Financial Accountant

Found in: beBee jobs GB - 3 weeks ago


Wimbledon Park, Greater London, United Kingdom Close Brothers Limited Full time

Please note* Must have the right to live and work in the UK

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don't tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Join Close Brothers Debt Capital Markets Team where you will support a broad range of activities undertaken by the team. This role provides an exciting opportunity for the successful candidate to learn about the funding activities of Bank and to receive training in the execution and management of its wholesale financing activities, whilst assisting in the developments of Capital Markets programmes.

The Debt Capital Markets team within the Treasury Division of Close Brothers Limited, establishes and manages a dynamic range of secured funding transactions, utilising collateral from several divisions of the Bank. The team are also responsible for maintaining the Bank's unsecured wholesale funding programmes and utilising these programmes to strategically fund the Bank and Group via unsecured debt issuance.

RESPONSIBILITIES

Financial Accounting

  • Responsible for preparation of AF&L liquidity including but not limited to:
    • Preparation & analysis of funding and cashflow data
    • Understanding business specific cashflows to compile effective funding graphs with which funding can be booked
    • Complete liquidity regulatory reports
    • Maintain and own cashflow reconciliation and sign off file for FD review (WD8)
    • Interest calculations & interest expense forecasting
  • Prepare all monthly deliverables ensuring these are completed to high standards and within deadlines:
    • Month end process ensuring all monthly accounting is completed by closing of the ledgers by WD5 covering; payroll and commissions; funding costs; IFRS 16
    • Ensure costs are recorded accurately and allocated correctly with variance analysis explanations for submission by
  • WD-4 for payroll and commission expense
  • WD-2 for funding and WD3 for other costs
  • WD3 for other items
  • Liaise with the business on queries relating to income and expenses at month-end

Regulatory Reporting

  • Preparation of Liquidity related returns as above (PRA110, NSFR, FSA 017 and Basis Risk)
  • Aid with preparation of quarterly FINREP for review and approval by the FC and FD
  • Implement checks and controls, including cross-checks between returns
  • Work with the Group Regulatory team to ensure accuracy of data, appropriateness of assumptions and definitions employed.
  • Financial Reporting
  • Aid with preparation of information requested by the Tax team for tax calculations
  • Aid with preparation of the Interim and Year-end Financial Reporting Packs
  • Aid with preparation of statutory accounts

Other responsibilities

  • Support AF&L central workstreams to identify best practices and ensure that best practices are implemented across the teams
  • Challenge existing processes, identify and implement improvements to achieve better quality, efficiency

WE WOULD LOVE TO HEAR FROM YOU IF YOU ARE/HAVE:

  • Excellent interpersonal and communication skills
  • Ability to work independently and demonstrates a proactive approach
  • Ability to dive deep into data, existing processes, people and technology challenges to identify issues and opportunities
  • Demonstrated ability to meet deadlines while managing multiple workstreams
  • Ability to link business activities to financial control
  • Fluent English required (verbal/ written)
  • Qualified Accountant (ACA, CIMA, ACCA)
  • Strong Excel skills (V-look-ups, Pivot tables, Index- Match)
  • Microsoft Office

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU ARE/HAVE:

  • Knowledge of Asset Finance business
  • Experience of SAP (ECC and BEX)
  • Experience of Alteryx

Please note* Must have the right to live and work in the UK


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