Assistant Management Accountant

Assistant Management Accountant – 12-Month FTC (Cheltenham / Hybrid)

About the Client:
A UK Government and insurer-backed reinsurance scheme that makes flood cover more accessible and affordable. With a mission running until 2039, Flood Re supports the insurance market with risk pooling and premium stabilisation. The team is motivated, inclusive, and focused on financial control and operational excellence.

Role Overview:
You’ll join a finance team of 18, reporting to the Management Accountant and supporting wider FP&A activities. This is a hands-on role with around 70% focus on Accounts Payable, managing 150-200 monthly invoices, and handling expenses/credit cards for about 25 people. You will also assist with budgeting, reporting, and contribute to finance projects such as IFRS 17 implementation and invoicing automation.

Key Responsibilities:

• Manage AP invoice processing and payments
• Support expense and credit card reconciliations
• Assist in producing quarterly finance packs for Exec/Committee/Board
• Help develop operational plans and reforecasts
• Support external reporting (e.g., DEFRA, S&P, OBR)
• Maintain procedural manuals and act as first contact for finance queries
• Provide cover for Finance Assistant as needed
• Contribute to IFRS 17 project and automation initiatives

Candidate Profile:

• Part-qualified accountant (CIMA, ACCA, ACA) ideally with insurance experience
• Strong Excel skills (pivot tables, V-Lookups) essential; experience with SUN GL system beneficial
• Proactive, motivated, with a “can-do” attitude and great initiative
• Strong analytical mindset and ability to balance detail with bigger picture
• Excellent communication and relationship management skills
• Flexible and adaptable in a hybrid working environment

Why Work for them?

• Opportunity to work on impactful, high-profile insurance finance projects
• Supportive, inclusive team with emphasis on personal development
• Flexible working options and hybrid setup
• Be part of a scheme with significant government and industry backing