Senior Financial Accountant

Job Title: Senior Financial Accountant
Contract Type: Permanent
Location: Leeds, West Yorkshire
Salary: £50000.00 - £60000.00 per annum
Reference: 3956038_1616946799
Contact Name: Alexandra Elliott
Contact Email:
Job Published: March 28, 2021 16:53

Job Description

Senior Financial Accountant

Your new company

Our clients European operations, which accounts for over 27% of the group turnover, is a leading specialist in London market and European commercial lines business. They offer considerable diversity to the Financial Services community. They are a socially responsible company and give their customers the ability to invest a portion of their premiums in environmentally and socially beneficial projects.

Your new role

They are looking for a Senior Financial Accountant to assist the Syndicate Financial Controller to manage the accounting and reporting activities of the Syndicate Accounting Team, ensuring the completeness, accuracy and consistency of underlying data. The role holder will ensure key financial numbers are reconciled, collated and reported to internal standard.

Your responsibilities for this role may include, but are not limited to:

  • Reviewing and challenging the Syndicate underwriting results, working closely with the Finance Business Partners.
  • Review the reserves in conjunction with the Actuarial Department to ensure completeness and accuracy.
  • Producing commentary for senior management around the Syndicate results, reviewing late adjustments, bridging analysis, group balance sheet analytics and COB reviews on a quarterly basis.
  • Overseeing and providing data into the annual Statement of Actuarial Opinion (SAO), UK Tax and US Level II returns.
  • Involvement in producing quarterly returns.
  • Assist in the monthly and quarterly close process, including preparation and posting of underwriting and non-underwriting journals for the Syndicates for submission to the (Re) / Insurance Finance Director, senior European (EO) management and Group.
  • Ensure the statutory books and records are properly maintained in accordance with their Accounting policies and market best practice and the balance sheet appropriately reflects the Syndicate position.

What you'll need to succeed

  • Qualified Accountant (ACCA or equivalent).
  • Recent or current experience of working for a Syndicate or Company Insurance Accounting team.
  • Significant experience of working in a complex financial services environment.
  • Strong financial accounting background with experience of reviewing Insurance Underwriting results preferable.
  • Familiarity with Oracle, TM1 and Hyperion desirable.
  • Experienced MS Excel user (pivots, if statements, lookups and experience of working with large amounts of data) and other MS Office applications.
  • Excellent written and verbal communication skills.

What you'll get in return

Our client views their people as their most precious asset. They understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. Their aims to build a workplace that is fair and inclusive because they want to attract and retain the best people to do the job.
They are 'Happy to talk Flexible Working'.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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