At a Glance
- Tasks: Deliver high-quality financial reporting and analysis in a dynamic banking environment.
- Company: Join a reputable bank located in the heart of Mayfair.
- Benefits: Competitive salary, professional development, and a collaborative team culture.
- Why this job: Make a real impact on financial processes and contribute to a high-performing finance function.
- Qualifications: Part-qualified or QBE Accountant with 2-3 years' banking experience.
- Other info: Opportunity to support IT transformation projects and enhance efficiency.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking an experienced Financial Accountant to join our clients Finance team in Mayfair. This role is central to delivering high‑quality financial reporting, robust analysis, and accurate execution of financial processes across the Bank. You will work closely with the Financial Controller and wider business to ensure the Bank meets all internal, external, and regulatory reporting requirements.
To be considered, you must have a minimum of 2–3 years’ experience working within a UK bank. Prepare annual statutory accounts in line with UK GAAP and manage all audit queries. Lead the monthly data submissions to External Auditors and oversee all related reviews. Produce high‑quality management information, including daily reporting, monthly management accounts, and insightful financial analysis. Oversee timely reconciliation of Nostro and Control accounts, ensuring all reconciling items are cleared promptly. Monitor and report on the reconciliation status of all general ledger accounts. Manage the submission of all HMRC tax returns, including CRS/FATCA and Corporation Tax. Recommend and support process improvements to enhance efficiency and control. Provide financial input into the Bank’s IT transformation projects. Support the Bank’s AML, financial crime, and compliance culture, ensuring full adherence to policies and escalation requirements. Ensure Treating Customers Fairly (TCF) and Consumer Duty principles are upheld. Provide ongoing support to the Financial Controller and contribute to wider departmental objectives.
Requirements (Essential)
- Part‑qualified or QBE Accountant.
- 2–3 years’ finance experience within a UK banking environment (small bank experience advantageous).
- Strong understanding of statutory reporting, reconciliations, and financial controls.
- Excellent written and verbal communication skills.
- Ability to work both independently and collaboratively across functions such as Retail, Credit, Treasury, Trade Operations, and Compliance.
- Strong analytical skills, sound judgement, and a consistent drive to deliver high‑quality work.
If you have strong financial reporting skills, thrive in a regulated banking environment, and want to contribute to a high‑performing finance function, we would love to hear from you.
Financial Accountant employer: Barbara Houghton Associates Limited
Contact Detail:
Barbara Houghton Associates Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in banking. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your financial reporting skills and understanding of UK GAAP. We recommend practising common interview questions related to financial analysis and reconciliations to show you’re the right fit.
✨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!
✨Tip Number 4
Apply through our website for the best chance at landing that Financial Accountant role. We make it easy for you to showcase your skills and experience directly to the hiring team!
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your experience in UK banking, statutory reporting, and any relevant financial controls. 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 team. Mention specific experiences that relate to the job description, like managing audit queries or producing management information.
Showcase Your Analytical Skills: Since this role requires strong analytical skills, don’t forget to include examples of how you've used these in your previous roles. Whether it's through financial analysis or reconciliations, we want to see your thought process!
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 Barbara Houghton Associates Limited
✨Know Your Numbers
Brush up on your financial reporting skills and be ready to discuss your experience with UK GAAP. Be prepared to share specific examples of how you've managed statutory accounts and handled audit queries in your previous roles.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing past projects where you produced insightful financial analysis or management information. Use concrete examples to illustrate how your insights led to process improvements or better decision-making.
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory requirements relevant to the banking sector, especially around HMRC tax returns and compliance. Being able to articulate your understanding of these regulations will show that you're not just a numbers person but also aware of the bigger picture.
✨Collaborate and Communicate
Highlight your ability to work collaboratively across different functions. Prepare examples of how you've effectively communicated with teams like Retail, Credit, or Compliance to achieve common goals. Strong communication skills are key in this role!