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- Tasks: Support finance with budgeting, reporting, and expense analysis in a dynamic banking environment.
- Company: Join a well-established international bank in the heart of London.
- Benefits: Enjoy hybrid working, competitive salary, and a collaborative atmosphere.
- Other info: Excellent career growth opportunities and exposure to international finance operations.
- Why this job: Gain valuable experience in finance while making an impact in a global organisation.
- Qualifications: Degree in Finance or Accounting; previous banking experience preferred.
The predicted salary is between 50000 - 60000 £ per year.
An exciting opportunity has arisen for an Accountant to join a well-established international bank based in the City of London. This role offers hybrid working and exposure across financial reporting, budgeting, regulatory reporting, and operational finance within a dynamic banking environment.
The successful candidate will play a key role in supporting the Finance function through budgeting, reconciliations, reporting, VAT returns, fixed assets management, and expense analysis, while working closely with both local stakeholders and Parent Bank.
Key Responsibilities- Prepare annual operating expense budgets for both the Bank and individual departments
- Produce monthly operating expense analysis and departmental cost allocation reports
- Review expenses and receipts to ensure accurate recording, allocation, and supporting documentation
- Prepare journal entries and maintain amortisation schedules
- Maintain and reconcile fixed asset, software, and prepaid expense registers with the General Ledger
- Reconcile accounts payable, receivable, and suspense accounts
- Prepare quarterly VAT returns in compliance with HMRC requirements
- Support Parent Bank reporting requirements and regulatory reporting obligations
- Prepare reports and supporting information for internal and external audits
- Manage company card administration, settlements, and related matters
- Participate in finance systems and operating expense process enhancements
- Prepare minutes for Finance Committee meetings
- Degree or equivalent qualification in Finance or Accounting
- Open to both part-qualified and fully qualified accountants
- Previous banking experience preferred, ideally with at least 2 years’ experience in operating expense journal posting roles
- Strong Excel and data analysis skills
- Excellent attention to detail with the ability to understand the broader commercial context
- Ability to build and maintain strong controls, processes, and operational risk management routines
- Strong organisational and communication skills
- Opportunity to join an international banking organisation
- Hybrid working model
- Collaborative and professional working environment
- Exposure to international reporting and finance operations
- Location: City of London
- Working Pattern: Hybrid
- Salary: Competitive
To apply or discuss this opportunity in confidence, please get in touch.
Accountant in City of London employer: IPOE Consulting
Contact Detail:
IPOE Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accountant in City of London
✨Network Like a Pro
Get out there and connect with people in the finance world! Attend industry events, join online forums, or even hit up LinkedIn. The more connections we make, the better our chances of hearing about job openings before they’re even advertised.
✨Ace the Interview
When you land that interview, be ready to showcase your skills and experience. We should prepare by researching the bank’s values and recent news. Practise common interview questions and think of examples that highlight our achievements in budgeting and financial reporting.
✨Follow Up
After the interview, don’t just sit back and wait! Send a quick thank-you email to express our appreciation for the opportunity. It shows we’re keen and keeps us fresh in their minds. Plus, it’s a great chance to reiterate why we’re the perfect fit for the role.
✨Apply Through Our Website
We’ve got a fantastic platform for job applications right on our website. Make sure to apply directly through there to streamline the process and show we’re serious about joining the team. Plus, it’s super easy to keep track of our applications!
We think you need these skills to ace Accountant in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Accountant role. Highlight your relevant experience in financial reporting, budgeting, and regulatory reporting. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our international bank. Share specific examples of your past work that relate to the key responsibilities mentioned in the job description.
Show Off Your Excel Skills: Since strong Excel skills are a must-have for this role, don’t forget to mention any advanced functions or data analysis techniques you’re familiar with. We love seeing candidates who can handle data like pros!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Don’t miss out on this exciting opportunity!
How to prepare for a job interview at IPOE Consulting
✨Know Your Numbers
As an Accountant, you'll be dealing with financial data all the time. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you’re not just familiar with numbers but can also interpret them in a business context.
✨Master Excel Skills
Since strong Excel skills are a must for this role, make sure you can confidently talk about your experience with spreadsheets. Prepare to share specific examples of how you've used Excel for budgeting or reporting tasks, and maybe even practice some common functions beforehand.
✨Understand Regulatory Requirements
Familiarise yourself with HMRC requirements and any relevant regulations that impact the banking sector. Being able to discuss these during your interview will demonstrate your knowledge and readiness to handle compliance-related tasks.
✨Showcase Your Communication Skills
This role involves working closely with various stakeholders, so highlight your communication abilities. Prepare examples of how you've effectively communicated complex financial information to non-financial colleagues, as this will show your ability to bridge gaps between departments.