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Kenneth Brian Associates is seeking an experienced Qualified Accountant for global and well established insurer based in Central London, in their search for a newly created post.
Our client is ideally seeking an experienced Financial Controller or accountant with experience in either of the following sectors; Banking/Insurance or Financial services.
Working alongside and interacting across the Finance Director you will be required to play a pivotal role in within the team.
Key Responsibilities:
- Recording payments and receipts and posting them accurately to the accounting system.
- Maintaining updated and accurate accounting records by documenting daily transactions (e.g., AP invoices, both Purchases and opex).
- Maintaining bank ledgers up to date and performing monthly bank reconciliations
- Leading cash collection activities, including following up on outstanding invoices to ensure timely payments.
- Taking the lead on master data management activities, including maintaining and updating the accounting structure (e.g., products, vendors, and customers) to ensure seamless integration into the system.
- Assisting in month-end, quarter-end, and year-end closings.
- Preparing balance sheet and P&L variance analyses for the European branch.
- Ensuring completeness and accuracy in revenue recognition, in collaboration with the logistics team.
- Reconciliation of intercompany balances as part of the monthly processes.
- Supporting cash management, including monitoring weekly cash positions and attending group reporting requirements
- Preparing payment runs and reviewing AP accounts to ensure timely and accurate payments.
- Monitoring and managing credit control, including preparation of credit reports and analysis of outstanding balances.
- Solvency ii reporting or knowledge would be desirable
Tax and Compliance
- Assisting with VAT returns and other tax compliance matters.
- Supporting internal and external audits by preparing required documentation and ensuring compliance with internal controls and company policies.
- Additional Responsibilities
- Contributing to budgeting and performance forecasting activities.
- Assisting with projects and initiatives led by GL accountant and Process Specialist.
- Participating in finance team meetings and cross-departmental collaborations.
Qualifications / Experience
- Fully qualified or newly qualified accountant (ACCA/ACA/CIMA)
- 3-5 years of relevant experience in accounting and finance.
- STRONG INSURANCE OR BANKING EXPERIENCE
- SOLVENCY II EXPERIENCE
- Experience in reconciliation, variance analysis, and month-end processes.
- Detail-oriented, with strong organizational and time-management skills.
- Excellent communication and interpersonal skills to work in a small, multicultural team.
Collaborative and inclusive work environment, career growth and professional development.
Holiday: 25 days | Pension: Employer contribution; private medical Insurance; Life Assurance; Flexible working
The Person
- driven with a desire for learning and continuous personal development
- qualified/ Studying towards a professional accountancy qualification
- SOLVENCY II knowledge is Desirable gained in an insurance sector environment
- strong Excel ability
- Our clients a supportive and forward thinking environment alongside a unique and highly competitive benefits package.
