IBA Accounts Lead
Are you an experienced Insurance Broking Accounting (IBA) professional ready to take the next step in your career? We''re looking for a confident, solutions-focused Accounts Lead to oversee our clients IBA function, drive continuous improvement across their broking systems, and lead a high-performing team.This is a pivotal role within a business based in Borehamwood, ensuring the smooth running of daily accounting operations, maintaining robust financial controls, and supporting the company''s growth with accurate, insightful reporting.What you''ll be doingOversee all elements of Insurance Broking Accounting (IBA), including:Daily and monthly bank reconciliations across statutory, non-statutory, and risk transfer accountsProcessing of premiums, claims, commissions, return premiums, and feesBordereaux reporting and reconciliationMaintaining accurate insurer and client ledger balancesMonitoring cash collection, settlements, and credit controlEnsure full compliance with CASS rules and all Client Money regulationsManage risk transfer arrangements and non-statutory trust accountsMaintain strong financial controls to minimise risk and ensure regulatory complianceLead improvements and enhancements across multiple broking platformsDefine and validate finance-related technical specificationsOversee User Acceptance Testing (UAT) and ensure successful system implementationReview and streamline processes for greater efficiency, accuracy, and controlLine manage, coach, and develop the IBA
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