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About the Role

We are looking for an accountant to provide accounts payable and cash management support to several key re/insurance entities and service companies within the Munich Re Group. This is an exciting opportunity for an accountant looking to work in a supportive team providing accounting services to entities generating c. £3.7bn premium and growing. The role is a FTC position (12 months) to cover for parental leave.

Responsibilities

Process vendor invoices using COUPA procure to pay system
Complete vendor reconciliations
Report on vendor, bank, customer and other balance sheet open items relevant to the team on a quarterly basis
Take a lead role in maintaining the team’s shared mailboxes, ensuring queries are responded to in a timely manner
Provide excellent customer service to our stakeholders across the entities we look after
Ensure staff and company credit card expenses are processed and reviewed in a timely and accurate manner, making use of AI expense checking tools
Process technical and non-technical payments with efficiency, accuracy and adhering to company policies
Daily, weekly and quarterly liquidity forecasting and reporting
Monitor bank accounts and liquidity levels and ensure all reporting requirements to Group are adhered to
Ensure effective communication with Group companies, investment managers at Group level and all stakeholders
Complete monthly bank reconciliations

Requirements

Experience in accounts payable, ideally in a large global organisation in which adherence to Group standards is required
Excellent customer service skills
Able to communicate clearly and concisely in person/online and in writing
Comfortable dealing with employees at all levels of seniority
Experience of applying the correct VAT treatment on transactions
Proven use of online banking tools
Microsoft Excel and Word: good level
Demonstrate inclusive behaviour and encourage your colleagues to play an active role in creating an inclusive culture
Treat your colleagues and sales and business partners fairly and with respect

Skills

Working knowledge of SAP
Working knowledge of COUPA
Microsoft Excel
Microsoft Word

Location

Work Type

Full-time
Contract

Education Level

At least full member of AAT or other equivalent finance recognised qualification

About the Company

As specialty provider of primary insurance services in the UK, Great Lakes London Branch (“GLLB”) is a substantial part of Great Lakes Insurance SE in Munich.
Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group.
Great Lakes Insurance SE operates from its headquarters in Munich, and via branch offices in UK, Ireland, Switzerland, Italy and Australia.
Great Lakes Insurance UK Limited (“GLLS”), regulated by Prudential Regulation Authority and the Financial Conduct Authority, is a fully owned subsidiary of Great Lakes Insurance SE and acts as the preferred facilitator of agency insurance business in the UK in the post-Brexit world.
Our clients are complex, diverse, and domiciled across the world. Therefore, we also need to be global, and we do this by positioning staff in strategic markets and locations as well as travelling to meet clients.
Close contacts are very important.
It is an exciting time to join our growing and evolving organisation, help us shape the future of primary insurance service provision!

Equal Opportunity

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are.
We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs.
Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.