Finance Associate

Charles Taylor; Portsmouth; Hybrid; GBP 27,000 - 35,000; Full time

Job summary

A leading global provider in professional services and technology solutions is looking for a Finance Associate in Portsmouth. The successful candidate will be responsible for managing client funds, preparing management accounts, and ensuring accuracy in financial reporting. This hybrid role allows for flexible working, with one day expected in the office and the rest work-from-home.

Benefits

Continuous learning and development opportunities

Study support for professional qualifications

Positive work environment

Social and sporting activities

Qualifications

• Experience in a finance or accounting role required.
• Strong understanding of basic accounting principles.
• Ability to work independently and collaboratively.

Responsibilities

• Manage client funds and ensure timely allocation and reconciliation of payments.
• Prepare and assist in the production of monthly management accounts.
• Perform monthly bank reconciliations and investigate discrepancies.

Skills

Attention to detail

Proactive approach

Organisational skills

Communication skills

Education

AAT qualified or graduate in Finance

Tools

Microsoft Excel

Sage

Xero

QuickBooks

Job description

Role Purpose

The Finance Associate proactively delivers accurate and timely financial information to key stakeholders including the Business Unit Finance Business Partner. This role holder manages client funds, performing key reconciliations, contributing to the preparation of monthly management accounts, and ensuring the accuracy of revenue recognition processes.

Key Relationships

Finance Business Partner, Finance team members, Finance Director, Business Unit Chief Executive.

Hybrid Working

The role will require presence of one day per week in the office and rest can be worked from home. The successful candidate will also need to travel to London (once per month) to meet and catchup with the business teams.

Key Responsibilities

• Manage client funds and ensure timely allocation and reconciliation of payments
• Raise monthly sales invoices in line with contractual terms and revenue schedules
• Run and review monthly debtors’ reports, following up on outstanding balances as needed
• Prepare and assist in the production of monthly management accounts
• Perform monthly bank reconciliations and investigate any discrepancies
• Manage and reconcile intercompany transactions across group entities
• Maintain and manage accrued income schedules, ensuring revenue is accurately recorded
• Review and validate monthly fee revenue to ensure completeness and correctness
• Assist with general finance administration, including document filing and ledger maintenance
• Provide ad hoc financial support to the wider finance team as required

Required Skills and Experience

Essential

• Exceptional attention detail
• Proactive approach to the prioritisation and execution of deliverables
• AAT qualified or graduate in Finance, Accounting, or other related discipline.
• Previous experience in a finance or accounting role
• Strong understanding of basic accounting principles, especially around revenue and accruals
• Proficient in Microsoft Excel and accounting software (e.g., Sage, Xero, QuickBooks, or ERP systems)
• Excellent attention to detail and high levels of accuracy
• Strong organisational and time management skills
• Ability to work independently and collaboratively within a team
• Good communication skills and ability to liaise with both internal and external stakeholders

Desirable

• Experience in managing intercompany transactions
• Exposure to revenue recognition principles (e.g., IFRS 15)
• Experience working in a multi-entity or group structure

Company background

Charles Taylor is a global provider of professional services and technology solutions dedicated to enabling the global insurance market to do its business fundamentally better. Dating back to 1884, Charles Taylor now is currently in more than 120 locations spread across 30 countries in Europe, the Americas, Asia Pacific, the Middle East and Africa.

Charles Taylor believes that it holds a distinctive position in its markets in that it is able to provide professional services and technology solutions in order to support every stage of the insurance lifecycle and every aspect of the insurance operating model. Charles Taylor serves a diversified blue-chip international customer base that includes national and international insurance companies, mutuals, captives, MGAs, Lloyd's syndicates and reinsurers, along with brokers, distributors and corporate insureds.

Charles Taylor has three distinct business areas – Claims Services, InsureTech and Insurance Management.

Charles Taylor was recently acquired by an investment company managed and controlled by Lovell Minnick Partners LLC. Lovell Minnick is a US Private Equity firm that invests in the global financial services industry, including related technology and business services companies, with a focus on helping to build long term value for clients, employees and shareholders. The acquisition will support the continuation of Charles Taylor's successful growth strategy, with a focus on expanding client relationships, broadening specialist capabilities and the range of services and technology solutions, deepening geographic coverage, and reinvesting in quality of service and technology.

For more information, please visitwww.charlestaylor.com

Why join Charles Taylor?

We are very proud of the fact that nine out of ten of our people recommend Charles Taylor as a place to work. We pride ourselves on having a positive work environment where our people are empowered to make the best decisions and where learning is valued highly and shared across our business.

We are very committed to ensuring our people are given continuous learning and development.As well as structured induction programmes and job training, we provide study support for relevant professional qualifications and have a Core Learning & Development Curriculum.

Charles Taylor is a fun and inclusive place to work where people are truly valued and encouraged to enjoy a host of social and sporting activities available.

Equal Opportunity Employer

Here at Charles Taylor, we are proud to be an Inclusive Employer. We provide an environment of mutual respect with zero tolerance to discrimination of any kind regardless of age, disability, gender identity, marital/ family status, race, religion, sex or sexual orientation.

Our external partnerships and the dedicated work we do in promoting a transparent and fair recruitment and selection process all contribute to the successful, inclusive and diverse culture and environment which we are proud to be a part of at Charles Taylor.