Job Description

About the company

Steamship Mutual is a P&I insurance company, with 240 employees worldwide. The Steamship Cyprus office is located at the Vashiotis Ikos Centre in Limassol.

Overall Job Purpose:

The Junior Trainee Accountant (ACA Trainee) will play a key role in supporting the Finance function of one of Cyprus’s largest insurers and a leading Global Protection & Indemnity Club committed to being the shipping industry’s most trusted and valued P&I insurer. The role is designed for a high‑calibre graduate who is eager to develop strong technical accounting foundations while progressing toward the ICAEW ACA qualification.

Requirements

Key Responsibilities:

• Maintain accurate accounting records and process payments and expenses.
• Perform bank reconciliations.
• Complete month end activities and prepare management accounts.
• Prepare year‑end financial statements and coordinate with auditors.
• Assist with VAT returns and regulatory reporting to relevant authorities.
• Conduct due diligence checks for new payees.
• Prepare journal entries and supporting documentation.
• Support the CFO and Finance Team with group reporting and cross border initiatives.
• Carry out additional duties as required.

Person Specification:

• Qualifications: Bachelor’s degree in accounting and finance with a minimum of:

o University of Cyprus: 7.2/10

o UK Universities: 2:1 classification (60–69%)

• Strong interpersonal and communication abilities, with confidence in engaging with colleagues and clients.
• Basic proficiency in Excel and familiarity with the wider Microsoft Office environment.
• Solid understanding of core accounting principles, such as the accruals concept.
• Demonstrates curiosity, a proactive mindset, and a willingness to learn and develop.
• Excellent written and spoken English and Greek (required for effective communication within the role).

Benefits

Join Us at Steamship Mutual

• Become part of our collaborative, supportive, and friendly working environment, where you can enjoy a rewarding career with opportunities to enhance your existing skills and knowledge. We prioritise a healthy work-life balance and offer a competitive hybrid working policy.
• Our clear and transparent career pathways provide continuous support for skill enhancement and create opportunities for professional development. Additionally, we offer access to the Protection & Indemnity Qualification, created by the International Group of P&I Clubs.
• Our attractive benefits package includes private healthcare and a competitive wellbeing subsidy.

Company Values

Mutuality ensuring fairness amongst Club Members

Integrity upholding high ethical, legal, and regulatory standards

Safety and Sustainability contributing to safety of life at sea and the preservation of the environment

Transparency building strong relationships based on trust and open communication

Excellence enabling our people to realise their full potential as team members, industry experts, leaders, and managers

Collaborative embracing flexibility, diversity, and inclusivity

**Steamship Insurance Management Services Ltd is committed to providing a great service to all our members. We pride ourselves on offering a people-centred culture that provides mutual respect and support for all our staff and we welcome and encourage you to apply**