At a Glance
- Tasks: Prepare budgets, analyse expenses, and support financial reporting for a leading bank.
- Company: Dynamic banking institution in the heart of London with a focus on innovation.
- Benefits: Highly competitive salary, bonuses, and flexible hybrid working options.
- Other info: Inclusive workplace culture that values diversity and growth.
- Why this job: Join a vibrant team and make a real impact in the finance sector.
- Qualifications: Degree in Finance or Accounting; banking experience preferred.
The predicted salary is between 50000 - 65000 € per year.
Location: Central London
Hybrid: 4 days in office, 1 day at home
Start: ASAP
Report To: Deputy Head of Finance and Accounting
Salary: Highly competitive + bonus + benefits depending on experience
Skills:
- English fluent; Mandarin preferred; fully/partly accountant qualified.
- Solid financial reporting experience, banking experience, preferably with relevant operating expense journal posting experience.
Responsibilities:
- Prepare the annual operating expense budget for the Bank and departmental operating expense budgets.
- Prepare monthly operating expense analysis report and departmental cost allocation report.
- Review expenses and receipts to ensure they are accurately recorded, properly allocated at departmental level and supported by adequate documents.
- Prepare journal entries, set up amortisation schedules.
- Prepare the minutes of Finance Committee meetings.
- Maintain the fixed asset/software register and prepaid expense register, and reconcile them with GL on a monthly basis.
- Identify and escalate invoices and payments discrepancies to Head and/or Deputy Head in order to ensure timely resolution.
- Prepare operating expense and fixed assets reports as requested by the Parent Bank.
- Prepare reports for Subsidiary/Branch required by Parent bank and home country regulators.
- Prepare quarterly VAT returns in compliance with HMRC requirements.
- Participate in operating expense system enhancement.
- Prepare information and reports in relation to audit requests from external and internal auditors.
- Manage the company card matters and bills and settlement.
Qualifications:
- Proficiency in English (writing and speaking); Mandarin preferred.
- A degree or equivalent qualification in Finance or Accounting.
- Banking experience, preferably with operating expense journal posting roles over 2 years.
- Ability to analyse and compile data to support the budgeting process and monitor performance (Excel skills required).
- Manage operational risk by building strong processes and quality control routines.
People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.
Banking job - Accountant - London - md employer: People First Team Japan/ピープルファーストチームジャパン
As a leading banking institution located in the heart of Central London, we pride ourselves on fostering a dynamic and inclusive work environment that prioritises employee growth and development. Our hybrid working model allows for a balanced approach to work-life integration, while our commitment to diversity ensures that every voice is heard and valued. With competitive salaries, bonuses, and comprehensive benefits, we offer a rewarding career path for accountants looking to make a meaningful impact in the banking sector.
Contact Detail:
People First Team Japan/ピープルファーストチームジャパン Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Banking job - Accountant - London - md
✨Network Like a Pro
Get out there and connect with people in the banking industry! Attend networking events, join relevant online groups, and don’t be shy to reach out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interview by researching the company and practising common questions. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. Show them how your experience aligns with their needs, especially in financial reporting and budgeting!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It shows your enthusiasm for the role and keeps you fresh in their minds. We suggest mentioning something specific from the interview to make it personal.
✨Apply Through Our Website
Make sure to apply through our website for the best chance at landing that accountant role! We keep our listings updated and you’ll find all the info you need to tailor your application perfectly.
We think you need these skills to ace Banking job - Accountant - London - md
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the job description. Highlight your relevant banking experience and financial reporting skills, as these are key for this role. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Accountant position. Mention your qualifications and any specific experiences that relate to the responsibilities listed in the job description.
Showcase Your Skills:Don’t forget to showcase your Excel skills and any experience with operating expense journal postings. We love seeing candidates who can analyse data effectively, so make sure to mention any relevant projects or achievements!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at People First Team Japan/ピープルファーストチームジャパン
✨Know Your Numbers
Brush up on your financial reporting skills and be ready to discuss your experience with operating expense journal postings. Be prepared to share specific examples of how you've managed budgets or analysed expenses in previous roles.
✨Showcase Your Language Skills
If you speak Mandarin, make sure to highlight this during the interview. It could set you apart from other candidates. Even if you're not fluent, showing a willingness to improve can demonstrate your commitment to the role.
✨Prepare for Technical Questions
Expect questions about accounting principles and financial regulations, especially those related to VAT returns and compliance with HMRC. Brush up on relevant laws and be ready to explain how you've applied them in your past work.
✨Demonstrate Your Problem-Solving Skills
Be ready to discuss how you've identified and resolved discrepancies in financial records. Use specific examples to illustrate your analytical skills and your ability to manage operational risks effectively.
