At a Glance
- Tasks: Support accounting activities and lead projects in Global Capital Markets.
- Company: Join a leading financial institution with a focus on innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic team culture with opportunities for mentorship and growth.
- Why this job: Make a real impact in finance while developing your skills and career.
- Qualifications: Bachelor's degree in Accounting and 3 years of relevant experience required.
The predicted salary is between 55000 - 65000 £ per year.
Supports all accounting-related activities, projects, analysis and/or conversions for an assigned area within Global Capital Markets (GCM). Responsible for development and management of operational accounting control functions in support of the Company accounting systems, including maintaining accounting entry flow process to support accurate and timely reconciliation of all general ledger accounts and internal and/or external reporting of financial information and regulatory reporting. Independently leads projects within or across the division and/or represents the division in enterprise-wide projects involving business partners outside the department. Conducts technical, highly complex and critical accounting-based research and analysis projects to provide management with definitive financial data and advice. Serves as mentor to less experienced staff.
Primary Responsibilities
- Support the monthly general ledger closing for an assigned area outside Finance, including analyzing and interpreting account fluctuations and monthly/quarterly reporting (could include manual processing).
- Champion monthly variance analysis, reconciliations, tests of accounting data integrity, and work paper reviews.
- Review accounting transaction documentation for completeness and accuracy; identify and work to resolve accounting issues and variances.
- Provide guidance and mentoring to less experienced personnel; provide input to the annual review process for them.
- Champion the improvement and implementation of existing processes and new processes related to the accounting for various products that enhance the efficiency and effectiveness of the department.
- Support the integration of acquired portfolios to the Bank’s general ledger.
- Create business requirements documents and functional requirements as well as test and implement these new requirements.
- Provide significant accounting and operational support throughout the department, ensuring appropriate levels of internal control.
- Complete, and at times direct, related projects and highly specialized assignments in support of department initiatives.
- Participate in and/or lead special projects related to accounting, financial reporting, regulatory reporting and/or policy and procedure review.
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
- Promote an environment that supports belonging and reflects the M&T Bank brand.
- Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
- Complete other related duties as assigned.
Scope of Responsibilities
The position works independently under general supervision. This position interacts with internal business partners as well as internal and external auditors and assists less experienced personnel on more complex issues. The position will also provide coaching and guidance to less experienced team members.
Supervisory/Managerial Responsibilities
Not applicable.
Education and Experience Required
- Bachelor’s degree in Accounting or related field with a minimum of 3 years’ post ACCA/CIMA qualification accounting experience, or in lieu of a degree, a combined minimum of 8 years’ higher education and work experience.
- Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) qualified.
- Proficient in the use of personal computers including word processing, spreadsheet presentations and industry-specific software.
- Experience in the application of Generally Accepted Accounting Principles (GAAP) principles.
- Experience in the application of International Financial Reporting Standards (IFRS) Accounting Standards.
- Experience developing and implementing financial controls.
- Detail oriented.
- Excellent understanding of financial risk, using it to critically appraise and develop processes and influence decisions.
- Outstanding written and verbal communications skills.
- Experience supervising less experienced accounting staff.
Education and Experience Preferred
- Experience in financial services accounting.
- Experience working in an agile environment.
Location: London, United Kingdom
GCM Financial Accountant II - UK employer: Dormont Manufacturing Co
M&T Bank is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee development, we provide ample opportunities for growth through mentorship and involvement in enterprise-wide projects. Our inclusive culture fosters belonging and supports a balanced work-life, making M&T Bank a rewarding place to advance your career in financial accounting.
StudySmarter Expert Advice🤫
We think this is how you could land GCM Financial Accountant II - UK
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Dormont Manufacturing Co. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace GCM Financial Accountant II - UK
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Dormont Manufacturing Co.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Dormont Manufacturing Co's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Dormont Manufacturing Co
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Dormont Manufacturing Co.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Dormont Manufacturing Co will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Dormont Manufacturing Co employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
