Financial accountant

Financial accountant

Temporary 40000 - 50000 £ / year (est.) Home office (partial)
Pacific Life Re

At a Glance

  • Tasks: Support financial reporting and analysis while collaborating with various finance teams.
  • Company: Join a dynamic team at Pacific Life Re, committed to diversity and inclusion.
  • Benefits: Enjoy 25 days annual leave, healthcare, wellness initiatives, and a healthy work-life balance.
  • Other info: Participate in team-building activities and community involvement opportunities.
  • Why this job: Make an impact in finance while developing your skills in a supportive environment.
  • Qualifications: Qualified accountant with 2+ years of experience in accounting or financial services.

The predicted salary is between 40000 - 50000 £ per year.

This role is responsible for supporting the accurate and timely preparation and analysis of financial information across accounting, reporting, and regulatory frameworks, including US GAAP, US Statutory (US STAT), Bermuda Monetary Authority (BMA), and other internal or regulatory bases as required.

The role works closely with Actuarial, Treasury, Reinsurance Accounting, and wider Finance stakeholders to support statutory, regulatory and management deliverables. This is a hands-on execution role, focused on close, reporting, analysis, journals, reconciliations, and audit support, working collaboratively across Finance within established frameworks, controls, and processes.

How You’ll Help Move Us Forward

  • Support monthly, quarterly, and annual financial reporting across management, statutory, and regulatory bases.
  • Support period-end close activities, including preparation and/or review of journal entries, reconciliations, system outputs, and supporting schedules.
  • Prepare and analyse financial results and movements, providing explanations of variances.
  • Prepare and maintain balance sheet reconciliations and ensure timely resolution of reconciling items.
  • Ensure compliance with internal controls and Finance policies.
  • Support internal and external audit processes by preparing documentation and assisting with information requests.
  • Support cross-functional Finance processes, working collaboratively with teams including Investments, Treasury, Reinsurance Accounting, Actuarial, Risk, and Operations.
  • Support process adherence, documentation updates, and continuous improvement initiatives.
  • Provide ad hoc analysis and support to Finance managers as required.

Qualifications and Experience

  • Qualified accountant (ACA or equivalent).
  • 2+ years of experience in accounting, financial services, or (re)insurance (preferred).
  • University degree.
  • Experience supporting financial reporting under US GAAP (preferred) or similar frameworks.
  • Exposure to a regulated environment is beneficial.

Competencies and Behaviours

  • Strong attention to detail and accuracy.
  • Ability to manage deadlines and operate effectively during close cycles.
  • Clear and concise written and verbal communication skills.
  • Highly adaptable, with a proven ability to quickly learn new systems.
  • Well-organised and process-driven.
  • Collaborative team player who works effectively across Finance functions.
  • Demonstrates integrity, accountability, and a proactive approach.
  • Strong Microsoft Office skills, including Excel, Word and PowerPoint, and Outlook.
  • AI capabilities (preferred).

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well-being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

  • 25 days of annual leave with option to buy/sell more days.
  • Adoption and fertility leave.
  • Generous enhanced parental leave.
  • Comprehensive private insurance coverage for employee and dependents.
  • Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary.
  • Optical benefits.
  • 15% combined employee/employer contributions.
  • Subsidized gym membership.
  • Access to Employee Assistance Program.
  • Cycle to Work and Electric Car Salary Sacrifice Scheme.
  • Time off for volunteering.
  • Charitable matching of employee donations.

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values.

Financial accountant employer: Pacific Life Re

At Pacific Life Re, we pride ourselves on being an exceptional employer that values the unique contributions of each team member. Our collaborative work culture fosters professional growth and offers a healthy work-life balance, complemented by generous benefits such as 25 days of annual leave, comprehensive healthcare coverage, and opportunities for community involvement. Located in a vibrant environment, we not only focus on achieving excellence but also ensure our employees enjoy their journey with us through regular social activities and well-being initiatives.

Pacific Life Re

Contact Details:

Pacific Life Re Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial accountant

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We think you need these skills to ace Financial accountant

US GAAP
Financial Reporting
Journal Entries
Reconciliations
Audit Support
Attention to Detail
Communication Skills

Some tips for your application 🫡

Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!

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Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Pacific Life Re. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!

Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Pacific Life Re confidence in your short-term commitment to the role.

How to prepare for a job interview at Pacific Life Re

Brush Up on Financial Regulations

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Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.

Highlight Flexibility and Adaptability

For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Pacific Life Re that you’re a reliable team player.

Demonstrate a Willingness to Learn

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