At a Glance
- Tasks: Join our Treasury Accounting team to maintain financial records and ensure accurate reporting.
- Company: Dynamic bank with a focus on innovation and teamwork.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative culture with excellent training and career advancement opportunities.
- Why this job: Make an impact in finance while developing your skills in a supportive environment.
- Qualifications: Degree level education, ACA qualified or equivalent, with strong accounting experience.
The predicted salary is between 55000 - 65000 £ per year.
A member of the Bank's Treasury Accounting team who maintain the financial records for the Bank's Treasury department.
In this role, the Associate correctly applies the relevant accounting rules and provides meaningful and appropriate financial reporting, with special focus on ensuring the accuracy of both Treasury front office reporting, and IFRS‑compliant financial statement reporting for the Treasury portfolio.
- Accountabilities & Responsibilities
- Prepares sections of the year‑end financial statements with all required disclosures and notes accurately and to a tight deadline.
- Prepares periodic internal financial management reporting, including daily front office reporting issued to Treasury to assist in management of the Bank's market risk.
- Assesses the impact of the latest IFRS accounting standards on the Bank’s financial statements to ensure compliance.
- Ensures the accounting policies of the Bank are up‑to‑date and consistent with IFRS.
- Undertakes investigations and inspections of data in accordance with established procedures to identify and quantify potential accounting postings required.
- Maintains the accounting and reporting systems, files and other records required for the Bank to ensure accurate and timely information.
- Reviews transactions booked in front office systems and posted to the accounting systems for accuracy and appropriateness.
- Liaises with Operations and front office teams to resolve booking issues.
- Identifies solutions to non‑standard tasks/queries.
- Provides advice to internal clients relating to relevant financial products or transactions.
- Contributes to the development of procedures to ensure the accounting department best responds to the needs of the Bank.
- Reviews and signs off team members’ journals to ensure accuracy.
- Supervises and trains new team members and year‑end temporary staff to create a team that can meet its objectives.
- Produces work in compliance with the Bank's Internal Controls Framework.
- Liaises with internal and external auditors and responds to their queries.
- Supports the team in the delivery of the Compass transformation project, including contribution to process design, system testing, data migration and implementation activities.
- Other ad‑hoc tasks as allocated by the line manager.
Qualifications
- Educated to degree level, ACA qualified or equivalent, preferably with additional experience or training in financial markets and treasury products.
- Significant relevant accounting experience, preferably in a Financial Services setting with Treasury experience.
- Fluent English language skills, both verbal and written.
- Statutory financial accounts preparation and/or audit experience on financial accounts.
- Strong numerical and financial skills with the ability to interpret financial information.
- Strong data analysis skills and experience with Tableau, Power BI or other data visualisation tools.
- Fully competent in own practise area.
- Working knowledge of International Financial Reporting Standards.
- Strong computer skills with emphasis on Excel.
- Experience with SAP or an equivalent accounting system preferable.
- #J-18808-Ljbffr
Associate, Treasury Accounting employer: European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development is an exceptional employer, offering a dynamic work culture that prioritises employee well-being and professional growth. Located in the vibrant city of London, we provide comprehensive training opportunities and a supportive environment where your contributions to health and safety initiatives are valued. Join us to make a meaningful impact while enjoying the benefits of working in a diverse and inclusive organisation.
Contact Details:
European Bank for Reconstruction and Development Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Associate, Treasury Accounting
✨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.
✨Connect on Professional Platforms
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 European Bank for Reconstruction and Development. 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 Associate, Treasury Accounting
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 European Bank for Reconstruction and Development.
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 European Bank for Reconstruction and Development'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 European Bank for Reconstruction and Development
✨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 European Bank for Reconstruction and Development.
✨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 European Bank for Reconstruction and Development 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 European Bank for Reconstruction and Development 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.
