At a Glance
- Tasks: Manage expenses and accounts payable, ensuring timely supplier payments and accurate reporting.
- Company: Join RiverStone International, a leading global insurance specialist with over 25 years of experience.
- Benefits: Enjoy private medical cover, 25 days holiday, and a bonus scheme based on performance.
- Other info: Great career growth opportunities and a vibrant team culture await you!
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: Attention to detail, analytical skills, and familiarity with financial systems are essential.
The predicted salary is between 30000 - 40000 £ per year.
RiverStone International is an established global non-life run-off insurance business specialist with more than 25 years of experience. Operating in the UK company and Lloyd’s of London markets, Bermuda, U.S., and Europe, RiverStone International has transacted a wide variety of deals – from insurance and reinsurance portfolio transfers to company purchases, acquiring over $17.7 billion of gross liabilities since 2010 and with around $6.7 billion of liabilities currently under management.
The role is responsible for the effective management of expenses and accounts payable activities, ensuring timely, accurate and authorised processing of supplier payments and maintenance of the accounts payable and general ledger systems. The role supports financial control through reconciliations, reporting, VAT recovery, intercompany recharging and contribution to FCA reporting, while also helping to improve and automate AP processes. Working closely with colleagues across the business and external suppliers, the role requires strong attention to detail, sound analytical skills and an understanding of regulatory requirements.
Responsibilities
- To effectively carry out expense management and reporting
- Maintain accounts payable and general ledger system within Oracle Fusion.
- Ensure appropriate authorisation of all payments.
- Ensure timely and accurate settlement of balances to suppliers.
- Maintain specific account reconciliations
Skills
- Planning and Implementation
- Communications
- Analysis
- Diligence and accuracy
- Interpersonal
- IT to independently obtain required data from financial systems and use spreadsheets.
Benefits
We believe in taking care of our team and helping our employees thrive both professionally and personally. Our benefits include:
- Private Medical and Dental cover – Comprehensive Private Medical and Dental Insurance schemes with Bupa Health and Wellness – including access to our Employee Assistance Programme, Headspace subscription, Mental Health First aiders at each site, up to five funded counselling sessions per year, annual health check-up and eye test voucher
- Wellbeing Allowance – Can be used towards either physical or mental health wellbeing activities
- 25 days’ holiday per year – plus bank holidays and office closure on Christmas Eve. Holiday entitlement increases with length of service
- Bonus scheme – dependent on achieving individual, department and company goals
- Pension – a non-contributory defined contribution pension scheme
- Life Assurance – provides a lump sum 10 x your salary
- Permanent Health Insurance Scheme – scheme pays benefits during a prolonged period of illness or disability lasting more than 26 weeks
- Parental Leave – Enhanced Maternity, Paternity and Shared Parental Leave policy
- Training and development – Company funding for professional qualifications that would be beneficial for your role
- Volunteering and charity – triple matching donations made independently or via our Give As You Earn scheme, Give A and two paid volunteering days per year to help give back to our local communities
- Cycle To Work Scheme – a tax efficient way to purchase a bicycle
- Interest Free Travel Loan – to assist with commuting costs
- Travel Insurance – business and personal travel
- Sports and Social – active sports and social committee that organizes subsidised events
We encourage applications from everyone regardless of disability.
Finance Associate (accounts payable) employer: RiverStone Management Limited
RiverStone International is an exceptional employer that prioritises the well-being and professional growth of its employees. With a strong focus on work-life balance, comprehensive benefits including private medical cover, generous holiday entitlement, and a commitment to training and development, employees are empowered to thrive in a supportive and collaborative environment. Located in the heart of the UK insurance market, RiverStone offers unique opportunities to engage with industry leaders while contributing to meaningful financial operations.
Contact Details:
RiverStone Management Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Finance Associate (accounts payable)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who might have insights into RiverStone International. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of accounts payable processes and financial regulations. We recommend practising common interview questions and having examples ready that showcase your attention to detail and analytical skills.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation for the opportunity. It shows your enthusiasm and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it gives you a chance to showcase your interest in RiverStone International and its values right from the start.
We think you need these skills to ace Finance Associate (accounts payable)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Associate role. Highlight your experience with accounts payable, expense management, and any relevant software like Oracle Fusion. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how you can contribute to our team. Be sure to mention any specific experiences that relate to the responsibilities listed in the job description.
Show Off Your Attention to Detail:In finance, accuracy is key! When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their application is polished and professional.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at RiverStone International!
How to prepare for a job interview at RiverStone Management Limited
✨Know Your Numbers
As a Finance Associate, you'll be dealing with numbers all day. Brush up on your financial terminology and be ready to discuss key metrics related to accounts payable. Familiarise yourself with terms like reconciliations, VAT recovery, and intercompany recharging, as these will likely come up in conversation.
✨Master Oracle Fusion
Since the role involves maintaining the accounts payable and general ledger system within Oracle Fusion, make sure you have a basic understanding of how this software works. If possible, try to get some hands-on experience or watch tutorials online to show that you're proactive and tech-savvy.
✨Show Off Your Attention to Detail
This position requires strong attention to detail, so be prepared to provide examples from your past experiences where your diligence made a difference. Whether it was catching an error in a report or ensuring timely payments, highlight how your meticulous nature has benefited your previous employers.
✨Communicate Effectively
You'll be working closely with colleagues and external suppliers, so strong communication skills are a must. Practice articulating your thoughts clearly and concisely. During the interview, demonstrate your interpersonal skills by engaging with your interviewer and asking insightful questions about the team dynamics and company culture.