Syndicate Accounts Assistant
Permanent - Full TimeJob Overview
To undertake certain syndicate book-keeping, reconciliation, investment recording and related tasks in support of Syndicate Accountant and Finance Manager, whilst building the knowledge and experience to be able to take on further responsibility for further syndicate accounting roles.
Key Responsibilities
- Maintain accounting records for managed and outsourced syndicates (as delegated) including underwriting journals and assisting in the preparation of the trial balance.
- Responsible for the preparation of reconciliation work e.g. bank balances, LCA balances, overseas deposits and investment accounts
- Assist in the preparation of Lloyd’s Reporting forms as delegated, primarily VAT and cash based submissions.
- Lead the preparation of weekly/monthly/quarterly cash flow.
- To reconcile monthly control accounts and preparation of Trial Balance
- Prepare, submit and account for direct cash payments (cheque, global transfer or internet banking).
- Liaise with auditors and external clients as necessary
- Provide ad hoc support to other members of the Asta finance team as directed
Skills, Knowledge & Expertise
Personal Skills:
- Ability to produce consistently accurate work to tight deadlines.
- Ability to progress issues on own initiative, but sufficient judgement to know when to refer to Syndicate Finance Manager or Head of Syndicate Finance.
- Ability to work in an orderly and well organised fashion.
- Willingness to learn and put in extra effort when circumstances require.
- Good communication skills both verbally and in writing
Professional Skills:
- Good grasp of fundamental accounting principles.
- Preferably studying for a relevant professional qualification.
- Familiarity and some experience of basic Lloyd’s reporting requirements.
- Sound knowledge of IT systems in use within the Asta accounting function – especially Excel, Vision, Sun Accounts.