Senior Financial Accountant

Exciting Opportunity: Senior Financial Accountant at Global Reinsurance Leader

Are you a qualified accountant with a passion for the insurance industry? Do you thrive in a collaborative environment where your expertise is valued and your career growth is prioritised? If so, we have an exceptional opportunity for you to join a prestigious global reinsurance group in the heart of the City area of London.

Position Overview

Role: Senior Financial Accountant
Compensation: £65,000 - £75,000 + Bonus + Comprehensive Benefits Package
Location: City of London
Work Model: Hybrid (Flexible working arrangements)

The Company
They are a well-established global reinsurance group known for their collegiate culture and progressive approach. Their reputation for attracting and retaining top talent is built on their commitment to empower their team members with significant responsibilities and offering excellent career advancement opportunities.

The Ideal Candidate
To be considered for the role you should meet the following criteria: 

• Insurance or reinsurance audit or industry experience
• A proactive approach and continuous improvement mindset
• Excellent communication skills and a strong work ethic
• Ability to collaborate effectively in a team environment
• In-depth understanding of control procedures and process documentation
• Solid knowledge of UK GAAP (including FRS 102 and FRS 103). US GAAP knowledge useful too.
• Proficiency in payroll tax and VAT

The Role
As a Senior Financial Accountant, you will: 

• Spearhead the preparation of annual statutory financial statements for London corporate services and also significantly contribute to financial statements of the main London business.
• Oversee the annual OPEX budget preparation
• Manage quarterly reports to head office
• Ensure timely completion of quarterly balance sheet reconciliations
• Craft accounting memos for complex transactions, providing clear rationale and impact analysis
• Assist with VAT returns and payroll tax calculations
• Review and process expense invoices, optimising internal procedures
• Prepare and review journals across multiple entities
• Drive process improvement initiatives within the department
• Serve as a key liaison with external auditors

What's in it for you?

- Competitive salary range of £65,000 - £75,000
- Performance-based bonus structure
- Comprehensive benefits package
- Hybrid working model, offering flexibility and work-life balance
- Opportunity to work with a global leader in the reinsurance industry
- Collaborative, collegiate work environment
- Path for career progression and professional development

If you're ready to take your accounting career to the next level with a company that values your expertise and invests in your growth, we want to hear from you. Apply now and be part of a team that's shaping the future of reinsurance!