Senior Financial Accountant
Department: Finance
Employment Type: Fixed Term - Full Time
Location: UK - London
Reporting To: Richard Cothay
Description
We’re looking for a Senior Financial Accountant to play a key role in ensuring the accuracy, completeness and integrity of financial data across all CFC insurance-related activities. You’ll own and improve core technical accounting areas—making sure results are accurately captured, explained and reported to CFC and Group stakeholders.
You will focus on preparing and reviewing CFC financial results in line with FRS 103 and applicable accounting standards, ensuring accurate mapping from CFC source systems to the general ledger.
About the role
Your responsibilities will include but are not limited to:
- Prepare and coordinate CFC MI reporting packs, ensuring timely delivery of accurate financial insights and operational drivers.
- Produce and contribute to CFC and Group Board Packs, providing clear, concise financial summaries with supporting analytics.
- Deliver high-quality variance analysis, commentary, and visual insights tailored to senior leadership, with specific focus on CFC portfolio performance and key movements.
- Conduct deep‑dive reviews into CFC technical balances, ratios, trends, and operational performance indicators to identify emerging risks, opportunities, and control issues.
- Ensure reconciliation differences are investigated, resolved, and documented in line with control expectations, with clear ownership and root‑cause analysis for CFC processes and data flows.
- Support ongoing enhancements to CFC finance processes, control frameworks, and documentation standards, including automation and standardisation of reconciliations and MI.
- Work closely with the Service Company team and CFC Operations to ensure alignment and accuracy of CFC financial results, data inputs, and reporting timelines.
- Partner regularly with CFC actuarial, claims, underwriting, and FP&A teams to validate assumptions, explain movements, and improve understanding of financial impacts.
- Provide clear explanations of CFC financial movements to both finance and non‑finance stakeholders, translating technical accounting outcomes into business drivers.
- Support internal and external audits (and ad‑hoc queries) with timely, accurate responses and high‑quality supporting documentation for CFC balances and processes.
About you
What are we looking for ?
- Fully qualified accountant (ACA/ACCA/CIMA or equivalent) with c. 3–5 years post‑qualification experience.
- Strong technical accounting and financial reporting capability; insurance accounting experience and knowledge of FRS 103 is highly desirable.
- Proven experience owning reconciliations, close processes, variance analysis and producing audit‑ready supporting documentation.
- Confident stakeholder manager able to explain technical movements clearly to both finance and non‑finance colleagues.
- Highly analytical with strong attention to detail and a continuous‑improvement mindset (process, controls, automation and standardisation).
Core Values
Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to make things better.
Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.
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