Financial Accountant

Ultimate Banking Ltd; Manchester; On-site; GBP 55,000 - 70,000; Full time

Benefits offered by this job

Pension up to 10% employer

Life insurance

Job summary

Ultimate Banking Ltd in the Northwest of England is seeking a qualified Financial Accountant to join the Finance team and contribute to financial reporting, technical accounting, regulatory reporting, tax and continuous improvement.

Responsibilities include coordinating the preparation of the Annual Report & Accounts, maintaining technical accounting assessments for loan impairment, EIR adjustments, financial instruments and hedge accounting, and supporting audits with external advisers.

Qualifications

• Qualified accountant with ACA/ACCA/CIMA or equivalent.
• Post-qualification experience in financial accounting or statutory/regulatory reporting.

Responsibilities

• Coordinate the preparation of the Annual Report & Accounts.
• Maintain technical accounting assessments across loan impairment, EIR adjustments, financial instruments and hedge accounting.
• Lead relationships with auditors and coordinate audit requirements.
• Support annual P&L and balance sheet budgeting and five-year planning.
• Prepare MI and financial insights for committees.
• Coordinate submission of corporation tax and VAT liabilities.
• Prepare regulatory returns.
• Support second- and third-line assurance and audit activities.

Education

ACA/ACCA/CIMA

Job description

Our client is an established and successful specialist mortgage lender, based in the Northwest of England, serving customers across the UK through broker channels. This is an exciting opportunity for a qualified Financial Accountant to join the Finance team and play a key role across financial reporting, technical accounting, regulatory reporting, tax and continuous improvement.

Responsibilities include:

• Coordinating the preparation of the Annual Report & Accounts.
• Preparing and maintaining technical accounting assessments and methodologies across loan impairment, effective interest rate adjustments, financial instruments and hedge accounting.
• Leading relationships with auditors & coordinating audit requirements.
• Supporting annual P&L and balance sheet budgeting and the 5-year planning process.
• Preparing and presenting MI & financial insights at committee meetings.
• Coordinating the submission of corporation tax and VAT liabilities.
• Preparing regulatory returns.
• Supporting second- and third-line assurance and audit activities.

The successful candidate will possess:

• A qualified accountancy qualification such as ACA, ACCA, CIMA or equivalent.
• Relevant post-qualification experience within financial accounting, statutory reporting or a similar environment.
• Strong technical accounting knowledge and experience of financial reporting and regulatory requirements.
• Strong analytical and problem-solving skills, with the confidence to challenge and improve existing processes.
• Excellent communication skills, with the ability to work effectively with senior stakeholders, auditors and external advisers.
• Experience within a bank, building society, mortgage lender or wider financial services environment would be particularly relevant, especially where you have exposure to statutory reporting, technical accounting, regulatory reporting, financial instruments, impairment or financial services regulation.

Our client places a strong emphasis on its people and values a culture where members are at the heart of everything they do. The successful candidate will be curious, collaborative and confident in challenging the status quo, while bringing a professional and genuine approach to working with colleagues and stakeholders.

As well as a competitive salary, benefits include pension up to 10% employer contribution and life insurance.