Reporting Accountant

Secure Trust Bank; Metropolitan Borough of Solihull; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading UK financial institution is seeking a candidate responsible for external reporting and technical accounting. You will support the production of consolidated financial statements and liaise with external auditors. The ideal candidate has financial services experience and a strong understanding of IFRS standards. This position values diversity in the workplace, promoting a culture where everyone can be their authentic selves.

Qualifications

• Experience in producing Annual Reports and Interim Reports.
• Ability to interpret complex accounting and regulatory requirements.

Responsibilities

• Support the production of consolidated financial statements.
• Liaise with external auditors and provide timely responses to queries.
• Review month-end outputs to understand financial movements.

Skills

Financial Services Experience

Technical Accounting Knowledge (IFRS)

Analytical Skills

Regulatory Compliance Understanding

Job description

About The Role

The role is responsible for supporting the delivery of the Group's consolidated and subsidiary financial statements, advising on complex technical accounting matters and the production of Tax returns and compliance with Tax regulation. As a member of the external reporting team, the successful candidate will have contact with numerous stakeholders at varying levels of seniority within the business and externally (external auditors and tax advisers).

Key Responsibilities

Annual report & Accounts, Interim Accounts and Profit Verification:

• A critical member of the external reporting and tax team responsible for, amongst other items, the Annual Report and Accounts and Interim Accounts. Responsibilities include:
• Support the production of the consolidated results and financial statements for the Group and its subsidiaries.
• Prepare accurate and timely disclosures to a high standard for first review.
• Monitor the receipt of internal deliverables, and review these, to support the reporting process.
• Liaise with the external auditors, monitor the adherence to their client request list and ensure these are provided on time. Provide timely responses to their queries. As a member of the external reporting team, your role requires you to facilitate a smooth audit process which includes project management, timely delivery of information and explanations to auditors and good communication.
• Work closely with the regulatory reporting team to provide data needed for Regulatory Returns/ provide explanations as needed.
• Review month and period end outputs to understand movements as these ultimately feed in to the ARA and Interim Accounts.
• Pick up adhoc tasks as required to support the smooth running of the regular reporting processes.
• Understand the taxes applicable to the Group, reporting timelines and how the Group maintains compliance with its tax requirements. Familiarity with UK Corporation Tax and VAT is helpful.

Technical accounting:

• Demonstrate knowledge of accounting standards that are relevant to the Group e.g. IFRS 9, IFRS 2, IFRS 5 among others. Responsibilities include:
• Support the preparation of technical accounting papers, as required. Research accounting treatment for transactions, prepare drafts of accounting papers for review, that demonstrate an understanding of the accounting implications, consideration of alternatives and so on.
• Understand and challenge existing accounting treatment in respect of key judgements and rationalise to external auditors.
• Perform analysis on model outputs/ calculated outputs including variance analysis to identify inaccuracies/ discrepancies in reporting.

What you will bring

• FS Experience desirable
• Technical accounting knowledge (IFRS)
• Ability to interpret complex and detailed accounting, tax or regulatory requirements and apply them to the Group's circumstances
• Experience in producing Annual Reports and Interim Reports and subsidiary accounts
• Familiarity with the Listing Rules as they apply to the Bank

Everyone is different. Everyone is valued

As part of our vision to become the most trusted specialist lender in the UK, we've been helping customers and businesses fulfil their ambitions since 1952. In that time, we've learned that we're more than the sum of our parts. We're a strong Group because of our people and our strengths; specialist, expert, ambitious and also diverse. All of our people are different and this is something we celebrate.

Every one of our employees brings unique talent, ability and perspective to their role.

That's why Secure Trust Bank Group nurtures differences. We understand that we perform better because we're not cast from the same mould. We actively embrace and support diversity, work with leading industry bodies and promote initiatives that reinforce our philosophy of giving you the freedom to be who you are.

We're an award-winning bank providing savings accounts and lending services to over one million customers. We're Secure Trust Bank Group. We embrace difference.