Expense Accountant (9 month FTC)

Posted 3 Days Ago
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Mid level
Insurance
The Role
Perform reconciliations and journal preparation, manage accruals/prepayments, support month-end close and payment runs, maintain expense controls, vendor relationships, and ensure accuracy of expense recording in line with audit guidelines.
Summary Generated by Built In

Key Accountabilities & Role Requirements: 

  • Identify and resolve issues during reconciliation and journal preparation.
  • Assist the expense team with month end processes including accruals, prepayments and journals. Ensure a strong control environment is maintained across Expenses and AP keeping all processes in line with audit guidelines.
  • Manage accruals/prepayments and ensure expenses are recorded in the correct month
  • Support payment runs and cash flow management activities and maintain strong vendor and stakeholder relationships including outsource provider

Skills & Competencies Required: 

  • Ability to resolve problems independently whilst paying attention to detail. Understand underlying finance structures and processes
  • Insurance experience (Lloyd’s and company desirable)
  • ERP/EPM systems (essential)
  • Data reconciliation experience Adaptability and resilience – ability to work effectively under ambiguity and tight cutover timelines

Qualifications & Experience: 

  • Insurance accounting experience essential
  • Oracle experience desirable
  • Month End Experience essential 
  • Minimum 3 years’ experience in insurance accounting / planning / transformation role

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #wspi

About Us
Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products. Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of leading independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200. As a mutual insurance company with more than 3,000 employees, Westfield has revenues in excess of $4 billion and more than $10 billion in assets. 
About the Team

Westfield Specialty International Culture

Our culture is centred around three core values: Excellence, focused on high performance, agility and embracing change; Ambition, where inquisitiveness, challenge and a bold approach is encouraged; and Collaboration, delivering shared goals through collective expertise, diversity of thought and transparency. All three are underpinned by Reward & Recognition, where people are supported & respected, and success is celebrated.

Skills Required

  • Reconciliation and journal preparation experience
  • Month-end processes including accruals and prepayments
  • Maintain strong control environment and compliance with audit guidelines
  • Experience managing accruals/prepayments and ensuring correct month recording
  • Support payment runs and cash flow management
  • Insurance accounting experience (insurance industry, Lloyd's desirable)
  • Minimum 3 years' experience in insurance accounting/planning/transformation
  • ERP/EPM systems experience (essential)
  • Oracle experience
  • Data reconciliation experience and strong attention to detail
  • Adaptability and resilience to work under ambiguity and tight timelines

Westfield Insurance Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Westfield Insurance and has not been reviewed or approved by Westfield Insurance.

  • Retirement Support A defined-benefit pension alongside a 401(k) with employer contributions is presented as a standout component and an uncommon combination today. Safe-harbor style 401(k) contributions are referenced, adding reliable long-term value.
  • Leave & Time Off Breadth The package includes PTO, paid holidays, sick time, volunteer time off, and parental/caregiver leave. PTO levels are described as ample with increases over tenure and dedicated volunteer time.
  • Wellbeing & Lifestyle Benefits Wellness incentives and fitness reimbursement are available, with on-site amenities like a fitness center and cafeteria at the home office. Learning resources and recognition programs further support overall wellbeing.

Westfield Insurance Insights

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The Company
HQ: Westfield Center, Ohio
2,902 Employees

What We Do

Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products. Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of leading independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200. As a mutual insurance company with more than 3,000 employees, Westfield has revenues in excess of $4 billion and more than $10 billion in assets.

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