At a Glance
- Tasks: Lead financial controls and governance while managing taxes and general ledger for the branch.
- Company: Join a prestigious international corporate bank with a strong presence in London.
- Benefits: Enjoy competitive salary, career growth opportunities, and a dynamic work environment.
- Why this job: Be part of a vital finance function that shapes banking operations and compliance.
- Qualifications: Qualified accountant with 12 years in corporate banking and knowledge of UK regulations.
- Other info: Experience with core banking and ERP systems is a plus.
The predicted salary is between 72000 - 108000 £ per year.
Our client, an international corporate bank with a significant base in London, is looking to bolster their finance function by hiring a VP of Finance. This role would report directly into the UK business head while also reporting administratively into the global head office.
The ideal candidate would be a qualified accountant with 12 years’ experience working in the corporate banking space, with exposure to corporate banking products, UK regulations, taxation laws, and cross-border transactions.
- Take ownership of the financial controls and governance for the entity.
- Handle all direct and indirect taxes of the branch (tax reporting & management).
- Act as the branch custodian, managing the general ledger, monitoring and reporting all sundry account proofing.
Requirements:
- 10-12 years’ experience working in the finance functions of corporate banks in the UK/Europe.
- In-depth understanding and exposure to corporate banking and financial products.
- Sound knowledge of UK banking regulations.
- Bachelor’s degree in accounting/finance and accounting qualification.
- Prior experience implementing core banking and ERP systems.
VP Financial Accounting & Tax employer: Madison Pearl
Contact Detail:
Madison Pearl Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Financial Accounting & Tax
✨Tip Number 1
Network with professionals in the corporate banking sector, especially those who have experience in financial accounting and tax. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in UK regulations and taxation laws.
✨Tip Number 2
Familiarise yourself with the specific corporate banking products and services offered by our client. Understanding their offerings will not only help you in interviews but also demonstrate your genuine interest in the role and the company.
✨Tip Number 3
Prepare to discuss your experience with financial controls and governance in detail. Be ready to provide examples of how you've successfully managed direct and indirect taxes in previous roles, as this will be crucial for the position.
✨Tip Number 4
Research the core banking and ERP systems that are commonly used in the industry. If you have experience with specific systems, be prepared to discuss how you've implemented them and the impact they had on financial reporting and management.
We think you need these skills to ace VP Financial Accounting & Tax
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 12 years of experience in corporate banking, focusing on relevant roles and responsibilities. Emphasise your qualifications, particularly your accounting qualification, and any specific achievements related to financial controls and governance.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the ideal candidate for the VP Financial Accounting & Tax role. Discuss your exposure to UK regulations, taxation laws, and your experience with cross-border transactions. Be sure to convey your passion for the finance function within corporate banking.
Highlight Relevant Skills: When detailing your experience, focus on skills that align with the job description, such as managing general ledgers, tax reporting, and implementing core banking and ERP systems. Use specific examples to demonstrate your expertise in these areas.
Proofread Your Application: Before submitting your application, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a role in financial accounting and governance.
How to prepare for a job interview at Madison Pearl
✨Showcase Your Experience
Make sure to highlight your 12 years of experience in corporate banking. Be prepared to discuss specific projects or roles where you managed financial controls and governance, as this will demonstrate your capability for the VP position.
✨Understand the Regulations
Familiarise yourself with UK banking regulations and taxation laws. During the interview, be ready to discuss how these regulations impact financial reporting and management, showcasing your expertise in compliance.
✨Demonstrate Leadership Skills
As a VP, you'll need to lead teams and manage stakeholders. Prepare examples of how you've successfully led finance functions in the past, particularly in cross-border transactions, to illustrate your leadership capabilities.
✨Discuss ERP Implementation Experience
Since prior experience with core banking and ERP systems is crucial, be ready to talk about any relevant projects you've worked on. Highlight your role in implementing these systems and how they improved financial processes within your previous organisations.