Technical Accounting Manager

The Group Accounting Policy team supports the Bank by providing advice on technical accounting issues and acting as a valued business partner. We work with multiple stakeholders across the Group, adapting our communication style for various audiences in order to explain technical concepts clearly. You will need to be self‑motivated, with an aptitude for dealing with ambiguity and arriving at appropriate, business‑focussed solutions. Please note that this position is a fixed term contract position for a period of 12 months.

What you will be doing:

• Provide expert technical accounting advice and accounting policy expertise across the organisation.
• Work with a wide range of stakeholders across the business (including Group Finance, Operations, IT, Capital Markets and Tax) to conclude on the correct treatment for complex transactions that require a high level of accounting judgment and ensure this is documented appropriately.
• Work collaboratively with the Head of Statutory Accounting by undertaking technical accounting analysis on proposed corporate transactions e.g. capital market transactions, merger and acquisitions and/or corporate restructuring.
• Act as the contact for Finance and the wider business to assess the accounting treatment of proposed transactions under IFRS.
• Ensure transactions and other accounting judgments are documented in a clear and consistent manner with sufficient evidence to support the accounting treatment.
• Work with colleagues across Finance and more widely to ensure that accounting conclusions are understood and implemented appropriately.
• Assist in liaising with our external auditors to ensure their comfort with our approach.
• Support the maintenance of the accounting policy framework through the annual policy cycle.
• Review and amend Group accounting policies, working with partners across Finance to accurately capture existing policy decisions and to ensure that updates to policies can be operationalised in an efficient and effective manner.
• Keep up to date with new developments in IFRS, including standard‑setting and pronouncements from the IASB, FRC and other bodies and assess the possible impact to the Group and communication of this to affected stakeholders.

What's in it for you?

• Base salary dependent on experience ranging from £69,000.
• Discretionary annual bonus opportunity of up to 15%.
• 28 days annual leave plus bank holidays.
• Access to Private Medical Insurance and Medical Cash Plan.

Do you have the skills?

• Previous work experience in a technical accounting role, interpreting and working with IFRS.
• Previous experience working collaboratively internally with stakeholders and also with external audit partners.
• Strong knowledge of IFRS and UK Public Company financial reporting is required.
• A professional accounting qualification (ACA or ACCA) is essential.

Diversity, Equity & Inclusion

Our team value spending time together in the office, typically 3 days a week to support collaboration and connection with colleagues, but we're happy to have a conversation about what flexibility might look like for you. Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel like they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please don’t feel like you need to check every box to apply for a role internally. We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.