Assistant Group Financial Accountant
Open GI
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Benefits offered by this job
Job summary
Open GI is seeking an Assistant Group Financial Accountant to support the Group Accounting Manager with timely financial reporting, statutory and regulatory submissions across the Group. You will help prepare journals, reconciliations and schedules, aiding consolidation and tax processes, with exposure to private equity and treasury tasks.
The role covers VAT, corporation tax compliance and regulatory reporting, along with improving reporting schedules and providing ad hoc analyses to strengthen
Qualifications
- Qualified/part qualified / studying towards an accounting qualification (ACA/ACCA/CIMA).
- AAT qualified, part qualified or equivalent finance experience would be considered.
- Degree in Accounting, Finance or a related subject would be desirable but not essential.
Responsibilities
- Support the monthly group reporting process by preparing journals, reconciliations and supporting schedules.
- Prepare information used in the monthly group consolidation process.
- Assist with intercompany reconciliations and investigate differences between Group entities.
- Assist with the preparation of monthly reporting packs and supporting analysis.
- Support the review of financial results by investigating variances and unusual movements.
Skills
Education
Tools
Job description
It is our vision to connect the insurance community through market-leading technology. Our people are placed at the heart of this, and diversity, equity and inclusion are central to everything we do.
We know the key to achieving success is to enable a positive, inclusive, and collaborative working culture, and, as part of our commitment, we have signed up for a number of pledges and programmes designed to support and nurture our people.
No matter where you sit or which team you are a part of, we want you to know that you contribute in helping us to shape where the company will be in the future. We would love for each employee to be able to talk with pride about our company and, most importantly, consider Open GI to be an inclusive, fun and fulfilling place to work.
The Assistant Group Financial Accountant provides support to the Group Accounting Manager in the delivery of accurate and timely group financial reporting, statutory accounts, tax and regulatory reporting across the Group. The role involves preparing financial information, maintaining key reporting schedules, and supporting the group consolidation and statutory reporting processes across the Group’s legal entities. The position also provides exposure to private equity reporting, treasury activities, VAT and corporation tax compliance, and regulatory reporting.
- Support the monthly group reporting process by preparing journals, reconciliations and supporting schedules.
- Prepare information used in the monthly group consolidation process.
- Assist with intercompany reconciliations and investigate differences between Group entities.
- Assist with the preparation of monthly reporting packs and supporting analysis.
- Support the review of financial results by investigating variances and unusual movements.
- Assist with the preparation of monthly management accounts for Group companies.
- Prepare balance sheet reconciliations and investigate outstanding items.
- Post routine month-end journals, including accruals, prepayments and other accounting adjustments.
- Maintain fixed asset registers and ensure records are kept up to date.
- Assist with foreign currency reconciliations and month-end adjustments.
- Assist with the preparation of statutory accounts for Group entities.
- Prepare supporting schedules, reconciliations and financial information required for year-end reporting.
- Support the external audit process by providing requested information and documentation.
Assist with maintaining and updating key reporting schedules, including:
- Revenue recognition
- Lease accounting
- Loan and interest schedules
- Intercompany reconciliations
- Other schedules required for group reporting and financial disclosures
- Assist with investor reporting submissions.
- Support cash reporting and bank covenant reporting requirements.
- Assist with the preparation of Group VAT returns and supporting reconciliations.
- Gather information and prepare supporting schedules for corporation tax compliance.
- Support the preparation of R&D tax credit information
- Assist with the preparation of information required for FCA regulatory reporting.
- Maintain supporting documentation for regulatory submissions.
- Complete ONS surveys and other finance-related reporting requirements as needed.
- Support improvements to financial reporting processes and documentation.
- Assist in maintaining accurate and efficient reporting schedules and working papers.
- Provide ad hoc financial analysis and support to the Group Accounting Manager where required.
- Qualified/part qualified / studying towards an accounting qualification (ACA/ACCA/CIMA
- AAT qualified, part qualified or equivalent finance experience would be considered
- Degree in Accounting, Finance or a related subject would be desirable but not essential
- Previous experience working within a finance or accounting environment.
- Good understanding of basic accounting principles and month-end processes.
- Experience preparing account reconciliations and supporting schedules.
- Exposure to management accounts and financial reporting would be advantageous.
- Experience supporting statutory accounts preparation and external audits would be beneficial.
- Experience working with multiple entities, intercompany reconciliations or group reporting would be desirable but not essential.
- Comfortable using financial systems and Microsoft Excel to analyse and manage financial information.
- Strong attention to detail with a methodical approach to work
- Good analytical skills and the ability to investigate and resolve issues
- Good communication skills with the ability to build effective working relationships
- Proactive approach with a willingness to learn and develop
- Ability to manage workload, prioritise tasks and meet deadlines
- Positive attitude with an interest in improving processes and ways of working
It is our mission to be both the Technology Partner and Employer of Choice to the UK General Insurance market. Our people are placed at the heart of this and diversity, equality and inclusion are central to everything we do.
- Accountability:We own our actions and shape our success on the results we deliver
- Innovation:We tackle challenges with fresh thinking and bold ideas
- Teamwork:We work together, recognising we can’t do this without each other
- Trust:We build trust on integrity, transparency and mutual respect
We are looking for an individual who embraces our values in their actions, decisions, communications and processes to inspire positivity and, ultimately, exceptional performance.
- Competitive salary dependent on skills and experience
- Company pension
- Bonus opportunity
- Life assurance and critical illness cover
- Cycle to work scheme
- Perkbox – an exclusive platform offering a wide range of discounts and benefits
- Holiday entitlement of 25 days per annum, increasing to 26 days per annum after three years of service & a holiday purchase scheme
- Opportunity for a more flexible approach to start, finish, and lunchtimes to allow you to better manage events outside of work
- Inclusive Bank Holiday policy giving you the option to swap days that are important to you for cultural or religious reasons
- Social clubs - whether you’re into your cycling, crafts, or other hobbies, we have a number of groups at Open GI where individuals who enjoy the same pursuits can get together
- Wellbeing – wills at work scheme, employee assistance programme and mental health first aiders
Please note,this is ahybrid positionrequiringin-office attendance at either our Worcester location for a minimum of 2 days per week.
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