At a Glance
- Tasks: Join our finance team to manage month-end close and deliver insightful financial reporting.
- Company: Kensington Mortgage Company, a subsidiary of Barclays, focuses on mortgage asset origination and servicing.
- Benefits: Enjoy hybrid working, professional development opportunities, and a supportive work-life balance.
- Why this job: Be part of a diverse team that values your contributions and makes a positive impact.
- Qualifications: Qualified Accountant (ACA, ACCA or CIMA) with strong analytical skills and attention to detail.
- Other info: This is a 6-month contract role with potential for growth in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
Location: Hybrid Working - 1 Day in London, Canary Wharf
Reports to: Head of Finance Operations
Hours: Monday - Friday 09:00-17:30
Contract: Until December 2025 (PAYE only)
Join a growing finance team on a 6 months contract and play a key role in delivering accurate, timely reporting and insight across a high-profile business area.
Overall Purpose of Job
Finance Operations teams are responsible for the completion of Month End Close, the management of day to day accounting processes and accounting platforms for a number of entities, predominantly Kensington Mortgage Company Limited (KMC) and Residential Mortgage Backed Securitisations (RMBS). KMC is a wholly owned subsidiary of Barclays Bank UK PLC from 1 March 2023, and the principal activity of the Company is the origination and servicing of mortgage assets. The Company is authorised by the Financial Conduct Authority for regulated activities.
The role will report directly to Head of Finance Operations, ensuring a timely and accurate Month End Accounting and external reporting including regulatory reporting, mainly for KMC entity group account. The role will be responsible for providing support on the departmental transformational projects, such as driving continuous improvements. The role will additionally provide support for the year end & audits supports for Group and RMBS (revenue, operating expense, external funding, cash, mortgages, etc).
The role will work closely with other finance functions, including Financial Controls, Treasury, Servicing, IT, Tax at both KMC and Barclays.
Key Accountabilities
- Own the Month-end close and day to day financial accounting for the ledger
- Prepare accurate journals, reconciliations and group reporting packs
- Deliver meaningful financial insight and analysis with commentary
- Main responsibilities may include Expense Accruals, Revenue Accruals, Provisions, Mortgage Origination, Payroll, External loan reconciliation, Derivatives Accruals and Impairment.
- Provide active support on Cash accounting, ensuring that all Cash items are accounted timely and accurately. Collaborating with Treasury and Cash Bond Administrator (internal & external) and other teams.
- Manage junior accountants and provide required training and support
- Liaising with Statutory Reporting team for external audit queries; preparation of Month end Accounting information, ensuring appropriate file notes are in place.
- Work closely with Financial Planning & Analysis team, providing commentary and explanation of variances to budget
- For responsible area, ensure that relevant Standard Operating Procedures are kept up to date.
Experience, Knowledge, Skills
- Qualified Accountant (ACA, ACCA or CIMA)
- Strong technical accounting skills with experience in financial and management reporting
- Self-motivated and able to work with minimal supervision
- Worked in fast paced environments, with a flexible attitude.
- Strong analytical skills and excellent attention to detail
- Advanced Excel skills
- Ability to manage multiple tasks and to work under pressure
- Strong communication and stakeholder engagement skills
- Experience in a regulated / financial services environment would be desirable
Why Join Kensington Mortgages
At KMC our employees are the heart of our success. We strive to create workplaces that promote professional development and work-life balance. Our inclusive culture values diversity in all its forms, ensuring everyone feels respected and valued. As an equal opportunity employer, we embrace differences in gender, race, identity, ethnic origin, and sexual expression.
Ready to make a difference? If you're passionate about providing an exceptional service and want to join a team that values your contributions we'd love to hear from you! Apply today and be part of the Kensington Mortgages family and help us to continue making a positive impact in the lives of our customers.
Contact Detail:
Kensington Mortgage Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant 6th Months Contract
✨Tip Number 1
Familiarise yourself with the specific financial systems mentioned in the job description. Understanding how these systems work will not only help you during the interview but also demonstrate your proactive approach and readiness to hit the ground running.
✨Tip Number 2
Brush up on your knowledge of regulatory reporting and compliance, especially in the context of financial services. Being able to discuss relevant regulations and how they impact financial accounting will show that you're well-prepared for the role.
✨Tip Number 3
Prepare examples from your past experience that highlight your ability to manage month-end close processes and deliver accurate financial reporting. This will help you articulate your skills effectively during the interview.
✨Tip Number 4
Network with current or former employees of Kensington Mortgages or similar companies. Gaining insights into their experiences can provide you with valuable information to tailor your approach and demonstrate your genuine interest in the company culture.
We think you need these skills to ace Financial Accountant 6th Months Contract
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Financial Accountant role. Emphasise your qualifications (ACA, ACCA, or CIMA) and any specific accounting software you have used.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance and your understanding of the responsibilities outlined in the job description. Mention your experience with month-end close processes and financial reporting.
Highlight Relevant Experience: In your application, focus on your previous roles in fast-paced environments and your ability to manage multiple tasks. Provide examples of how you've contributed to financial insights and analysis in past positions.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Financial Accountant.
How to prepare for a job interview at Kensington Mortgage Company
✨Know Your Numbers
As a Financial Accountant, you'll need to demonstrate strong technical accounting skills. Brush up on key financial concepts and be prepared to discuss your experience with month-end close processes, reconciliations, and financial reporting.
✨Showcase Your Analytical Skills
Highlight your analytical abilities during the interview. Be ready to provide examples of how you've delivered meaningful financial insights and analysis in previous roles, especially in fast-paced environments.
✨Familiarise Yourself with Regulatory Requirements
Since the role involves working in a regulated environment, it's crucial to understand relevant regulations and compliance standards. Be prepared to discuss your experience with regulatory reporting and how you ensure accuracy in financial statements.
✨Demonstrate Team Collaboration
The position requires collaboration with various teams, including Treasury and Financial Planning & Analysis. Share examples of how you've successfully worked with cross-functional teams and managed stakeholder relationships in your past roles.