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For Companies At a Glance
- Tasks: Lead a finance team, manage financial statements, and ensure compliance with accounting standards.
- Company: Join a growing Lloyd's business making waves in the insurance sector.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Perfect for those looking to advance their career in a reputable company with a strong team culture.
- Qualifications: Must be a qualified accountant with experience in the insurance market.
- Other info: Immediate availability is required; system migration experience is a plus.
The predicted salary is between 48000 - 72000 £ per year.
I’m partnered with my client, a growing Lloyd’s business, with a vacancy within their finance team. This is an excellent opportunity for a Senior Accountant ready to take the next step in their career and lead a small team. Given the nature of the role, candidates must be immediately available or on a short notice period. Prior experience in the insurance sector is essential.
Key Responsibilities
- Set up new entities in the ledger and manage journals during close
- Prepare timely and accurate monthly, quarterly, and annual consolidated financial statements in line with international standards
- Draft technical accounting papers and support audit preparation
- Record and reconcile premiums, claims, and commissions accurately
- Handle complex underwriting and claims reconciliations from internal and external sources
- Manage the general ledger, ensuring accuracy and completeness
- Navigate multi-currency and multi-jurisdictional accounting complexities
- Ensure compliance with local GAAPs and international tax standards
- Liaise with auditors and prepare supporting documentation for audits
- Coordinate VAT and tax filings with advisors across jurisdictions
- Drive process improvements in reporting and reconciliation
- Support implementation of new financial systems
- Maintain strong internal controls and support audit readiness
About You
- Qualified accountant
- Experienced within the Insurance market
- System migration experience advantageous
- Technical understanding of insurance accounting principles, premium, and claims handling
Senior Accountant - 12-month FTC employer: Pavilion Recruitment Solutions
Contact Detail:
Pavilion Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Accountant - 12-month FTC
✨Tip Number 1
Network with professionals in the insurance sector. Attend industry events or join relevant online forums to connect with people who can provide insights about the role and potentially refer you.
✨Tip Number 2
Brush up on your knowledge of international accounting standards and local GAAPs. Being well-versed in these areas will not only boost your confidence but also demonstrate your expertise during interviews.
✨Tip Number 3
Prepare to discuss your experience with system migrations and process improvements. Highlight specific examples where you've successfully implemented changes that enhanced efficiency in financial reporting.
✨Tip Number 4
Familiarise yourself with the company's recent developments and challenges in the insurance market. This knowledge will help you tailor your discussions and show your genuine interest in the role and the organisation.
We think you need these skills to ace Senior Accountant - 12-month FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in the insurance sector, particularly any roles that involved managing financial statements and reconciliations. Use specific examples to demonstrate your expertise in handling complex accounting tasks.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Senior Accountant position and explain why you are the perfect fit. Mention your qualifications, your immediate availability, and any experience with system migrations or process improvements.
Highlight Technical Skills: Given the technical nature of the role, ensure you emphasise your understanding of international accounting standards, GAAPs, and tax compliance. Include any specific software or systems you have experience with that are relevant to the position.
Proofread Your Application: Before submitting your application, take the time to proofread all documents. Check for spelling and grammatical errors, and ensure that your information is clear and concise. A polished application reflects your attention to detail, which is crucial for an accounting role.
How to prepare for a job interview at Pavilion Recruitment Solutions
✨Showcase Your Insurance Experience
Make sure to highlight your previous experience in the insurance sector during the interview. Discuss specific projects or roles where you managed financial statements, reconciliations, or audits related to insurance, as this is crucial for the role.
✨Demonstrate Technical Knowledge
Be prepared to discuss technical accounting principles relevant to the insurance industry. Familiarise yourself with international standards and local GAAPs, and be ready to explain how you've applied these in past roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding complex underwriting and claims reconciliations. Prepare examples of challenges you've faced and how you resolved them, showcasing your analytical abilities.
✨Emphasise Leadership Skills
Since the role involves leading a small team, be ready to discuss your leadership style and experiences. Share examples of how you've motivated teams, driven process improvements, or supported system migrations in previous positions.
