Financial Accountant - Global Insurer in London

Financial Accountant - Global Insurer in London

London Full-Time 35000 - 45000 £ / year (est.) No working from home possible
Woodland Partners

At a Glance

  • Tasks: Support the finance team with accurate accounting and financial transactions.
  • Company: Join a global insurance group experiencing exciting growth.
  • Benefits: Gain valuable experience while completing your accounting qualification.
  • Other info: Great opportunity for career growth in a thriving organisation.
  • Why this job: Be part of a dynamic team and tackle diverse financial challenges.
  • Qualifications: 12 months experience in an insurer and strong Excel skills required.

The predicted salary is between 35000 - 45000 £ per year.

Woodland Partners are working with a global Insurance Group who have recently embarked on an expansion program due to a recent large investment in the search for their new Financial Accountant reporting into the FC. The role will support the Finance team in maintaining accurate accounting records, processing financial transactions, performing reconciliations, and assisting with month-end reporting. The role will contribute to the efficient operation of the finance function and ensure financial information is recorded accurately and in a timely manner.

Specific responsibilities include:

  • Processing supplier invoices, credit notes and employee expense claims.
  • Assisting with purchase ledger and sales ledger activities.
  • Processing bank payments and maintaining payment records.
  • Performing daily and monthly bank reconciliations.
  • Reconciling insurer, broker and client balances.
  • Assisting with premium accounting and bordereaux reconciliations.
  • Posting journals including accruals, prepayments and reclassifications.
  • Assisting with month-end close activities and balance sheet reconciliations.
  • Supporting the preparation of management information and KPI reporting.
  • Assisting with audit requests and providing supporting documentation.
  • Maintaining accurate financial records and filing systems.
  • Assisting with data uploads and reconciliations between operational and finance systems.

This is a superb opportunity for someone looking to complete their accounting qualification who is seeking an organisation in a period of growth and who is looking for variety and challenge. To be considered you must have at least 12 months recent experience in an Insurer and have strong Excel skills.

Financial Accountant - Global Insurer in London employer: Woodland Partners

Join a dynamic global insurance group that values growth and development, offering a supportive work culture where your contributions directly impact the finance function. With opportunities for professional advancement and a commitment to maintaining accurate financial records, this role is perfect for those looking to enhance their accounting qualifications in a thriving environment. Enjoy the benefits of working in a company that prioritises employee well-being and fosters a collaborative atmosphere.

Woodland Partners

Contact Details:

Woodland Partners Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Accountant - Global Insurer in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Woodland Partners. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Financial Accountant - Global Insurer in London

Accounting Skills
Financial Transaction Processing
Reconciliation Skills
Month-End Reporting
Supplier Invoice Processing
Purchase Ledger Management
Sales Ledger Management

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Woodland Partners.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Woodland Partners's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Woodland Partners

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Woodland Partners.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Woodland Partners will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Woodland Partners employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.