At a Glance
- Tasks: Manage financial accounting activities and support month-end and year-end reporting.
- Company: Join a mission-driven social bank focused on positive change.
- Benefits: Generous holiday allowance, mental health support, and hybrid working options.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Make a real impact in banking while developing your skills.
- Qualifications: Qualified accountant with 2-3 years' banking experience and strong analytical skills.
The predicted salary is between 54450 - 66550 £ 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 with at least three years’ experience working in banking to join our Finance team as a Senior Financial Accountant.
The successful candidate will take ownership of key financial accounting activities, support month end and year end reporting and maintain effective financial controls.
You will also help implement accounting processes for new products and transactions, improve existing processes and support automation across Finance.
How you will contribute and key responsibilities
- Prepare and manage key elements of the month end and year end close processes
- Prepare financial reporting, management information and supporting analysis
- Maintain and enhance financial accounting processes and controls
- Prepare and review balance sheet reconciliations, including loans, deposits, derivatives and other financial instruments
- Reconcile and monitor loan portfolios, provisions and related balances
- Support impairment assessments and loan loss provisioning
- Prepare technical accounting papers and document accounting judgements where required
- Implement accounting and financial control processes for new products and initiatives
- Ensure the completeness and accuracy of financial data and investigate discrepancies
- Support the preparation of statutory financial statements and associated disclosures
- Assist with external audit, internal audit and regulatory reporting requirements
- Respond to accounting and reporting queries across the bank
- Drive automation to improve reporting, reconciliations, controls and month end efficiency
- Support system improvements and finance transformation projects
- Work closely with stakeholders across Finance, Risk, Treasury and Operations
Requirements
- Qualified accountant (ACA, ACCA or equivalent)
- At least 2/3 years’ experience working in banking, with relevant financial accounting, reporting or financial control responsibilities
- Strong understanding of IFRS and its application within a banking environment
- Strong understanding of banking products and their accounting treatment, including loans, deposits and treasury assets such as covered bonds and RMBS
- Experience of month end and year end reporting, balance sheet reconciliations and financial controls
- Experience with impairment and loan loss provisioning is highly desirable
- A background in financial services audit at a Big Four or other accountancy firm would be beneficial
- Strong analytical and problem solving skills
- A proactive approach to process improvement and automation
- Excellent attention to detail and the ability to manage competing deadlines
- Strong communication and stakeholder management skills
- Advanced Excel skills, with experience of other reporting, automation or AI tools beneficial
Benefits
- We offer a range of benefits to support our employees both in and outside work:
- Generous holiday allowance: 25 days’ annual leave, eight bank holidays, one Kroo bank holiday on 24 June and one day off during the week of your birthday
- Personal days: Three personal days to use as needed
- Volunteering: Up to four hours per month of employer sponsored volunteering 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 contribution
- Equipment: The equipment you need for hybrid working, including a Mac Book laptop and support towards your home office setup if required
- Modern office: Access to our office in Farringdon, Central London
- Cycle to Work scheme: Support for sustainable travel
- Electric Car scheme: Access to our Electric Car scheme
- Enhanced parental leave: Support for employees starting and growing their families
- Development opportunities: Opportunities to develop your skills and progress as the bank grows
- Healthcare: Healthcare cover for you and your immediate family through Vitality
Hybrid Working
This role is based in London and follows our hybrid working policy, combining remote working with time in our Farringdon office.
We currently expect office attendance approximately once a month, with arrangements agreed to support the needs of the role and team.
The role operates Monday to Friday.
Diversity and Inclusion
We are committed to creating a diverse and inclusive workplace where every employee is valued, respected and supported.
Diversity, equality and inclusion inform how we work and make decisions across the bank.
Reasonable adjustments are available to all candidates throughout the recruitment process.
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Senior Financial Accountant employer: Kroo Bank
Kroo is an exceptional employer that prioritises integrity, transparency, and a customer-centric culture, making it a fantastic place for a Compliance Manager to thrive. With generous benefits including 25 days of annual leave, mental health support, and opportunities for personal growth in a dynamic fintech environment, employees are empowered to make a meaningful impact while enjoying a modern workspace in Central Manchester. The company's commitment to diversity and inclusion further enhances its welcoming atmosphere, ensuring every team member feels valued and supported.
