AWD online
Location
Chatham, Kent | United Kingdom
Job description
Financial Accountant - International
Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us. The Role of Financial Accountant To act as subject matter expert on assigned areas of accounting processes and to work with the Accounting Manager–Corporation in meeting objectives concerning statutory financial accounting and reporting; management and security of the Corporation’s assets; supervision of the maintenance of Corporation accounting ledgers; and improving operational efficiencies within the Financial Accounting Team in Chatham. Responsibilities for the Financial Accountant • Take full responsibility for the end to end financial accounting of allocated areas within the Corporation, acting as primary point of contact for any queries arising from stakeholders: both internal and external. Understand fully the treatment and processes adopted for the posting of accounting transactions • Production of allocated sections of the Society of Lloyd’s statutory accounts. Provide support to the manager to evaluate and review the accounting policies adopted by the Society and its overseas subsidiaries under the relevant accounting standards, to ensure compliance with reporting requirements in the UK and overseas • Supervise the monthly accounting processes for the assigned operations - ensuring that all balance sheet reconciliations are prepared in line with timetable, reviewing work prepared and resolving issues in a timely manner. Provide assistance with the budget and forecast exercises, as required • Proactively review processes and controls, implementing improvements and challenging the status quo, contributing to an environment of continual improvement. In particular, identify areas where new technology can generate efficiencies and work to implement changes required to realise improvements • Liaise with stakeholders to ensure the smooth operation of the financial accounting and reporting process, including collaboration with UK and Overseas finance colleagues and colleagues from other departments including Treasury, Market Reporting, and Tax • Act as main point of contact for assigned areas of responsibility during audits for the Corporation and assigned subsidiaries, liaising with internal and external auditors, and coordinating with actuaries, tax department, market reporting team, overseas finance staff and other key stakeholders • Act as main point of contact for assigned areas with project work as required and provide support to develop and execute business process streamlining projects that comply with Corporation policies • Provide cover for other members of the Financial Accounting team, as required Skills required of the Financial Accountant • Good planning and prioritisation skills and can manage multiple deliverables simultaneously • Confidence to drive new ideas and seek to improve work practice • Encourages a team environment, both within immediate team and across wider organisation Knowledge • Knowledge of statutory reporting under UK GAAP/IFRS • Good working knowledge of Microsoft Office Suite applications, in particular, Microsoft Excel • Knowledge of Workday Accounting System or any recognized accounting software package Experience • Experience of accounts consolidation models. • Experience of year-end statutory accounts preparation. • Experience of working in an international group would be beneficial. Professional Qualification • Holding a professional accounting qualification, ACCA/CIMA/ACA or equivalent Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes. By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems. NO AGENCIES PLEASE JOB REF: AWDO-P11907 This job is being advertised by AWD online on behalf of Lloyd’s Financial Accounting Jobs | Finance Jobs | Accountancy | Qualified Accountant | ACCA | CIMA | ACA | UK GAAP | IFRS | Microsoft Office | Excel | Workday Accounting SystemJob tags
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