Financial Accountant (Part Qualified)
Salary £40,000 - £48,000 dependent on experience
Fixed term Contract
Hybrid Home and Hub (Folkestone, Kent)
At Saga, we are looking for an experienced Financial Accountant to join our FR&C team within our Insurance Finance team.
As a Financial Accountant you will support all Financial Reporting and Control aspects of the Insurance business. You will lead the preparation of Balance Sheet analysis and control reconciliation and work closely with other teams to understand the movements in the balance sheet and rationalising these alongside what is happening in the business.
Additionally, you will support in the preparation of annual statutory financial statements, contribute to Sagas consolidated financial statements and ensure that any balance sheet actions are adequately tracked and resolved.
You will liaise with and support both internal and external stakeholders and you will be a key point of contact for the external auditors.
Saga Insurance is going through a period of transformation, having recently migrated its accounting system to Workday and entered a 20-year partnership with Ageas, for the distribution of Home and Motor insurance products. You will be supporting the transition and ensuring a smooth handover.
We work in a hybrid way at Saga both at home and in the office. This role requires you to be working from our Folkestone roughly twice a month, allowing us to collaborate and share success as a business.
Package Description
At Saga we recognise that our people make us special. We believe our colleagues deserve rewards for the excellence they demonstrate every single day, that's why we have put together an amazing benefits package for all colleagues.
BENEFITS AVAILABLE FOR THIS ROLE:
* 25 days holiday + bank holidays
* Option to purchase additional leave - 5 extra days
* Pension scheme matched up to 10%
* Company performance related annual bonus - Up to 5%
* Life assurance policy on joining us, 4 x salary
* Wellbeing programme
* Colleague discounts including family discounts on cruises, holidays and insurance
* Range of reductions and offers from leading retailers, travel groups and entertainment companies
* Enhanced maternity and paternity leave
* Grandparents leave
* Income protection
* Access to Saga Academy, our bespoke learning platform
Main Responsibilities
As a Financial Accountant in our Insurance FR&C team, you will be responsible for recording and monitoring balance sheet action points. You will collaborate with the Record to Report, AP/AR and FP&A teams to follow these through to resolution.
You will be accountable for the following areas:
Supporting in the production of regulatory reporting, including RMAR and others as required
Assisting in the transition to the new operating model, ensuring BAU deliverables are maintained and handovers are completed effectively.
Supporting colleagues across the business, providing detailed help and guidance, as required
Showing curiosity to continually review and improve the control and process environment of the business
Supporting in the implementation of new IFRS as required
Building excellent working relationships with key stakeholders, both internal and external, including colleagues across finance, internal and external audit
Prompt and accurate input into ad-hoc projects and other data analysis as required.
The Ideal Candidate
Our ideal Financial Accountant would be part qualified ACCA, ACA or CIMA with demonstrable experience within a medium or large organisation. Whilst having experience within the insurance industry would be advantageous, it isnt essential. This role could potentially suit a newly qualified accountant with a reporting background.
Other skills and experience required include:
Excellent analytical skills and the ability to quickly digest detailed and complex information.
Prior experience working within an Insurance Broking or Underwriting business is advantageous.
Experience and competence in external financial reporting, including preparation of statutory accounts.
Able to manage and prioritise own workload and work independently.
Able to quickly spot control risks within complex systems and companies, and design and implement processes to prevent or mitigate them.
Professional approach, working with diligence and a high regard for confidentiality and professional integrity.
Saga Values: Make it Happen, Do the Right Thing, Customer First, Excellence Every Day, Our People Make Us Special
About The Company
Over the past 75 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. Were the most trusted brand amongst UK consumers in this demographic, recognised for high-quality products and exceptional standards of service. Our product portfolio includes cruises, holidays, insurance, personal finance products and?our Saga Magazine.
Our focus on delivering exceptional products and service empowers our colleagues to create moments that are personal and special for our customers and for each other and our values underpin our approach and help guide us to deliver our purpose.
Were committed to making sure that colleagues can be their best, be themselves and make a difference more than anywhere else. We have done this by creating a truly inclusive culture, where all colleagues can bring their full and authentic selves to work and be treated with dignity?and respect in an environment that is free from discrimination and harassment.
Thanks to our people, Saga was awarded with a Gold for Best Customer Centric Culture in 2025. This is testament to the great culture weve built together. This award belongs to all our colleagues who collectively make Saga a fantastic place to work.
We are champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams we have in place. Were also a committed Disability Confident employer and ensure that our recruitment process is inclusive and accessible. Your application will have fair consideration, and youll receive personal communication throughout your applicant journey when you apply to join Saga.
Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner.
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