Senior Financial Accountant

  • £65,000 - £75,000
  • London, England, United Kingdom
  • Permanent, Full time
  • B&FS Finance
  • 16 Feb 18 2018-02-16

A Global Investment Bank is seeking a Senior Financial Accountant to join the London office in a team of 4 people.

Key (closing) responsibilities include:

  • review and validation of accounting for loan and receivable positions, guarantees and facilities, and related disclosures, ensuring consistency, accuracy and substantiation of accounting ledger balances;
  • leading the resolution of accounting issues, and any upstream problems, for products or balances within scope responsibility;
  • validation of expected loss and impairment accounting and reporting;
  • analytical review of reported balances and movements, involving business, operations and risk functions where appropriate;
  • review of deliverables from the Mumbai team.

 

Outside of the above closing processes the work is focused on the following:

  • Own all aspects of the financial accounting and reporting for specific product classes, ensuring compliance with the accounting schema and group accounting policy;
  • Manage and approve chart of accounts updates;
  • Review new transactions and activity to ensure the booking meets accounting and reporting requirements;
  • Stay abreast of evolving financial reporting requirements, and provide input and sign off to changes to help address them, and;
  • Review and enhance existing operating procedures.

 

 

Qualifications

 

Essential Experience / Qualifications

 

  • Qualified Accountant (ACA or ACCA) with IFRS knowledge, specifically affecting financial services activity
  • Working in an accounting or reporting function within an investment bank;
  • Detailed understanding of Capital Markets derivative and other banking products and their representation in the financial statements, accounting for trades across the full life cycle, valuation and impairment;
  • Understanding the practical impact of IFRS9 on reporting of financial instruments;
  • Presentation to senior management on accounting and reporting topics;

 

If you wish to discuss this role in further detail and apply please send your CV to charlie.paddock@investigo.co.uk