Role: Regulatory Reporting and Management Accountant
Reports to: Financial Accounting Manager
Scope
Key responsibilities
Regulatory Reporting
• Preparation of quarterly/monthly COREP and FINREP returns for review
• Preparation of other PRA/BOE returns for review
• Assist in the maintenance and enhancement of the regulatory reporting processes, software and excel files ensuring they are kept fully up to date with regulatory reporting changes and remain fit for purpose
• Assist in ensuring procedures, assumptions and interpretations of regulatory reporting rules and guidance are fully documented and kept up to date
Management Accounting
• Assist in the preparation of month end management accounts and Board reports
• Preparation of reports for other departments.
• Assist in the maintenance and enhancement of processes, software and spreadsheets where necessary to account for changes in regulation or process changes.
• Preparation of adhoc analysis for the Financial Accounting Manager and Finance team as required.
• Assist with preparing the Annual Report and Accounts, Corporation Tax Return and iXBRL.
• Assist with the preparation of the quarterly VAT return.
• Support with technical accounting including
o The month end EIR process including but not limited to monthly reconciliations, inputting monthly data, running the monthly assessment and checking output results
o The loss provisioning process
o Hedge accounting journals and analysis
• Supporting monthly completeness and accuracy checks including balance sheet reconciliations.
General
• Carry out project work
• Assist in the liaison with external audit, internal audit, risk and compliance during periodic reviews
• Assist other departments with queries as required.
• Carry out routine administrative tasks, maintain required training and compliance, follow internal processes for leave and absence and undertake any other reasonable duties needed to support day to day operations.
Key skills/background of the candidate:
• Excellent and demonstrable analytical and numerical skills. Able to deal with large data sets
• High levels of accuracy and attention to detail
• Excellent written and verbal communication skills
• The ability to work to strict deadlines
• Good team player – willing to take responsibility and work independently as well as, getting fully involved. Making sure deadlines are met
• Advanced use of MS Excel required
• Comfortable dealing with individuals across levels of seniority
• Ability to adapt to, and help drive, process change
• Product knowledge – mortgages and savings
• Financial services background – preferably from a bank/building society
• Part/fully qualified accountant
• Good regulatory reporting technical knowledge especially around COREP reporting- desirable
Regulatory Reporting and Management Accountant in Epsom employer: Family Building Society
Family Building Society is an excellent employer, offering a supportive work culture that prioritises employee development and professional growth. With the opportunity for hybrid working after just four months, employees can enjoy a balanced work-life dynamic while engaging with a team dedicated to providing exceptional service in the mortgage and savings sector.
