At a Glance
- Tasks: Lead financial control and reporting, automating accounting processes across finance systems.
- Company: Join a dynamic bank focused on innovation and strategic growth.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Make a real impact in finance while developing your skills in a global environment.
- Qualifications: Experience in financial control, strong analytical skills, and a recognised accounting qualification.
- Other info: Collaborative culture with a focus on continuous improvement and stakeholder relationships.
The predicted salary is between 36000 - 60000 £ per year.
Join us as a Financial Control & Reporting Manager. In this role, you will provide analysis and design for a wide range of finance systems, operational accounting, and finance processes. We’ll look to you to take ownership for end-to-end systems accounting models for finance and to support other teams to deliver end-to-end financial control activity. This is an opportunity to represent Finance on core strategic bank programmes.
What you will do:
- You will be accountable for the delivery of solutions that automate the double-entry accounting across multiple finance-owned systems for a variety of business events.
- You will act as a key partner as you proactively contribute to decision-making and problem-solving on complex or specialist issues, demonstrating sound judgement and a thorough understanding of the business.
- Using in-depth knowledge of transaction capture and finance ledger system functionality, in conjunction with a sound understanding of accounting principles and standards, you will support the development and design of robust, fit-for-purpose accounting solutions.
- You will assist financial control teams and auditors in understanding the historical business events that underlie balances on the Balance Sheet and Profit & Loss.
- You will be responsible for managing and delivering finance data and system change, executed within the appropriate governance framework to maintain data integrity and data quality standards throughout the change process.
In addition, you will be:
- Exploring and recommending operational accounting and finance process options whilst understanding the wider change environment.
- Managing risks and issues through timely identification, recording, and actions to mitigate impacts.
- Acting as a relationship manager and effectively maintaining relationships with stakeholders.
- Leading continuous improvement activity, pursuing opportunities to simplify and standardise team processes and outputs.
- Developing your own capability to meet the changing needs of the bank, while providing knowledge transfer and coaching to other colleagues to help them meet their personal development goals.
The skills you will need:
We are looking for someone with an inquisitive nature to take on a new challenge, putting their analytical and problem-solving skills to good use. You will need to have experience demonstrating how the transactions for a variety of business events are recorded in finance systems and how they impact balances in the Balance Sheet and Profit and Loss, using that understanding to solve problems and support change initiatives. Ideally, this will be in an environment with multiple connected finance systems.
To succeed in this role, you will also need to bring a wealth of knowledge and experience in financial control, preferably gained within financial services. You must have worked in a global context and have the ability to build and maintain strong working relationships with a variety of stakeholders in a changing environment. Moreover, you will need to hold a recognised professional accounting qualification or at least have comparable and relevant work-experience history.
In addition, you will need:
- Up-to-date knowledge of International Financial Reporting Standards, an astute eye for detail, and excellent communication skills for clearly and succinctly articulating issues to senior management.
- Demonstrable commitment to continuous improvement activity and experience in developing operating models.
- Practical experience in developing and documenting the end-to-end accounting models for finance.
- Detailed knowledge of the end-to-end accounting models for banking and trading products, from transaction capture systems to the general ledger.
- Practical experience working with databases, using Structured Query Language (SQL) and/or reporting-system querying tools to self-serve data extracts to meet ad-hoc data requirements.
Financial Control & Reporting Manager employer: NatWest Group
Contact Detail:
NatWest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Control & Reporting Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world and let them know you're on the hunt for a Financial Control & Reporting Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of International Financial Reporting Standards and accounting models. We want you to be able to showcase your analytical skills and problem-solving abilities, so practice articulating how you've tackled complex issues in the past.
✨Tip Number 3
Don’t forget to research the company culture and values before your interview. Understanding how they align with your own can help you stand out as a candidate who’s not just qualified, but also a great fit for the team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team and contributing to our financial control activities.
We think you need these skills to ace Financial Control & Reporting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Control & Reporting Manager role. Highlight your experience with finance systems and operational accounting, and don’t forget to showcase your analytical skills. We want to see how you’ve tackled similar challenges in the past!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Talk about your experience with financial control and how you’ve contributed to decision-making in previous positions. Let us know what makes you tick!
Showcase Your Skills: In your application, be sure to highlight your knowledge of International Financial Reporting Standards and your experience with SQL or reporting tools. We’re looking for someone who can hit the ground running, so make those skills pop!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at NatWest Group
✨Know Your Numbers
Brush up on your knowledge of International Financial Reporting Standards and be ready to discuss how they apply to the role. Prepare examples of how you've used these standards in previous positions, especially in relation to financial control and reporting.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your analytical and problem-solving skills. Think of specific instances where you’ve tackled complex issues in finance systems or accounting processes, and be ready to explain your thought process and the outcomes.
✨Build Relationships
Since this role involves acting as a relationship manager, think about how you’ve successfully maintained stakeholder relationships in the past. Prepare anecdotes that highlight your communication skills and ability to work collaboratively with various teams.
✨Continuous Improvement Mindset
Highlight your commitment to continuous improvement by discussing any initiatives you've led or contributed to. Be ready to share how you’ve simplified processes or improved data integrity in previous roles, as this will resonate well with the interviewers.