At a Glance
- Tasks: Support financial accounting and treasury activities across multiple regions.
- Company: Join a forward-thinking company focused on innovative reinsurance solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Exciting projects and a collaborative environment await you!
- Why this job: Be part of a dynamic team shaping the future of finance with cutting-edge technology.
- Qualifications: Qualified accountant with strong Excel skills and attention to detail.
The predicted salary is between 45000 - 55000 £ 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.
Financial Accountant and Treasury Specialist 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, you will have the opportunity to engage in diverse financial activities and projects, enhancing your professional development while utilising cutting-edge technologies. The company prioritises a culture of inclusivity and flexibility, ensuring that all employees feel valued and supported in their career growth.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accountant and Treasury Specialist in Ipswich
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Willis Re or similar companies. A friendly chat can sometimes lead to job opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of financial accounting principles. We recommend practising common interview questions related to financial reporting and treasury management to show you’re ready to hit the ground running.
✨Tip Number 3
Showcase your problem-solving skills! Be ready to discuss how you've tackled challenges in past roles, especially around financial processes or automation. This will highlight your proactive approach, which is key for the Financial Accountant role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Willis Re.
We think you need these skills to ace Financial Accountant and Treasury Specialist in Ipswich
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Accountant and Treasury Specialist role. Highlight relevant experience, especially in financial accounting and treasury management, to show us you’re the perfect fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in this role at Willis Re and how your skills align with our needs. Keep it concise but impactful!
Showcase Your Skills:Don’t forget to showcase your strong understanding of accounting principles and your Excel prowess. We love seeing candidates who can demonstrate their technical skills clearly in their application.
Apply Through Our Website:We encourage you to apply through our website for a smoother 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 Financial Accountant, 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 Skills are Key
Since good working knowledge of Excel is a requirement, make sure you’re comfortable with functions, pivot tables, and data analysis. You might even want to prepare 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 role requires a proactive approach to problem-solving. Think of specific instances where you identified an issue and took the initiative to resolve it. Be prepared to share these examples during your interview to highlight your analytical thinking and resourcefulness.
✨Communicate Clearly
Clear communication is essential, especially when collaborating with others. Practice explaining complex financial concepts in simple terms. This will not only help you in the interview but also demonstrate your ability to work well within a small team and across various projects.
