Financial Accountant - LDC

Lloyds Banking Group; Greater London; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Hybrid Working

Job Share

Job summary

Lloyds Banking Group’s Lloyds Development Capital (LDC) is seeking a post-qualified Financial Accountant to join a high-calibre team. You’ll own key financial accounting activities, support IFRS reporting, statutory accounts, and liaise with external auditors, while strengthening controls and processes.

Based in London at One Vine Street, the role offers hybrid working, broad exposure to finance transformation initiatives, and opportunities to partner with stakeholders across the business as the

Qualifications

• Fully Qualified Accountant (ACA, ACCA, CIMA) preferred.
• 1-2 years’ experience in management and financial reporting.
• Experience with IFRS audited statements advantageous.
• Strong Excel and financial systems skills, with an interest in automation.

Responsibilities

• Prepare and review monthly management accounts with variance analysis.
• Support statutory accounts under IFRS and year-end reporting.
• Assist with external audits and act as a key contact for auditors.
• Maintain robust general ledger and financial controls.
• Lead balance sheet reconciliations and financial reporting.
• Support finance systems development and process improvements.

Skills

Analytical

Detail-oriented

Commercially aware

Excel skills

Financial systems

Communication

Self-motivated

Education

Fully Qualified Accountant (ACA/ACCA/CIMA)

Job description

End Date

Thursday 03 September 2026

Salary Range

£0 - £0

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

Title: Financial Accountant
Location: One Vine Street, London

Overview
Lloyds Development Capital (“LDC”) is the private equity arm of Lloyds Banking Group (“LBG”). The LDC Group structure is a combination of corporate entities (operating/holding companies) and partnerships (funds and general partner).

LDC is the most active mid-market private equity investor, investing £2m-£100m in medium sized private companies with ambitious, entrepreneurial management teams with the objective is to realise capital gains by sale of these companies, typically within 3-5 years.

The Role
This is an excellent opportunity for an ambitious accountant with post-qualified experience in corporate reporting to join a high-calibre, collaborative environment and gain broad exposure across financial reporting, controls, business partnering and finance transformation initiatives.

Working within a close knit team, the successful candidate will report to the Financial Controller, taking ownership of key financial accounting activities while also helping to enhance finance systems, processes and reporting capabilities.

Job Description

Reporting Line

Financial Controller

Key Responsibilities

• Prepare and review monthly management accounts including variance analysis and supporting reconciliations.
• Support the delivery of statutory accounts under IFRS and year-end reporting requirements.
• Assist with the external audit process, acting as a key point of contact for auditors.
• Ensure the integrity of the general ledger and maintain a robust financial control environment.
• Prepare balance sheet reconciliations.
• Produce financial analysis and reporting to support business decision-making.
• Review and improve existing financial processes, controls and reporting frameworks.
• Lead and support finance systems development projects, helping to automate and streamline manual processes.
• Oversight of AP/AR process
• Work closely with stakeholders across the business to identify opportunities for operational and reporting improvements.
• Support the preparation of VAT returns and FCA regulatory reporting
• Assist with ad hoc projects and strategic initiatives as the business continues to grow and evolve.

Control Environment

• Preparation of the month end process for the LDC Group.
• Maintaining LDC control environment whist also complying with LBG group minimum standards (GMS).
• Producing and maintaining monthly reconciliations to substantiate the month end balances. Proactively deliver and close out any open action points or queries.
• Complying with controls included on the One RSA (LBG risk register).
• Preparation of regulatory submission including FCA returns, ONS returns and the Group RWA.
• Continuously develop and challenge existing internal controls to conform with best practice.
• Proactively seeking to identify improvements to manual processes and management reporting information leading to higher value-added work.

Overall

• Preparation of financial statements for corporate entities under IFRS including liaison with, and providing information to external auditors and the LBG team.
• Support the annual statutory audit process for several corporate entities within the LDC Group by ensuring queries are resolved and workflows are delivered with agreed timeframes.
• Continuous of development of the infrastructure and controls environment to drive increased efficiency, effectiveness, and cost management.
• Strong understanding and maintenance of financial controls, focusing on the provision of quality management information and the integrity of the trial balance.
• Integration of multiple accounting systems with relevant understanding of underlying data and financials.
• Understanding the business and keeping up to speed with business developments and being able to communicate this effectively to team members and stakeholders.
• Ad hoc analysis.

Requirements

• Fully Qualified Accountant (ACA, ACCA, CIMA preferred).
• 1-2 years’ experience in management reporting and financial reporting, in private equity or chartered accounting firm preferred but not a prerequisite.
• Preparation of audited financial statements under IFRS an advantage.
• Strong financial accounting and technical reporting knowledge.
• Experience working within a professional services, financial services, private equity, investment management or corporate environment would be advantageous.
• Demonstrable experience improving finance processes, controls or systems.
• Strong Excel and financial systems skills, with an interest in automation and continuous improvement.
• Analytical, detail-oriented and commercially aware.
• Confident communicator with the ability to build relationships across a range of stakeholders.
• Self-motivated and comfortable operating within a small, hands-on finance team.

About working for us

Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We’re committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern.

We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you’d like an adjustment to the recruitment process just let us know.

At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.

We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.