Financial Consolidation Specialist

1 week ago

Edinburgh, Edinburgh, United Kingdom NatWest Full time
Job Title: Consolidation Manager

We are seeking a highly skilled Consolidation Manager to join our team at NatWest. As a key member of our Finance function, you will play a critical role in supporting the bank's annual budget process and various internal and regulatory stress tests.

Your primary responsibility will be to produce the monthly consolidated financial forecast for the bank and key legal entities. You will be expected to demonstrate a deep understanding of consolidation accounting principles and IFRS statutory reporting requirements.

Key Responsibilities:

  • Lead the preparation and posting of journal entries, as well as querying and understanding data submissions from stakeholders.
  • Prepare commentary and analysis to demonstrate an understanding of the consolidated financial results.
  • Act as a primary point of contact for stakeholders on accounting and financial reporting advice matters.
  • Support the development of strong working relationships with key stakeholders across Planning & Performance and the wider Finance function.
  • Reconcile and review key outputs from the monthly consolidation and analysis, and deliver an explanation of the consolidated results.

Requirements:

  • Relevant experience in a financial reporting role, with knowledge of IFRS statutory reporting requirements, particularly consolidation accounting and principles.
  • Proactive approach to continuously improving tasks and procedures.
  • Ability to work under own initiative and manage multiple priorities.
  • Knowledge of Oracle EPM or other planning tools, and experience with stress testing.
  • Strong analytical and problem-solving skills, with the ability to identify and resolve complex issues.

We are looking for a highly motivated and experienced professional who can bring their expertise to our team. If you have a passion for financial reporting and consolidation, and are looking for a challenging and rewarding role, we encourage you to apply.

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