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Financial Accountant

Job description

ACCOUNTS CONTROLLER - INSURANCE

We're looking for an Accounts Controller to join a busy Accounting Team, responsible for the maintenance of their financial accounting systems. The role is also predominantly remote (with travel around once a month to Haywards Heath, West Sussex training). So if you're looking for a better work-life balance and are AAT qualified or you're in the early stages of professional accounting qualifications, apply today!

About our client

They're a global insurer, part of a leading and expanding motor insurance group who are renowned for their staff reward and recognition and are ranked highly in The Times Top 30 Big Companies to work for. They're a modern and progressive group and pride themselves on their dynamic and agile way of working.

Location: Predominantly remote. Initial training for the first couple of weeks will take place in Haywards Heath, West Sussex; after which, you will typically only need to go to the office on an ad-hoc basis, typically at month-end.

Salary: Range from £24,000 to £30,000 based on experience + benefits

Key tasks will include but not limited to:

  • P&L and Balance sheet preparation.
  • Intercompany reconciliations plus all other general balance sheet reconciliations
  • Preparation and processing of journals as required.
  • Maintenance of the downloaded excel accounts spreadsheets
  • Reconciliation of the client accounts to the underlying underwriting systems.
  • IPT Returns
  • Preparation of data for other contracts or regulatory submissions. To include XOL contracts, MIB returns, ABI Returns, FSCS, London Fire Brigade etc.
  • Raise payments or liaise with external parties to collect cash owed.
  • Instigate collection of reinsurance recoveries. Maintain associated records and reconciliations.

The ideal candidate:

  • Works well with others to complete tasks together
  • Proficient in Excel
  • Experience in Sage
  • AAT qualified or early stages of professional accounting qualifications
  • Able to interpret legal agreements in so far as is necessary to produce accurate monthly accounts
  • (Desirable) Has a working knowledge of the insurance specific agreements and expenses
  • (Desirable) Displays a detailed knowledge and understanding of the Lloyds Syndicate accounting requirements
  • (Desirable) Demonstrates a thorough understanding of the high-level principles of any insurance reconciliation in order to operate the reconciliations where figures are unusual or to prevent/identify where errors have occurred

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