At a Glance
- Tasks: Lead financial reporting and manage a high-performing accounting team.
- Company: Established US financial services firm expanding into London.
- Benefits: Competitive salary, generous pension, private health cover, and performance bonuses.
- Why this job: Join a collaborative culture and make a real impact in financial services.
- Qualifications: Recognised accounting qualification and experience in leading finance teams.
- Other info: Opportunities for professional development and career growth.
The predicted salary is between 75000 - 80000 £ per year.
Overview
The Financial Accounting Manager will oversee financial reporting in IFRS and FRS 102. This role requires a strong technical accounting background and the ability to lead a high-performing team in the accounting & finance department across the full statutory/financial reporting lifecycle – month end, quarterly, half yearly, and annual close (extended trial balance view). It will also manage a team of 4 direct reports.
Company
A well-established US parent in the financial services sector with a strong presence in the industry. The company is expanding into London and focuses on financing for its clients (equipment, invoice financing, deposits, payments). It offers a professional and collaborative environment.
Description
Financial Accounting Manager
City of London
Banking & Financial Services
- Prepare and oversee the production of accurate financial reports in line with accounting standards (FRS 102 and IFRS).
- Ensure compliance with statutory requirements and internal financial policies across month end, quarterly, half yearly and annual close in extended trial balance view.
- Manage and mentor a team within the accounting & finance department to deliver high-quality results, rolling up sleeves to assist and review AP, AR, Journals, Payments, Ledger Adjustments.
- Collaborate with internal stakeholders as business partner to provide financial insights and recommendations.
- Coordinate external audits and address auditor queries effectively.
- Develop and implement process improvements to enhance financial reporting efficiency ahead of new system go live, UAT.
- Monitor and manage financial risks to ensure robust internal controls are in place.
- Manage a direct team of 4 heads.
Profile
- Financial Accounting Manager
- City of London
- Banking & Financial Services
- A successful Financial Accounting Manager should have:
- A recognised accounting qualification such as ACA, ACCA, or CIMA – ideally ex Big 4 or Practice top 100 having thereafter taken time in-house within FS.
- Extensive knowledge of financial reporting standards and compliance requirements (FRS 102 and IFRS).
- Proven experience in leading and managing teams within accounting & finance, specifically within Payments, SME Bank or Deposits/Savings house.
- Strong analytical and problem-solving skills with attention to detail.
- Ability to collaborate effectively with internal and external stakeholders.
- Experience in process improvement and financial systems implementation is an advantage.
Job Offer
- Competitive salary of approximately £75,000-£80,000 per annum.
- Generous benefits package, including a 15% employer pension contribution, private health cover, life insurance, and income protection.
- Performance-based bonus scheme.
- Opportunities for professional development within the business services industry.
- Supportive company culture with a focus on collaboration and growth.
- If you are an experienced Financial Accounting Manager looking for a permanent role in a thriving environment, we encourage you to apply today
#J-18808-Ljbffr
Financial Accounting Manager employer: Michael Page
Contact Detail:
Michael Page Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accounting Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who might know about opportunities at companies like the one you're eyeing. A personal recommendation can make all the difference.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS and FRS 102 standards. Be ready to discuss how you've applied these in your previous roles. Show them you’re not just a numbers person but a strategic thinker too!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds.
✨Tip Number 4
Check out our website for the latest job openings. We’re always looking for talented individuals like you to join our team. Applying directly through us can give you a leg up in the process!
We think you need these skills to ace Financial Accounting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your qualifications like ACA, ACCA, or CIMA, and any relevant experience in financial reporting standards such as FRS 102 and IFRS.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for the Financial Accounting Manager role. Share specific examples of how you've led teams and improved processes in previous roles, especially in the financial services sector.
Showcase Your Leadership Skills: Since this role involves managing a team, make sure to emphasise your leadership experience. Talk about how you've mentored others and delivered high-quality results while rolling up your sleeves to get involved in the nitty-gritty.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.
How to prepare for a job interview at Michael Page
✨Know Your Standards
Make sure you brush up on FRS 102 and IFRS standards before the interview. Being able to discuss these in detail will show that you have the technical knowledge required for the role.
✨Showcase Your Leadership Skills
Prepare examples of how you've successfully managed teams in the past. Highlight your mentoring experience and how you've led your team to achieve high-quality results, as this is crucial for the Financial Accounting Manager position.
✨Be Ready for Scenario Questions
Expect questions about how you would handle specific financial reporting scenarios or compliance issues. Think through potential challenges you might face in the role and how you would address them.
✨Demonstrate Process Improvement Experience
Since the role involves developing and implementing process improvements, be prepared to discuss any relevant experiences. Share specific examples of how you've enhanced financial reporting efficiency in previous roles.