At a Glance
- Tasks: Lead financial reporting and analysis, ensuring compliance with UK GAAP/IFRS.
- Company: Join a dynamic international bank in the heart of London during an exciting growth phase.
- Benefits: Enjoy a competitive salary up to £80k plus bonuses and career development opportunities.
- Why this job: Be part of a collaborative team that values your expertise and fosters professional growth.
- Qualifications: Must be a qualified accountant with at least 3 years' experience in financial services.
- Other info: Opportunity to work closely with senior management and external auditors.
The predicted salary is between 48000 - 64000 £ per year.
Financial Reporting Manager / Management Accountant
City of London
Permanent
Up to £80k+bonus
cer Financial are working alongside an established international bank based in Central London.
They are going through an exciting period of growth and are looking for an experienced Financial Reporting Manager to join their team on a permanent basis. This role pays up to a £80k package .
The postholder will have experience in overseeing the preparing and submitting of monthly and yearly financial and management accounts which will include financial analysis for the company. You will also have experience in managing and supervising the Assistant Manager and the Finance dept.
The responsibilities of the Financial Reporting Manager will include:
• Preparing financial reports: balance sheets, income statements, cash flow statements etc – in compliance with UK GAAP/IFRS
• Carrying out financial analysis to explain key metrics to senior management.
• Help to produce and review of tax return, tax payments, VAT returns and BB interest returns.
• Prepare Annual Statement notes
• Work closely with external auditors
The successful Financial Reporting Manager will have:
• Qualified Accountant
• A minimum of 3 years\’ experience in a similar role within financial services.
• Experience in preparation of financial accounts which includes knowledge of FRS 102 and IFRS 9).
• Experience in corporation tax and VAT subjects.
• Regulatory reporting exposure and knowledge of FINREP. #J-18808-Ljbffr
Financial Reporting Manager / Management Accountant employer: The Institute of Internal Auditors
Contact Detail:
The Institute of Internal Auditors Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Reporting Manager / Management Accountant
✨Tip Number 1
Network with professionals in the financial services sector, especially those who work in similar roles. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with UK GAAP and IFRS standards, as well as FRS 102 and IFRS 9. Being able to discuss these frameworks confidently during your interview will demonstrate your expertise and readiness for the role.
✨Tip Number 3
Prepare to discuss your experience with financial analysis and reporting in detail. Think of specific examples where your insights have influenced decision-making or improved processes within your previous roles.
✨Tip Number 4
Research the company’s recent developments and growth strategies. Understanding their current position in the market will allow you to tailor your responses and show how you can contribute to their ongoing success.
We think you need these skills to ace Financial Reporting Manager / Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in financial reporting and management accounting. Emphasise your qualifications, particularly if you are a qualified accountant, and detail your relevant experience in financial services.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Discuss your experience with preparing financial reports, conducting financial analysis, and managing teams, as well as your familiarity with UK GAAP/IFRS.
Showcase Relevant Skills: In your application, clearly outline your skills related to tax returns, VAT, and regulatory reporting. Mention any specific software or tools you have used that are relevant to the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects attention to detail, which is crucial for a Financial Reporting Manager.
How to prepare for a job interview at The Institute of Internal Auditors
✨Showcase Your Technical Knowledge
Make sure to brush up on UK GAAP and IFRS standards, as well as FRS 102 and IFRS 9. Be prepared to discuss how you've applied these in your previous roles, especially in preparing financial reports and accounts.
✨Demonstrate Leadership Skills
Since the role involves managing an Assistant Manager and the finance department, be ready to share examples of your leadership experience. Discuss how you've successfully supervised teams and handled any challenges that arose.
✨Prepare for Financial Analysis Questions
Expect questions about financial analysis and how you explain key metrics to senior management. Prepare specific examples of analyses you've conducted and the impact they had on decision-making.
✨Familiarise Yourself with Regulatory Reporting
Given the emphasis on regulatory reporting and knowledge of FINREP, ensure you understand the requirements and can discuss your experience in this area. Highlight any relevant projects or reports you've worked on.