Financial Accountant (Hedge Accounting & Regulatory Reporting) - Hybrid Working - £65,000pa in City of London
Financial Accountant (Hedge Accounting & Regulatory Reporting) - Hybrid Working - £65,000pa

Financial Accountant (Hedge Accounting & Regulatory Reporting) - Hybrid Working - £65,000pa in City of London

City of London Full-Time 65000 - 65000 £ / year (est.) Home office (partial)
Ashdown Group

At a Glance

  • Tasks: Join a dynamic finance team to manage hedge accounting and regulatory reporting.
  • Company: International bank in the heart of London with a collaborative culture.
  • Benefits: Competitive salary of £65,000, hybrid working, and a discretionary bonus scheme.
  • Other info: Opportunity for career growth and involvement in exciting finance projects.
  • Why this job: Gain hands-on experience in a high-performing team and influence key financial decisions.
  • Qualifications: Qualified accountant with hedge accounting experience and strong Excel skills.

The predicted salary is between 65000 - 65000 £ per year.

An international bank with a London branch in the City of London is seeking a Financial Accountant (Hedge Accounting & Regulatory Reporting) to join its finance team. Please note, this role offers hybrid working three days per week in the office and two days per week working from home.

This opportunity is ideally suited to a qualified accountant with hands-on hedge accounting experience under IFRS 9, gained within a banking or regulated financial services environment. You may currently be working as a Financial Accountant, Regulatory Accountant, Technical Accountant, Treasury Accountant, or Product Controller, and are now looking to take on a broader role within a small, high-performing finance team.

As the Financial Accountant, you will join a collaborative team of four and work closely with the Finance Manager. You will act as a key support to the Finance Manager and deputise in their absence, gaining exposure to senior-level oversight and decision-making. This is a broad, hands-on role combining financial accounting, regulatory reporting, and technical accounting, with a particular focus on hedge accounting and financial instruments.

Your key responsibilities will include:

  • Preparing and reviewing hedge accounting entries, documentation, and effectiveness assessments in line with IFRS 9
  • Supporting technical accounting matters relating to financial instruments
  • Preparing daily P&L with detailed variance analysis and commentary
  • Producing financial statements
  • Supporting the external audit process
  • Completing regulatory submissions to the Bank of England and Prudential Regulation Authority
  • Supporting Corporation Tax and VAT processes
  • Ensuring compliance with Financial Services Compensation Scheme requirements
  • Performing control and reconciliation checks across finance systems (including Flexcube)
  • Investigating and resolving accounting queries within the Trial Balance
  • Contributing to ongoing finance projects and process improvements

The ideal candidate will have proven hedge accounting experience within banking or financial services, along with a strong understanding of IFRS 9 and financial instruments. Experience of PRA / Bank of England regulatory reporting and statutory reporting is highly desirable. You will be a qualified accountant (ACA, ACCA, or CIMA), with strong Excel skills and a proactive, detail-oriented approach.

You will be confident working both independently and as part of a small team, with strong communication skills and the ability to engage effectively with stakeholders across finance and, where relevant, treasury functions.

The salary on offer is up to £65,000 per annum, plus a benefits package which includes a discretionary bonus scheme.

Financial Accountant (Hedge Accounting & Regulatory Reporting) - Hybrid Working - £65,000pa in City of London employer: Ashdown Group

Join an international bank in the heart of London, where you will thrive in a dynamic and collaborative finance team. With hybrid working options, a competitive salary of £65,000, and a comprehensive benefits package including a discretionary bonus scheme, this role offers not just a job but a pathway for professional growth and development in a supportive environment. Experience the unique advantage of working closely with senior management while contributing to impactful financial projects in a high-performing team.
Ashdown Group

Contact Detail:

Ashdown Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Accountant (Hedge Accounting & Regulatory Reporting) - Hybrid Working - £65,000pa in City of London

Network Like a Pro

Get out there and connect with people in the finance industry! Attend networking events, join relevant LinkedIn groups, and don’t be shy about reaching out to former colleagues or classmates. You never know who might have a lead on that perfect Financial Accountant role.

Ace the Interview

Prepare for your interviews by brushing up on your technical knowledge, especially around hedge accounting and IFRS 9. Practice common interview questions and think of examples from your past work that showcase your skills. Remember, confidence is key!

Showcase Your Skills

When you get the chance, highlight your hands-on experience with financial instruments and regulatory reporting. Use specific examples to demonstrate how you've tackled challenges in previous roles. This will help you stand out as a candidate who can hit the ground running.

Apply Through Our Website

Don’t forget to check out our website for the latest job openings! Applying directly through us not only makes it easier for you but also shows your enthusiasm for joining our team. Let’s get you that Financial Accountant position!

We think you need these skills to ace Financial Accountant (Hedge Accounting & Regulatory Reporting) - Hybrid Working - £65,000pa in City of London

Hedge Accounting
IFRS 9
Regulatory Reporting
Financial Instruments
Financial Accounting
Technical Accounting
Variance Analysis
Financial Statements Preparation
External Audit Support
Regulatory Submissions
Corporation Tax Processes
VAT Processes
Control and Reconciliation Checks
Excel Skills
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Financial Accountant role. Highlight your hedge accounting experience and any relevant qualifications like ACA, ACCA, or CIMA. We want to see how you fit into our finance team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background in regulatory reporting and financial instruments makes you the perfect fit. We love seeing your personality come through!

Showcase Your Technical Skills: Since this role involves a lot of technical accounting, be sure to mention your proficiency with IFRS 9 and any experience with financial systems like Flexcube. We’re looking for someone who can hit the ground running, so let us know what you bring to the table!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing candidates take the initiative!

How to prepare for a job interview at Ashdown Group

Know Your Hedge Accounting Inside Out

Make sure you brush up on your hedge accounting knowledge, especially under IFRS 9. Be prepared to discuss specific examples from your past experience where you've applied these principles, as this will show your expertise and confidence in the subject.

Showcase Your Regulatory Reporting Skills

Since this role involves regulatory submissions, be ready to talk about your experience with PRA and Bank of England reporting. Highlight any challenges you've faced and how you overcame them, as this demonstrates your problem-solving abilities and attention to detail.

Prepare for Technical Questions

Expect some technical questions related to financial instruments and accounting standards. Practise explaining complex concepts in simple terms, as this will showcase your communication skills and ability to engage with stakeholders effectively.

Demonstrate Team Collaboration

This position is part of a small finance team, so be prepared to discuss how you've worked collaboratively in the past. Share examples of how you've supported your colleagues or contributed to team projects, as this will highlight your teamwork skills and adaptability.

Financial Accountant (Hedge Accounting & Regulatory Reporting) - Hybrid Working - £65,000pa in City of London
Ashdown Group
Location: City of London

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