Financial Accountant - Insurance

Hays PLC; London; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

Join a forward-thinking global Lloyds insurance broker as a Financial Accountant in the vibrant City of London. This role offers a unique opportunity to contribute to a finance team with over 50 years of industry experience. You will be responsible for producing essential management accounting reports, preparing month-end journals, and ensuring compliance with regulatory changes. The company values work-life balance, offering hybrid working options and a supportive team environment. If you're an experienced financial accountant with a passion for the insurance sector, this is the perfect chance to advance your career in a dynamic organization.

Benefits

Work from Home Options

Supportive Team Environment

Training and Development Opportunities

Competitive Daily Rate

Qualifications

• 5+ years experience in finance, especially in insurance.
• Proficient in Microsoft Excel and accounting software.

Responsibilities

• Produce monthly management accounting and reporting for business units.
• Prepare month-end journals and balance sheet reconciliations.
• Assist with VAT and tax returns, including for overseas branches.

Skills

Financial Accounting

Attention to Detail

Organizational Skills

Microsoft Excel

Tools

Accounting Software

Job description

Financial Accountant / Insurance / Hybrid / City of London / Temp to Perm / £40k - £50k

Your new company

You will be joining a global Lloyds insurance broker in the City of London who have been established in the world of insurance for over 50 years. They are looking for an experienced financial accountant who has prior knowledge of working for an insurance finance team. You will be joining a finance team of 18 reporting to the finance director. This role is a temporary to permanent vacancy.

Your new role

1. Production of monthly management accounting and reporting information to a strict timetable for business units within the Group.
2. Production of general ledgers journals, including international payrolls.
3. Monthly revenue reporting, to include posting and reconciliation of technical ledgers.
4. Preparation of month-end journals, including intercompany and recurring charges.
5. Ownership and preparation of balance sheet account reconciliations, including investigation and resolution of identified issues/concerns.
6. Assist with the production of information and data for VAT and tax returns, including those for any overseas companies and branches.
7. Continual development of reporting solutions.
8. Ad-hoc management reporting and financial analysis.
9. Keep updated with all regulatory and legal changes.
10. Ensure that records are maintained at all times on the company's systems.
11. Respond appropriately and accurately to urgent issues as they arise.
12. Create new processes and procedures relevant to the job role to ensure documents are current and accurate.

What you'll need to succeed

1. 5+ years experience working within a finance function.
2. Experience working with an insurance company is compulsory.
3. Proficient in Microsoft Excel and other accounting software.
4. Strong attention to detail and organisational skills.
5. To be immediately available or 1 week's notice.

What you'll get in return

In return, you will receive a competitive daily rate. You will be joining a growing organisation. You will be part of a friendly, close-knit team who will be on hand to support your training, onboarding, learning and development from day one. You will have the chance to work from home on an ad-hoc basis in order to promote a fair work-life balance. When you are based in their City of London office, you will be located in a fantastic area of the capital, close to multiple transport links.

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.