Senior Accountant

Munich Re; Liverpool City Region; On-site; GBP 45,000 - 65,000; Full time

Job summary

Munich Re is seeking a Senior Accountant for Financial Reporting to ensure the accuracy and compliance of financial reporting within the insurance sector. The role entails managing financial processes, mentoring a small team, and engaging with stakeholders to drive continuous improvement in financial operations. Ideal candidates should hold a qualification as an accountant and possess strong analytical skills, with experience in the insurance or engineering sectors.

Benefits

Aviva Digital GP

Employer Pension contribution of 13%

Annual bonus

25 days annual leave (plus bank holidays)

Qualifications

• Self-motivated with strong analytical skills.
• Qualified Accountant with experience in insurance/engineering industries.
• Excellent interpersonal skills for stakeholder management.

Responsibilities

• Accountable for month-end and quarter-end financial processes.
• Manage small teams and mentor junior staff.
• Provide financial support for cross-functional projects.

Skills

Self-motivated

Strong analytical and investigative skills

Interpersonal and stakeholder management skills

Experience in Insurance and/or Engineering

Education

Qualified Accountant (passed finalist) – CIMA, ACA, ACCA

Job description

Company
HSB
Location
Manchester, United Kingdom

Role: Senior Accountant – Financial Reporting

Location: Manchester / Birkenhead (2 days per week in the office)

Permanent

Job Purpose:

The focus of the Senior Accountant role is to assist in the preparation and reporting of high-quality financial information, including undertaking and being accountable for various key financial processes.

Additionally, the role holder will support and drive continuous improvement initiatives, including automation, in addition to enhancing the control environment.

Key Responsibilities:

• Potential management of a small team to lead, develop and mentor.
• Contribution to the month and quarter close process in line with company policies and timetables.
• Create and maintain relationships with various stakeholders.
• Ownership of key month end and quarter end deliverables, for example a subset of the tasks below depending on the team:
  • Monthly affiliate pack submitted to HSB IIC, including cash flow.
  • Quarterly reporting to Munich Re (incl. IFRS17).
  • Oversight of balance sheets, ensuring understanding and control of balances.
  • Investment reporting, working alongside investment managers and oversight of cash management.
  • Tax balances, including calculating and posting of corporation tax estimates, and completion of Insurance Premium Tax and VAT returns.
  • Working cross-function to set IBNR reserves and manage reinsurance recoveries/treaty costs.
  • Solvency II reporting.
  • Annual statutory accounts
  • Production of insightful financial analysis, including expense analysis and supporting the planning and forecasting process.
• Provide financial support and respond to ad-hoc requests from key stakeholders across the HSB and Munich Re group.
• Represent finance on carious current and future projects relation to both the team and wider business.
• Adhering to robust and compliant accounting processes to ensure accurate reporting of both P&L and Balance sheet.
• Commitment to personal development in order to meet both current and future requirements of the business.

Key Skills & Experience:

• Self-motivated
• Strong analytical and investigative skills
• Identification and drive of continuous improvement activities
• Excellent interpersonal and stakeholder management skills
• Experience of working within the Insurance and/or Engineering industry.

Additional Skills & Responsibilities:

• Interacting with people: Establishing relationships with various teams across the business.
• Initiative: Innovative approach to problem solving, anticipating opportunities and the ability to question/challenge existing methods and approaches.
• Attention to detail: Applying high quality standards to all tasks undertaken.
• The ability to communicate effectively at all levels, both verbally and written.
• Ability and willingness to work flexibly and across locations, where deadlines require, within the Company’s required operating hours.

Qualifications & Educations Requirements:

• Qualified Accountant (passed finalist) – CIMA, ACA, ACCA

A snapshot of some of our benefits:

• Aviva Digital GP
• Employer Pension contribution of 13%
• Annual bonus
• 25 days annual leave (plus bank holidays)

At HSB Group (including Premier Gurantee), Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.