At a Glance
- Tasks: Lead finance operations, manage a team, and ensure financial accuracy.
- Company: Join a well-established banking institution focused on Wealth and Asset Management.
- Benefits: Enjoy a full-time role with opportunities for automation and process redesign.
- Why this job: Be part of a dynamic team, tackle new challenges, and drive financial strategies.
- Qualifications: Must be a qualified accountant with 5+ years as a Financial Controller.
- Other info: Opportunity to deputize for the Head of Finance and engage in regulatory reporting.
The predicted salary is between 48000 - 72000 £ per year.
A well established banking institution is seeking a Financial Controller to join their Wealth and Asset Management arm. Duties will include maintaining internal controls over financial, tax, regulatory reporting and producing commentary to support management and forecasting.
Main Responsibilities
- Managing day-to-day finance operations with a team of two direct reports.
- Performing all related accounting functions required to maintain the general ledger in compliance with UK GAAP, IFRS and company policy and procedures.
- Analytical review and analysis of financial data and generating monthly trend reports and balance sheet reconciliations ensuring financial statement accuracy and investigating variances.
- Monitor and manage financial risks in-line with compliance and regulations.
- Complete all HMRC filings and returns including corporation taxes and VAT in accordance with tax policy. Ad-hoc liaison with group tax team and HMRC on enquiries arising.
- Preparation of formal year end statutory accounts – coordinating annual external audit activities within the business and liaising with external auditors.
- Oversight of bank reconciliations and maintenance of cash flow forecasts to ensure funds are available to meet obligations.
- Help to drive team’s automation strategy, with huge scope to redesign some existing manual processes, particularly around financial operations.
- Deputise for Head of Finance as appropriate.
- Regulatory reporting. Liquidity and capital requirements calculations, analysis and management under ICARA regime.
Experience/Qualifications
- Qualified accountant with strong experience as a Financial Controller.
- Experience in team management.
- Analytical minded and excited by new challenges and creating new processes.
- Ability to work with a high level of accuracy and meet strict deadlines.
- Academic: ACA/ ACCA/CIMA qualified with a minimum of 5 years post qualified experience.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance
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Financial Controller employer: MW Recruitment Limited
Contact Detail:
MW Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Make sure to highlight your experience with UK GAAP and IFRS in your conversations. This will show that you have the technical knowledge required for the role and can hit the ground running.
✨Tip Number 2
Demonstrate your team management skills by sharing specific examples of how you've successfully led a finance team. This will help you stand out as a candidate who can effectively manage and motivate others.
✨Tip Number 3
Be prepared to discuss your experience with financial risk management and compliance. Showing that you understand these areas will be crucial, especially given the regulatory nature of the role.
✨Tip Number 4
Express your enthusiasm for automation and process redesign. Share any relevant experiences where you've improved efficiency in financial operations, as this aligns with the company's goals.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Financial Controller position. Understand the key responsibilities and qualifications required, such as experience with UK GAAP, IFRS, and team management.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job requirements. Emphasize your qualifications as a ACA/ACCA/CIMA accountant and any specific achievements in financial operations or team management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical mindset and excitement for new challenges. Mention specific examples of how you've improved processes or managed financial risks in previous roles.
Highlight Compliance Knowledge: Make sure to emphasize your understanding of compliance and regulatory reporting, particularly in relation to HMRC filings and tax policies. This will demonstrate your capability to handle the responsibilities outlined in the job description.
How to prepare for a job interview at MW Recruitment Limited
✨Showcase Your Technical Expertise
Be prepared to discuss your experience with UK GAAP, IFRS, and tax compliance. Highlight specific examples where you've successfully managed financial operations or improved processes in previous roles.
✨Demonstrate Leadership Skills
Since the role involves managing a team, share your experiences in team management. Discuss how you motivate your team, handle conflicts, and ensure that everyone meets their deadlines.
✨Prepare for Analytical Questions
Expect questions that assess your analytical skills. Be ready to explain how you've conducted financial analyses, generated reports, and investigated variances in past positions.
✨Discuss Automation and Process Improvement
The job emphasizes driving automation strategies. Prepare to talk about any initiatives you've led to redesign manual processes, particularly in finance operations, and the impact they had on efficiency.