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Assistant Financial Accountant

United Kingdom, London 50000.00 - 55000.00 GBP / Year · Job Posted January 26, 2026
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Job Description

Our client is seeking a part-qualified or newly qualified Financial Reporting Assistant Accountant to join their financial reporting team. This role will support a range of activities across the monthly close, group reporting, balance sheet reconciliations, and statutory accounts preparation. The successful candidate will play a key role in maintaining accurate financial records and supporting robust reporting processes across the business. This is a hands-on role offering strong exposure to US GAAP reporting, UK GAAP statutory accounts, and interaction with external stakeholders, with clear scope for progression.

Job Responsibility

  • Preparation of monthly journals as part of the ledger close process, supporting a 7 to 8 day close cycle
  • Assist with the production of the monthly US GAAP group reported results
  • Assist with monthly balance sheet reconciliations, including bank accounts, prepayments, accruals, and intercompany balances
  • Preparation of monthly lead schedules and supporting documentation
  • Support the development of the Faster Claims Payment system and associated reconciliations
  • Assist with the production of quarterly VAT returns
  • Support the annual broker review process, including coverholder and DCA reviews
  • Assist with the preparation of year-end UK GAAP statutory accounts
  • Prepare audit schedules and supporting information for external auditors, acting as a key point of contact during the audit
  • Assist with the preparation and maintenance of accounting policies and procedures documentation
  • Support quota share accounting and related data reconciliations
  • Maintain effective communication with external advisors, including auditors and tax advisors
  • Participate in finance projects and ad hoc finance tasks as required

Requirements

  • Part-qualified accountant looking to progress, or a newly qualified accountant comfortable operating at this level
  • Previous experience within a finance or reporting role
  • Knowledge of insurance accounting and or Lloyd’s of London experience is desirable but not essential
  • Strong organisational skills with the ability to prioritise and meet deadlines
  • Clear and effective written and verbal communication skills
  • A collaborative approach and strong stakeholder management skills

Nice to have

Knowledge of insurance accounting and or Lloyd’s of London experience

What we offer

  • Full study support
  • Bonus scheme of 15 percent, rising to up to 30 percent if performance targets are exceeded

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