Management Accountant
- Recruiter
- HealthCare International
- Location
- The City, UK
- Salary
- Competitive salary
- Posted
- 04 May 2021
- Closes
- 07 May 2021
- Ref
- 2121001483
- Job role
- Management accountant
- Sector
- Accounting - Public practice
- Experience level
- Part qualified
Ignata Finance are delighted to be exclusively partnering HCI for the recruitment of their newly created Management Accountant position.
HCI are a London headquartered FCA regulated insurance intermediary who have been specialising in the international private medical insurance market for over 25 years. We offer private health insurance plans to expats of all nationalities with a footprint in over 150 countries globally. We offer a wide range of health care plans to suit any needs or budget. We think we have among the best private International health insurance plans available because we are experts in this market and with many years of experience behind us, we know what is important to people living away from home.
ROLE AND RESPONSIBILITIES
QUALIFICATIONS AND EDUCATION REQUIREMENTS
HCI are a London headquartered FCA regulated insurance intermediary who have been specialising in the international private medical insurance market for over 25 years. We offer private health insurance plans to expats of all nationalities with a footprint in over 150 countries globally. We offer a wide range of health care plans to suit any needs or budget. We think we have among the best private International health insurance plans available because we are experts in this market and with many years of experience behind us, we know what is important to people living away from home.
ROLE AND RESPONSIBILITIES
- Prepare profit and loss and cash flow forecast on monthly basis and highlight any cashflow, profit or expense issues to the senior management
- Prepare financial statements and liaise with external auditors.
- Validating and attesting to bookkeeping performed by the finance team members.
- Checking accruals, prepayments and other month end journals and processing them if required. Checking supplier payment run and banking set-ups before authorizing them through the banking platform.
- Send payroll changes to payroll provider and check payroll reports.
- Reconciling sales against company's insurance system and processing cost of sales journals. Ensuring the balance sheet is fully reconciled at month end, particularly Insurer accounts.
- Check insurer bordereau and broker statements and reconciling them against accounting system. Prepare quarterly VAT returns for two companies.
- Strengthen internal finance controls and documenting all the key financial processes.
- Work with financial controller and tidy up group structure and close unnecessary banks and companies.
- Constantly reviewing company's cost base and recommending how the company can reduce its costs.
- Work with financial controller and other department to develop KPIs and other reports, which can provide a deep insight into the company's performance.
- Delivery of Operational and financial system synergies
- Deputise for financial controller at senior meetings when required.
QUALIFICATIONS AND EDUCATION REQUIREMENTS
- Part qualified or fully qualified accountant with any reputable professional body.
- A good understanding of the general insurance sector and terminology
- Over 4 years of strong accountancy experience with some experience gained in practice and commerce
- Experience using Sage 50 or Sage 200
- Strong excel skills and has previous experience of using Vlookup, Sumifs, Pivot tables and other data analysis functions • Excellent attention to detail and accountability
- Proven track record preparing month end journals, management accounts, financial statements and VAT returns across a group structure
- Proven track record reconciling complex balance sheets in multi-entity group structures
- Must have multi-currency experience as receipt and payment made in circa 15 currencies
- Some experience of setting up new system, migrating data over to new system and implement process improvements will be required.
- A strong communicator able to explain financial matters to non-financial people