Transformation Finance Accountant

The Lancashire Group; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading financial services firm in London is seeking a Transformation Finance Accountant. The role is crucial in leading finance transformation initiatives and requires a qualified accountant with an analytical mindset, ideally from an insurance background. Responsibilities include project management, stakeholder communication, and process documentation. This position offers a full-time, permanent contract and values collaboration, integrity, and a positive culture.

Qualifications

• Qualified accountant with experience in the insurance/reinsurance environment preferred.
• Strong analytical and problem-solving skills to interpret complex financial data.
• Excellent organization and time management skills.

Responsibilities

• Support strategic planning of the Finance transformation roadmap.
• Lead finance transformation initiatives ensuring completion on time and budget.
• Conduct requirements gathering and business process documentation.

Skills

Analytical skills

Problem-solving skills

Team player

Project management

Attention to detail

Education

Qualified accountant (ACCA/ACA/CIMA)

Tools

Great Plains General Ledger

Power BI

SQL

Microsoft Excel

Microsoft Word

Job description

Transformation Finance Accountant

Department: Finance

Employment Type: Permanent - Full Time

Location: London

Description

Purpose

The primary purpose of this role is to support the Head of Finance Projects to initiate, develop, test, manage and deploy finance transformation initiatives in response to ongoing finance change and continuous improvement projects.

This role will suit an individual from an insurance accounting background that has an interest in developing a career in finance transformation and change management. The role will involve project management and business analysis.

Specific Responsibilities

• Support the Head of Finance Projects in the strategic planning of the Finance transformation roadmap and the prioritisation and management of all aspects of Finance projects and improvement initiatives.
• Lead finance transformation initiatives, ensuring they are completed on time, within scope and within budget.
• Lead finance transformation workshops and meetings identifying follow up actions and assigning responsibility for completing tasks within agreed timeframes.
• Act as a business analyst, assist in requirements gathering, documentation of business processes and the communication with key stakeholders impacted by finance change initiatives.
• Analyse and document the current state finance processes, establish the future state finance processes, identify areas for improvement and the actions required to achieve the desired future state outcome.
• Design solutions, plan and perform user acceptance testing and document the results. Investigate and resolve any issues identified and communicate with key stakeholders.
• Develop a strong understanding of the finance IT systems and the business rules engine configuration. Work alongside the IT SQL database developers and the Change team to implement changes to the finance business rules engine while applying the Lancashire change governance framework.
• Support the implementation of projects and the eventual handover of finance changes to BAU, including training finance team members on new processes and systems.
• Communicate with all areas of the business, and manage stakeholders effectively, at all levels while co-ordinating activities between different departments.
• Provide clear, focused, relevant and timely written and verbal status updates to the Head of Finance Projects with the investigation and articulation of proposed solutions to any issues identified.
• Focus on standardising finance processes, controls, reporting and reconciliations across the Company and Syndicate platforms.
• Ensure project risks and issues are managed and documented; recommend the appropriate risk evaluation procedures.

Essential Skills & Requirements

• Qualified accountant (ACCA/ACA/CIMA);
• Experience gained in the insurance/reinsurance environment preferred;
• Strong analytical and problem-solving skills with the ability to interpret complex financial data;
• Project management experience preferred with a track record of managing finance projects;
• Ability to work independently and effectively communicate technical information to stakeholders;
• Willingness to undertake ongoing project management training and accreditation;
• Experience with Great Plains General Ledger, Power BI, AI tools and SQL would be beneficial;
• Proficient with the Microsoft Office Suite of application, in particular Excel and Word;
• A team player and creative problem solver;
• Ability and willingness to work flexibly to meet business needs including extended hours if required;
• Strong attention to detail with excellent organisation and time management skills.

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

Straight-talking

We feel empowered to share thoughts and ideas, because everyone’s voice matters.

Collaborative

We work together towards common goals, share knowledge and support each other.

Hard-working

We all have a stake in the company’s success and are proactive in contributing to our goals and vision.

Responsible

We focus on achieving tangible results with consistent standards across the Group.

Positive

We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.