Job Description
Description & Requirements
Role Title: Senior Accountant (FTOM)
Department: Finance
Team: Accounting Operations
Location: London
Type: FTC
About the Role:
The core focus of this role is to support the wider Accounting Operations team by contributing to the Finance Target Operating Model (FTOM) transformation program. The Senior Accountant ensures the accurate and timely inclusion of branch-level US GAAP data for all LSM entities into the US GAAP ledger. This involves assisting in the design, implementation, and embedding of enhanced processes and systems that benefit not only branch reporting but also broader accounting operations. Additionally, the Senior Accountant supports the preparation of comprehensive US GAAP branch reporting packs for local and global stakeholders, providing detailed analysis of branch-level financial data.
About the Department & Team:
Finance in Liberty Specialty Markets (LSM) consists of circa 100 FTE and has a number of key roles:
To partner the business to enhance decision making with a focus on strategy, planning, analysis and reporting. Support is provided both to the three management ‘Pillars’ and to the supporting finance functions.
To ensure that all external financial reporting requirements (statutory, regulatory, tax, capital etc) are fulfilled. LSM consists of a Lloyd’s Syndicate, a UK insurance company with European branches and a number of small service companies
To report to our US Parent on standard monthly requirements and ad-hoc requests on both a pillar and a legal basis
To ensure superior management of our investments, cash and all financial risks
To give finance operations support to the business and finance
Finance strives for continuous improvement in all areas and aims for excellent customer service, supported by quality and efficient processes, all operating within a robust control environment
Key Responsibilities:
Support the wider Accounting Operations team by actively contributing to the Finance Target Operating Model (FTOM) program, providing insights and expertise to shape improved accounting processes and tools.
Actively participate in FTOM project activities, including process design, testing, and adoption, ensuring the solutions align with branch reporting requirements and broader accounting needs.
Assist in embedding FTOM-delivered capabilities into daily branch reporting and accounting operations to promote efficiency, accuracy, and automation.
Support the accurate and timely preparation of branch-level US GAAP reporting.
Assist with coordination and booking of US GAAP branch entries in collaboration with Accounting Operations and Finance teams.
Support process improvements to reduce manual adjustments in branch reporting and wider accounting functions.
Ensure statutory and historic adjustments are correctly recorded within US GAAP ledgers.
Review and analyze branch-level entries and allocations, including inter-branch and inter-company transactions, for accurate financial reporting.
Support and compile US GAAP branch level accounts and conduct monthly reviews of Branch Reporting Packs across all LSM entities.
Support maintenance of internal controls and risk management related to branch reporting.
Collaborate with Legal Entity Reporting, FP&A, Accounts Payable, Expenses, and Tax teams across multiple locations.
Respond to queries from business partners and contribute to local and global finance transformation initiatives.
Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules ,Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing
Skills and Experience:
Qualified Accountant (required).
Experience in accounting or finance roles with an understanding of US GAAP accounting principles.
Exposure to branch or multi-entity financial reporting is preferred.
Demonstrated ability or interest in participating in finance transformation or system implementation projects, preferably FTOM or similar.
Strong analytical skills and attention to detail.
Effective communication and coordination skills to work across diverse teams, locations, and with project stakeholders.
Ability to support process improvement efforts and adapt to change, including adoption of new systems and workflows impacting both branch reporting and wider accounting operations.
Familiarity with risk management and internal control frameworks.
Proficiency in financial systems and reporting tools, with a willingness to learn and work with new technologies introduced through FTOM.
Ability to work independently and as part of a team, focusing on delivering accurate financial information.
Strong problem-solving skills and a proactive approach to identifying opportunities for efficiency gains and automation in both branch reporting and broader accounting processes.
About Liberty Specialty Markets (LSM)
Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.
Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:
Offering a vibrant and inclusive environment and committing to their career development.
Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
A supportive culture, which includes promoting a healthy work-life balance and working flexibly.
For more information, please follow the links below:
https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us
https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-inclusion-wellbeing/diversity-and-inclusion
Role Title: Senior Accountant (FTOM)
Department: Finance
Team: Accounting Operations
Location: London
Type: FTC
About the Role:
The core focus of this role is to support the wider Accounting Operations team by contributing to the Finance Target Operating Model (FTOM) transformation program. The Senior Accountant ensures the accurate and timely inclusion of branch-level US GAAP data for all LSM entities into the US GAAP ledger. This involves assisting in the design, implementation, and embedding of enhanced processes and systems that benefit not only branch reporting but also broader accounting operations. Additionally, the Senior Accountant supports the preparation of comprehensive US GAAP branch reporting packs for local and global stakeholders, providing detailed analysis of branch-level financial data.
About the Department & Team:
Finance in Liberty Specialty Markets (LSM) consists of circa 100 FTE and has a number of key roles:
To partner the business to enhance decision making with a focus on strategy, planning, analysis and reporting. Support is provided both to the three management ‘Pillars’ and to the supporting finance functions.
To ensure that all external financial reporting requirements (statutory, regulatory, tax, capital etc) are fulfilled. LSM consists of a Lloyd’s Syndicate, a UK insurance company with European branches and a number of small service companies
To report to our US Parent on standard monthly requirements and ad-hoc requests on both a pillar and a legal basis
To ensure superior management of our investments, cash and all financial risks
To give finance operations support to the business and finance
Finance strives for continuous improvement in all areas and aims for excellent customer service, supported by quality and efficient processes, all operating within a robust control environment
Key Responsibilities:
Support the wider Accounting Operations team by actively contributing to the Finance Target Operating Model (FTOM) program, providing insights and expertise to shape improved accounting processes and tools.
Actively participate in FTOM project activities, including process design, testing, and adoption, ensuring the solutions align with branch reporting requirements and broader accounting needs.
Assist in embedding FTOM-delivered capabilities into daily branch reporting and accounting operations to promote efficiency, accuracy, and automation.
Support the accurate and timely preparation of branch-level US GAAP reporting.
Assist with coordination and booking of US GAAP branch entries in collaboration with Accounting Operations and Finance teams.
Support process improvements to reduce manual adjustments in branch reporting and wider accounting functions.
Ensure statutory and historic adjustments are correctly recorded within US GAAP ledgers.
Review and analyze branch-level entries and allocations, including inter-branch and inter-company transactions, for accurate financial reporting.
Support and compile US GAAP branch level accounts and conduct monthly reviews of Branch Reporting Packs across all LSM entities.
Support maintenance of internal controls and risk management related to branch reporting.
Collaborate with Legal Entity Reporting, FP&A, Accounts Payable, Expenses, and Tax teams across multiple locations.
Respond to queries from business partners and contribute to local and global finance transformation initiatives.
Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules ,Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing
Skills and Experience:
Qualified Accountant (required).
Experience in accounting or finance roles with an understanding of US GAAP accounting principles.
Exposure to branch or multi-entity financial reporting is preferred.
Demonstrated ability or interest in participating in finance transformation or system implementation projects, preferably FTOM or similar.
Strong analytical skills and attention to detail.
Effective communication and coordination skills to work across diverse teams, locations, and with project stakeholders.
Ability to support process improvement efforts and adapt to change, including adoption of new systems and workflows impacting both branch reporting and wider accounting operations.
Familiarity with risk management and internal control frameworks.
Proficiency in financial systems and reporting tools, with a willingness to learn and work with new technologies introduced through FTOM.
Ability to work independently and as part of a team, focusing on delivering accurate financial information.
Strong problem-solving skills and a proactive approach to identifying opportunities for efficiency gains and automation in both branch reporting and broader accounting processes.
About Liberty Specialty Markets (LSM)
Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.
Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:
Offering a vibrant and inclusive environment and committing to their career development.
Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
A supportive culture, which includes promoting a healthy work-life balance and working flexibly.
For more information, please follow the links below:
https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us
https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-inclusion-wellbeing/diversity-and-inclusion
💡 Quick Summary
Seeking a career-building opportunity? The Senior Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in London offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.