FP&A Accountant

Location
England, London, City of London
Salary
£60000 - £70000 per annum
Posted
21 Jan 2022
Closes
18 Feb 2022
Ref
J2350710
Contact
Mark Brown
Job Title
Finance Analyst
Category
Insurance
Contract Type
Permanent
Hours
Full Time

A rapidly growing London market insurance business is looking for a high calibre accountant to join the expanding FP&A team. You will work to enhance the framework of forward financial planning and support the continued growth in the business through objective financial analysis.

  • Production of financial MI and analysis as part of routine Finance closing processes.
  • Develop and maintain result tracking models to compare actuals to plan with and to monitor KPI's against plan and forecast.
  • Scrutinize the financial result information reported to Group and provide analysis to support variances to plan and forecast. Work closely with FP&A colleagues to ensure that differences in basis of production and phasing differences between plans and actual financial data are understood and explained.
  • Develop and generate reports to monitor movements against submitted plans and forecasts (YOA and GAAP) and resolve these through appropriate commentary or investigation.
  • Play a key role in building out reporting capabilities of the business, working closely with Financial Accounting & Reporting colleagues or other teams to improve information shared with the wider business.
  • Support the FP&A Manager in monitoring financial information reported to Lloyd's and the resulting impact on the financial results (QMA/QMB).
  • Manage and deliver ad hoc finance projects

The ideal candidate for this role will be a qualified accountant (ACA/ACCA/CIMA) and have experience within a London Market insurer in either an FP&A function or an insurance accounting role. Other desirable skills will be:

  • Highly analytical with excellent spreadsheet skills.
  • Understanding of insurance accounting principles with the ability to translate across YoA and GAAP reporting bases.
  • Experience in preparing financial MI used with financial closing processes.