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- Tasks: Oversee month-end accounting, prepare management accounts, and assist in financial reporting.
- Company: Join a prestigious International Bank in the heart of London.
- Benefits: Competitive salary, benefits package, and opportunities for professional growth.
- Other info: Office-based role with a collaborative team and potential for career advancement.
- Why this job: Make a real impact in finance while working in a dynamic banking environment.
- Qualifications: Part-qualified ACCA/ACA/CIMA with experience in management accounts and financial statements.
The predicted salary is between 65000 - 70000 £ per year.
Sterling Williams are working alongside a City of London based International Bank who are looking to make a permanent hire into their Finance team; this is at Deputy Manager level, and is office based 5 days per week.
Permanent; Full-time - office based 5 days per week
City of London
Salary circa £65,000 - £70,000 pa plus benefits
The responsibilities for this role are broad, but will consist of the following:
- Oversee the effective operation of month end accounting processes in accordance with the agreed month end time table
- Production of monthly management accounts and submit it to Head of Finance for review
- Consolidation of monthly financial accounts & feed into Board pack and CEO report
- Carry out the month end closing ensuring all the manual entries have been posted correctly
- Month end closing and preparation and submission of flash
- Offer insightful MI on spending trends & cost-saving
- Assistance to Head of Finance and Finance team in ALCO meetings (Finance related)
- Assistance in Annual Budget and Business Plan preparation
- Managing MI Pack preparation for ALCO, Management Accounts, etc.
- Preparation of our annual financial statements.
You will be responsible for compiling and analysing financial data from various sources, ensuring accuracy and compliance with accounting standards.
The successful candidate will likely be/have:
- Fully or part qualified member of ACCA/ACA or CIMA or equivalent
- Experience of preparing management accounts and statutory financial statements
- Month-end closing procedures
- Experience of dealing with accounting software, alongside good Excel skills
- Knowledge of financial instruments
- Knowledge of IFRS 9 and IFRS 16
- Banking experience is preferred for this role; however, we are open to considering candidates from the wider financial services sector
Deputy Finance Manager (Banking Industry) in London employer: Sterling Williams LTD
Contact Detail:
Sterling Williams LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Finance Manager (Banking Industry) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking industry and let them know you're on the hunt for a Deputy Finance 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 interviews by brushing up on your knowledge of IFRS 9 and IFRS 16. Make sure you can discuss how these standards impact financial statements, as this will show your expertise and readiness for the role.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your skills, especially in the finance sector.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. Mention something specific from the interview to remind them of your conversation and reinforce your interest in the position.
We think you need these skills to ace Deputy Finance Manager (Banking Industry) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Deputy Finance Manager role. Highlight your experience with month-end closing, management accounts, and any relevant banking experience. We want to see how your skills match 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 our team. Mention specific experiences that relate to the responsibilities listed in the job description, like preparing financial statements or working with accounting software.
Showcase Your Qualifications: If you're ACCA/ACA or CIMA qualified (or equivalent), make sure to highlight this prominently. We love seeing candidates who are fully or part qualified, as it shows your commitment to the finance profession and aligns with our needs.
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 Sterling Williams LTD
✨Know Your Numbers
Make sure you brush up on your financial knowledge, especially around month-end closing processes and management accounts. Be ready to discuss your experience with accounting software and Excel, as these are crucial for the role.
✨Showcase Your Compliance Knowledge
Familiarise yourself with IFRS 9 and IFRS 16, as well as any relevant regulations in the banking industry. Being able to demonstrate your understanding of compliance will set you apart from other candidates.
✨Prepare Insightful Questions
Think about the financial trends and cost-saving measures that could impact the bank. Prepare some insightful questions to ask during the interview, showing that you're not just knowledgeable but also proactive in thinking about the business.
✨Highlight Team Collaboration
Since you'll be assisting the Head of Finance and working closely with the finance team, be ready to share examples of how you've successfully collaborated in previous roles. This will show that you can work effectively in a team environment.