Senior Accountant

Job brief

A client of ours is seeking a highly skilled Accountant with a minimum of 5 to 10 years experience, preferably within the insurance or financial services industry. The successful candidate must have strong expertise in Sage Intacct and a deep understanding of insurance accounting principles. This role will ensure accurate financial reporting, compliance with insurance industry regulations, and the provision of insightful financial analysis to support strategic decision-making.

Key Responsibilities

• Financial Reporting

  • Prepare and analyze financial statements in compliance with regulatory and accounting standards.

  • Identify and highlight key financial trends impacting business performance.

• Management Reporting

  • Prepare and present weekly and monthly management reports, including sales, departmental activity, and company performance.

  • Provide insights to support executive decision-making.

• Regulatory Reporting

  • Prepare and submit insurance industry-specific regulatory returns in a timely manner.

  • Ensure full compliance with financial and statutory reporting obligations.

• Account Reconciliation

  • Reconcile insurance accounts including premiums receivable, claims payable, and reinsurance recoverable.

  • Ensure accuracy and integrity of all reconciliations.

• Claims Management

  • Assist with claims processing, payments, and refunds in line with policy terms.

  • Prepare and track claims reporting for management review.

• Regulatory Compliance & Audit

  • Ensure compliance with all statutory and insurance industry regulations.

  • Support internal and external audits by providing required documentation and explanations.

• Internal Controls

  • Implement and maintain robust internal controls to safeguard assets and ensure accuracy of financial information.

• Commissions Reporting

  • Prepare, analyze, and track commission payments to intermediaries.

• General Accounting

  • Manage general ledger functions, accounts payable/receivable, and bank reconciliations.

• Budgeting & Forecasting

  • Support annual budgeting and ongoing financial planning processes.

• Collaboration & Support

• Work closely with cross-functional teams, external auditors, and regulators.

• Take on additional finance-related duties as may be assigned.

• Requirements
  
  • Degree in Accounting, Finance, or related field (essential).
    
    
  • ACA, ACCA, CIMA, or equivalent qualification (or finalist).
    
    
  • Minimum of 5 to 10 years accounting experience, with at least 2 years in the insurance or financial services sector.
    
    
  • Strong hands-on experience with Sage Intacct (essential).
    
    
  • Proficiency in other accounting software (Xero, QuickBooks, Pastel, Sage Payroll) is an advantage.
    
    
  • Solid understanding of insurance accounting principles, regulatory requirements, and compliance standards.
    
    
  • Strong analytical, problem-solving, and financial modeling skills.
    
    
  • Excellent English communication and presentation skills, with ability to explain financial concepts clearly.
    
    
  • Ability to work under pressure, meet deadlines, and manage multiple priorities.
    
    
  • Strong organizational skills and a proactive, detail-oriented approach.