GCM Financial Accountant II - UK
GCM Financial Accountant II - UK

GCM Financial Accountant II - UK

Full-Time 55000 - 65000 £ / year (est.) No home office possible
M&T Bank Corporation

At a Glance

  • Tasks: Support accounting activities and lead projects in Global Capital Markets.
  • Company: Join M&T Bank, a community-focused financial institution with a rich history.
  • Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
  • Other info: Dynamic team environment with a focus on community and belonging.
  • Why this job: Make a real impact in finance while mentoring others and enhancing processes.
  • Qualifications: Bachelor's degree in Accounting and ACCA/CIMA qualification required.

The predicted salary is between 55000 - 65000 £ per year.

Overview: Supports all accounting-related activities, projects, analysis and/or conversions for an assigned area within Global Capital Markets (GCM). Responsible for development and management of operational accounting control functions in support of the Company accounting systems, including maintaining accounting entry flow process to support accurate and timely reconciliation of all general ledger accounts and internal and/or external reporting of financial information and regulatory reporting. Independently leads projects within or across the division and/or represents the division in enterprise-wide projects involving business partners outside the department. Conducts technical, highly complex and critical accounting-based research and analysis projects to provide management with definitive financial data and advice. Serves as mentor to less experienced staff.

Primary Responsibilities:

  • Support the monthly general ledger closing for an assigned area outside Finance, including analyzing and interpreting account fluctuations and monthly/quarterly reporting (could include manual processing).
  • Champion monthly variance analysis, reconciliations, tests of accounting data integrity, and work paper reviews.
  • Review accounting transaction documentation for completeness and accuracy; identify and work to resolve accounting issues and variances.
  • Provide guidance and mentoring to less experienced personnel; provide input to the annual review process for them.
  • Champion the improvement and implementation of existing processes and new processes related to the accounting for various products that enhance the efficiency and effectiveness of the department.
  • Support the integration of acquired portfolios to the Bank's general ledger.
  • Create business requirements documents and functional requirements as well as test and implement these new requirements.
  • Provide significant accounting and operational support throughout the department, ensuring appropriate levels of internal control.
  • Complete, and at times direct, related projects and highly specialized assignments in support of department initiatives.
  • Participate in and/or lead special projects related to accounting, financial reporting, regulatory reporting and/or policy and procedure review.
  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Scope of Responsibilities: The position works independently under general supervision. This position interacts with internal business partners as well as internal and external auditors and assists less experienced personnel on more complex issues. The position will also provide coaching and guidance to less experienced team members.

Supervisory/Managerial Responsibilities: Not applicable

Education and Experience Required:

  • Bachelor's degree in Accounting or related field with a minimum of 3 years’ post ACCA/CIMA qualification accounting experience, or in lieu of a degree, a combined minimum of 8 years’ higher education and work experience.
  • Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) qualified.
  • Proficient in the use of personal computers including word processing, spreadsheet presentations and industry-specific software.
  • Experience in the application of Generally Accepted Accounting Principles (GAAP) principles.
  • Experience in the application of International Financial Reporting Standards (IFRS) Accounting Standards.
  • Experience developing and implementing financial controls.
  • Detail oriented.
  • Excellent understanding of financial risk, using it to critically appraise and develop processes and influence decisions.
  • Outstanding written and verbal communications skills.
  • Experience supervising less experienced accounting staff.

Education and Experience Preferred:

  • Experience in financial services accounting.
  • Experience working in an agile environment.

Location: London, United Kingdom

GCM Financial Accountant II - UK employer: M&T Bank Corporation

M&T Bank is an exceptional employer that prioritises employee growth and development, offering a supportive work culture where team members are encouraged to mentor one another. Located in the vibrant city of London, this hybrid role allows for flexibility while being part of a company that values community engagement and strives to make a positive impact in people's lives. With a commitment to professional advancement and a focus on maintaining high internal control standards, M&T Bank provides a rewarding environment for financial professionals seeking meaningful careers.
M&T Bank Corporation

Contact Detail:

M&T Bank Corporation Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land GCM Financial Accountant II - UK

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work at M&T Bank or similar companies. A friendly chat can lead to insider info about job openings and even referrals.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills and understanding of GAAP and IFRS. We want you to be ready to showcase your expertise in accounting principles and how they apply to real-world scenarios.

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation. It shows your enthusiasm and keeps you fresh in their minds.

✨Tip Number 4

Check out our website for the latest job postings and apply directly through us. It’s the best way to ensure your application gets noticed and shows you’re serious about joining the team!

We think you need these skills to ace GCM Financial Accountant II - UK

Accounting Principles
Financial Reporting
Regulatory Reporting
Variance Analysis
General Ledger Management
Financial Controls Development
GAAP
IFRS
Analytical Skills
Attention to Detail
Communication Skills
Mentoring
Project Management
Risk Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the GCM Financial Accountant II role. Highlight your relevant experience, especially in accounting and financial reporting, and don’t forget to mention your ACCA or CIMA qualifications!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your skills align with our needs. Be specific about your experience with GAAP and IFRS principles.

Showcase Your Analytical Skills: Since this role involves a lot of analysis, make sure to highlight any past experiences where you've successfully conducted variance analysis or reconciliations. We love numbers, so let your analytical prowess shine through!

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’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at M&T Bank Corporation

✨Know Your Numbers

As a GCM Financial Accountant II, you'll be dealing with complex financial data. Brush up on your knowledge of GAAP and IFRS principles, and be ready to discuss how you've applied them in past roles. This shows you’re not just familiar with the theory but can also implement it practically.

✨Showcase Your Analytical Skills

Prepare to discuss specific examples where you've conducted variance analysis or reconciliations. Highlight any projects where your analytical skills led to improved processes or resolved significant accounting issues. This will demonstrate your ability to think critically and add value to the team.

✨Be a Mentor at Heart

Since mentoring less experienced staff is part of the role, come prepared with examples of how you've guided others in previous positions. Share stories that illustrate your leadership style and how you foster a supportive environment. This will resonate well with interviewers looking for a team player.

✨Understand the Company Culture

Research M&T Bank’s values and community involvement. Be ready to discuss how your personal values align with theirs, especially their commitment to making a difference in people's lives. This connection can set you apart as a candidate who truly fits into their culture.

GCM Financial Accountant II - UK
M&T Bank Corporation

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