Remote Senior Financial Reporting Specialist in Southampton

• Preparing monthly Group financial returns.
• Producing statutory financial statements for three UK-based entities.
• Preparing corporation tax, VAT, and other tax filings.
• Submitting IFRS-based regulatory returns to the FCA (FINREP) and the Bank of England.
• Supporting other financial and regulatory reporting requirements as needed.

The role also involves ownership of technical accounting matters and maintaining a strong governance framework over the financial reporting process, including balance sheet substantiation.

As the Bank undergoes a significant change programme, the individual will collaborate with stakeholders across the organisation to provide technical accounting support and ensure reporting processes remain robust and compliant.

• Preparing the monthly/quarterly Group Financial Reporting Pack (GFRP) for PLC and associated returns.
• Preparing other regular Head Office returns such as related parties reports, CAPEX reports, other subsidiary forecasts and tax analyses, etc.
• Liaising with Head Office for queries/issues in relation to relevant Head Office reports.
• Financial Reporting
• Preparing annual statutory report for PLC, including preparation of disclosure notes for the annual reports.
• Preparing annual account preparation for all other London-controlled subsidiaries.
• Preparing quarterly FINREP return to FCA.
• Assistance with other financial reporting related issues.
• Technical Accounting
• Preparing technical accounting papers on key judgements and issues which will be distributed to the Board Audit Committee.
• Involved in assessing impact of GAAP changes to relevant reports of PLC.
• Work closely alongside the Risk department to assess the Bank's hedge effectiveness in line with IFRS 9
• Lead the Bank's monthly Technical Working Group meetings
• Assess the adequacy of the Bank's IFRS 9 credit impairment provisions
• UK Taxation Reporting
• Preparing quarterly VAT return to HMRC under partial exemption methodology.
• Responsible for quarterly corporation tax instalment payment.
• Preparation and journalling of monthly corporation tax provision computation.
• Assisting in checking and reviewing the annual corporation tax return to HMRC.
• Preparing annual BBSI return and assisting in preparation of SAO certification.
• Assistance with other tax-related matters.
• Regulatory reporting
• Preparing the Bank of England (Bo E) statistical returns
• Daily/regular Reports
• Assisting in overall Finance's daily and monthly controls, including suspense, FX and swaps.
• Process improvement
• To assist in reviewing and enhancing the Finance control environment with a view to implementing best practice.
• Change
• To support the Bank's change program and initiatives, including assessing the downstream reporting implications of the implementation of new systems.
• Other work
• Assisting in the preparation of relevant procedures for regular reports and processes.
• Assisting in updating processes and files for changes in systems and
• Carrying out ad-hoc work as requested by the line manager and Financial Controller.