Financial Controller - Retail Bank / 9 mnth FTC

City of London Permanent £60,000 - £75,000
  • Lean Finance team with big profile-recognition & training by very senior players
  • Hybrid ownership across Statutory/Annual, Reg, Tax, FP&A

About Our Client

Well known global bank with Emerging Market HQ - enjoyed sizeable growth over the last 5 year in particular with UK branch looking at expansion and acquisition

Job Description

Financial Controller - Retail Bank / 9 mnth FTC

City of London location (with lots of home working)

Banking & Financial ServicesA strong financial controller is required who has extensive experience in managing all reporting obligations for a bank. This includes the preparation of all statutory and management reports. Submission of all COREP reports and as well as ensuring compliance with the Bank's tax obligations including the preparation and submission of the VAT and Corporation tax returns. The candidate will need to be able to build strong stakeholder relationships across the organisation including Head Office as well as build a good a strong relationship with the statutory auditor.* Need to maintain error free accounts (to be prepared weekly, monthly, quarterly basis) and have also meet all the timelines
* Have to liaise with the external auditor, to close the audit process as effectively as possiblewithin tight deadline
* Preparation and designing of accounting model and framing the financial accounts in line with IFRS standards for various purposes by keeping abreast of the developments and changes affecting the bank in the next few years

* Updating the accounting policy of the Bank whenever there are any changes to new policies and standards

* Ensure tax compliance by the Bank not restricted to VAT, Corporation Tax and provide guidance with holding tax matters
* Have to coordinate with various teams for presentation for Board
* Should be involved in preparing the annual budget along with ICAAP and ILAA
* Have to closely manage the entry level data and to provide training to Operations team on day to day basis
* Support business heads with suitable MIS for performance monitoring at product and group level at regular intervals* Strong understanding of the Banking regulatory reporting requirements. To carry out Bank of England and COREP Reporting; including FINREP reporting such a - FINREP, COREP. Own Fund, LCR, ALMM, Large Exposure returns

* Helping business team in identifying accounting entries and setting up controls for any new products and processes
* Overall expenditure control and analysis
* Assist Ops & IT team in developing and implementing their plan

The Successful Applicant



Financial Controller - Retail Bank / 9 mnth FTC* ACA Qualified or equivalent ACCA / CIMA...
* Big Four experience preferable before embarking on the move in-house to a Bank
* Banking experience in UK
* Regulatory reporting knowledge deairable on top of Statutory Reporting and Annual Accounts
* Good knowledge on IFRS
* Excellent excel skills is essential

What's on Offer

  • Base £60,000 to £75,000 pro rata
  • Company benefits package pro rata
  • Bonus scheme at end of contract (with view to then going permanent)
Contact
Jonathan Gilmore
Quote job ref
JN-092021-3597122
Phone number
+44 (0)207 776 5957

Job summary

Location
Contract type
Consultant name
Jonathan Gilmore
Consultant phone
+44 (0)207 776 5957
Job reference
JN-092021-3597122