Group Reporting Accountant

The Fidelis Partnership; London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading insurance intermediary in London seeks a Group Reporting Accountant to support financial operations and compliance. This role includes preparing management accounts, tax reporting, and collaborating with external advisors. The successful candidate will engage in professional development and contribute to internal controls and documentation improvements.

Qualifications

• 1-3 years of post-qualification experience, preferably in insurance/reinsurance.
• Solid knowledge and experience in US GAAP and UK GAAP.
• Willingness to work flexible hours including weekends if necessary.

Responsibilities

• Assist in preparing management accounts, KPIs, and financial supplements.
• Collaborate with external advisors for VAT and CT entity returns.
• Manage component entities audit and liaise with audit teams.

Skills

Financial Reporting

Analytical Skills

Organizational Skills

Collaboration

Education

Professional accounting qualification (ACA, ACCA, CIMA, or equivalent)

Tools

Aqila

Sharperlight

Anaplan

WDesk

Microsoft Suite

Job description

About Us: The Fidelis Partnership is a leading specialty, bespoke, and (re)insurance intermediary with a 40-year track record of outperformance. Established in 2015, Fidelis has experienced rapid growth, with gross premiums written in 2024 totalling $4.4 billion. The Fidelis Partnership currently operates from offices in London, Bermuda, Dublin, Brussels and Abu Dhabi. The Fidelis Partnership comprises 25 legal entities including three insurance intermediaries, including Pine Walk Capital, an MGA incubator, with 14 MGA subsidiaries.

Job Description:

Role Overview: As a Group Reporting Accountant within the Group Reporting team, your primary responsibility will be to support the Deputy Group Reporting Manager in ensuring the accuracy, compliance, and efficiency of financial operations. The Group Reporting team is responsible for investor reporting, management reporting, board reporting, tax reporting, and audit engagements.

Professional Development: As a Group Reporting Accountant, you will be expected to contribute to professional qualification maintenance through CPD qualifying workshops, seminars, or courses. Additionally, industry-specific training, compliance training, technology and software training, and leadership development are encouraged.

Duties and Responsibilities:

• Financial Reporting:
  • Assist in preparing monthly and quarterly management accounts, KPIs, and financial supplements for the Fidelis Partnership Group of Companies.
  • Support in generating monthly consolidation, collaborating with other finance teams and IT when necessary.
  • Aid in recording monthly accounting entries for Pine Walk MGAs, incorporating consolidation adjustments, minority interest calculations, and annual VIE assessments.
  • Assist and oversight of the production of the Group and component entities’ financial statements under US GAAP and UK GAAP frameworks.
  • Support financial reporting and consolidation automation
• Tax Compliance and Coordination:
  • Collaborate with External advisors to prepare VAT and CT entity returns.
  • Ensure timely compliance with reporting deadlines by monitoring the monthly reporting timetable.
• Accounting Expertise:
  • Assist in drafting accounting papers supporting financial statement preparation.
  • Aid in interpreting new accounting standards and summarizing their impact on the Group.
  • Assist in the preparation and posting of specified transactions, including share-based payments.
• Financial Oversight:
  • Support in owning historical financial numbers, providing input and support to other teams as needed.
  • Assist in overseeing and reviewing the preparation of benchmarking financial performance against peer groups.
• Audit Collaboration:
  • Manage component entities audit, liaise with internal and external audit teams, providing requested information and responding to queries.
  • Ensure the operation of financial reporting controls and actively support the audit processes.
• Internal Controls and Documentation:
  • Maintain and enhance internal controls and procedures documentation.
  • Support the continuous improvement of the financial reporting BAU processes
• Communication and Project Management:
  • Keep the Group Financial Controller, Head of Group Reporting and Deputy Group Reporting Manager informed of project statuses and relevant accounting-related issues.
  • Undertake ad hoc projects as required.

Minimum Qualifications, Skills & Experience:

• • Professional accounting qualification (ACA, ACCA, CIMA, or equivalent).
  • 1-3 years of post-qualification experience, preferably in insurance/reinsurance.
  • Solid knowledge and experience in US GAAP and UK GAAP for insurance intermediary accounting.
  • Proficiency in accounting and reporting software e.g. Aqila, Sharperlight, Anaplan.
  • Familiarity with WDesk is preferred.
  • Strong proficiency in the Microsoft Suite of applications.
  • Advanced financial, analytical, and organizational skills.
  • Effective collaboration within the finance team and cross-functional stakeholders.
  • Willingness and ability to work flexible hours, including weekends when necessary.