At a Glance
- Tasks: Lead financial reporting and ensure compliance with regulations while collaborating with various stakeholders.
- Company: A thriving international bank with a focus on innovation and growth.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Be part of a change programme that enhances financial processes and controls.
- Why this job: Join a dynamic team and make a significant impact in financial reporting and governance.
- Qualifications: Fully qualified accountant (ACA or ACCA) with strong IFRS knowledge and advanced Excel skills.
The predicted salary is between 43200 - 72000 £ per year.
Our client, a thriving international bank, has a position for someone seeking a broad reporting position.
Job Purpose
Working within the Financial Reporting and Control team, this role is responsible for fulfilling the organisation’s financial and tax reporting obligations. Key areas of responsibility include:
- Preparing monthly group financial returns.
- Producing statutory financial statements for several UK-based entities.
- Preparing and submitting corporation tax, VAT, and other tax filings.
- Completing IFRS-based regulatory submissions to the relevant UK authorities.
- Supporting additional 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 organisation undergoes a significant change programme, the postholder will collaborate with a range of stakeholders to provide technical accounting expertise and ensure reporting processes remain compliant and resilient.
Key Responsibilities & Accountabilities
Group / Head Office Reporting
- Prepare monthly and quarterly financial reporting packs and related submissions.
- Produce regular reports for group consolidation, including related party, capital expenditure, and tax analyses.
- Liaise with group finance teams to address reporting queries and ensure consistency.
Financial Reporting
- Prepare annual statutory accounts for UK entities, including supporting disclosure notes.
- Produce quarterly IFRS-based regulatory returns.
- Provide support on other financial reporting issues as required.
Technical Accounting
- Draft technical accounting papers on key judgements and policy issues for senior management and governance committees.
- Assess the impact of new accounting standards and regulatory developments.
- Collaborate with Risk on hedge accounting and IFRS 9-related matters.
- Lead the monthly Technical Working Group meetings.
- Evaluate and document the adequacy of expected credit loss (ECL) provisions.
Taxation
- Prepare quarterly VAT returns under partial exemption methodology.
- Manage quarterly corporation tax instalments and monthly tax provisions.
- Support the annual corporation tax return process.
- Prepare regulatory tax-related filings and assist with senior accounting officer (SAO) certification.
- Provide assistance with other tax compliance and advisory matters.
Regulatory Reporting
- Prepare and submit statistical and prudential returns to UK regulators as required.
Controls & Process Improvement
- Support daily and monthly financial controls, including reconciliations and suspense account monitoring.
- Contribute to ongoing improvements in the control environment and financial reporting processes.
- Support the finance change programme by assessing the impact of new systems and process changes.
- Maintain and update documentation and procedures for reporting processes.
- Undertake ad-hoc analysis and tasks as required by management.
Qualifications & Experience
- Fully qualified accountant (ACA or ACCA).
- Strong technical knowledge of IFRS and proven practical application.
- Advanced Excel skills (complex formulas, data manipulation, and automation).
- Experience in the financial services sector preferred.
Senior Manager Financial Reporting in London employer: KennedyPearce Consulting
KennedyPearce Consulting is an excellent employer, offering a dynamic work environment in the heart of Greater London, where creativity meets finance in the vibrant TV production industry. Employees benefit from a supportive culture that prioritises professional growth, with clear pathways for advancement and the potential for permanent positions. Join us to be part of a team that values collaboration and innovation, making your contributions meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager Financial Reporting in London
✨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 hunt for a Senior Manager Financial Reporting role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your IFRS knowledge and technical accounting skills. Be ready to discuss how you've tackled complex financial reporting challenges in the past. We want to see you shine and show off your expertise!
✨Tip Number 3
Don’t forget to showcase your advanced Excel skills during interviews. Bring examples of how you've used complex formulas and data manipulation to improve reporting processes. This will definitely set you apart from other candidates!
✨Tip Number 4
Apply through our website for the best chance at landing that dream job! We’re always looking for talented individuals like you, and applying directly can help us spot your application faster. Let’s get you into that Senior Manager role!
We think you need these skills to ace Senior Manager Financial Reporting in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Senior Manager Financial Reporting role. Highlight your technical accounting knowledge and any relevant financial reporting experience to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Mention specific examples of your past work that align with the responsibilities listed in the job description.
Showcase Your Technical Skills:Since this role requires strong IFRS knowledge and advanced Excel skills, don’t forget to mention these in your application. We want to see how you’ve applied these skills in real-world scenarios!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at KennedyPearce Consulting
✨Know Your Numbers
Make sure you brush up on your financial reporting knowledge, especially IFRS standards. Be ready to discuss how you've applied these in previous roles, as this will show your technical expertise and practical experience.
✨Showcase Your Collaboration Skills
Since the role involves working with various stakeholders, prepare examples of how you've successfully collaborated in the past. Highlight any experiences where you resolved reporting queries or improved processes through teamwork.
✨Prepare for Technical Questions
Expect questions about technical accounting matters and recent regulatory changes. Familiarise yourself with current trends in financial reporting and be prepared to discuss how they might impact the organisation's compliance and governance.
✨Excel at Excel
Given the emphasis on advanced Excel skills, practice demonstrating your proficiency. Be ready to discuss how you've used complex formulas and data manipulation in your previous roles to enhance reporting accuracy and efficiency.
