At a Glance
- Tasks: Lead financial control activities and ensure compliance with IFRS standards.
- Company: Join a leading Wealth Management firm in London.
- Benefits: Competitive contract salary and opportunities for professional growth.
- Other info: Dynamic team environment with potential for career advancement.
- Why this job: Make a real impact in finance while working on exciting projects.
- Qualifications: Experience in wealth or private banking and strong analytical skills.
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 supports the production of 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 where issues have been identified, to ensure appropriate action 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, providing relevant variance analysis, and communicating key drivers to Senior 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.
- 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 signed off 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.
- 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 new business initiatives (NBC), tactical enhancements and strategic projects within assigned businesses to ensure Financial Control requirements are met that will enable 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 Senior Management team, including the WME Chief Financial Officer, members of the 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.
Financial Controller Manager in London employer: Teksystems
Contact Detail:
Teksystems Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the wealth and private banking sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its financial control processes. Be ready to discuss how your experience aligns with their needs, especially around IFRS compliance and change management. Show them you’re not just a fit, but the perfect fit!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your contributions to financial control frameworks and how you've tackled challenges in previous roles. Confidence is key when it comes to landing that job!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly can sometimes give you an edge over other candidates. So, get your application in and let’s make it happen!
We think you need these skills to ace Financial Controller Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Controller Manager role. Highlight your recent wealth or private banking experience and any relevant financial control activities you've been involved in. 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 this role. Mention specific experiences that relate to the responsibilities listed in the job description, and don't forget to show your enthusiasm for joining our team at StudySmarter.
Showcase Your Analytical Skills: Since the role involves preparing analytical reviews and variance analysis, make sure to highlight any relevant experience you have in these areas. We love candidates who can demonstrate their ability to communicate key drivers to senior management effectively.
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. Plus, it’s super easy!
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, especially how it relates to IFRS compliance. Brush up on your knowledge of balance sheets and income statements, as well as the specific requirements for wealth management and private banking.
✨Prepare for Analytical Reviews
Be ready to discuss your experience with month-end results and variance analysis. Think of examples where you've communicated key drivers to senior management and how you contributed to continuous improvements in financial processes.
✨Showcase Your Change Management Skills
Since this role involves finance change and projects, prepare to talk about your experience in defining end-to-end processes and managing migration strategies. Highlight any successful projects you've been part of and how you tackled challenges during the change process.
✨Engage with Real Scenarios
During the interview, be prepared to engage in discussions about real-life scenarios related to operational risk management and reconciliation processes. Use specific examples from your past roles to demonstrate your problem-solving skills and ability to implement effective action plans.