GCM Financial Accountant II - UK

M&T Bank; Camden Town; On-site; GBP 40,000 - 55,000; Full time

Job summary

A financial institution is seeking an experienced accountant to support operational accounting functions, manage projects, and mentor staff. The ideal candidate will have a degree in Accounting, ACCA or CIMA qualifications, and at least 3 years of relevant experience. Responsibilities include closing the general ledger, variance analysis, and ensuring compliance with regulatory standards. The position fosters a supportive environment and promotes the institution's brand.

Qualifications

• Minimum of 3 years' post ACCA/CIMA qualification accounting experience.
• Experienced with GAAP and IFRS accounting standards.
• Proficient in using personal computers and common software.

Responsibilities

• Support monthly general ledger closing for assigned areas.
• Champion variance analysis and accounting data integrity.
• Guide and mentor less experienced personnel.

Skills

Attention to detail

Strong communication skills

Financial risk analysis

Supervising accounting staff

Education

Bachelor's degree in Accounting or related field

ACCA or CIMA qualified

Tools

Accounting software

Microsoft Excel

Job description

Overview

Supports all accounting-related activities, projects, analysis and/or conversions for an assigned area within Global Capital Markets (GCM). Responsible for development and management of operational accounting control functions in support of the Company accounting systems, including maintaining accounting entry flow process to support accurate and timely reconciliation of all general ledger accounts and internal and/or external reporting of financial information and regulatory reporting. Independently leads projects within or across the division and/or represents the division in enterprise-wide projects involving business partners outside the department. Conducts technical, highly complex and critical accounting-based research and analysis projects to provide management with definitive financial data and advice. Serves as mentor to less experienced staff.

Responsibilities

• Support the monthly general ledger closing for an assigned area outside Finance, including analyzing and interpreting account fluctuations and monthly/quarterly reporting (could include manual processing).
• Champion monthly variance analysis, reconciliations, tests of accounting data integrity, and work paper reviews.
• Review accounting transaction documentation for completeness and accuracy; identify and work to resolve accounting issues and variances.
• Provide guidance and mentoring to less experienced personnel; provide input to the annual review process for them.
• Champion the improvement and implementation of existing processes and new processes related to the accounting for various products that enhance the efficiency and effectiveness of the department.
• Support the integration of acquired portfolios to the Bank's general ledger.
• Create business requirements documents and functional requirements as well as test and implement these new requirements.
• Provide significant accounting and operational support throughout the department, ensuring appropriate levels of internal control.
• Complete, and at times direct, related projects and highly specialized assignments in support of department initiatives.
• Participate in and/or lead special projects related to accounting, financial reporting, regulatory reporting and/or policy and procedure review.
• Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Complete other related duties as assigned.

Scope of Responsibilities

The position works independently under general supervision. This position interacts with internal business partners as well as internal and external auditors and assists less experienced personnel on more complex issues. The position will also provide coaching and guidance to less experienced team members.

Qualifications

• Bachelor's degree in Accounting or related field with a minimum of 3 years' post ACCA/CIMA qualification accounting experience, or in lieu of a degree, a combined minimum of 8 years' higher education and work experience
• Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) qualified
• Proficient in the use of personal computers including word processing, spreadsheet presentations and industry-specific software
• Experience in the application of Generally Accepted Accounting Principles (GAAP) principles
• Experience in the application of International Financial Reporting Standards (IFRS) Accounting Standards
• Experience developing and implementing financial controls
• Detail oriented
• Excellent understanding of financial risk, using it to critically appraise and develop processes and influence decisions.
• Outstanding written and verbal communications skills.
• Experience supervising less experienced accounting staff.

Education and Experience Preferred

• Experience in financial services accounting
• Experience working in an agile environment