Trainee Regulatory Reporting and Management Accountant in Epsom
Trainee Regulatory Reporting and Management Accountant

Trainee Regulatory Reporting and Management Accountant in Epsom

Epsom Trainee 28000 - 35000 £ / year (est.) No home office possible
Family Building Society

At a Glance

  • Tasks: Assist in regulatory reporting and management accounting tasks, ensuring accuracy and compliance.
  • Company: Join a leading financial services firm focused on innovation and growth.
  • Benefits: Gain valuable experience, competitive salary, and opportunities for professional development.
  • Other info: Dynamic team environment with opportunities for career advancement.
  • Why this job: Kickstart your career in finance with hands-on experience in regulatory reporting and management accounting.
  • Qualifications: Strong analytical skills, attention to detail, and proficiency in MS Excel required.

The predicted salary is between 28000 - 35000 £ per year.

Key responsibilities of the role

  • Regulatory Reporting
  • Assist in the preparation of quarterly/monthly COREP and FINREP returns for review.
  • Assist in the 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 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.
    • Assist in the 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.
    • Prepare ad-hoc 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.
  • General
    • Assist in project work.
    • Assist in the liaison with 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 fully involved, ensuring 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 – desirable.
    • Financial services background – desirable.
    • Accounting knowledge or experience – desirable.
    • Regulatory reporting knowledge or experience – desirable.

    Trainee Regulatory Reporting and Management Accountant in Epsom employer: Family Building Society

    As a Trainee Regulatory Reporting and Management Accountant, you will thrive in a dynamic work environment that prioritises employee development and collaboration. Our company offers comprehensive training programmes, a supportive team culture, and opportunities for career advancement, all while being located in a vibrant area that fosters both professional and personal growth. Join us to be part of a forward-thinking organisation that values innovation and excellence in the financial services sector.
    Family Building Society

    Contact Detail:

    Family Building Society Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Trainee Regulatory Reporting and Management Accountant in Epsom

    ✨Tip Number 1

    Network like a pro! Reach out to people in the finance and regulatory reporting sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have a lead on your dream job!

    ✨Tip Number 2

    Show off your skills! Create a portfolio that highlights your analytical and numerical abilities. Include examples of your work with Excel and any relevant projects. This will give potential employers a taste of what you can bring to the table.

    ✨Tip Number 3

    Prepare for interviews by brushing up on your knowledge of regulatory reporting and management accounting. Be ready to discuss how you’ve handled large data sets and met tight deadlines in the past. Confidence is key!

    ✨Tip Number 4

    Don’t forget to apply through our website! We’re always on the lookout for talented individuals like you. Keep an eye on our job postings and make sure your application stands out by tailoring it to the specific role.

    We think you need these skills to ace Trainee Regulatory Reporting and Management Accountant in Epsom

    Analytical Skills
    Numerical Skills
    Attention to Detail
    Written Communication Skills
    Verbal Communication Skills
    Time Management
    Teamwork
    MS Excel
    Process Change Management
    Product Knowledge (Mortgages and Savings)
    Financial Services Knowledge
    Accounting Knowledge or Experience
    Regulatory Reporting Knowledge or Experience

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your analytical skills and any relevant experience in regulatory reporting or management accounting to catch our eye!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Don’t forget to mention your attention to detail and ability to work under pressure.

    Showcase Your Excel Skills: Since advanced Excel skills are a must, consider mentioning specific projects where you've used Excel to manage data or create reports. We love seeing how you’ve tackled large datasets in the past!

    Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

    How to prepare for a job interview at Family Building Society

    ✨Know Your Numbers

    Brush up on your analytical and numerical skills before the interview. Be prepared to discuss how you've dealt with large data sets in the past, as this role requires a high level of accuracy and attention to detail.

    ✨Master Excel

    Since advanced MS Excel skills are a must for this position, make sure you can confidently talk about your experience with Excel. Consider preparing examples of how you've used Excel to enhance reporting processes or manage data effectively.

    ✨Understand Regulatory Reporting

    Familiarise yourself with COREP, FINREP, and other regulatory returns. Being able to discuss these topics will show that you're proactive and understand the key responsibilities of the role.

    ✨Show Your Team Spirit

    This role requires a good team player who can also work independently. Be ready to share examples of how you've collaborated with others in previous roles, and how you’ve taken responsibility to meet deadlines while supporting your team.

    Trainee Regulatory Reporting and Management Accountant in Epsom
    Family Building Society
    Location: Epsom

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