Financial Reporting Specialist

2 weeks ago

London, Greater London, United Kingdom Prima Assicurazioni Full time

Got the drive to shape the future of insurance?

At Prima, you could take on a whole new challenge. As part of our global community, you'd be in the driving seat of your career; learning and growing with a top-tier team around you. Prima is a place where no matter who you are or what your role is — your voice is valued.

Back in 2015, we embarked on a mission: to provide great value car insurance that is designed for everyone. And we've come a long way, we've created a culture where we can fuel each other's success. But we need your expertise, as we steer things in a new and exciting direction.

You're probably thinking… 'That sounds pretty good'. We agree.

As well as great colleagues and engaging projects, there are loads of ways we can help you do the best work of your life. We've shaped our offering to place a focus on wellbeing, autonomy and development. We see benefits as the fuel that will empower you to succeed if you decide to embark on this journey with us.

Working in a way that works for you

We believe in work-life balance and flexibility. Whether you like working from the office, home or a mixture of both. We'll help you find a balance that works best for you. We even have a policy that means you can work from any location for 30 days a year. We trust you to steer us forward.

The freedom to explore the possibilities

We may move fast at Prima, but we move together. We're invested in your growth; so we'll give you access to a teaching and learning marketplace. And you'll have regular sessions with your manager to establish a personal growth plan.

Our winning formula: happy and high-performing

From private medical insurance to discounted gym memberships and wellbeing initiatives: we're here to support you. We know how important your health and well-being is, so we'll go the extra mile to help you when we can.

If it sounds like we've got something that's up your street, let's see if you've got the skills we're looking for

We are looking for a Financial Reporting Specialist to join our UK Finance & Operations team. Finance at Prima is a global team. Whilst the focus will be on the UK, there will be close cooperation with teams in Italy and Spain. As an Accounting Specialist, you will support us with monthly / quarterly / annual financial closing & tax activities as well as the annual financial statement audit. Furthermore, you will be responsible for processing invoices, payments, maintaining accurate accounts payable (AP) and VAT records. You will be reporting to the UK Head of Finance and UK Accounting Manager who will mentor you to succeed.

This is an opportunity to join a highly successful business that has exciting ambitions in the UK. At Prima, we empower our People to have an impact and believe in continued investment in the learning and development of our team.

Key responsibilities include:
  1. Review and verify invoices received, ensuring they are issued to the correct entity and approved properly. Update the accounts payable and VAT tracker accordingly.
  2. Prepare weekly payment batches for vendors via bank transfers, BACS, or other payment methods. Maintain accurate records of payments made in the AP tracker.
  3. Communicate with vendors to resolve any discrepancies or issues related to invoices or payments.
  4. Prepare the quarterly VAT tracker for submission of VAT returns.
  5. Assist monthly / quarterly / annual financial closing processes and reporting.
  6. Assist monthly performance monitoring activities.
  7. Assist the annual financial statement audit (ad-hoc audit requirements, general ledger testing, audit support tasks and other financial reporting queries, as needed).
  8. Assist preparation of financial components of compliance reporting.
Requirements:
  1. A bachelor's degree in Accounting, Finance, or a related field and currently studying for an Accounting qualification (ACA, ACCA or CIMA).
  2. 1-2 years of experience working in the Finance function.
  3. Basic knowledge on general ledger and account reconciliations.
  4. Some previous experience with any accounting software will be useful, but not essential.
  5. Attention to detail and ability to maintain precise and organized records.
  6. Good communication skills to liaise with colleagues, managers, and external parties.
  7. Proactiveness and ability to identify process improvements.
  8. Optional: Basic understanding of SQL or Python to retrieve data from our databases.
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