Financial Accountant in City of London

Financial Accountant in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) On-site
Rev & Regs

At a Glance

  • Tasks: Prepare monthly accounts, manage audits, and support financial reporting.
  • Company: Dynamic commercial bank focused on mortgages and lending.
  • Benefits: Hybrid work model, competitive pay, and professional development opportunities.
  • Other info: Great opportunity for career growth and mentoring junior staff.
  • Why this job: Join a vibrant team and make an impact in the financial services sector.
  • Qualifications: Qualified Accountant with experience in banking or financial services.

The predicted salary is between 36000 - 60000 £ per year.

This range is provided by Rev & Regs. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Rev & Regs are recruiting for a Financial Accountant (12-month FTC) role for a dynamic commercial and retail Bank focused on mortgages / lending.

Responsibilities:

  • Support in timely preparation of the monthly management accounts including, expense reporting, balance sheet reconciliation including deposit and treasury reconciliation and variance analysis.
  • The provision of accurate and timely management information.
  • Support in the preparation of the annual report and accounts.
  • Work with tax advisors in the preparation of corporation tax returns and support the Financial Controller on wider tax compliance initiatives.
  • Manage the fixed asset register and advise stakeholders on the application of IAS 38 to project capitalisation.
  • Providing support during the external audit process and developing a strong control environment.
  • Performing analytics on financial performance.
  • Contributing to the development of Finance and initiatives for the improvement of the function.
  • Support the Financial Controller in ad-hoc analysis/problem solving.
  • Provide coaching and mentoring to Junior Finance staff as they work to support the Finance requirements of the Bank.

Experience:

  • Qualified Accountant, ACA/ACCA or equivalent.
  • Demonstrable experience in relevant accounting roles.
  • Experience in banking / financial services either from practice or within the industry.
  • Strong IT skills (especially Microsoft Office).
  • Ability to communicate professionally across varied stakeholders.
  • Proactive and inquisitive nature.
  • Confidence to challenge existing processes and procedures.

Nice to have:

  • Experience with the following banking tools: Phoebus, ALMIS, Alfa and Tableau.

Location: Hybrid (50/50 split City of London v home)

Duration: 12-month FTC

Seniority level: Mid-Senior level

Employment type: Contract

Job function: Accounting/Auditing and Finance

Industries: Financial Services and Banking

Financial Accountant in City of London employer: Rev & Regs

Rev & Regs is an exceptional employer, offering a dynamic work environment in the heart of the City of London. With a strong focus on employee growth and development, we provide comprehensive training and support for our team members, ensuring they stay at the forefront of tax compliance and operational excellence. Our hybrid working model promotes a healthy work-life balance, while our commitment to innovation and collaboration fosters a culture where every voice is valued and impactful.

Rev & Regs

Contact Details:

Rev & Regs Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Accountant in City of London

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Rev & Regs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Financial Accountant in City of London

Financial Reporting
Balance Sheet Reconciliation
Variance Analysis
Management Accounts Preparation
Corporation Tax Returns
IAS 38 Application
External Audit Support

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Rev & Regs.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Rev & Regs's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Rev & Regs

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Rev & Regs.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at Rev & Regs will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former Rev & Regs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.