Assistant Financial Accountant

Faraday; City Of London; On-site; GBP 35,000 - 45,000; Full time

Job summary

A global reinsurance company based in London is looking for an Assistant Financial Accountant. The successful candidate will assist in expense reporting, financial data preparation, and management reporting while ensuring timely completion and accuracy. The ideal applicant will be AAT qualified or have passed CIMA/ACCA stage 1, with a strong attention to detail, organizational skills, and proficiency in Excel. This position promises a professional working environment and performance-based remuneration.

Benefits

Professional working environment

Flat management hierarchy

Performance-based remuneration

Qualifications

• AAT qualified or relevant experience in an accounting role.
• Ability to manipulate data with accuracy.
• Good understanding of accruals and prepayments.

Responsibilities

• Assist in expense reporting and financial data preparation.
• Extract and analyze data from source systems.
• Maintain control checks for accuracy in reporting.

Skills

Analytical skills

Organizational skills

Communication skills

Attention to detail

Education

AAT qualification or CIMA/ACCA stage 1

Tools

SAP

Microsoft Office (Excel)

Job description

Shape Your Future With Us

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies.

Gen Re UK has an excellent opportunity for an Assistant Financial Accountant based in London. The Finance team is one of Gen Re global teams which support all the Gen Re companies in London, including Faraday.

Main Purpose of the Role

Working as an integral part of the London Finance Team the role will initially focus on expense reporting and will develop to include assistance with the timely and accurate preparation of management reporting and reporting across the Gen Re group companies in London (this includes Gen Re London Reinsurance branches, Faraday Lloyds Syndicate and it’s associated companies and other group insurance companies managed by the Finance team).

Key Responsibilities

• To assist in the preparation of a wide range of information and reporting completed by the London Finance team including prepayments and accruals schedules.
• To extract data from source systems, applying appropriate adjustments transparently and providing outputs and analysis to support the submission of Information.
• To maintain and develop control checks to ensure workings are consistent and accurate with underlying data.
• To make and recommend process changes and streamline the production of information.
• Recording and inputting financial data in SAP (GL Package).
• To ensure all information and returns are prepared in a timely manner and complete for review.
• To remain up to date with changes in reporting regimes and assist the implementation of such changes.
• To liaise with both internal and external clients including assisting the external audit team with questions as and when they arise.
• To maintain procedures manuals for areas of focus.
• To prepare ad-hoc additional returns as and when required and involvement in ad hoc projects where necessary.

Qualifications & Experience

• The ideal candidate will be AAT qualified or passed their CIMA/ACCA stage 1 with the relevant experience in an accounting role to support this. For this role you are committed to starting or continuing your ACCA/CIMA qualification.
• Strong analytical skills with the ability to manipulate data whilst paying particular attention to detail and accuracy.
• Must be highly organized with the ability to handle multiple priorities and operate various applications in order to meet tight deadlines.
• Good understanding of Accruals and Prepayments and how they are calculated.
• Knowledge of the preparation of VAT returns.
• Good written and verbal communication skills.Ability to work in a team environment. Be easy to approach and able to convey information, ideas and viewpoints in an appropriate manner.Self-motivated and a willing to learn.Advanced knowledge of Microsoft Office (Excel in particular).

  We Offer You

  • Highly professional working environment that values excellence, integrity, personal responsibility and diversity.
  • Flat management hierarchy and team-based environment that promotes collaboration and free-flowing communication.
  • Performance-based remuneration package commensurate with experience and qualifications.

  Closing Date

  15 January 2026

  Please note, only successful applicants will be contacted.

  Our Address

  General Reinsurance, London Branch
  Corn Exchange
  55 Mark Lane
  London, EC3R 7NE (UK)

  It is the continuing policy of the Gen Re Group to afford Equal Opportunity to qualified individuals without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or citizenship, sexual orientation, gender identity, or any characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.