Accounts Assistant

Ref: VR/01867

Job Description

Accountant Role Profile

Overall responsibilities: The Assistant Accountant will assist the Client Finance team with financial accounting and reporting for a specified portfolio of clients.

Reporting Line(s)

• The Assistant Accountant reports to a Financial Controller or directly to a Client Manager (depending on team structure).

Specific Responsibilities

• Financial accounting

• Calculate accruals, prepayments, agreeing inter company balances and other accounting adjustments.

• Process journal entries, maintain general ledger and general ledger reconciliation work.

• Assist with the producing schedules required for Sox reporting.

• Quarterly update of fx rates to technical system.

• Ad hoc tasks as required.

• Financial reporting

• Produce monthly and quarterly technical reports from underwriting system (mainly Cognos).

• Assist in preparing actual versus budget analysis.

• Assist with the processing of commutations.

• Analyse expenses.

• Assist with preparation of annual statutory accounts and regulatory returns & investments

• Prepare quarterly cashflow.

• Prepare monthly download of technical cash.

• Assist with preparation of currency matching schedules.

• Prepare supporting investment schedules as needed.

• Assist with collating and preparing supporting documents and schedules for the auditors.

Risk Management & Internal Control:

• Awareness of activities being undertaken which contribute to the operation of internal controls and the risks these controls are mitigating.

Taxation

• Assist with/prepare VAT returns (or information for group VAT return).

• Assist with providing supporting analysis for Corporation Tax purposes.

Regulatory

Assist in preparation of data for capital modeling and regulatory returns.

Key Competencies & Qualifications

• Graduate or must have a minimum of 3 years experience in an accounting or book-keeping role.

• Competent Microsoft Office skills.

• Ability to communicate with colleagues at all levels.

• Able to meet tight/multiple deadlines

• Able to prioritise/work under pressure.

• Flexible about working hours in busy periods

• Able to work as part of a team.