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Role Summary and Purpose
Reporting to the Finance Manager and assisting the wider finance team, this is an exciting opportunity for the right candidate who is currently or has a desire to study for an accounting qualification to join a growing US owned UK business with operations across multiple platforms including UK and Irish Insurance Companies, Lloyd’s Syndicates and a large UK regional branch network.
The role will offer the right candidate a wide range of responsibilities and exposure across the finance function and the wider business.
Location for the role will be a hybrid between home working and the London office.
Key Tasks and Responsibilities
1. Preparation of journals and balance sheet reconciliations under both US GAAP and UK GAAP.
2. Assist the team with various month and quarter end close processes.
3. Assist with preparation of financial statements and assisting with audit queries.
4. Own the Irish entity branches co-insurance financial process, involving reconciling fiduciary assets
5. and liability ledgers and liaising with the Underwriting Assistants to ensure this process is efficient.
6. Assist with process improvements across the finance division using automation.
7. Documentation of key finance processes and controls.
8. Providing support to the Finance Managers and Financial Accountants.
9. All responsibilities will cover aspects of work across multiple entities including the UK and Irish Insurance Companies, MGAs as well as service/holding companies and the Lloyds syndicates.
10. Ensure that all Governance and Compliance requirements are considered from a finance perspective, including SOX controls relating to the operations of the business.
Role Requirements and Skills
11. Demonstrates good accounting skills
12. Good attention to detail
13. Strong communication skills
14. Demonstrates good problem-solving skills
15. A proactive and strong team player with the ability to be “hands on” and adaptable to changes
16. High competence in Excel
17. Demonstrates strong working knowledge of financial accounting systems preferable Workday but not essential.
Qualifications
18. Studying/Part Qualified CIMA/ACCA/ACA
Experience
19. 1-2 years’ experience in a similar role
20. Degree in accounting or similar subject
21. Experience with Insurance companies is desirable, but not essential
22. Preferably previous financial reporting experience.
14101 Arch Europe Insurance Services Ltd