At a Glance
- Tasks: Manage financial control activities and ensure compliance with IFRS standards.
- Company: Join a leading Wealth Management firm in London with a dynamic team.
- Benefits: Competitive contract salary and opportunities for professional growth.
- Other info: Collaborative environment with potential for career advancement.
- Why this job: Be part of impactful projects that shape financial strategies and processes.
- Qualifications: Experience in finance, strong analytical skills, and knowledge of control frameworks.
The predicted salary is between 60000 - 80000 € per year.
The Manager role forms a key part of the Wealth Management Europe ('WME') FC team and is responsible for ensuring that the end-to-end financial control framework that supports the production of an IFRS compliant Balance Sheets and Income Statements. The role will be responsible for supporting FC, CT, and change management activities for all WME business, whilst also ensuring a robust control environment. The role will require partnering with the business and functions for where issues have been identified, to ensure appropriate actions plans are implemented and managed effectively.
PRIMARY RESPONSIBILITIES:
- Financial control activities:
- Review/input of journals ensuring impact of journal is in accordance with reporting requirements and business expectations.
- Preparation and review of analytical reviews of month end results, provide relevant variance analysis, and communicate key drivers to Snr Management.
- Make contributions to continuous improvements of the financial control process, constantly challenging the way things are done to save time and improve the control environment.
- Update documentation of processes and procedures maintained in Confluence as required.
- Review high risk head office returns.
- Assist with the preparation of Legal Entity financial statements.
- Prepare the monthly IRRBB GAP01 returns and respond to any queries.
- Engage with CT PC to support month-end close activities.
- Reconciliation of accounts and attestations:
- Ensure the integrity and accuracy of the end-to-end general ledger is maintained at all times from transactions through to the general ledger.
- Ensure key control reconciliations, Standards of Documentation ('SoD') packages and PEGA attestation are produced, reviewed and sign offs in line with policy.
- Ensure monitoring and resolution of all reconciliation breaks and review points by development and implementation of appropriate action plans within agreed timescales.
- Finance Change and Projects:
- Be a key member of the project team in defining the end-to-end processes in relation to FC.
- Assessing strategies for migration of future finance activities, building business cases, robust plans and solutions.
- Identifying and escalating as appropriate issues that may arise during the various stages of the change process.
- Assist with the new business initiatives (NBC), tactical enhancements and strategic projects within assigned businesses to ensure Financial Control requirements are met that will enable the IFRS compliant accounting.
- Contribute to the design, development and enhancement of systems, processes and reporting in order to achieve best practice targets and add value to reporting.
- Lead the closure activities of businesses that are being exited.
AUTHORITIES, IMPACT, RISK:
- This position supports the key functions listed under primary responsibilities.
- Management of operational risk within the Finance Team.
- Partner with Finance Snr Management team, including the WME Chief Financial Officer, members of wider bank's Finance Team, head office Finance Team, Functions, Operations, Technology Global Finance Teams, Finance Change, Corporate Treasury and project teams.
- Help support the integration activities of numerous Wealth Management business projects.
- Be a key member of the project team in defining the end-to-end processes in relation to Financial Control.
- Assessing strategies for migration of future finance activities, building business cases, robust plans and solutions.
- Prepare various financial plans, cost/synergy analysis and reporting to support business and provide key support analytics and data on control points.
- Identifying and escalating as appropriate issues that may arise during the various stages of the change process.
Skills:
- Control frameworks
- IFRS
- Finance
- Financial controller
- CT
- Change Management
- Wealth Management
- Private Banking
Financial Controller in City of London employer: Teksystems
As a Financial Controller at our London office, you will be part of a dynamic Wealth Management team that values innovation and continuous improvement. We offer a collaborative work culture that encourages professional growth through challenging projects and partnerships with senior management, all while enjoying the vibrant atmosphere of one of the world's leading financial hubs. Join us to make a meaningful impact in a role that not only supports your career development but also contributes to the success of our business.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Controller in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in Wealth Management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS standards and financial control frameworks. We want you to be ready to discuss how you can contribute to the team’s success and tackle any challenges head-on.
✨Tip Number 3
Showcase your problem-solving skills! Be ready to share examples of how you've improved processes or tackled issues in previous roles. This will demonstrate your proactive approach to financial control.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are keen to join us directly.
We think you need these skills to ace Financial Controller in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Controller role. Highlight your experience with IFRS, financial control frameworks, and any relevant change management projects. We want to see how your skills align 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 passionate about this role and how your background makes you a perfect fit. Don’t forget to mention specific experiences that relate to the responsibilities listed in the job description.
Showcase Your Analytical Skills:Since the role involves preparing analytical reviews and variance analysis, make sure to showcase your analytical skills in your application. Include examples of how you've used data to drive decisions or improve processes in previous roles.
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 Teksystems
✨Know Your Financial Control Framework
Make sure you understand the end-to-end financial control framework and how it supports IFRS compliance. Brush up on your knowledge of control frameworks, as this will be crucial in demonstrating your expertise during the interview.
✨Prepare for Analytical Reviews
Be ready to discuss your experience with preparing and reviewing analytical reviews of month-end results. Think about specific examples where you've provided variance analysis and communicated key drivers to senior management.
✨Showcase Your Change Management Skills
Highlight your experience in change management activities. Be prepared to discuss how you've contributed to continuous improvements in financial processes and how you've tackled challenges during transitions.
✨Engage with Real Scenarios
Think of real-life scenarios where you've had to partner with different functions to resolve issues. Be ready to share how you implemented action plans effectively, as this will show your ability to collaborate and drive results.
