Assistant Financial Accountant

IPS Group
City of London
Up to £30000 per annum
16 May 2019
30 May 2019
Roberto Ollari
Job Function
Contract Type

Daily Responsibilities:

  • Assist in the monthly posting and reconciliation of journal entries from key front-end systems
  • Additional responsibility for quarter end journal prep and analysis necessary to finalise US GAAP result
  • Responsibility for specific quarterly balance sheet reconciliation and follow up.
  • Liaise with underwriting teams to formulate quarterly GWP commentary
  • Assist in the preparation of external reporting returns to both Lloyd's and the PRA.
  • Work towards building insurance accounting knowledge and the business.
  • Work as part of the team to meet all reporting obligations.

Technical Capabilities:

  • Strong academic background
  • University degree having achieved a minimum of 2:1 qualification
  • Proven ability to learn quickly and ambitious
  • Willingness to continue to develop knowledge of Insurance and related issues through formal and informal learning
  • Ability to develop and sustain relationships with internal and external customers
  • Ability to prioritise and organise workload
  • Attention to detail
  • Team player with ability to work on a stand-alone basis
  • Flexible
  • Good communication skills
  • Experience of identifying and implementing better processes


  • Some knowledge of general insurance and its underlying principles would be beneficial, not essential.
  • Started an accountancy qualification, such as, ACCA or CIMA and looking to continue with it.
  • Experience of working in a finance team and application of accounting fundamentals.
  • Accustomed to working with a general ledger system (Peoplesoft or similar)
  • Proven record of using Excel (minimum of pivot tables and basic functions such as vlookup)

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