Financial Accountant

Financial Accountant

Chester Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Dive into financial products and produce key reports while collaborating with colleagues.
  • Company: Join Bank of America, a leader in financial services committed to responsible growth and inclusivity.
  • Benefits: Enjoy private healthcare, flexible benefits, and opportunities for community volunteering.
  • Why this job: Gain industry experience, develop a professional network, and thrive in a supportive learning environment.
  • Qualifications: A genuine interest in finance, strong attention to detail, and ideally a 2:1 degree or equivalent.
  • Other info: No prior financial services experience needed; comprehensive training provided.

The predicted salary is between 28800 - 48000 £ per year.

Job Description:

Job Title : Financial Accountant

Corporate Title :Officer/ Assistant Vice President

Location: Chester

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We\’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

The Role:

  • Gain an in-depth understanding of the financial products, market risk profile and risk mitigation techniques and strategies
  • Be responsible for producing and reviewing daily/monthly Profit & Loss and Balance Sheet, including month end close process
  • Partner with colleagues across the bank to investigate and resolve accounting issues
  • Validate our reporting to external regulators
  • Provide financial insight and partner with Trading colleagues to optimise business performance
  • Engage in ad-hoc project work to drive efficiency and enhancement to our routines

Why Join Global Markets Finance in Chester?

  • Industry Experience – Practically apply accounting skillsets within a dynamic industry and fast paced environment.
  • Market Insight – Develop an understanding of the structure of global markets and their impact on our daily trading flows.
  • Data Driven Approach – Learn to develop with Emerging Technology tools that provide cutting edge insight into the data that drives our business.
  • Professional Network – Exposure to senior leaders across the organisation allowing associates to build profile and a network of key contacts.
  • Progression & Promotion – High focus on talented employees with a tailored approach to ensure every individual is given opportunities to progress their career.
  • Internal Mobility – High levels of engagement with multiple groups and a strong track record in placing employees into roles across our global organisation.
  • Supportive Learning Environment – Role specific learning and development opportunities to ensure associates are agile and develop a highly transferrable skillset.
  • Culture of Openness and Integrity – Open and transparent discussion at all levels of key matters as they arise.
  • Corporate Social Responsibility – A culture of caring with opportunities to volunteer our time and skills for the benefit of our local community.

What we look for?

Essential

  • A genuine interest in our business and intellectual curiosity
  • A passion for serving our clients and the communities in which we work
  • Personal integrity and accountability, ability to review, debate and challenge processes
  • Proactive and strong attention to detail, with strong organisational skills to effectively manage competing deadlines and pro-active management escalation
  • Ability to bring your authentic self to work every day
  • Respect for our core values; deliver together, act responsibly, realize the power of our people and trust the team

Preferred

  • 2:1 from a UK University (or equivalent)
  • Qualified/part qualified accountant (ACCA, ACA, CIMA or equivalent)
  • Rich and varied experiences from a range of backgrounds
  • Advanced Excel skills
  • Understands and applies knowledge of financial concepts, principles, products, and other relevant financial information

It is not necessary for new recruits to have worked in financial services previously as industry specific knowledge can be learned on the job. In addition, you will attend a structured learning programme which provides insight into the financial products we trade and the markets in which we operate.

All new hires will also undertake a formal on-boarding programme with a focus on navigating our organisation and ongoing support to ensure a smooth transition into the working environment of our firm.

Benefits of working at Bank of America:

UK

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
  • 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
  • Access to an Employee Assistance Program for confidential support and help for everyday matters
  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
  • Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK\’s most iconic cultural institutions and exhibitions.
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It\’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. #J-18808-Ljbffr

Financial Accountant employer: BMO Harris Bank

Bank of America is an exceptional employer, offering a dynamic work environment in Chester that combines the beauty of its surroundings with a commitment to employee growth and well-being. With a strong focus on diversity and inclusion, competitive benefits, and ample opportunities for professional development, employees can thrive both personally and professionally while making a meaningful impact in the financial sector.
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Contact Detail:

BMO Harris Bank Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Accountant

✨Tip Number 1

Familiarise yourself with the financial products and market risk profiles relevant to Bank of America. Understanding these concepts will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with current employees or alumni who work at Bank of America. Engaging with them can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.

✨Tip Number 3

Stay updated on current trends in the financial sector, especially those affecting global markets. This knowledge can help you articulate how you can contribute to the team and the organisation's goals.

✨Tip Number 4

Prepare for potential case studies or practical assessments that may be part of the interview process. Practising these scenarios can enhance your problem-solving skills and show your proactive approach to challenges.

We think you need these skills to ace Financial Accountant

Financial Reporting
Profit & Loss Analysis
Balance Sheet Management
Accounting Principles
Attention to Detail
Organisational Skills
Excel Proficiency
Regulatory Compliance
Problem-Solving Skills
Communication Skills
Team Collaboration
Data Analysis
Project Management
Integrity and Accountability

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 accounting qualifications, such as ACCA or ACA, and any specific financial software you are proficient in.

Craft a Compelling Cover Letter: Write a cover letter that showcases your genuine interest in Bank of America and the Financial Accountant position. Mention how your background and experiences make you a great fit for their team and culture.

Highlight Relevant Skills: In your application, focus on key skills mentioned in the job description, such as attention to detail, organisational skills, and the ability to manage competing deadlines. Provide examples of how you've demonstrated these skills in previous roles.

Showcase Your Passion: Express your passion for finance and your commitment to serving clients and communities. This aligns with Bank of America's values and can set you apart from other candidates.

How to prepare for a job interview at BMO Harris Bank

✨Understand the Financial Landscape

Before your interview, make sure you have a solid grasp of the financial products and market risk profiles relevant to the role. Research Bank of America's position in the market and be prepared to discuss how these factors influence accounting practices.

✨Showcase Your Attention to Detail

As a Financial Accountant, attention to detail is crucial. Be ready to provide examples from your past experiences where your meticulous nature helped resolve accounting issues or improved processes. This will demonstrate your proactive approach and organisational skills.

✨Demonstrate Your Passion for Client Service

Bank of America values a passion for serving clients and communities. Prepare to share instances where you've gone above and beyond to meet client needs or contributed positively to your community, showcasing your alignment with their core values.

✨Prepare for Technical Questions

Expect technical questions related to accounting principles and financial concepts. Brush up on your knowledge of advanced Excel functions and be ready to discuss how you've applied these skills in previous roles. This will highlight your qualifications and readiness for the position.

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