Main purpose of job:
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.
- 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, Lloyd’s Central Accounting (LCA) balances, overseas deposits and investment accounts
- Assist in the preparation of Lloyd’s returns as delegated, primarily VAT and cash-based submissions
- Lead the preparation of weekly/monthly/quarterly cash flow.
- To reconcile monthly control accounts
- 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
Key personal skills required
- 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.
Key technical skills, knowledge and professional qualifications required
- GCSE Maths grade B or above
- A basic understanding of fundamental accounting principles. Relevant work experience is not essential but would be advantageous.
- Willingness to study for a relevant professional qualification.
- A good understanding of MS Excel and experience with vision and Sun Accounts would be ideal but not essential.
This job profile gives only outline duties. However, in an organisation such as ours, it is inevitable that tasks may arise which do not fall within the list of key tasks. Individuals are therefore required to be flexible in their approach and attitude when tasks arise which are not specifically covered in their job profile. Should an additional responsibility become a regular part of the job, the individual should agree a new job profile with their manager.