Financial Accountant in Newcastle upon Tyne

We are looking to recruit a Financial Accountant to join our Financial Reporting Team in Newcastle. This will be on a 12 month fixed term basis, to work on a specific project within the Finance Team.

As part of the role, you will deliver accurate, timely and complete internal, statutory, and regulatory reporting which fully supports performance analysis and meets our reporting obligations. You will ensure efficient processes and the operation of effective financial controls which support in the delivery of accurate financial and regulatory records, as well as actively assist in delivery of commercial projects across the Group where relevant to the financial reporting team.

What will you be doing?

Key responsibilities will include:

• Production of the financial and regulatory return inputs for the Japan and Hong Kong branches of NorthStandard Limited and assistance with Standard Asia Limited returns where necessary, including liaising with external auditors to address queries in a timely manner.
• Development of a process to provide analysis, interpretation and explanation of the reported numbers to finance senior management and stakeholders across the business as required.
• Financial and regulatory reporting controls are in place and implemented which ensure accurate, complete and timely financial records. This includes ensuring work is reviewed and appropriate balance sheet ownership is in place.
• Accurate, complete and up-to-date financial records are maintained for the Branch, including those held in Sage X3 and SUN.
• Ensure branch TBs are appropriately owned and controlled and are reviewed at a regular frequency.
• Ensuring the Branch complies with the local tax requirements and obligations in an accurate and timely manner, through the relevant submissions and returns.
• Processes are regularly reviewed and documented to ensure they remain fit for purpose and produce the desired outcome, including continuously seeking to improve and streamline processes, where appropriate.
• Queries from the wider business are dealt with quickly and efficiently including liaising with others in the finance team as needed.
• Regular communication and co-operation with wider finance team particularly the Financial Accounting & Control team and the other Branch Accountants.
• Work as part of the wider finance team to deliver a quarterly close in line with the Group reporting timetable.
• Play an active role in business projects and provide specialist financial and commercial knowledge as they relate to the branch of NorthStandard.
• Up-to-date, accurate and complete register is held of all financial compliance activities (filings, submissions, etc.), their timetable and status.
• The NorthStandard Branch Accountant should work effectively with the wider financial reporting team and demonstrate commitment to the NorthStandard principles.

About you - Skills/Qualifications/Experience

• Chartered Accountant (ACA) or equivalent experience, with strong working knowledge of Local GAAP and IFRS, where necessary
• Understanding of the external audit process to ensure the audit runs as smoothly as possible
• Understanding of the business, its drivers and how these are reflected in the branch’s financial results

Who we are

We are a specialist marine insurer and a member of the International Group of Protection and Indemnity clubs, owned by its shipowner members and controlled by a board of directors drawn from its membership. We’re one of the world’s leading and most influential P&I Clubs. Employing over 600 people globally, we provide an unmatched depth and breadth of expertise to our members.

Our culture and what to expect from us

Our culture is hugely important to us enabling us to fulfil our brand promise, ‘Taking on tomorrow, together’. Together we are empowered, inquisitive and courageous, giving the best of ourselves to our colleagues, customers, members and the communities we serve.

We provide excellent service to members, build long-lasting relationships built on trust and understanding, and treat our colleagues in the same way. It doesn’t matter who you are or what you do, we all act as role models and celebrate our cultural principles.

We provide our people with a fantastic benefits package including:

• 27 days annual leave per annum + bank holidays (rising with length of service).
• Private Medical Insurance.
• Life Insurance
• Structured learning and development with support towards obtaining professional qualifications that are relevant to your job.
• An onsite gym in our Newcastle office and much more…

Salary starting from £44,000, depending on experience