Finance Assistant Accountant

at  Beazley Management Limited

Finance Assistant Accountant
General
Job Title: Finance Assistant Accountant - 10 month FTC
Location: Dublin Office - 2 days PW
Key Relationships: Underwriting and claims operations, Underwriting teams, Coverholders, Third Party accounting firms, Internal and External Audit, Compliance, Credit Control, Syndicate, Service Company and BIdac finance team, Corporate Finance, Credit Control and Accounts Payable
Job Summary: To ensure effective reporting of Beazley entities managed within Dublin into Beazley Group plc.

EDUCATION AND QUALIFICATIONS

• University degree in finance/ business/ accounting preferred
• Studying towards professional qualification i.e. ACCA, CIMA, ACA

SKILLS AND ABILITIES

• Builds and maintains strong relationships at all levels
• Process management skills - able to review existing processes and procedures; making recommendations for rationalisation/improvement and implement them operationally.
• Ability to work at both detailed and summary level
• Strong communication skills both verbally and in writing, ability to be able to listen
• Motivational skills, team worker as well as able to work on own initiative
• Ability to work under own initiative, under pressure, and to tight deadlines.

KNOWLEDGE AND EXPERIENCE

• Knowledge of insurance company accounting is preferred
• Experience of writing and implementing guidelines and setting performance measures

COMPETENCIES

• Achievement orientation
• Analytical thinking
• Information seeking
• Customer focus
• Team working
• Initiative
• Using expertise
• Integrity
• Impact and influence
  Job ID 1930

Support the relevant Financial Controllers in preparing financial reporting and maintaining the Books of Account

• Bookkeeping, bank entries and monthly journals using ledger system
• Preparation of bank reconciliations on a monthly basis
• Preparation of key balance sheet reconciliations on a quarterly basis
• Review management accounts prior to uploading into group ledger
• Analytical review of period end insurance receivable and payable balances
• Day to day monitoring and matching of insurance receipts/payments
• Identifying and advising of corrective action where appropriate, to include posting journals
• Assisting in preparation of trial balances and statutory accounts
• Ensure correct intragroup eliminations are reflected as part of the consolidation
• Liaise on a regular basis with local offices and third party accountants
• Responsible for the preparation of balance sheet reconciliations and bank reconciliations
• Assist in the quarterly close processes for all Beazley entities managed by Dublin Finance.

To support Group Reporting team during key reporting periods

• Assist in the reconciliation of intercompany balances and group entities
• Perform analytical review of P&L and BS for Beazley entities managed by Dublin Finance
• Prepare annual statutory accounts for Beazley entities managed by Dublin Finance
• Liaise with external auditors
• Report on subsidiary companies matters arising of specific relevance to the board
• Prepare papers for the subsidiaries internal governance groups
• Liaise with Credit Control, Corporate Finance Team, Claims Team, AP Team, Compliance Team, Auditors and other Finance Teams as appropriate

Pro-actively manage, develop and improve entity reporting and processes to ensure accurate, complete and timely capturing of data

• Work with several teams in developing best practice within Beazley procedures
• Help standardise and automate processes through identifying process issues and improvement opportunities
• Prepare and review necessary procedure documents

Provide management reporting and external liaison:

• Prepare and, if necessary, present periodic management reporting of key issues
• In particular support the production of financial reporting of entity results to the relevant regulators
• Support the relevant Financial Controllers and Finance Manager with Ad Hoc requests and projects as necessary