Financial Reporting Manager

JR United Kingdom; Slough; On-site; GBP 50,000 - 75,000; Full time

Job summary

A prominent international bank in Central London is seeking an experienced finance professional to oversee financial reporting and compliance duties. Candidates should have a solid background in financial analysis, regulatory reporting, and banking, along with a qualification as an accountant.

Qualifications

• Qualified accountant with relevant banking experience.
• Experience in financial accounts preparation and compliance with UK GAAP/IFRS.
• Capability in managing one report and supporting staff development.

Responsibilities

• Oversee preparation of financial reports to ensure compliance with regulations.
• Provide supervision and support to the Assistant Manager, Finance.
• Implement and improve financial reporting processes and internal controls.

Skills

Financial reporting

Tax compliance

Audit support

Internal controls

Regulatory reporting

Process improvements

Team management

Education

Qualified accountant

Job description

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International Bank based in Central London. Looking for an experienced finance professional to join their team to take ownership of the financial reporting duties. Line management of one report and a direct channel into HoF & CFO.

Key Focus Areas:

1. Prepare and oversee the preparation of financial reports (balance sheets, income statements, cash flow statements) ensuring compliance with UK GAAP/IFRS.
2. Perform timely financial analysis to explain variances, trends, and key metrics to aid management decision-making.
3. Tax and VAT Compliance:
4. Oversee the preparation of tax returns, quarterly tax payments, VAT returns, and the yearly BBSI return.
5. Audit Support and Financial Statements:
6. Prepare disclosure notes for the annual financial statements and collaborate with external auditors to complete the audit.
7. Internal Controls:
8. Establish and maintain internal controls over financial reporting to ensure data accuracy and reliability.
9. Staff Supervision:
10. Supervise and guide the Assistant Manager, Finance, including reviewing their tasks and providing professional development support.
11. Regulatory Reporting:
12. Assist with the completion of regulatory returns (e.g., FINREP) and other relevant reports.
13. Process and Control Improvements:
14. Identify and implement improvements to financial reporting processes and internal controls.
15. Compliance:
16. Ensure compliance with financial reporting laws, regulations, and data integrity in core systems.
17. Holiday and Ad-hoc Cover:
18. Provide cover for key roles (Chief Accountant, Manager, Group Reporting) and assist with ad-hoc requests.
19. Experience/Background:
20. Qualified accountant (no preference)
21. Good experience and potentially relevant background
22. Banking experience required (ideally current experience, but track record also of interest)
23. Experience in preparation of financial accounts (including knowledge of FRS 102 and IFRS 9)
24. Experience in preparation of corporation tax and VAT matters
25. Regulatory reporting experience and knowledge of FINREP is highly desirable
26. Team management experience for 1 direct report is useful but not essential