Financial Accountant

Location London
Discipline: Finance & Strategy
Job type: Permanent
Contact email: george@weareedenbrook.com
Job ref: J4719
Published: 22 days ago
New opportunity based full time in London as a Financial Accountant with a leading reinsurer operating in the Lloyd’s market. The successful candidate will contribute to the production of UK GAAP technical results for the Groups Lloyd’s syndicates ensuring completeness and accuracy. Key responsibilities & Accountabilities • Production and support of the UKGAAP technical result production ensuring compliance with accounting standards and regulatory requirements and to provide support and insight to the Commercial Reporting Analysis team, Lloyds and Statutory reporting teams. • Review and challenge of financial data inputs in to the technical result production and raise in case of discrepancies. • Ensure reconciliations and integrity of data inputs into the results production from source policy, claims, reinsurance systems, syndicate data warehouse, with the results production DataMart’s, and outputs with sub ledger and general ledger. • Increase efficiency of financial data production, including transparent checks and controls by standardization and automation. • Improve systematic and automated controls, provide guidance and insight on best practice, detect and highlight any deficiencies or impacts on process and interface up- and downstream and present appropriate reports of findings. • Build strong relationships with Finance, Actuarial, IT and Underwriting colleagues to maintain and improve the quality of financial data inputs and financial reporting deliverables. • Support ongoing change and transformation initiatives such as UKGAAP and IFRS results production model and process alignment projects. • Help drive forward good Conduct for the business to deliver the best outcomes for customers/policyholders. To be successful in this role, you will need to be/have • Professional qualification such as ACA, ACCA or CIMA. • 2 years Post Qualification Experience • Proven post qualification accounting experience and an in-depth knowledge of the principles and differences of both UKGAAP and IFRS • Experience & understanding of the underlying principles of insurance and reinsurance. • Experience with or interest in automation of finance processes to meet accelerated timetables and exposure to large and complex data models. • Strong verbal and written communication skills to articulate insights.