At a Glance
- Tasks: Support the Regulatory Operations Manager in maintaining client financial records and ensuring compliance.
- Company: Dynamic corporate services provider based in Southampton.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for growth in a supportive and innovative workplace.
- Why this job: Join a fast-paced team and make a real impact on regulatory compliance.
- Qualifications: 1-2 years in financial services, accounting knowledge, and strong Excel skills.
The predicted salary is between 30000 - 40000 £ per year.
Location: Southampton
Department: Corporate Services
Experience: A minimum of 1-2 years' financial services experience in a relevant auditing/accounting role or corporate service provider role. Accounting certification preferred.
We are seeking a detail-oriented and experienced administrator to support the Regulatory Operations Manager in maintaining client financial records and ensuring compliance with Economic Substance and Beneficial Ownership obligations. This role involves preparing and reviewing client books of accounts, filing regulatory returns, and ensuring accurate data management within internal and external databases.
Key responsibilities
- Review transaction documents and financial records
- File new Economic Substance Notifications and maintain accurate, up-to-date records on the Corporate Administration Platform
- Prepare, review, and submit annual Economic Substance Returns while ensuring compliance with regulatory requirements
- Ensure compliance with internal policies and procedures and actively contribute to process improvements within the team
- Accurately enter and maintain Economic Substance and Beneficial Ownership data within our internal entity management system
- Assist the client accounting team with the preparation of financial statements for a varied portfolio of holding companies and trusts in line with transactional and statutory deadlines
- Collaborate with colleagues to ensure client expectations and regulatory deadlines are met
- Respond to ad hoc client requests related to regulatory and accounting reporting
- Conduct regular data audits to verify the accuracy and completeness of regulatory reporting data
- Stay up to date with regulatory changes impacting Economic Substance and Beneficial Ownership reporting, ensuring timely implementation of updates
- Proactively contribute to process improvements to enhance efficiency, accuracy, and compliance in regulatory reporting and financial record keeping
Experience and qualifications
- A minimum of 1-2 years' financial services experience in a relevant auditing/accounting role or corporate service provider role
- An ability to review financial statements from an accounting perspective
- An ability to assist in preparing journal entries, creating general ledgers and management accounts
- An ability to learn the Cayman Islands Economic Substance regulations with training provided
- Proficiency in using the MS Office suite of applications with advanced Excel skills (essential)
- Bachelor's degree in Accounting, Business, Finance, or Law
- Accounting certification preferred (e.g., AAT, ACCA, CPA, CA, CIMA)
- Qualified or part qualified (CIMA/ACA/ACCA)
Personal Characteristics
- Highly self-motivated and directed, with strong attention to detail
- Strong analytical, communication, and organizational skills
- Ability to work under pressure and meet tight deadlines
- A desire to work in a fast paced, client facing environment where delivery of a high calibre professional service to both clients and other counterparties is of key importance
Regulatory Reporting Administrator (VA780) in Southampton employer: Job Search Place Limited
Join a dynamic team in Southampton where your expertise as a Regulatory Reporting Administrator will be valued and nurtured. Our corporate services environment fosters a culture of collaboration and continuous improvement, offering you opportunities for professional growth and development while ensuring compliance with regulatory standards. With a focus on employee well-being and a commitment to excellence, we provide a supportive workplace that encourages innovation and rewards dedication.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Reporting Administrator (VA780) in Southampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its regulatory practices. Show us that you understand the Economic Substance and Beneficial Ownership obligations, and be ready to discuss how your experience aligns with their needs.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to build your confidence. Focus on articulating your experience in auditing and accounting roles, and how it relates to the Regulatory Reporting Administrator position.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Regulatory Reporting Administrator (VA780) in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Regulatory Reporting Administrator role. Highlight your financial services experience and any relevant auditing or accounting roles you've had. We want to see how your skills match what we're looking for!
Showcase Your Attention to Detail:Since this role requires a keen eye for detail, make sure to showcase examples of how you've demonstrated this in your previous roles. Whether it's through data management or compliance tasks, let us know how you ensure accuracy in your work.
Highlight Relevant Qualifications:If you have any accounting certifications or relevant degrees, be sure to mention them! This will help us see that you have the necessary background for the role. If you're part qualified, don't hesitate to include that too!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we can’t wait to see your application come through. Let’s get started on this journey together!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Regulations
Make sure you brush up on the Cayman Islands Economic Substance regulations before your interview. Understanding these regulations will show that you're proactive and serious about the role, plus it’ll help you answer any technical questions with confidence.
✨Showcase Your Attention to Detail
As a Regulatory Reporting Administrator, attention to detail is crucial. Prepare examples from your past experience where your meticulous nature made a difference, whether it was catching an error in financial records or improving a process. This will demonstrate your fit for the role.
✨Familiarise Yourself with Financial Statements
Since you'll be reviewing financial statements, make sure you can discuss them fluently. Brush up on key concepts and be ready to explain how you've worked with financial documents in previous roles. This will highlight your relevant experience and expertise.
✨Prepare Questions About Process Improvements
Think of some insightful questions regarding how the company approaches process improvements in regulatory reporting. This shows your interest in contributing to the team and your understanding of the importance of efficiency and compliance in this role.