Senior Accountant

On site

London, United Kingdom

£ 95,000 / year

Freelance

19-02-2025

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Job Specifications

Role Overview:

This senior-level position is responsible for overseeing the monthly financial close process, applying relevant accounting policies, and presenting financial outcomes to upper management. The role also supports the preparation of regulatory filings in compliance with UK GAAP and Solvency II requirements for the organization’s entities.

Key Responsibilities:
Supervise and mentor two junior team members, ensuring the timely and accurate completion of ledger maintenance and reconciliation tasks.
Prepare, review, and submit external regulatory filings, internal management reports, and group-level reports.
Manage Lloyd’s-specific reporting, including QMA, QMB, QF1, GQD, TPD, TRIA, NAIC, and US Situs filings.
Finalize statutory accounts and underwriting year reports for assigned entities.
Support the preparation of Solvency II filings, including QSR, QAD, and ASR reports for multiple entities.
Prepare and review Board, Audit Committee, and other high-level papers to ensure compliance with regulatory deadlines.
Contribute to the GAAP and STAT financial close processes by compiling data for profit and loss calculations, maintaining balance sheets, and other related activities.
Perform quarterly reconciliations to support internal controls and compliance with SOX requirements.
Coordinate with auditors to facilitate successful audit processes.
Carry out additional tasks as required.

Skills and Competencies:
Proficient knowledge of financial reporting standards, including GAAP and statutory accounting frameworks.
Experience with Lloyd’s and other UK regulatory reporting requirements in the insurance sector.
Ability to understand and implement financial reporting practices and internal control systems.
Familiarity with month-end close processes and account reconciliations.
Strong analytical and problem-solving abilities, with a high level of accuracy and attention to detail.
Advanced Excel skills, including the use of complex formulas and functions.

Qualifications:
A bachelor’s degree in Accounting or a related field, with a CPA or Chartered Accountant certification.
Experience:
At least five years of experience in Lloyd’s syndicate reporting.
A minimum of three years of post-qualification professional experience.
This role is initially a 12 month FTC.

About the Company

Kennedy Pearce is a leading recruitment firm focusing on: Accounting & Finance HR & Executive Support Banking Operations Risk & Compliance Technology & Digital We’re a tight knit organisation, who value the relationships we hold with our community of candidates and clients. The values that define us are: Collaboration- we encourage our employees to take an entrepreneurial approach to solving requests; while working collaboratively to build and maintain relationships. Integrity – we always strive to achieve excell... Know more

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