Department: Finance

Contract Type: Permanent

Full Time/Part Time: Full time

Reporting to: Head of Finance and Operations

Location: London office based 3 days per week, WFH 2 days



The Assistant Financial Accountant will perform essential day-to-day support on a full range of accounting duties, ensuring transparency and efficiency in all transactions, as well as performing the monthly accounting close function. The position will be fundamental in providing effective support in delivering accurate financial information to Management on a monthly and quarterly basis, in addition to assisting with the delivery of regulatory and statutory reporting.

The Assistant Financial Accountant will work closely with the Head of Finance and Operations to implement and maintain plans, processes, and policies, whilst devising and driving financial discipline across the business.

This role offers a collaborative culture with fantastic growth opportunities.


Duties and Responsibilities: include but are not limited to:
  • Assist in the preparation of monthly financial MI, investigate, report, and explain any material variances.
  • Booking of cash payments and receipts to the ledger by journal.
  • Preparation of monthly and quarterly account reconciliations including accruals, prepayments, and inter-company accounts.
  • Substantiating balance sheet and P&L accounts, ensuring compliance with UK Generally Accepted Accounting Practices.
  • Preparation of quarterly audit files.
  • Assisting with the settlement bordereaux process, ensuring bordereaux are accurate, complete, and timely.
  • Responsible for maintaining the purchase ledger, making weekly payments to suppliers.
  • Assist in the preparation of annual statutory accounts.
  • Assist in the year-end external audit process.
  • Managing the monthly accruals and prepayments process.
  • Reconciliation of currency bank accounts.
  • Assist with development of management reports.
  • Daily monitoring and reporting of bank balances and updating cash books.
  • Responsible for monthly payroll and benefit journals and reconciliations.
  • Responsible for the preparation of the half yearly RMA Return to the FCA.
  • Assist in the review and reconciliation of Lloyd’s returns for the syndicate, produced by the Managing Agency.
  • Assist in the ongoing improvements to finance processes.
  • General ledger maintenance.
  • Assisting with treasury activities.
  • Other ad hoc tasks as required.


Person specification / Core Competencies
  • 3 years+ in an insurance finance role (ideally working within an MGA or Broker).
  • Strong book-keeping knowledge.
Skills Needed:
  • Highly proficient in MS Excel, with experience of working with large data tables desirable.
  • Strong analytical skills with a high attention to detail.
  • Ability to take ownership with a “continuous improvement mind-set.”
  • Good written and verbal communication skills.
  • Good organisational skills with a proven ability to manage time effectively, prioritise tasks and work under tight deadlines calmly.

The above contains the main outline of your duties. However, in an organisation such as this, it is
inevitable that tasks may arise which do not fall within the remit of the above list of Key Tasks.
Employees are therefore required to respond with a flexible approach when tasks arise which are not
specifically covered in their job profile. Should an additional responsibility become a regular part of
an employee’s job, the Job Profile will be amended to include this.


Galejay and all its clients are inclusive employers and prides itself on the main values of honesty and integrity. If you have these qualities and wish to apply, please send your CV to Gary Forster Managing Director, at