Hays
Assistant Accountant
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Assistant Accountant / Part-Qualified Accountant
Location: City of London (Hybrid - 3-4 days office based)
Salary: £40,000 - £50,000 + Bonus + Study Support
Your new company
Our client is a growing and entrepreneurial speciality insurance business based in the heart of the London Insurance Market. With expertise across insurance and reinsurance, the business has undergone significant growth and transformation in recent years and offers a collaborative environment where employees are given real exposure across all aspects of finance and operations. The company prides itself on its people-first culture, flexibility, and commitment to professional development.
Your new role
Due to continued growth, an exciting opportunity has arisen for a Part-Qualified Accountant / Assistant Accountant to join the finance team. This is a varied role offering exposure to both transactional and month-end accounting responsibilities, along with opportunities to support financial planning, forecasting and business partnering activities. Working closely with senior stakeholders, you will play a key role in ensuring the smooth running of the finance function whilst supporting the wider business with financial insight and operational excellence.
- Manage accounts payable processes including invoice processing, supplier statement reconciliations, and payment runs.
- Oversee accounts receivable activities, ensuring timely collection of income and accurate allocation of receipts.
- Reconcile multiple bank accounts and investigate any discrepancies.
- Process, allocate, and reconcile insurance and reinsurance premiums across insurers, brokers, and relevant tax authorities.
- Monitor payment due dates and proactively manage collections to maintain strong cash flow.
- Maintain and develop relationships with brokers, insurers, and external stakeholders.
- Support month-end processes including journals, accruals, prepayments, and balance sheet reconciliations.
- Assist with the production of management accounts, P&L reporting, and variance analysis.
- Support budgeting, forecasting, and financial planning activities.
- Provide financial insight and business partnering support to operational stakeholders.
- Assist with payroll processing and related reconciliations.
- Utilise Xero on a daily basis to maintain accurate financial records and reporting.
- Contribute to process improvements and finance transformation initiatives as the business continues to grow.
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What you'll need to succeed
- Studying towards ACCA, CIMA, or ACA (or equivalent experience).
- Previous experience within an Assistant Accountant or Accountant position.
- Insurance or reinsurance sector experience is highly desirable.
- Strong understanding of AP, AR, bank reconciliations, and cash management.
- Experience working with premiums, broker accounts, or insurer settlements would be advantageous.
- Experience producing management accounts and supporting budgeting/forecasting activities.
- Strong Excel skills and experience using accounting systems such as Xero.
- Excellent communication skills with the ability to build relationships across the business.
- Proactive, organised, and able to manage multiple priorities in a fast-paced environment.
- Ability to work independently whilst contributing positively to a wider team culture.
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What you'll get in return
- Annual bonus scheme.
- Study support package.
- Hybrid working arrangement.
- Exposure to senior leadership and commercial decision-making.
- Excellent opportunity to broaden your insurance finance knowledge.
- Supportive and collaborative working environment.
- Genuine opportunities for progression as the business continues to grow.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy, and Disclaimers which can be found at hays.co.uk.
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