead management accounting and deliver insightful financial information for strategic decisions.
- Company: Join MNK Group, a global leader in innovative insurance solutions.
- Benefits: Competitive salary, comprehensive benefits, study support, and career progression opportunities.
- Other info: Inclusive workplace valuing diverse perspectives and fostering career growth.
- Why this job: Be part of a dynamic finance team and make an impact in a growing international business.
- Qualifications: Experience with accounting systems and strong communication skills; formal qualification preferred.
The predicted salary is between 60000 - 75000 £ per year.
About MNK Group
MNK Group is a fully independent global group of companies comprising a specialist Lloyd’s of London broker, an MGA platform, and a portfolio of insurance and reinsurance businesses. Headquartered in London and established in 2009 as MNK Re, the Group has experienced significant growth and now operates across more than 20 international offices, serving clients in over 80 countries. MNK Group delivers sophisticated (re)insurance solutions with a strong focus on innovation, precision, and adaptability. Its key lines of business include Financial Institutions, Cyber, Marine, Construction & Energy, Aviation, Political & Credit Risk, Liability, Agriculture, and Property, alongside Treaty and Analytics. The Group is also recognised as a market leader in parametric insurance, providing bespoke solutions for complex risks such as Agriculture, Pandemics, Weather, Credit, Travel, and Marine.
The Role
MNK Group is growing, and we are looking for an experienced Group Management Accountant to play a key role in our international finance team. This role is central to delivering high‑quality management information and regulatory reporting for MNK International Limited, a leading London Market insurance intermediary with subsidiaries across EMEA, South Africa, North America, and South America. You’ll work closely with the Finance Director and lead the management accounting process across our international footprint, supported by a Finance Assistant.
As Group Management Accountant, you will oversee the production of accurate, timely, and insightful financial information that supports strategic decision‑making across the business. You will also ensure compliance with key regulatory reporting requirements.
Key Responsibilities
- Oversight and coordination of management accounts across MNK International Limited and its global subsidiaries
- Preparation of monthly management accounts, including salary journals, accruals, and prepayments
- Preparation of quarterly regulatory returns (RMAR and FIN 073)
- Control of Accounts Payable and expenses through management of the Finance Assistant
- Monitoring business performance through KPIs
Core Duties
- Coordinate month‑end accounting across multiple group entities
- Prepare monthly income postings from Client Money Calculations and reconcile to broking systems
- Prepare and post payroll journals
- Prepare and post monthly accruals and prepayments
- Produce and present monthly balance sheet reconciliations
- Present management information and KPIs to the Finance Director
- Review and approve office bank accounts and reconciliations
- Process journals into the accounting system
- Act as a liaison between finance and department heads to ensure accurate financial information
- Support annual budgeting and quarterly forecasting
- Undertake additional duties as requested by the Finance Director
About You
You will have excellent written and verbal communication skills, with the ability to present financial information clearly to both finance and non-finance stakeholders. Experience with SAP and/or Xero accounting systems is important, alongside strong Microsoft Office skills, including pivot tables and VLOOKUP. A formal accounting qualification such as AAT, ACCA or CIMA is desirable, although part-qualified candidates or those qualified by experience will also be considered. Insurance industry experience would be advantageous.
What We Offer
- Competitive salary commensurate with experience
- Comprehensive benefits package, including pension and health insurance
- Study support for relevant professional qualifications
- Structured onboarding and mentorship within an experienced finance team
- Clear opportunities for career progression within a growing international business
Equal Opportunity Statement
MNK Group is committed to fostering an inclusive and diverse workplace where all individuals are treated with respect and fairness. We value diverse perspectives and believe they are fundamental to our success, enabling every employee to contribute meaningfully and reach their full potential.
Group Management Accountant in London employer: MNK Group
MNK Group is an exceptional employer that offers a dynamic and professional workplace environment in the heart of London. As a Receptionist, you will not only represent our brand but also enjoy a collaborative culture that values diversity and fosters personal growth. With competitive salaries and exposure to high-profile clients, this role provides a unique opportunity to thrive in a prestigious setting while delivering outstanding service.
StudySmarter Expert Advice🤫
We think this is how you could land Group Management Accountant in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like MNK Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Group Management Accountant in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to MNK Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on MNK Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at MNK Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with MNK Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at MNK Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former MNK Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
