Management Accountant

Job Description

Reporting to the Group Financial Controller, main responsibilities include:

Revenue, drawdown and commissions reconciliation

• Sage versus CMS and month end Bordereau (insurance specific) reconciliation to Sage and bank.
• Managing other creditors reconciliation & supervising investigation by the Finance Administrator of unallocated funds, with continuous review.
• Completion and calculation of monthly ‘drawdown’ process, including cashsheets, BDXs.
• Broker commissions calculation, analysis and preparation for payment.

Monthly preparation of management accounts – multiple group companies:

• Update Management accounts templates
• Analyse nominal ledger accounts for the period with re-analysis as required.
• Update all month end schedules incl. preparation of journals, adjustments, recharges.
• Upload journals to Sage
• Reconcile all balance sheet accounts and maintain fixed asset schedules.
• Update Management accounts templates and prepare commentary for the accounts
• Detailed P&L analysis incl. Y-O-Y, vs budget etc
• Maintenance of intercompany matrix between group companies
• Submit management accounts to the GFC for review

Quarterly VAT Returns:

• Daily VAT code checks; ensure VAT is accurately and proactively manage this process
• Monthly VAT control account reconciliations
• Calculate fuel scale charges and post journal on a quarterly basis
• Preparation of quarterly VAT return for VAT registered companies in the group.
• Submitting & filing VAT Returns once approved by GFC

Year End Accounts

• Assist with the yearend audit and liaise with external Accountants and Auditors
• Prepare year end accounts and reconciliations
• Assist with with Audit requests

Oversee the completion of the ‘Matrix’ schedule and monthly refresh

Budgets/Forecasts/Reporting

• Assist with preparing department budgets and forecasts
• Assist with the preparation of reports requested by our Coverholder and tax accountants

Controls and processes

Assist with developing the processes and systems within the department to help improve controls, reduce risk, and improve efficiencies

Other duties/projects as the business requires

• Cover for all finance department duties and responsibilities as and when necessary (site fees, payment run, customer and supplier ledger)
• General Queries and Ad hoc duties

Qualifications:

• Qualified (ACCA, CIMA, ACA) or QBE – requisite skillset is most important.

Essential experience:

• Sage 50 or similar system.
• CMS which links with an accounting system
• Processing of transactions pre- and post-trial balance experience essential
• Good knowledge and understanding of a P&L and Balance Sheet
• Year end audit experience

Essential skills:

• Experienced user of MS Excel, Word, Outlook, Access, Teams
• Advanced Excel skills including VLOOKUPs and PIVOT Tables.
• Understand the need for confidentiality.
• Strong attention to detail.
• Willingness to drive process change to improve efficiency within the department.
• Team player and keen to provide support to colleagues.
• Punctual and flexible to meet finance deadlines.
• Proactive and keen to use initiative.

Desirable skills:

• Previous experience working in an FSA company or in the Insurance sector.
• Strong commercial awareness.
• Autoentry or similar
• SAP Concur or similar
• Bankline or similar

Salary: Dependant on experience

Benefits:

• Company pension
• Free parking
• On-site parking
• Bonus scheme
• Private medical insurance
• Referral programme