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Financial Accountant
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Financial Accountant | Part Qualified / Finalist (Active Studier) | City of London | Insurance | Hybrid Working
Experience working in the insurance sector is ESSENTIAL
Your new company
A growing insurance organisation is seeking a Financial Accountant to join its London finance team. Operating within the specialist insurance market, the business continues to expand and invest in its finance function, creating an excellent opportunity for a newly qualified accountant seeking to develop their career within a dynamic and evolving sector. The finance team plays a critical role in delivering high-quality financial reporting, regulatory compliance and management information to support commercial decision-making across the business. This position offers excellent exposure to technical insurance accounting, financial reporting and stakeholder engagement within a collaborative and supportive environment.
Your new role
As Financial Accountant, you will take ownership of a broad range of financial reporting and accounting responsibilities, working closely with finance and operational stakeholders across the business. The position is ideally suited to a part-qualified accountant or finalist level candidate who is actively studying and looking to build upon their technical accounting knowledge whilst gaining exposure to insurance-specific reporting, regulatory requirements and strategic finance activities.
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- Ownership of the month-end close process, ensuring general ledger and trial balance reporting is completed accurately and on time.
- Preparation of monthly Profit & Loss statements and Balance Sheets.
- Preparation and posting of technical insurance and reinsurance journal entries.
- Reviewing insurance transactions and validating the accounting treatment against contractual arrangements.
- Preparing statutory financial statements in accordance with relevant accounting standards.
- Supporting the completion of regulatory returns and compliance reporting requirements.
- Assisting with direct and indirect tax reporting obligations and associated filings.
- Preparing premium, claims and commission reporting for external stakeholders and insurance partners.
- Producing financial analysis and management information to support business performance monitoring.
- Preparing audit working papers and lead schedules to support the year-end audit process.
- Acting as a key contact for auditors and assisting with the resolution of audit queries.
What you'll need to succeed
- Part qualified or finalist ACA, ACCA or CIMA accountant and actively studying towards completion
- Previous experience within the insurance sector is essential
- Strong understanding of insurance accounting principles and financial reporting requirements.
- Knowledge of UK GAAP, IFRS and international accounting standards.
- Experience preparing monthly management accounts and financial reporting packs.
- Experience preparing or supporting statutory accounts.
- Exposure to regulatory reporting requirements.
- Strong Excel skills, including formulas, lookups and pivot tables.
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What you'll get in return
- Hybrid working arrangement.
- Opportunity to join a growing insurance organisation.
- Exposure to technical insurance accounting and financial reporting.
- Broad remit covering statutory accounts, regulatory reporting and management information.
- Close collaboration with senior finance and operational stakeholders.
- Opportunity to contribute to finance transformation and process improvement projects.
- Excellent long-term career progression within a growing business.
- Supportive and collaborative team environment.
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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