Assistant Accountant
JOB_54046584813743Job type
PermanentLocation
City of LondonWorking Pattern
Full-timeSpecialism
Part Qualified AccountantIndustry
InsurancePay
£40k - £45k
Part-Qualified Accountant | Growing Insurance Business | Hybrid London
Assistant Accountant / Part-Qualified Accountant
Location: City of London (Hybrid – 3-4 days office based)
Salary: £40,000 - £50,000 + Bonus + Study Support
Your new company
Our client is a growing and entrepreneurial speciality insurance business based in the heart of the London Insurance Market. With expertise across insurance and reinsurance, the business has undergone significant growth and transformation in recent years and offers a collaborative environment where employees are given real exposure across all aspects of finance and operations. The company prides itself on its people-first culture, flexibility, and commitment to professional development.
Your new role
- Manage accounts payable processes including invoice processing, supplier statement reconciliations and payment runs.
- Oversee accounts receivable activities, ensuring timely collection of income and accurate allocation of receipts.
- Reconcile multiple bank accounts and investigate any discrepancies.
- Process, allocate and reconcile insurance and reinsurance premiums across insurers, brokers and relevant tax authorities.
- Monitor payment due dates and proactively manage collections to maintain strong cash flow.
- Maintain and develop relationships with brokers, insurers and external stakeholders.
- Support month-end processes including journals, accruals, prepayments and balance sheet reconciliations.
- Assist with the production of management accounts, P&L reporting and variance analysis.
- Support budgeting, forecasting and financial planning activities.
- Provide financial insight and business partnering support to operational stakeholders.
- Assist with payroll processing and related reconciliations.
- Utilise Xero on a daily basis to maintain accurate financial records and reporting.
- Contribute to process improvements and finance transformation initiatives as the business continues to grow.
What you'll need to succeed
- Studying towards ACCA, CIMA or ACA (or equivalent experience).
- Previous experience within an Assistant Accountant or Accountant position.
- Insurance or reinsurance sector experience is highly desirable.
- Strong understanding of AP, AR, bank reconciliations and cash management.
- Experience working with premiums, broker accounts or insurer settlements would be advantageous.
- Experience producing management accounts and supporting budgeting/forecasting activities.
- Strong Excel skills and experience using accounting systems such as Xero.
- Excellent communication skills with the ability to build relationships across the business.
- Proactive, organised and able to manage multiple priorities in a fast-paced environment.
- Ability to work independently whilst contributing positively to a wider team culture.
What you'll get in return
- Annual bonus scheme.
- Study support package.
- Hybrid working arrangement.
- Exposure to senior leadership and commercial decision-making.
- Excellent opportunity to broaden your insurance finance knowledge.
- Supportive and collaborative working environment.
- Genuine opportunities for progression as the business continues to grow.
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 about your career.
Talk to Max Giltnane, the specialist consultant managing this position
Located in London-City, 5th Floor, 107 Cheapside, Telephone 02034650017