Financial Accountant - BANKING

Financial Accountant - Banking

• Location: London, UK
• Job Type: Full-time, Hybrid
• Salary: Up to £55,000
• Start Date: Immediate

We are seeking a proactive and detail-oriented Financial Accountant to join our dynamic team. This role involves preparing financial reports, supporting regulatory requirements, and managing new project initiatives under the supervision of the Assistant Head of Accounts and CFO.

Day-to-day of the role:

• Prepare the Head Office financial reporting pack including monthly, quarterly, and annual returns.
• Support the financial reporting function and assist the Regulatory Accountant.
• Assist in the completion of new initiatives and audit action items.
• Manage new project initiatives and document procedures.
• Prepare monthly Head Office Questionnaire, reconciliation reports, and various financial reports.
• Conduct daily Nostro Reconciliations and monitor Accounts Department suspense accounts.
• Manage the accruals and prepayments process and ensure task descriptions are up-to-date and reviewed.
• Classify all new accounts opened and prepare daily Cost of Funds (COF) reports and quarterly general provision calculations.
• Prepare monthly CAPEX utilisations.

Required Skills & Qualifications:

• Strong analytical skills and the ability to interpret new accounting requirements including applicable US GAAP.
• Experience in financial reporting and project management.
• Knowledge of regulatory compliance and standards including UK Regulators’ Conduct Rules.
• Proficiency in writing procedures and improving accounting control functions.
• Good working knowledge of bank procedure manuals and regulatory requirements.
• Ability to attend training courses to maintain professional development.

Benefits:

• Competitive salary package.
• Opportunities for professional growth and development.
• Supportive and dynamic work environment.

To apply for this Financial Accountant position, please submit your CV and a cover letter detailing your relevant experience and why you are interested in this role.