Assistant Accountant

Prem Fina is the fastest growing and most trusted provider of insurance premium finance in the UK. We’re here to revolutionise the way people and businesses pay for insurance, helping them to spread the cost and transforming the industry for the better, by creating a world where insurance is more accessible and affordable for everyone.

In an industry that’s been run by the big corporates for years, we’re embracing the latest technology, AI and new ideas to bring a fresh approach and a better experience to our customers. We partner with brokers, providing them with innovative tools and financing options that drive business growth and enhance the customer experience.

We currently have a team of over 150 people but we still operate like a start up with a flat organisational structure and agile work environment. Along with our investors, we have ambitious growth plans for our future and joining Prem Fina means being part of a forward-thinking organisation where your ideas matter, your growth is supported, and your success is celebrated.

Ready to make an impact? Discover how you can grow your career with Prem Fina.

The Assistant Accountant will support the effective operation of the Finance function by ensuring the accurate processing of financial transactions, maintaining key reconciliations, supporting month-end reporting activities and assisting with financial controls across the business.

Reporting to the Financial Controls & Operations Manager, this role will be responsible for day-to-day finance operations, including cash allocation, bank reconciliations, accounts payable and receivable activities, broker payments and financial reporting support. The role will also contribute to maintaining a strong financial control environment, supporting audits and helping drive efficiency within finance processes.

The position offers an excellent opportunity for an ambitious finance professional looking to develop their accounting and financial control experience within a growing financial services business.

• Reconcile daily customer collections and allocate receipts accurately.
• Produce daily reports for lenders, banking partners and other external stakeholders.
• Prepare weekly bank reconciliations and investigate reconciling items.
• Maintain accurate sales and purchase ledger records.
• Process supplier invoices and ensure appropriate authorisation procedures are followed.
• Prepare broker statements and ensure payments are made in accordance with agreed payment terms.
• Support payment runs for brokers and suppliers, ensuring accuracy and timeliness.
• Assist with monitoring cash balances and transactional finance activities.
• Support the maintenance of robust financial controls and governance processes.
• Ensure finance processes are followed consistently and in line with company policies and procedures.
• Assist in identifying and resolving control issues, discrepancies and process exceptions.
• Maintain supporting documentation and audit trails for key finance processes.
• Contribute to the continuous improvement of finance controls, reporting and operational procedures.

• Prepare and post journals to support month-end close activities.
• Assist with the production of monthly management information and reporting packs.
• Perform financial analysis and investigate variances where required.
• Support the preparation and review of monthly balance sheet reconciliations.
• Assist with maintaining the integrity and accuracy of financial records.
• Support quarter-end and year-end financial reporting processes.

• Assist with the preparation of audit schedules and supporting documentation.
• Support internal and external audit requests in a…