We are currently partnering with an established banking institution to recruit an experienced Senior Year-End Financial Reporting Accountant for an initial six-month contract.
This is a key role within the Finance function, requiring a technically strong and hands-on accountant who can take ownership of the Bank's statutory year-end reporting and lead the financial accounts process through to completion.
The successful candidate will have a proven background in Banking, with demonstrable experience managing year-end statutory accounts and leading external audit processes. You will be expected to operate autonomously, quickly establish an understanding of the Bank's reporting requirements and deliver high-quality financial statements within demanding deadlines.
Key Responsibilities
Take end-to-end ownership of the annual statutory accounts preparation, from trial balance review through to completion of the financial statements.
Lead and coordinate the year-end reporting and external audit process, acting as a key contact for external auditors.
Prepare, review and validate statutory financial statements, balance sheet reconciliations, supporting schedules and audit documentation.
Apply detailed technical accounting knowledge across IFRS and FRS 102, ensuring compliance with relevant reporting standards.
Oversee financial instrument reporting and disclosures, including loans and advances, customer deposits, borrowings and derivatives.
Review impairment provisioning methodologies and calculations, including IAS 39 requirements for relevant legacy portfolios and comparative reporting.
Assess and review Effective Interest Rate (EIR) calculations, ensuring the appropriate recognition of interest income, fees and transaction costs.
Support derivative valuations, fair value accounting and hedge accounting documentation, where applicable.
Prepare technical accounting papers to support complex judgements, accounting treatments and financial statement disclosures.
Investigate and resolve reporting discrepancies, challenge proposed audit adjustments where appropriate and ensure all deliverables are completed accurately and on time.
Work closely with Finance, Treasury, Risk and other internal stakeholders to obtain and validate year-end reporting information.
Requirements:
Fully qualified accountant (ACA, ACCA, CIMA or equivalent).
Immediately available to start or on a short notice period (max 2 weeks).
Significant financial reporting and statutory accounting experience gained within a bank, building society or lending institution.
Proven experience taking ownership of, or leading, the preparation and delivery of annual statutory accounts within the banking sector.
A strong track record of managing external year-end audits, including direct engagement with external audit teams.
Advanced technical knowledge of IFRS and FRS 102, with practical experience of banking financial instruments.
Advanced Excel skills and the ability to work confidently with complex financial data and reconciliations.
The ability to work independently, manage competing deadlines and deliver with minimal supervision.
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