Financial Accounting Manager

Michael Page; City Of London; On-site; GBP 75,000 - 80,000; Full time

Job summary

A reputable financial services company in the City of London seeks an experienced Financial Accounting Manager to oversee financial reporting and lead a team. The ideal candidate will have a recognized accounting qualification, strong leadership skills, and knowledge of financial regulations. This position offers a salary of approximately £75,000-£80,000 along with a benefits package that includes a generous pension contribution and performance bonuses.

Benefits

15% employer pension contribution

Private health cover

Life insurance

Income protection

Performance-based bonus

Opportunities for professional development

Qualifications

• Recognised accounting qualification like ACA, ACCA, or CIMA.
• Experience in financial reporting standards (FRS 102 and IFRS).
• Proven experience in leading teams in finance.

Responsibilities

• Oversee production of accurate financial reports.
• Ensure compliance with statutory requirements.
• Mentor team and assist with financial tasks.
• Collaborate with stakeholders for insights.
• Coordinate external audits.

Skills

Financial reporting

Team leadership

Analytical skills

Stakeholder collaboration

Process improvement

Education

ACA, ACCA, or CIMA qualification

Job description

Overview

The Financial Accounting Manager will oversee financial reporting in IFRS and FRS 102. This role requires a strong technical accounting background and the ability to lead a high-performing team in the accounting & finance department across the full statutory/financial reporting lifecycle - month end, quarterly, half yearly, and annual close (extended trial balance view). It will also manage a team of 4 direct reports.

Company

A well-established US parent in the financial services sector with a strong presence in the industry. The company is expanding into London and focuses on financing for its clients (equipment, invoice financing, deposits, payments). It offers a professional and collaborative environment.

Description

Financial Accounting Manager

City of London

Banking & Financial Services

• Prepare and oversee the production of accurate financial reports in line with accounting standards (FRS 102 and IFRS).
• Ensure compliance with statutory requirements and internal financial policies across month end, quarterly, half yearly and annual close in extended trial balance view.
• Manage and mentor a team within the accounting & finance department to deliver high-quality results, rolling up sleeves to assist and review AP, AR, Journals, Payments, Ledger Adjustments.
• Collaborate with internal stakeholders as business partner to provide financial insights and recommendations.
• Coordinate external audits and address auditor queries effectively.
• Develop and implement process improvements to enhance financial reporting efficiency ahead of new system go live, UAT.
• Monitor and manage financial risks to ensure robust internal controls are in place.
• Manage a direct team of 4 heads.

Profile

• Financial Accounting Manager
• City of London
• Banking & Financial Services
• A successful Financial Accounting Manager should have:
• A recognised accounting qualification such as ACA, ACCA, or CIMA - ideally ex Big 4 or Practice top 100 having thereafter taken time in-house within FS.
• Extensive knowledge of financial reporting standards and compliance requirements (FRS 102 and IFRS).
• Proven experience in leading and managing teams within accounting & finance, specifically within Payments, SME Bank or Deposits/Savings house.
• Strong analytical and problem-solving skills with attention to detail.
• Ability to collaborate effectively with internal and external stakeholders.
• Experience in process improvement and financial systems implementation is an advantage.

Job Offer

• Competitive salary of approximately £75,000-£80,000 per annum.
• Generous benefits package, including a 15% employer pension contribution, private health cover, life insurance, and income protection.
• Performance-based bonus scheme.
• Opportunities for professional development within the business services industry.
• Supportive company culture with a focus on collaboration and growth.
• If you are an experienced Financial Accounting Manager looking for a permanent role in a thriving environment, we encourage you to apply today