Finance Analyst - Financial Control

Bank of London; City Of London; On-site; GBP 35,000 - 45,000; Full time

Job summary

A financial institution in London is seeking a Finance Control Analyst to support financial reporting and compliance activities. The ideal candidate will have a degree in Accounting, Finance, or Economics and experience in a finance role, ideally in banking. Responsibilities include preparing financial accounts and reporting on performance. This is an in-office position, requiring 5 days a week at the London location.

Qualifications

• A degree in Accounting, Finance, or Economics (graduate-level applicants welcome).
• A part-qualified accountant with experience in a finance or accounting role, ideally within a bank.
• Demonstrated understanding of accounting principles and a desire to complete a professional qualification.

Responsibilities

• Preparing accurate and timely financial accounts.
• Producing monthly management accounts and insights ahead of deadlines.
• Reporting on Bank performance to the Board.

Skills

Strong Excel skills

Excellent communication skills

Attention to detail

Strong organisational skills

Education

Degree in Accounting, Finance, or Economics

Part-qualified accountant (ACA, ACCA, CIMA)

Tools

VBA

PowerPoint

Job description

Overview

Bank of London offers a safer business banking model by holding all deposits at the Bank of England, eliminating the risk of 'bank runs.' It provides services such as Deposit-as-a-Service (DaaS), Embedded Banking, real-time Clearing, Payments, and Settlement, as well as Commercial Banking tailored to businesses. Powered by proprietary technology, the bank collaborates with SAP Fioneer to deliver innovative solutions. With a focus on exceptional service and core values of compassion, ownership, and curiosity, the bank strives for excellence in all it does.

We are seeking a highly motivated and proactive Finance Control Analyst to join our Finance Control team. This is a unique opportunity for a candidate with a strong academic background in Accounting, Finance, or Economics—or a part-qualified accountant with relevant experience in a finance or accounting role, ideally within a banking environment.

You will play a key role in supporting the Finance Control Director across a range of financial reporting, control, and compliance activities. This hands-on role offers excellent exposure to senior stakeholders, external advisors, and key financial processes critical to the Bank's operations.

Responsibilities

• Preparing accurate and timely financial accounts in accordance with International GAAP, internal group policies, and regulatory standards
• Producing monthly management accounts and delivering insights ahead of regulatory deadlines
• Reporting on Bank performance including key KPIs and financial metrics to the Board
• Managing and reconciling operational cash balances and flows
• Supporting and enhancing the finance control environment to ensure it remains robust and fit for purpose
• Performing day-to-day accounts payable activities, ensuring suppliers are paid on time and records are accurately maintained
• Supporting the timely collection of accounts receivable balances
• Preparing and submitting regulatory returns within the remit of the finance function
• Liaising with external stakeholders including: Auditors, Tax specialists, Professional services firms, Deposit aggregators, and Correspondent banking partners

Essential Qualifications & Experience

• A degree in Accounting, Finance, or Economics (graduate-level applicants welcome)
• A part-qualified accountant (ACA, ACCA, CIMA) with experience in a finance or accounting role, ideally within a bank or financial institution
• Demonstrated understanding of accounting principles and a strong desire to complete a professional qualification
• Strong Excel skills with the ability to work with large data sets
• Excellent communication skills - written and verbal
• A high degree of ownership, initiative, and a can-do attitude
• Attention to detail and strong organisational skills

Desirable Skills & Experience

• Exposure to modules or experience involving Artificial Intelligence (AI) or automation tools
• Working knowledge of VBA, PowerPoint, and other data analysis or reporting tools
• Experience preparing or supporting regulatory reporting within a financial services context

Location

• London (5 days per week in the office)
• Travel to other locations may be required on occasion

Diversity

Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, color, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.