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- Tasks: Support financial accounting activities and optimise processes using the latest technologies.
- Company: Join a dynamic start-up within Willis Re's Financial Control team.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Be part of a small, growing team with diverse projects and career advancement.
- Why this job: Make an impact in finance while working on exciting automation projects.
- Qualifications: Qualified accountant with strong Excel skills and attention to detail.
The predicted salary is between 50000 - 60000 £ 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. You will 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.
- Review reinsurance contracts to assess revenue recognition for broking placements.
- Assist in the annual statutory accounts preparation process including supporting the audit process.
- Perform daily fiduciary (i.e., client premium) cashiering processes, recording of receipts, scheduling payments and completing 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.
Requirements
- 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.
EEO Statement
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. If you have a need that requires accommodation, please email us at talentacquisition@willisre.com.
Financial Accountant and Treasury Specialist in Suffolk employer: Willis Re
Contact Detail:
Willis Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant and Treasury Specialist in Suffolk
✨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 knowledge of financial accounting principles and practices. Be ready to discuss how you can contribute to the month-end close processes and automation projects they’re working on.
✨Tip Number 3
Show off your Excel skills! Since this role requires a good working knowledge of finance systems, be prepared to demonstrate your proficiency with Excel during interviews or assessments.
✨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 the team at Willis Re.
We think you need these skills to ace Financial Accountant and Treasury Specialist in Suffolk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Financial Accountant role. Highlight your accounting qualifications, experience with financial reporting, and any relevant software knowledge, especially if you’ve worked with systems like Workday.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your proactive approach to problem-solving and your experience with automation in finance.
Showcase Your Attention to Detail: In finance, attention to detail is key. Use specific examples in your application to demonstrate how you've successfully managed reconciliations or prepared financial reports. This will show us that you can handle the responsibilities of the role effectively.
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 gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at Willis Re
✨Know Your Numbers
Brush up on your financial accounting principles and practices. Be ready to discuss how you've applied these in previous roles, especially in month-end close processes and reconciliations. This will show that you understand the core responsibilities of the role.
✨Excel is Your Best Friend
Since a good working knowledge of Excel is crucial, make sure you're comfortable with functions, pivot tables, and data analysis. You might be asked to demonstrate your skills, so practice beforehand and be prepared to talk about how you've used Excel in past projects.
✨Show Your Problem-Solving Skills
The role requires a proactive approach to problem-solving, so think of examples where you've identified issues and implemented solutions. Be ready to share specific instances where your attention to detail made a difference in your work.
✨Communicate Clearly
As this position involves collaboration with various teams, practice articulating your thoughts clearly. Prepare to discuss how you've worked with others in the past, particularly in finance-related projects, and highlight your ability to manage your workload effectively.