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

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

Full-Time 65000 - 65000 £ / year (est.) No home office possible
Ashdown Group

At a Glance

  • Tasks: Prepare hedge accounting entries and support regulatory reporting in a dynamic finance team.
  • Company: Join an international bank with a collaborative culture in the heart of London.
  • Benefits: Enjoy a competitive salary, hybrid working, and a discretionary bonus scheme.
  • Other info: Be part of a small team with opportunities for professional growth and development.
  • Why this job: Gain exposure to senior-level decision-making while making a real impact in finance.
  • Qualifications: Qualified accountant with hedge accounting experience and strong IFRS 9 knowledge.

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. This role offers hybrid working: three days per week in the office and two days per week from home. The position is suited for a qualified accountant with hands-on hedge accounting experience under IFRS 9 in a banking or regulated financial services environment.

As the Financial Accountant you will join a collaborative team of four, work closely with the Finance Manager, act as a key support and deputise in their absence, and gain exposure to senior-level oversight and decision-making.

Key Responsibilities
  • Prepare and review hedge accounting entries, documentation and effectiveness assessments in line with IFRS 9.
  • Support technical accounting matters relating to financial instruments.
  • Prepare daily P&L with detailed variance analysis and commentary.
  • Produce financial statements and support the external audit process.
  • Complete regulatory submissions to the Bank of England and Prudential Regulation Authority.
  • Support Corporation Tax and VAT processes, and ensure compliance with Financial Services Compensation Scheme requirements.
  • Perform control and reconciliation checks across finance systems (including Flexcube).
  • Investigate and resolve accounting queries within the trial balance.
  • Contribute to ongoing finance projects and process improvements.
Qualifications
  • Proven hedge accounting experience within banking or financial services.
  • Strong understanding of IFRS 9 and financial instruments.
  • Experience of PRA / Bank of England regulatory reporting and statutory reporting is highly desirable.
  • Qualified accountant (ACA, ACCA or CIMA).
  • Strong Excel skills.
  • Proactive, detail-oriented approach.
  • Confident working independently and as part of a small team, with strong communication skills and ability to engage effectively with stakeholders.

Salary: up to GBP 65,000 per annum, plus a benefits package which includes a discretionary bonus scheme.

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

Join an esteemed international bank in the heart of London, where you will thrive in a dynamic and collaborative finance team. With hybrid working options, competitive salary, and a comprehensive benefits package including a discretionary bonus scheme, this role not only offers professional growth through exposure to senior-level decision-making but also fosters a supportive work culture that values your contributions and encourages continuous development.
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

Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work in hedge accounting or regulatory reporting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on IFRS 9 and hedge accounting specifics. We recommend creating a cheat sheet of key concepts and examples from your past experience to showcase your expertise when it counts.

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.

Tip Number 4

Apply through our website for a smoother process! We’ve streamlined our application system to make it easier for you to showcase your skills and experience. Plus, it gives us a chance to see your application first-hand!

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

Hedge Accounting
IFRS 9
Financial Instruments
Regulatory Reporting
PRA Reporting
Bank of England Compliance
Statutory Reporting
Financial Statement Preparation
Variance Analysis
External Audit Support
Excel Skills
Attention to Detail
Communication Skills
Team Collaboration
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your hedge accounting experience and any relevant qualifications like ACA, ACCA, or CIMA. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our finance team. Mention your hands-on experience with IFRS 9 and how you can contribute to our collaborative environment.

Showcase Your Technical Skills: Don’t forget to highlight your strong Excel skills and any experience with regulatory reporting. We love detail-oriented candidates who can handle complex financial instruments, so make sure to showcase that in your application!

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’re considered for the role. Plus, it shows you’re keen on joining our team!

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 that demonstrate your hands-on skills and understanding of financial instruments.

Familiarise Yourself with Regulatory Reporting

Since this role involves regulatory submissions to the Bank of England and PRA, it’s crucial to understand these processes. Research recent changes in regulations and be ready to talk about how you've navigated similar requirements in previous roles.

Showcase Your Excel Skills

Excel is a key tool in finance, so be prepared to discuss your proficiency. Think of specific instances where you've used Excel for data analysis or reporting, and if possible, practice some common functions or formulas that might come up during the interview.

Demonstrate Team Collaboration

This position requires working closely with a small team and engaging with stakeholders. Prepare examples that highlight your ability to work collaboratively, support your colleagues, and communicate effectively, especially in high-pressure situations.

Financial Accountant (Hedge Accounting & Regulatory Reporting) - Hybrid Working - £65,000pa
Ashdown Group

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>