At a Glance
- Tasks: Ensure accurate financial reporting and support month-end close processes.
- Company: Join a mission-driven social bank focused on positive change.
- Benefits: Generous holiday, mental health support, and top-notch equipment for hybrid work.
- Other info: Diverse and inclusive workplace with room for personal and professional growth.
- Why this job: Make a real impact in a fast-paced, high-growth banking environment.
- Qualifications: Qualified accountant with 1-2 years of experience in financial services.
The predicted salary is between 50000 - 60000 £ per year.
We're on a mission to build the world's greatest social bank. We believe that banking needs to change for the better. When money is used correctly, it can transform our daily lives and positively impact the planet. We're looking for a qualified accountant to join our Finance team as a Financial Controller within a growing banking environment. This role is ideal for a qualified accountant with a background in Financial Services audit and 1-2 years of post-qualification experience gained either in audit or within a banking, fintech, or broader financial services environment.
The successful candidate will support month-end close, financial control activities, management reporting, and implementation of accounting and control processes for new products and material transactions, while also driving process improvements and automation initiatives across Finance.
How you will contribute and key responsibilities
- Ensure Kroo Bank delivers accurate, complete, and timely financial reporting while maintaining a robust financial control environment that supports the bank's continued growth.
- Oversee month-end and year-end close processes, ensuring the integrity of financial data.
- Support the implementation of effective accounting and control frameworks across the business.
- Support and coordinate month-end and year-end close processes.
- Prepare management reporting and various internal financial reports.
- Respond to finance and reporting requests across the bank.
- Maintain and enhance the financial control processes.
- Set up accounting and financial control processes for new products and initiatives.
- Prepare accounting papers and technical accounting memos where required.
- Perform balance sheet reconciliations, including loans, deposits, derivatives, and other financial instruments.
- Reconcile and monitor loan portfolios, provisions, and related balances.
- Support impairment assessment and loan loss provisioning processes.
- Ensure completeness and accuracy of financial data and reporting.
- Assist with external audit, internal audit and regulatory reporting requirements.
- Drive automation initiatives to improve reporting, reconciliations, controls, and month-end efficiency.
- Support system reporting enhancements and finance transformation projects.
- Work closely with stakeholders across Finance, Risk, Treasury, and Operations.
Requirements
- Qualified accountant (ACA/ACCA or equivalent).
- Background in Financial Services Audit at a Big Four or a mid-tier firm.
- 1-2 years post-qualification experience preferred.
- Strong understanding of banking products, their accounting treatment and financial reporting, including loans, deposits and treasury assets such as covered bonds and RMBS.
- Experience with impairment and loan loss provisioning is highly desirable.
- Strong analytical and problem-solving skills.
- Proactive mindset with an interest in process optimisation and automation.
- Excellent attention to details and ability to work in a fast-paced environment.
- Strong communication and stakeholder management skills.
- Advanced Excel skills and use of other tools, including AI beneficial.
Benefits
- Generous holiday time: 25 days annual leave, 8 bank holidays, 1 Kroo bank holiday (June 24th), and 1 day off during the week of your birthday.
- Personal days: We offer 3 personal days to use as needed.
- Employer-sponsored volunteer program: Up to 4 hours per month of employer-sponsored volunteer time.
- Mental health support: Access to Spill, our mental health support partner.
- Workplace pension: A workplace pension with a 5% employee contribution and a 3% employer top-up.
- Top-notch equipment: We provide necessary equipment for smooth hybrid work, including a MacBook laptop.
- Modern office: Access to our modern workspace in Farringdon (Central London).
- Cycle to Work scheme: Encouragement of sustainable transportation.
- Electric Car scheme: Support for reducing carbon footprint.
- Enhanced parental leave policy.
- Room for growth in a fast-paced, high-growth start-up.
- Full healthcare for you and your nuclear family via Vitality.
Hybrid Working
We have a hybrid policy that gives both individuals and teams freedom when it comes to using the office space to boost productivity. There is a requirement to come into the office maybe once a month. Our London office is a great resource when used effectively.
Diversity and Inclusion
We uphold our commitment to fostering a diverse and inclusive workplace. Every employee is highly regarded, respected, and supported without any form of judgment or prejudice.
Financial Controller employer: Kroo Bank
At Kroo Bank, we are dedicated to creating a positive impact through our mission of transforming banking for the better. As a Financial Controller, you will thrive in a supportive and inclusive work culture that prioritises employee well-being, offering generous benefits such as 25 days of annual leave, mental health support, and opportunities for personal growth within a fast-paced, high-growth environment. Our modern office in Farringdon, combined with a flexible hybrid working policy, ensures you have the resources and freedom to excel while contributing to meaningful change in the financial sector.
