Client Profile:
International Bank based in Central London. Looking for an experience finance professional to join their team to take ownership of the financial reporting duties. Line management of one report and a direct channel into HoF & CFO.
Key Focus Areas:
Financial Reporting:
Prepare and oversee the preparation of financial reports (balance sheets, income statements, cash flow statements) ensuring compliance with UK GAAP/IFRS.
Financial Analysis:
Perform timely financial analysis to explain variances, trends, and key metrics to aid management decision-making.
Tax and VAT Compliance:
Oversee the preparation of tax returns, quarterly tax payments, VAT returns, and the yearly BBSI return.
Audit Support and Financial Statements:
Prepare disclosure notes for the annual financial statements and collaborate with external auditors to complete the audit.
Internal Controls:
Establish and maintain internal controls over financial reporting to ensure data accuracy and reliability.
Staff Supervision:
Supervise and guide the Assistant Manager, Finance, including reviewing their tasks and providing professional development support.
Regulatory Reporting:
Assist with the completion of regulatory returns (e.g., FINREP) and other relevant reports.
Process and Control Improvements:
Identify and implement improvements to financial reporting processes and internal controls.
Compliance:
Ensure compliance with financial reporting laws, regulations, and data integrity in core systems.
Holiday and Ad-hoc Cover:
Provide cover for key roles (Chief Accountant, Manager, Group Reporting) and assist with ad-hoc requests.
Experience/Background
* Qualified accountant (no preference)
* Good experience and has potentially
* Banking experience required (ideally you will have current experience but track record also of interest)
* Experience in preparation of financial accounts (including knowledge of FRS 102 and where possible IFRS 9)
* Experience in preparation of corporation tax and VAT matters.
* Regulatory reporting experience and knowledge of FINREP is highly desirable
* Team management for 1 direct report - prior experience useful but not essential