£30K/yr to £35K/yr
City of London, England
Permanent, Variable

Finance Assistant

Posted by Reed.

Finance Assistant

  • Annual Salary: Up to £35,000
  • Location: City of London
  • Job Type: Full-time, Hybrid - 3 days in office - 2 from home

Join a rapidly growing MGA fully regulated by the FCA as a Finance Assistant. This role offers the opportunity to assist the Finance Manager and contribute to the day-to-day finance operations of our dynamic company. We are seeking a proactive self-starter who is ready to handle a diverse workload and engage in all aspects of the finance function.

Day-to-day of the role:

  • Complete all finance tasks within allocated time slots, adhering to the finance timetable.
  • Post bank transactions and update related policies as paid on individual underwriting portals using systems like Schemeserve and PIA.
  • Manage the finance inbox and handle queries efficiently.
  • Perform daily submissions and reconciliations on Novus, including bank reconciliations and matching funds.
  • Process and upload CSV files for relevant product lines.
  • Liaise with internal teams and external partners to ensure smooth operation of the finance function.
  • Generate and update financial reports, including the Gross Written Premium (GWP) Summary and Unmatched Cash Summary reports.
  • Assist with year-end and interim audits and any other finance-related tasks as necessary.

Required Skills & Qualifications:

  • Experience in Bank and Cashiering, ideally within an MGA environment.
  • Knowledge of technical IBA Accounting and Credit Control.
  • Understanding of accounting double entry.
  • Part Qualified with 1-3 years' experience (ACCA/CIMA/ACA preferred).
  • Proficient in QuickBooks and general ledger operations.
  • Strong analytical skills and a problem-solving attitude.
  • Excellent organisational skills and attention to detail.
  • Ability to work independently and as part of a team.
  • Immediate availability highly desirable.

Benefits:

  • 25 days holiday plus bank holidays, and an additional day for your birthday.
  • Competitive workplace pension scheme (5% company contribution to Employee's 3%).
  • Hybrid working pattern with a minimum of 3 days per week in the office.
  • Supportive and experienced working environment.
  • Study support for ACCA/CIMA/ACA after a probationary period.
  • Season Ticket Loan (subject to conditions).
  • Discretionary bonus.
  • Automatic enrollment in life assurance and potential for private medical and income protection schemes post-probation.

To apply for this Finance Assistant position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this role.

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