At a Glance
- Tasks: Support financial accounting and treasury activities while optimising processes with the latest tech.
- Company: Join Willis Re, a forward-thinking company in the reinsurance industry.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Be part of a small, dynamic team with diverse projects and career advancement.
- Why this job: Make an impact in finance while working on innovative automation projects.
- Qualifications: Qualified accountant with strong Excel skills and attention to detail.
The predicted salary is between 40000 - 50000 £ per year.
As a Financial Accountant within Willis Re’s Financial Control team, you will support a wide scope of financial accounting activities across a number of regulated legal entities in multiple geographies. Core accounting activities will include involvement in the month end close processes, such as preparing journals and reconciliations in our Workday general ledger system and assisting in the preparation of the monthly financial reports. This will extend to assisting in statutory accounts preparation and supporting audit activities.
In addition, this role will have responsibility over certain Treasury and client funds flows. Specifically the daily client and reinsurer premium payments, receipting and reconciliations. This role will also ensure appropriate funding balances are in place between corporate accounts across entities and currencies. Work with partners in WTW Treasury to liaise with banks on banking matters.
As a start-up business we have the opportunity to ensure we design efficient processes using the latest technologies. As a result, you will be heavily involved in ongoing optimisation and automation activities – including the active project to maximise the automation of the client funds payment and receipting process. As the finance team is small (but growing), there will be opportunities to be involved across the full breadth of finance activities and various projects throughout the year.
Key Responsibilities:- Support the financial close process through posting of journals, performing reconciliations, assisting in the preparation of financial reports.
- Reviewing of reinsurance contracts to assess revenue recognition for broking placements.
- Assist in the annual statutory accounts preparation process including assisting in supporting the audit process.
- Performing the daily fiduciary (i.e. client premium) cashiering processes, recording of receipts, scheduling payments and completion of daily reconciliations.
- Manage the liquidity balances across corporate bank accounts, and assist in developing and running cash flow forecasting.
- Involvement in ad-hoc projects including geographical expansion, the automation of cashiering activities and adaptive planning.
- Qualified accountant.
- Strong understanding of accounting principles and practices.
- Good working knowledge of Excel and finance systems.
- Strong attention to detail and a proactive approach to problem solving.
- Ability to manage your own workload and meet deadlines.
- Clear communication skills and a collaborative working style.
Willis Re is committed to embracing a diverse, inclusive, and flexible work environment. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories.
Finance & Treasury Specialist — Global Cash Flow & Automation in Ipswich employer: Willis Re Bermuda
Willis Re is an exceptional employer located in Ipswich, offering a dynamic work environment that fosters innovation and collaboration. As part of a growing finance team, employees have the unique opportunity to engage in diverse financial activities and projects, while benefiting from a culture that prioritises inclusivity and professional development. With a commitment to leveraging cutting-edge technology for process optimisation, Willis Re empowers its staff to contribute meaningfully to the future of reinsurance.
StudySmarter Expert Advice🤫
We think this is how you could land Finance & Treasury Specialist — Global Cash Flow & Automation in Ipswich
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and treasury space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to financial accounting and automation. Tailor your answers to show how your skills align with their needs, especially in optimising processes.
✨Tip Number 3
Practice your communication skills! Clear and concise communication is key in finance roles. Try mock interviews with friends or use online platforms to refine your pitch and ensure you can articulate your experience effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Get your application in and let’s get you started on this exciting journey!
We think you need these skills to ace Finance & Treasury Specialist — Global Cash Flow & Automation in Ipswich
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance & Treasury Specialist role. Highlight relevant experience and skills that match the job description, like your understanding of accounting principles and any automation projects you've been involved in.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and treasury, and how your proactive approach can contribute to our team at Willis Re. Don't forget to mention your collaborative working style!
Showcase Your Tech Savvy:Since we're all about optimising processes with the latest technologies, make sure to highlight your experience with finance systems and Excel. If you've worked on automation projects, share those experiences to show us how you can help streamline our operations.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Willis Re Bermuda
✨Know Your Numbers
As a Finance & Treasury Specialist, you'll need to demonstrate your strong understanding of accounting principles. Brush up on key financial concepts and be ready to discuss how you've applied them in previous roles. This will show that you’re not just familiar with the theory but can also put it into practice.
✨Excel Like a Pro
Since good working knowledge of Excel is crucial for this role, make sure you're comfortable with functions, pivot tables, and data analysis tools. Consider preparing a few examples of how you've used Excel to solve problems or streamline processes in your past work.
✨Show Your Problem-Solving Skills
The job requires a proactive approach to problem-solving. Think of specific instances where you've identified issues and implemented solutions, especially in financial contexts. Be prepared to share these examples during your interview to highlight your analytical thinking.
✨Communicate Clearly
Clear communication is key in finance roles, especially when liaising with banks and other stakeholders. Practice articulating your thoughts clearly and concisely. You might even want to do a mock interview with a friend to refine your delivery and ensure you come across as confident and collaborative.
