At a Glance
- Tasks: Lead derivative reporting, ensuring accuracy in financial statements and compliance with IFRS standards.
- Company: Join a leading renewable energy company in London with exciting growth plans.
- Benefits: Enjoy a competitive salary, generous bonus, hybrid working, and private healthcare.
- Other info: This role offers a chance to drive change and improve processes within a key finance function.
- Why this job: Be part of a finance transformation programme and enhance your skills in a dynamic environment.
- Qualifications: Must be ACA qualified with 1-2+ years in derivatives accounting and strong IFRS knowledge.
The predicted salary is between 80000 - 120000 € per year.
Eames are partnering with a leading energy company based in the City of London to hire a Senior Derivative Reporting Accountant. Our client, already a leader within the renewable energy space, has exciting plans for growth over the coming years. This is a newly created role as part of a major finance transformation programme to build a best-in-class function with scalable, efficient processes and a strong focus on performance and control.
The successful candidate will take the lead on the reporting of all derivative positions, ensuring accuracy across monthly management accounts, quarterly shareholder reporting, and statutory filings.
Key Tasks / Responsibilities:- Financial Reporting: Prepare and present comprehensive reports on all derivative activities, including mark-to-market (MTM) valuations, profit and loss (P&L) impact, margin commentary, and valuation reserve movements.
- Regulatory Compliance: Ensure all derivative transactions are fully compliant with IFRS accounting standards, particularly IFRS 9 and IFRS 13.
- Reconciliation and Controls: Perform regular reconciliations between derivative positions, trading records, and finance systems. Investigate and resolve discrepancies efficiently.
- Audit Support: Lead the audit process related to derivatives, including preparing disclosures for financial statements and coordinate with external auditors.
- Process Improvement & Automation: Evaluate current derivative reporting processes and implement improvements to increase efficiency.
- Stakeholder Engagement: Act as the key contact point for derivative reporting within finance, collaborating closely with key business teams including Trading, Risk, and Commercial Finance.
- Team Upskilling & Knowledge Sharing: Play a central role in increasing derivative awareness and capability across the finance function.
- ACA (or equivalent) qualified with 1-2+ years' experience in a derivatives-focused accounting role
- Strong technical understanding of IFRS 9 and IFRS 13
- Proven experience working with derivatives in the energy, utilities, or oil & gas sector
- Confident communicator with the ability to engage cross-functionally and drive change
- £100,000-£115,000 + generous bonus
- 10% non-contributory pension plan
- 25 days annual leave
- Private healthcare
- Hybrid working: 2-3 days in the London office
This is an excellent opportunity for a technically strong, commercially aware accountant with experience in IFRS derivative reporting and a background in the energy, utilities, or commodities sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Reporting Accountant in London
✨Tip Number 1
Network with professionals in the energy and finance sectors. Attend industry events or webinars to connect with people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest developments in IFRS 9 and IFRS 13. Being well-versed in these standards will not only boost your confidence but also demonstrate your commitment to staying updated in your field.
✨Tip Number 3
Prepare to discuss your experience with derivatives in detail. Be ready to share specific examples of how you've handled reporting, reconciliations, and compliance in previous roles, especially within the energy sector.
✨Tip Number 4
Showcase your ability to drive process improvements. Think of instances where you've successfully implemented changes that enhanced efficiency in reporting or compliance, as this aligns with the company's focus on transformation.
We think you need these skills to ace Senior Reporting Accountant in London
Some tips for your application 🫡
Understand the Role:Read the job description thoroughly to grasp the key responsibilities and requirements. Highlight your relevant experience in financial reporting, IFRS standards, and derivatives to align with what the company is looking for.
Tailor Your CV:Customise your CV to reflect your experience in derivatives-focused accounting roles. Emphasise your technical understanding of IFRS 9 and IFRS 13, and include specific examples of your work in the energy or utilities sector.
Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for the role and the company. Mention your experience with derivative reporting and how you can contribute to their finance transformation programme. Be sure to convey your confidence in engaging cross-functionally.
Proofread Your Application:Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Senior Reporting Accountant role.
How to prepare for a job interview at Eames Consulting
✨Know Your IFRS Standards
Make sure you have a solid understanding of IFRS 9 and IFRS 13, as these are crucial for the role. Be prepared to discuss how you've applied these standards in your previous positions, especially in relation to derivatives.
✨Demonstrate Your Technical Skills
Highlight your experience with derivative reporting and any specific tools or software you've used. Be ready to provide examples of how you've improved processes or resolved discrepancies in past roles.
✨Engage with Stakeholders
Show that you can communicate effectively across different teams. Prepare examples of how you've collaborated with trading, risk, or commercial finance teams to drive change or improve reporting accuracy.
✨Prepare for Process Improvement Discussions
Think about ways you could enhance the current derivative reporting processes. Be ready to share ideas on automation or efficiency improvements that could benefit the finance function.
