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Syndicate Accountants - Qualified

Syndicate Accountants - Qualified

Posted 4 May by Massenhove Recruitment Easy Apply Ended

Syndicate Accountant

Syndicate Accountant

My client has a fantastic opportunity for an experienced Syndicate Accountant to join their Finance Department.

You will be responsible for all aspects of Syndicate Accounting for live Syndicates, prepare internal and external financial reports, including group company reporting and all Lloyd’s regulatory returns, and associated management information. The role is also responsible for the preparation of the analytical tools and reports to support the information produced

Core duties:

All operational aspects of the production of ledgers, including the preparation of account reconciliations and analysis of balance sheet and profit & loss items

Preparation of all outputs of syndicates, including QMA, QMB, QMC, SII, US Reporting, Canadian Reporting, FCA/PRA reporting, statutory accounts, Distribution files, taxation reporting amongst others

Preparation of statutory accounts for group companies, including corporate members

Assisting in the production of reports ensuring that they are in accordance with relevant timetables and there is sufficient time for indepth management reviews

Production of analytical tools and analytical memos supporting individual reports- Development of diagnostics and continuous interaction with underwriters, actuaries and treasury to develop the understanding of the figures

Responsible for the following up of Reporting and Accounting activities

Administration of Peoplesoft ledgers

Preparation and maintenance of timetables and department resource planning

Handling all technical aspects affecting the production of syndicate returns

Managing all operational aspects of the production of documents to ensure timely and accurate production of syndicate returns

Responsible for the maintenance of a sound system of internal controls, including where appropriate SOx controls

Liaison with internal and external auditor, ensuring that all the information required is produced and the audits are completed on time

Responsible for the development of process improvements and system enhancements, typically within a formal project framework, to ensure the efficient and accurate production of data

The ideal candidate will have the following key attributes:

Exposure to the Lloyd’s market as an accountant or an auditor

Exposure to reporting activities to senior management committees

Experience with live Syndicates

Exposure to a SOx environment

Working knowledge of Lloyd’s accounting and reporting rules, UK GAAP, Companies Act

Advanced experience of using Excel

Advanced report writing skills

Knowledge of Lloyd’s software

Experience with accounting software (Peoplesoft) Desirable

Exposure to insurance accounting standards

Knowledge of US GAAP

CIMA / ACCA / CA qualifications

Reference: 31633382

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