At a Glance
- Tasks: Prepare budgets, analyse expenses, and manage financial reports for an international bank.
- Company: Join a leading international bank with a focus on innovation and teamwork.
- Benefits: Highly competitive salary, bonuses, and flexible hybrid working arrangements.
- Other info: Great opportunity for career growth in a diverse and inclusive workplace.
- Why this job: Make a real impact in finance while developing your skills in a dynamic environment.
- Qualifications: Fluent in English, Mandarin preferred, with relevant finance or accounting qualifications.
The predicted salary is between 50000 - 65000 £ per year.
The Skills You'll Need:
- English fluent, Mandarin preferred, fully/partly accountant qualified.
- Solid financial reporting experience, Banking experience, preferably with relevant operating expense journal posting experience.
Your New Salary: Highly Competitive + Bonus + Benefits. Depending on experience.
Location: Central London
Hybrid: 4 days in the office, 1 day at home
Start: ASAP
Report to: Deputy Head of Finance and Accounting
Who You'll Be Working for: An international bank
What You'll be Doing Each Day:
- 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 cards matters and bills and settlement.
The Skills You'll Need to Succeed:
- Proficiency in English language (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).
- Manages operational risk by building strong processes and quality control routines.
Accountant-Banking in London employer: People First
As an international bank located in the heart of Central London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. With a highly competitive salary, bonus structure, and a hybrid working model, we offer our accountants not only a rewarding career but also the flexibility to maintain a healthy work-life balance. Join us to be part of a team that values diversity and innovation, while providing ample opportunities for professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Accountant-Banking in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. A friendly chat can lead to opportunities that aren’t even advertised yet. Don’t be shy, we all love a good natter!
✨Tip Number 2
Prepare for interviews by practising common questions related to financial reporting and budgeting. We recommend role-playing with a mate or using online resources to get comfortable. The more you practise, the more confident you'll feel!
✨Tip Number 3
Showcase your skills! Bring along examples of your previous work, like reports or analyses you've done. This will help us see your expertise in action and how you can contribute to our team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our awesome team at the bank!
We think you need these skills to ace Accountant-Banking in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in finance and accounting, especially any banking roles you've had. We want to see how your skills match the job description, so don’t be shy about showcasing your operating expense journal posting experience!
Show Off Your Skills:Since Excel skills are a must, include any specific examples of how you've used it in your previous roles. We love seeing candidates who can analyse and compile data effectively, so let us know how you’ve done this in the past.
Keep It Professional:While we appreciate a friendly tone, make sure your application is polished and professional. Use clear language and avoid slang. Remember, you’re applying for a role in an international bank, so professionalism is key!
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your CV as a Word document, and it helps us keep everything organised. Plus, you’ll find all the info you need about the role there!
How to prepare for a job interview at People First
✨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 reconciled accounts in previous roles.
✨Excel Like a Pro
Since strong Excel skills are a must, make sure you can confidently navigate spreadsheets. Practice common functions and formulas that you might use in budgeting and data analysis, and be ready to demonstrate your proficiency during the interview.
✨Understand the Company Culture
Research the bank's values and culture. Knowing how they operate and what they prioritise will help you tailor your answers to show that you're a great fit for their team. Plus, it shows genuine interest in the role!
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This could be about their approach to financial audits or how they handle discrepancies in invoices. It shows you're engaged and thinking critically about the role.
