Job description
We’re First Central Insurance & Technology Group (First Central for short), an award-winning innovative insurance and technology organisation, delivering market-leading motor insurance, underwriting, distribution, finance, technology and legal services.
Ambitious team players can make their mark here… Sound like you? You'll fit right in.
We currently have an exciting opportunity for a Graduate to join our Finance Team in Haywards Heath, West Sussex.
To be successful in this role, you’ll need to:
- Hold a minimum 2:1 degree in a numerate or business discipline
- Demonstrate a strong interest in pursuing a career in Finance
- Be prepared to work and study simultaneously to achieve relevant professional qualifications
Job Purpose:
The Finance Graduate will benefit from rotations within a wide range of Finance disciplines (Financial Accounts, Financial Planning & Analysis, Tax, Underwriting Finance, Finance Business Partnering and Operations) whilst gaining relevant experience supporting delivery of management and financial accounting services to the business.
The post holder will be expected to study towards, and successfully achieve, a professional Accountancy Qualification during the scheme.
Job Responsibilities:
- Drives self-development including the achievement of a professional accounting qualification.
-
Develop all-round knowledge of a leading UK financial function, including:
- Assisting with the production of technical and non-technical accounts, including the preparation of monthly management accounts for P&L, balance sheet and cashflows.
- Performing key reconciliations across the balance sheet and cashflow transactions, investigation of reconciliation deficiencies, ensuring appropriate escalation and business engagement is achieved.
- Timely preparation of key schedules, returns and submissions required for direct and indirect tax.
- Supporting the annual, quarterly, and monthly timetables and process to create and monitor the expenses annual 5 Year financial plan, annual budget, quarterly forecasts, and monthly variance analysis.
- Providing financial support and challenge as part of the Business Partnering Team for areas across the business, including cost benefit analysis for initiatives and reporting on financial performance for entity Managers, Boards and Committees.
- Assisting with the production of models and estimates to assess the risks faced by the business to calculate capital requirements, reserving estimates to pay future claims liabilities, cash levels required to meet ongoing liabilities and dividend payments.
- Assisting the Finance Operations Shared Services centre to ensure transactional processing is delivered within SLA’s.
- Supporting the ongoing review and continuous improvement of financial controls, including investigations, review and recommendations for control strengthening activities.
- Work towards a permanent accounting professional or technical expert role within the company.
- Responsibility for maintaining department risk registers (as applicable), providing evidence and commentary for controls, updates for Mitigation Actions and maintaining control matrices and attestations. Also, to ensure that your employees are aware of their responsibility to identify and report risk.
- Comply with the requirements, and act in accordance with, the Group Code of Conduct and Fitness and Propriety policies at all times.
- Ensure compliance with Company Policies, Values and guidelines and other relevant standards/ regulations at all times, including compliance with the Senior Managers Certification Regime (SMCR) Conduct Rules
- Any other reasonable duties
Qualifications
- Minimum 2:1 degree in a numerate or business discipline.
Experience
- MS Office tools (in particular Excel)
Skills
- Good communication skills, both verbal and written
- Good time management and organisation skills
- Strong analytical and problem-solving skills, with the ability to adopt a logical approach to solving problems
- Strong numerical skills
Knowledge
- Good knowledge of motor insurance products and the motor insurance industry after appropriate training
- Solid understanding of the business objectives and operations
Behaviours
- Logical thinker with solid reasoning ability
- Self-motivated and enthusiastic, with an organised and pro-active approach
- Ability to work on own initiative and as part of a team
- A flexible approach and positive attitude
- Emphasis on attention to detail and accuracy
- Strives to drive business improvements to contribute to the success of the business
So, if you’re up for the challenge and would like to join our vibrant and busy team, we want to hear from you today!
We pride ourselves on being a great place to work. Check out our Glassdoor page to see what our employees think about working here.
What can we do for you?
We believe we can offer you a great working environment as we’re so passionate about our people. Here are just some of the benefits and perks that we offer…
- Fantastic training and development opportunities
- Employee benefit packages to suit your lifestyle
- Flexible working
- YOUday – we give you an extra day off to celebrate a special day
- The opportunity to take a paid day off each year to do charity work
- A health cash plan
- Help with travel expenses
- The opportunity to buy additional holiday
- Company pension scheme
- Group life assurance
- Enhanced maternity and paternity pay
- Professional subscription fees paid
Employee wellbeing is high on the agenda here too. We provide discounted membership at a local health club and access to an Employee Assistance Programme, which promotes physical and emotional wellbeing at work and at home. In addition, we provide wellbeing events throughout the year to support physical and mental health.
For further information on what we can offer and to learn more about this role, feel free to contact our dedicated Talent team.