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Staff Accountant

4 months ago

Witham, United Kingdom MMC Corporate Full time

The MMC EMEA accounting operations team supports 18 countries across Europe and forms part of the controllership function that are responsible for ensuring accounting is in adherence to organisation policies, procedures and SOX requirements. The department is supported by an offshore transactional processing team of approximately 100 employees with onshore headcount at around 40. The teams are functionally aligned as follows:  People Costs, Fixed Assets and Facilities, Asset and Liabilities, Revenue & Foreign Exchange, Intercompany, Bank reconciliation, Procure to Pay and Cash Control.

General Accounting maintains the financial information required to control the companyâs operations (such as ledger accounts, financial statements and budgets) according to accounting policies and procedures.

The Staff Accountant (Part Qual) position could suit a either an experienced Part Qualified/QBE Assistant Accountant looking for a larger role within a Global Insurance leader or even a Finance Assistant with experience including but not limited to AP/AR/Reconciliations looking for a role that could further develop their skills.

Can you work under pressure and to tight deadlines? Are you organised and committed to delivering high quality of work? Have you held the above responsibilities before? If so this could be the perfect role for you

What can you expect?

  • An opportunity to join an established company helping to support a wider team and enabling them to work more efficiently.
  • We offer a platform to build on existing skill sets and knowledge and also an opportunity to learn new skills in a continuous improvement environment.
  • Study support will be offered upon successful completion of the probation period.
  • To build and maintain excellent relationships with our colleagues across the globe.

What you will be rewarded with?

  • We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 2 days per week allowing 3 days per week to be spent working on a remote basis.
  • Competitive Benefits Package including: 27 days annual leave, up to 4 days flexible bank holidays, excellent pension contributions, private medical cover, life assurance, income protection, employee assistance program, plus a range of flexible benefits including the option to buy or sell up to 5 days holiday per year, cycle to work, dental insurance, health assessments plus many more.
  • Generous Family Leave including:  6 months paid maternity leave, 4 months paid paternity leave, 6 months paid adoption leave plus shared parental leave options.  To help ease the transition when you return to work you will be able to work 8 weeks at 80% of your normal work pattern and receive 100% of your normal salary.

We will rely on you to:

  • May prepare review and/or approve journal entries, money moves, administrative system accounting reports and/or consolidated statements. Analyzes and maintains the general ledger accounts and/or client insured records.
  • May prepare and analyze revenue and/or expense reports; coordinates revenue and expense accruals and ensures timely and accurate monthly and quarterly close. Performs variation and trend analysis for key general ledger accounts, including variances to forecast, budget and prior year.
  • May apply and balance funds to insured records; may process refunds to insured records; may request payments for carriers and third parties including variances to forecast, budget and prior year.
  • May prepare higher level of reconciliations between administrative systems and other sources. Findings may be presented to senior manager.
  • Position may provide functional advice or training to less-experienced accountant positions. Ensure compliance with corporate policies, carrier agreements, SOX procedures, SSAE16 procedures tax regulations, local GAAP and US GAAP and local statutory regulations (as applicable) regarding financial matters.
  • May assist in the development and implementation of internal accounting policies, transitions to and from teams both onshore and offshore, procedures and process improvements for general accounting functions.
  • Perform other duties as assigned.
  • Assist with other ad-hoc tasks, projects and initiatives as required.
  • Assist auditors and SOX testers.
  • Assist with current and future accounting operation transitions
  • Delivery of training to Offshore teams
  • Journal creation, review and approvals
  • Preparation and review of quarterly reporting schedules
  • Payroll system interface checking
  • Expense accrual preparation and review
  • P&L analysis and commentary to the business

What you need to have: 

  • Part/Qualified ACCA/CIMA/QBE or AAT Qual looking to study further.
  • Basic accounting experience (AR/AP/Reconciliations/Journals etc).
  • Flexible and team player â develops close partnerships with onshore and offshore colleagues.
  • Ability to work under pressure to tight deadlines and deliver results to short timescales.
  • Exposure to General Ledger Accounting.

What makes you stand out:

  • Prior experience of Oracle and HFM (preferred but not essential)
  • Insurance industry experience would be advantageous but not essential.
  • Previous proven ability to identify areas to improve efficiency, accuracy and analysis and suggest and implement process improvements.

About Marsh McLennan

Marsh McLennan (NYSE: MMC) is the worldâs leading professional services firm in the areas of risk, strategy and people. The Companyâs more than 85,000 colleagues advise clients in over 130 countries. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com, or follow us on LinkedIn and X.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one âanchor dayâ per week on which their full team will be together in person. office or working onsite with clients at least three days per week. Office-based teams will identify at least one âanchor dayâ per week on which their full team will be together in person.