Assistant Accountant (12 month FTC)

To provide support to the Financial Accountant and the Syndicate Finance Operations team to ensure the monthly and quarterly reporting processes operate in an efficient, controlled and timely manner. The role consists of the control and reconciliation of the Oracle ledger and assistance with the daily workflow processes. The key areas of responsibility are the transactions originating from Subscribe 2000, ensuring underwriting transactions are correctly recorded, cash transactions are either paid or received and anomalies are challenged with the relevant departments.

While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:

• The Assistant Accountant will be responsible for maintaining subledgers, ensuring accurate postings and reconciliations of balance sheet accounts during the monthly and quarterly ledger close cycles and assist to perform balance sheet substantiation procedures.
• The reconciliation of underwriting figures between Subscribe 2000 and Oracle.
• Prepare standard accounting journals such as IPT adjustments and entries to clear and maintain the subledgers.
• Assist to perform analytical reviews to create insights over financial accounts that will support the result over the reporting period.
• To remain up to date with IFRS and UK GAAP accounting requirements to ensure that transactions are properly recorded.
• Contribute to the documentation of processes, risks and controls.
• Contribute to process improvement and system enhancements within the finance function and become involved in ad hoc change and transformation projects as they arise.
• As and when required support the wider UK Operations team in the production of deliverables. This will be most common during quarterly reporting.
• To assist the Settlement Working Group by obtaining reports from other departments (incl. Credit Risk, Payments, Treasury, Syndicate Finance), and arrange monthly meetings with representatives from other departments, challenge and discuss suspected breaches; maintain action log and escalations.
• Co-ordinate information to assess if breached any premium trust rules of premium trust bank accounts.

You’ll enjoy this job if you are:

• Have a Problem-solving mind-set with critical thinking ability.
• Are a motivated, dynamic individual looking to set high standards and deliver.
• Embrace change and continuous improvement.
• Enjoy a collaborative working environment.
• Demonstrate a high degree of attention to detail and accuracy.

What you’ll need:

• Essential: Working towards ACA, ACCA, CIMA or equivalent accounting qualification.
• Understanding of financial accounting.
• Demonstrate evidence of interpreting and manipulating data clearly and accurately.
• Proven track record of working in a deadline driven environment.
• Good organisational skills including effective scheduling, prioritisation and time management skills.
• Proficiency in financial software (Microsoft Excel, accounting systems and ERP).
• Good communication skills to articulate insights.
• Excellent analytical skills.
• Strong controls and reconciliations experience.

Desirable:

• Understanding of the Lloyd’s Market and Service Companies.
• Experience with using Oracle general ledgers.
• Experience of Subscribe 2000.
• Experience with or interest in automation of finance processes to meet accelerated timetables.

At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.

MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world.