Banking Job – Financial Reporting Officer – London

Job title:

Banking Job – Financial Reporting Officer – London

Company

People First

Job description

Banking Job – Financial Reporting Officer – London

• £55,000 – £63,000 per annum
• Permanent – Hybrid
• Central London
• Ref: 22847

Job Title: Financial Reporting Officer (Banking)Status: PermanentSalary: £55,000 – £63,000 per annumLocation: CityWork hours: Mon to Fri, 9:00 – 17:00Hybrid: 3 days in the office and 2 days – at homeAn international bank in the City is looking for a Financial Reporting Officer.Financial Reporting Officer (Banking) – RESPONSIBILITIES:

• Assisting the preparation of management accounts, tax returns and reports, and the implementation of new banking systems.
• Preparing annual financial statements as per UK GAAP after making necessary GAAP adjustments for the UK Corporation tax.
• Producing monthly management accounts of London branch and prepare analytic review timely and accurately.
• Participating on the projects for replacing core banking systems by learning/testing new systems and taking part in the implementation of new systems.
• Preparing and submit Head Office reports timely and accurately.
• Performing month end and quarter end closing process (such as reconciliation, bond price upload in systems etc.)
• Performing periodic reconciliation and control checks and take necessary actions in order to resolve the accounting issues by coordinating with other departments.
• Assisting tax manager on the preparation of VAT returns.
• Assisting on the preparation of Capital attribution tax adjustment (CATA) schedule for the corporation tax.
• Participating in the new product launching process by identifying any accounting and tax related issues and taking part in the UAT process.
• Updating the department’s policies and procedures in order to reflect the changes driven by launching of new products, system changes or change in internal and external rules and regulations.
• Carrying out such other duties as requested by Head of Department and General Manager.

Financial Reporting Officer (Banking) – QUALIFICATIONS AND EXPERIENCE:

• University graduate and a qualified accountant (ACCA, ACA, CIMA) (required).
• PC skills: Advance level on Ms Excel/Word and Ms Access (desirable)
• Previous experience in the accounting department in the banking or financial services industry.

Please follow us on Linkedin:We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website.Click for more from in London, your Banking recruitment specialists

Expected salary

£55000 – 63000 per year

Location

London

Job date

Sun, 12 Jan 2025 00:20:33 GMT

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