Financial Accountant

Zego; City Of London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading insurance technology company in London is seeking a skilled Financial Accountant. This role involves managing financial operations, posting journal entries, and ensuring compliance with regulations. Ideal candidates are part or fully qualified accountants with strong accounting experience and the ability to thrive in a fast-paced environment. The company offers competitive benefits, including a market salary and medical insurance.

Benefits

Private medical insurance

Company share options

Generous holiday allowance

Qualifications

• Experience in fast-paced changing environment.
• Proven ability to manage multiple assignments.
• Experience with insurance accounting is advantageous.

Responsibilities

• Post monthly journal entries in multiple currencies.
• Prepare insurance-related reconciliations.
• Assist with regulatory compliance and audits.
• Liaising with the business for finance queries.

Skills

Accounting experience

Multi-currency management

Regulatory compliance

Strong analytical skills

Education

Part or fully qualified Accountant (ACA, ACCA, CIMA)

Tools

NetSuite

Job description

About Zego

At Zego, we know that traditional motor insurance holds good drivers back. It's too complicated, too expensive, and it doesn't take into account how well you actually drive. That's why, since 2016, we've been on a mission to change all of that. Our mission at Zego is to offer the lowest priced insurance for good drivers.

From van drivers and gig workers to everyday car drivers, our customers are our driving force - they're at the heart of everything we do. We've sold tens of millions of policies so far, and raised over $200 million in funding. And we're only just getting started.

Purpose of the role

We are seeking a highly skilled Financial Accountant to join our dynamic team at Zego. In this role, you'll be a cornerstone in maintaining the integrity, accuracy, and efficiency of our financial operations. You'll collaborate with key stakeholders across departments to deliver insightful financial analysis, translating complex data into actionable strategies that drive impactful decisions. This is an opportunity to make a tangible difference, influencing our path forward and contributing to our ongoing success.

What you will be doing

• Responsible for posting monthly journal entries in multiple currencies and intercompany recharges and payroll entries into NetSuite.
• Multi-currency bank reconciliations (Client Accounts and Operational Accounts).
• Assist and support the finance team with the monthly accounts (P&L, Balance Sheet and cashflow).
• Prepare insurance-related reconciliations, including the maintenance and reconciliation of Insurance Broking Accounts (IBA) ledgers. This will involve ensuring accuracy and compliance in client and insurer balances.
• Assist in client money calculations, ensuring adherence to FCA CASS 5 rules, with a focus on safeguarding client funds and maintaining regulatory compliance.
• Monitor and reconcile accounts to provide clear and accurate reporting on client money positions and insurer balances.
• Assisting with the preparation of a monthly finance reporting pack and annual statutory accounts.
• Liaising with other areas of the business to resolve any ad-hoc finance queries that may arise.
• Assisting with monthly and quarterly balance sheet reconciliations and annual audit and regulatory requirements.
• Resolving any queries on bank receipts and payments and preparing payment runs across multiple provider and multiple currency bank accounts.

What you will need to be successful

• Part or fully qualified Accountant (ACA, ACCA, CIMA).
• Proven ability to work independently, manage numerous assignments concurrently and thrive in a fast paced changing environment.
• Strong all-round experience in accounting tasks.
• Experience in dealing with numerous ledgers and in multiple currencies.
• Experience with NetSuite is an advantage.
• You\'ll be a go getter and thrive in a fast paced changing environment.
• Ideally you\'ll have experience in working in a startup environment.
• Insurance experience would be advantageous.

What it\'s like to work at Zego

Joining Zego is a career-defining move. People go further here, reaching their full potential to achieve extraordinary things. We\'re spread throughout the UK and Europe, and united by our drive to get things done. We\'re proud of our company and our culture - a friendly and inclusive space where we can lift each other up and celebrate our wins every day.

Together, we\'re setting the bar higher, delivering exceptional work that makes a difference. Our people are the most important part of our story, and everyone here plays a role. There\'s loads of room to learn and grow, and you\'ll get the freedom to steer your career wherever you want.

You'll work alongside a talented group who embrace each other's differences and aren't afraid of a challenge. We recognise our achievements, learn from our mistakes, and help each other to be the best we can be. Together, we're making insurance matter.

How we work

We believe that teams work better when they have time to collaborate and space to get things done. We call it Zego Hybrid. We ask you to spend at least one day a week in our central London office. We think it's a good mix of collaborative face time and flexible home-working, setting us up to achieve the right balance between work and life.

Our approach to AI

We believe in the power of AI to meaningfully improve how we work - helping us move faster, think differently, and focus on what matters most. At Zego, we encourage people to stay curious and intentional about how AI is leveraged in their work and teams to drive practical impact every day. This is your chance to do the most meaningful work of your career - and we'll provide you with the tools, support, and freedom to do it well.

Benefits

We reward our people well. Join us and you'll get a market-competitive salary, private medical insurance, company share options, generous holiday allowance, and a whole lot of wellbeing benefits. And that's just for starters. We also cover the costs for all company-wide events (3 per year), and also provide a separate hybrid contribution to help pay towards other travel costs.

We're an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, or disability status.