At a Glance
- Tasks: Support accounting activities and lead projects in Global Capital Markets.
- Company: Join a leading financial institution with a focus on innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic team culture with opportunities for mentorship and growth.
- Why this job: Make a real impact in finance while developing your skills and career.
- Qualifications: Bachelor's degree in Accounting or related field with relevant experience.
The predicted salary is between 55000 - 65000 £ per year.
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.
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.
Qualifications: 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 of 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.
GCM Financial Accountant II - UK in City of Westminster employer: M&T Bank
At M&T Bank, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through mentorship opportunities and support for professional development, ensuring that our team members thrive in their careers. Located in the heart of the UK, we provide a stimulating environment where you can contribute to meaningful projects while enjoying a strong sense of belonging within our diverse workforce.
StudySmarter Expert Advice🤫
We think this is how you could land GCM Financial Accountant II - UK in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in Global Capital Markets. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss GAAP and IFRS principles, as well as your experience with financial controls. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace GCM Financial Accountant II - UK in City of Westminster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the GCM Financial Accountant II role. Highlight your accounting qualifications, especially your ACCA or CIMA status, and any relevant projects you've led.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this position. Share specific examples of your experience with financial reporting and how you've improved processes in previous roles.
Showcase Your Analytical Skills:Since this role involves complex accounting analysis, be sure to mention any relevant experience you have with variance analysis and reconciliations. We want to see how you approach problem-solving!
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
✨Know Your Numbers
Make sure you brush up on your accounting principles, especially GAAP and IFRS. Be ready to discuss how you've applied these standards in your previous roles, as this will show your technical expertise and understanding of the financial landscape.
✨Showcase Your Project Leadership
Since the role involves leading projects, prepare examples of past projects where you took the lead. Highlight your ability to manage timelines, coordinate with different teams, and deliver results. This will demonstrate your capability to handle responsibilities independently.
✨Be a Mentor at Heart
The job requires mentoring less experienced staff, so think about times when you've provided guidance or support to colleagues. Share these experiences during the interview to illustrate your leadership skills and commitment to team development.
✨Prepare for Technical Questions
Expect some complex accounting scenarios or case studies during the interview. Practice articulating your thought process on how you would approach these situations, focusing on your analytical skills and attention to detail. This will help you stand out as a candidate who can tackle challenges head-on.
