At a Glance
- Tasks: Support accounting activities and lead projects in Global Capital Markets.
- Company: Join a leading financial institution with a focus on innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic role with opportunities for mentorship and growth.
- Why this job: Make a real impact in finance while developing your skills and career.
- Qualifications: Bachelor's degree in Accounting and relevant experience required.
The predicted salary is between 55000 - 65000 £ per year.
Supports all accounting-related activities, projects, analysis and/or conversions for an assigned area within Global Capital Markets (GCM). Responsible for development and management of operational accounting control functions in support of the Company accounting systems, including maintaining accounting entry flow process to support accurate and timely reconciliation of all general ledger accounts and internal and/or external reporting of financial information and regulatory reporting. Independently leads projects within or across the division and/or represents the division in enterprise-wide projects involving business partners outside the department. Conducts technical, highly complex and critical accounting-based research and analysis projects to provide management with definitive financial data and advice. Serves as mentor to less experienced staff.
Primary Responsibilities
- Support the monthly general ledger closing for an assigned area outside Finance, including analyzing and interpreting account fluctuations and monthly/quarterly reporting (could include manual processing).
- Champion monthly variance analysis, reconciliations, tests of accounting data integrity, and work paper reviews.
- Review accounting transaction documentation for completeness and accuracy; identify and work to resolve accounting issues and variances.
- Provide guidance and mentoring to less experienced personnel; provide input to the annual review process for them.
- Champion the improvement and implementation of existing processes and new processes related to the accounting for various products that enhance the efficiency and effectiveness of the department.
- Support the integration of acquired portfolios to the Bank's general ledger.
- Create business requirements documents and functional requirements as well as test and implement these new requirements.
- Provide significant accounting and operational support throughout the department, ensuring appropriate levels of internal control.
- Complete, and at times direct, related projects and highly specialized assignments in support of department initiatives.
- Participate in and/or lead special projects related to accounting, financial reporting, regulatory reporting and/or policy and procedure review.
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.
- Identify risk-related issues needing escalation to management.
- Promote an environment that supports belonging and reflects the M&T Bank brand.
- Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
- Complete other related duties as assigned.
Scope Of Responsibilities
The position works independently under general supervision. This position interacts with internal business partners as well as internal and external auditors and assists less experienced personnel on more complex issues. The position will also provide coaching and guidance to less experienced team members.
Supervisory/Managerial Responsibilities
Not applicable.
Education And Experience Required
- Bachelor's degree in Accounting or related field with a minimum of 3 years’ post ACCA/CIMA qualification accounting experience, or in lieu of a degree, a combined minimum of 8 years’ higher education and work experience.
- Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) qualified.
- Proficient in the use of personal computers including word processing, spreadsheet presentations and industry-specific software.
- Experience in the application of Generally Accepted Accounting Principles (GAAP) principles.
- Experience in the application of International Financial Reporting Standards (IFRS) Accounting Standards.
- Experience developing and implementing financial controls.
- Detail oriented.
- Excellent understanding of financial risk, using it to critically appraise and develop processes and influence decisions.
- Outstanding written and verbal communications skills.
- Experience supervising less experienced accounting staff.
Education And Experience Preferred
- Experience in financial services accounting.
- Experience working in an agile environment.
Location: London, United Kingdom
GCM Financial Accountant II - UK employer: Wilmington Trust
Contact Detail:
Wilmington Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land GCM Financial Accountant II - UK
✨Tip Number 1
Network like a pro! Reach out to folks in the finance industry, especially those who work in Global Capital Markets. A casual chat can lead to opportunities you might not find on job boards.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss GAAP and IFRS principles, as well as your experience with financial controls. We want to see how you can bring value to our team!
✨Tip Number 3
Show off your mentoring skills! If you’ve helped less experienced staff in the past, share those stories during interviews. It’s a great way to demonstrate your leadership potential.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace GCM Financial Accountant II - UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the GCM Financial Accountant II role. Highlight your relevant experience, especially in accounting and financial reporting, and don’t forget to mention your ACCA or CIMA qualifications!
Showcase Your Skills: In your application, emphasise your skills in variance analysis, reconciliations, and your understanding of GAAP and IFRS. We want to see how you can contribute to our team with your expertise!
Be Clear and Concise: When writing your cover letter, keep it clear and concise. Use straightforward language to explain why you're a great fit for the role and how your experience aligns with our needs at StudySmarter.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the position. We can’t wait to hear from you!
How to prepare for a job interview at Wilmington Trust
✨Know Your Numbers
Make sure you brush up on your accounting principles, especially GAAP and IFRS. Be ready to discuss how you've applied these standards in your previous roles, as this will show your technical expertise and understanding of the financial landscape.
✨Showcase Your Analytical Skills
Prepare to talk about specific projects where you've conducted complex financial analysis or reconciliations. Use examples that highlight your ability to interpret account fluctuations and provide actionable insights, as this is crucial for the role.
✨Be a Team Player
Since mentoring less experienced staff is part of the job, think of instances where you've guided others. Share how you’ve fostered collaboration within your team and contributed to a positive work environment, reflecting the company’s values.
✨Prepare for Process Improvement Discussions
The role involves championing process improvements, so come prepared with ideas or examples of how you've enhanced efficiency in past positions. Discuss any experience you have with implementing new processes or controls, as this will demonstrate your proactive approach.