The Opportunity:

If you want to join an exciting and expanding insurance business, with an energised leadership team and a top-flight tech platform, revolutionising the way delegated authority business is transacted through the Lloyd’s and London market, then read on.

We are searching for an experienced Accounting Manager, for a 12 month maternity cover (FTC).  You will need a minimum of 3-5 years' work experience within insurance and be proficient in Excel spreadsheets and SAP software.  

 About Us:

Carbon Underwriting is a new approach for the market. We are a specialist, independent, class agnostic Managing General Underwriter (MGU) writing to a mix of third-party capacity and our own Syndicate CBN 4747.

We set out in 2018 with a mission to transform the world of delegated underwriting and with a vision to set a global benchmark. We are a young, dynamic company and recognise the importance of embracing modern technology to deeply enrich our offering.

Main Purpose and Scope of the Job:

This is a maternity cover for a period of 12 months on a Fixed Term Contract.

As part of the Carbon Group Finance team, the main purpose of this role is to prepare the group Management Accounts for review and the corresponding initial explanations for deviations from Plan or prior periods (months)

As a fast growing business, Carbon is seeking to continuously improve and as Accounting Manager you will assist and/or lead in enhancing processes, corresponding controls and/or documentation.

The role is part of a lean and dynamic team and may be also required to support the team and/or wider initiatives.

Duties and Key Responsibilities

Management Accounts

• Ø Monthly preparation of the Management Account
• Ø Accruals and Prepayments
• Ø Maintaining and reconciling the General ledger (SAP)
• Ø Maintain Intercompany Balances
• Ø Expenses Management

Accounts Payable

• Ø Maintain Supplier records
• Ø Make timely payments to suppliers and record all invoices and payments into the SAP system

Other Tasks

• Ø Posting journals on SAP including sales invoices and Intercompany Journals
• Ø Maintain other necessary financial records
• Ø Bank reconciliation
• Ø Standardization of processes,
• Ø Assist in development of controls and/or accounting policies
• Ø Assist with Month End closing processes and other Finance ad-hoc tasks

Skills and Abilities

• Ø Excellent numerical skills and interest in financial information
• Ø Strong attention to detail and investigative nature
• Ø Strong Professional ethics and accounting knowledge
• Ø Proficient in Excel spreadsheets and SAP software
• Ø Ability to work as part of a team and build excellent working relationship

Experience and Knowledge

• Minimum 3 – 5 years’ work experience in a relevant finance function
• Previous experience of SAP Finance module will be an additional advantage
• Previous experience in insurance

Qualifications

• Degree in Accounting & Finance or similar or AAT Qualification.
• Newly or Part Qualification in CIMA/ ACCA or similar UK Accounting course

Conduct & Behaviour

You must act with integrity

You must deal honestly with clients, regulators, and colleagues at all times

You must act with due care, skill, and diligence

You must act with the skill and care that we can reasonably expect of someone performing the role you are employed to deliver

You must be open and cooperative with the FCA and other regulators

You must respond fully and openly to any enquiries from the FCA or other regulators and in the provision of any information to them

You must pay due regard to the interests of customers and treat them fairly

You must treat customers fairly and act in their interests at all times and deal transparently with any circumstances where a conflict with those interests arises

You must observe proper standards of market conduct

You must follow the rules and standards set and expected by the market and not engage in behaviours that could be construed to be market manipulation or anti-competitive

You must act to deliver good outcomes for retail customers

You must act in good faith to support retail customers and avoid causing foreseeable harm.