Financial Control Assistant - Prestigious City Bank (5 days on site) in London

Our City Banking client is seeking a Finance individual to join their friendly and busy core Finance team. This role sits at the heart of the Branch’s financial governance framework, with responsibility for financial control, accounting integrity, regulatory reporting, and liquidity oversight. Acting as a key point of contact between the Branch, Head Office, auditors, and regulators, the role ensures that all financial activities are executed in line with UK banking regulations, group policy, and best-practice control standards. The position plays a critical role in safeguarding the Branch’s financial accuracy, regulatory compliance, and operational resilience. The role will require you onsite 5 days per week in the City of London Head office.

Role Summary

The role is responsible for overseeing the Branch’s financial control, accounting, reporting, and regulatory compliance, while ensuring efficient administrative operations and strong internal controls.

Key Responsibilities

• Ensure all accounting, budgeting, tax, and financial transactions comply with legal, regulatory, and internal procedures.
• Manage branch inventories, fixed assets, depreciation records, and administrative expenses.
• Prepare and submit accurate financial, liquidity, tax (VAT & Corporation Tax), and regulatory reports on time.
• Monitor daily account balances, trial balances, accruals, journals, and suspense accounts, ensuring issues are resolved promptly.
• Perform reconciliations (Nostro/Vostro), system downloads, and daily liquidity reporting.
• Oversee payments (invoices, petty cash), banking stationery supply, and other periodic financial reports.
• Liaise with authorities, auditors, Head Office departments, and represent the Branch when required.
• Handle audit reports, alternative distribution channel transactions, and correspondence archiving.

Governance & Control

• Maintain strong internal controls, proactively identify risks, and address audit and control findings.
• Ensure compliance with bank regulations, group policies, and senior management directives.
• Support effective communication and information flow across the Group.

Additional Expectations

• Prepare and evaluate reports within the area of responsibility.
• Continuously develop banking and industry knowledge.
• Provide feedback and guidance to reporting staff (if applicable).
• Carry out any other duties assigned by senior management or Head Office.

Key requirements:

• University degree is essential
• Maximum total professional experience of 7 years after graduating
• At least 1 year of experience within a bank, broker, financial institution, or insurance company
• Overall experience across all roles will not exceed 7 years, minimum is 2 years please.
• Basic salary requirements must sit between £35,000 – £42,000 + package
• You will have the full right to work in the UK without sponsorship however we cant hire individuals who spouse is sponsored either.

Working arrangement:

• Full-time, office-based role
• Working hours: 9:00–17:00
• Five days per week in the office – No remote or hybrid working option is available

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