Munich Re Specialty - Global Markets, UK
Financial Systems Accountant

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Financial Systems Accountant
At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.
At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.
Financial Systems Accountant
We are looking to employ a Financial Systems Accountant to be based in the Manchester or Birkenhead Office on a full time basis. We offer hybrid working with 2-3 days per week in the office.
The Finance Systems Team is responsible for leading and optimising the finance systems landscape and expense close process. This role ensures accurate, efficient, and well-controlled financial reporting and processes through system enhancements, process standardisation, and continuous improvement.
Responsibilities
Finance system maintenance, business process improvement, development, and training (Global Template modules AP/AR, Cost Controlling and FI, FI-AA, Concur, Coupa, GRIPA): Understanding and troubleshoots ERP system issues and data issues. Hands-on experience with SAP, Coupa, Business objects, Concur, Power Query, Power automate and Power BI Analyse and improve financial processes to increase efficiency and accuracy using automation tools available. Exploring of system capabilities to increase quality and efficiency of existing processes. Implements and manages, system-based data quality checks and controls to ensure data consistency. Ability to map out business end to end processes and identify efficiencies. Ability to identify system functionality bugs and raise change requests as needed. Recommend and implement standardisation and automation of processes within the financial system framework. System training for users Finance expense close process and Master data maintenance: Planning and completing quarter-end and year end close process activities within strict deadlines with accuracy and diligent controls, retaining overall oversight. The cost data quality assurance process, including cost centre structures & allocations and effectively managing all expense systems and ensure changes match the pace of the business. Managing the accruals/prepayment & recharging process ensuring all costs are accurately recorded & reconciled for the applicable entities as well as supporting the relevant GL accounts. Be aware and knowledgeable of key assumptions & decisions inherent in the expense process. Support annual audit process
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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General Responsibility
Ensure all processes are documented effectively using standard templates, detailing areas of financial judgement. Ensure compliance with accounting standards (i.e IFRS / FRS 102) and internal controls. Stake holder engagement across Finance and various internal teams to ensure inputs and outputs are delivered in a timely manner, ensuring any changes and issues are carefully understood, coordinated and managed. Critically appraise all processes and assumptions on an ongoing basis with a ‘continual improvement outlook’ and proactively engage with relevant stakeholders to improve where opportunity exists. Collaborate with various business units to integrate Concur, Coupa, and other operational systems seamlessly. Communicate project progress and deliverables to stakeholders.
Knowledge And Skills
Able to effectively interact with senior stakeholders in the business. Excellent time management. Strong knowledge of accounting standards (i.e. IFRS and FRS treatment) Experience of ERP systems ( i.e SAP, Oracle) Ability to use consolidation and data reporting tools (i.e Data warehouse, Power BI) Understanding of Financial control and BAU operational processes Good analytical and critical thinking skills.
Education And Professional Qualifications Preferred
Qualified or part qualified accountant - ACCA/CIMA University degree or similar
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!


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Diversity, Equity & Inclusion
At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs.
Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
Learning and innovating today, striving for sustainable societies and business tomorrow
At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.
Benefits
25 days Annual Leave + bank holidays 10% Non-contributory Pension Eligibility for an Annual Bonus Private Medical + Dental Insurance Critical illness insurance + Life Assurance + Permanent Health Insurance Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility) Electric Vehicle Salary Sacrifice Scheme Study & continuing Professional Development Support Hybrid Working + IT Home Set-up Support
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