Finance Manager - Financial Control

Bank of London; City Of London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading UK clearing bank is seeking a Chartered Accountant to oversee financial reporting and ensure compliance with UK regulations. The role requires strong knowledge of IFRS and experience in a regulated environment. Responsibilities include managing the integrity of the general ledger, coordinating audits, and improving financial control processes. This position offers an exciting opportunity to work in a dynamic financial landscape and engage with cross-functional teams.

Qualifications

• Strong post-qualification experience in financial control and reporting.
• Experience within a UK regulated environment with FCA/PRA familiarity.
• Deep knowledge of IFRS and multi-entity reporting.

Responsibilities

• Own monthly, quarterly, and annual financial reporting.
• Prepare statutory accounts under UK IFRS.
• Design and enhance financial control environment.

Skills

Chartered accountant

Financial control and reporting

Communication skills

Experience with AI and data automation

Power BI

Education

Chartered accountant qualification

Tools

Power BI

Job description

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Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud-native technology, we provide businesses with secure, API-driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place.

Responsible for statutory reporting across the Bank of London, ensuring timely, accurate, and compliant financial information, robust controls, and effective coordination with internal and external stakeholders.

Core responsibilities

• Own monthly, quarterly, and annual financial reporting for the Bank of London, including consolidated group results and entity-level statements
• Prepare statutory accounts under UK IFRS and applicable regulatory frameworks, coordinating audit deliverables end-to-end
• Maintain integrity of the general ledger, oversee journals, reconciliations, and close processes across entities and currencies
• Design, implement, and enhance the financial control environment, policies, and procedures across the Bank of London
• Lead cash management controls, including operational cash reconciliations and payment run governance
• Prepare regulatory returns within Finance's remit and coordinate with Regulatory Reporting for accuracy and timeliness
• Manage accounts payable and receivable timeliness, ageing reviews, and process improvements
• Coordinate external relationships: auditors, tax advisors, and other professional services providers
• Partner with cross-functional teams on finance systems changes, including Ledger implementation and related tooling (e.g., expenses)
• Support ad hoc analysis, business cases, and scenario modelling to inform executive decision-making

Collaboration

• Internal Audit on control reviews and remediation actions
• HR/People on headcount, payroll, and cost controls
• Risk and Compliance on policy adherence and control design
• Technology and Operations on system integrity and process automation
• Product and Customer teams on revenue recognition and cost allocations
• External auditors and advisors on audits and technical matters
• Deliver audited IFRS financial statements for the Bank of London on time with clean audit outcomes

Capabilities and experience

• Chartered accountant with strong post-qualification experience in financial control and reporting
• Proven experience within a UK regulated environment and familiarity with FCA/PRA expectations
• Deep knowledge of IFRS, consolidations, multi-entity and multi-currency reporting
• Demonstrated ability to assess, design, and improve control frameworks and finance processes
• Clear written and verbal communication, able to brief senior stakeholders and Boards succinctly
• We are particularly interested in candidates with exposure to AI and data-driven automation within finance and reporting
• Experience with Power BI, including building dashboards and analysing large datasets, would be advantageous

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, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.