At a Glance
- Tasks: Assist in delivering accurate financial and regulatory reporting on time.
- Company: Join a leading firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to work on exciting projects and enhance your industry knowledge.
- Why this job: Make a real impact in finance while growing your skills in a dynamic setting.
- Qualifications: Professional accounting qualification and strong Excel skills required.
The predicted salary is between 50000 - 60000 £ per year.
To assist in the delivery of accurate and timely financial and regulatory reporting in accordance with agreed standards and deadlines.
Financial reporting
- Documentation, reconciliation and analysis of LUK's interfaces to the General Ledger for inward insurance business, profit commission and acquisition costs;
- Preparation of month UK management accounts & preparation of annual IFRS statutory accounts for at least one of the UK group of companies;
- Assist in the production of better and more standardised management information on a monthly basis;
- Liaise with internal and external auditors, and other group entities, in order to obtain or provide information to resolve and settle queries as required;
- Keep up to date with regulatory reporting requirements and relevant accounting standards while developing industry knowledge;
- Support group projects (e.g. implementation of new system changes or new reporting requirements).
Regulatory reporting
- Assist in the preparation of LUK's annual & quarterly Solvency II reporting (e.g. SFCR and associated QRTs);
- Preparation of LUK's non UK regulatory returns (e.g. NAIC, TRIA).
Essential Skills & Requirements
- A professional accounting qualification (CA, CPA or ACCA);
- Strong knowledge of how underwriting systems operate would be an advantage;
- Detailed knowledge and experience of IFRS for insurance and investment accounting;
- Experience in completing insurance regulatory returns would be an advantage;
- Advanced Microsoft Excel skill;
- Excellent written and oral communication skills;
- Ability to work as part of a small team.
Financial & Regulatory Accountant employer: NACBA
As a Financial & Regulatory Accountant at our company, you will thrive in a dynamic work environment that values accuracy and compliance while fostering professional growth. We offer competitive benefits, a collaborative culture, and opportunities for continuous learning, all set in a vibrant location that encourages innovation and teamwork. Join us to make a meaningful impact in the financial sector while advancing your career in a supportive atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Financial & Regulatory Accountant
✨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.
✨Connect on Professional Platforms
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 NACBA. 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 Financial & Regulatory Accountant
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 NACBA.
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 NACBA'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 NACBA
✨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 NACBA.
✨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 NACBA 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 NACBA 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.
