Senior Accountant - Warranty
Company
HSB
Location
Liverpool
, United Kingdom
Role: Senior Accountant - Warranty
Location: Birkenhead or Manchester (Hybrid working 2 days in the office)
Duration: Permanent
Job Purpose:
HSB UK & I includes HSB Engineering Insurance Limited (HSBEIL) an insurance firm, HSB Engineering Insurance Services Limited (HSBEISL) an engineering firm and MD Group a Managing General Agent along with subsidiaries providing various services including surveying. HSBEIL operates in a regulated industry, with the PRA and FCA being its principal regulators in the UK.
The focus of the Senior Accountant role is to assist in the preparation and reporting of high-quality financial information, including undertaking and being accountable for various key financial processes.
Additionally, the role holder will support and drive continuous improvement initiatives, including automation, in addition to enhancing the control environment.
Key Responsibilities:
- Potential management of a small team. To lead, develop and mentor.
- Contribution to the month and quarter close process in line with company policies and timetables.
- Create and maintain relationships with various stakeholders.
- Ownership of key month end and quarter end deliverables, for example a subset of the tasks below depending on the team:
- Monthly affiliate pack submitted to HSB IIC, including cash flow
- Quarterly reporting to MunichRe (incl. IFRS17)
- Oversight of balance sheets, ensuring understanding and control of balances
- Investment reporting, working alongside investment managers
- Oversight of cash management
- Tax balances, including calculating and posting of corporation tax estimates, and completion of Insurance Premium Tax and VAT returns
- Working cross-function to set IBNR reserves and manage reinsurance recoveries/treaty costs
- Solvency II reporting
- Annual statutory accounts
- Provide Financial support and respond to ad-hoc requests from key stakeholders across the HSB and MunichRe group.
- Represent finance on various current and future projects relating to both the team and wider business.
- Adhering to robust and compliant accounting processes to ensure accurate reporting of both the P&L and Balance sheet.
- Commitment to personal development in order to meet both current and future requirements of the business.
Key Skills and Experience
Essential
- Self-motivated.
- Strong analytical and investigative skills
- Identification and drive of continuous improvement activities.
- Excellent interpersonal and stakeholder management skills.
- Excellent MS Excel knowledge (VLOOKUP, Pivot tables etc).
Desirable
- Experience of working within the Insurance and / or Engineering industry.
Additional Skills and Responsibilities
- Interacting with People: Establishing relationships with various teams across the business.
- Initiative: Innovative approach to problem solving, anticipating opportunities and the ability to question/challenge existing methods and approaches.
- Attention to detail: Applying high quality standards to all tasks undertaken.
- The ability to communicate effectively at all levels, both verbally and written.
- Ability and willingness to work flexibly and across locations, where deadlines require, within the Company’s required operating hours.
Qualifications and Educational Requirements:
- Qualified Accountant (passed finalist) – CIMA. ACA, ACCA
Personal Attributes:
- High standard of organisational skills with the ability to plan and prioritise.
- Highly self-motivated with the ability to work on own initiative.
- Ability to build cross function relationships