Global Investment Bank is currently searching for a Technical Accounting VP to join their team in London. This is a very unique role that combines Advisory, Policy Development, Transaction support and Projects. The position also offers hybrid flexible working environment with circa two days in the office and a great work life balance.
Responsibilities:
- Ensure the provision of authoritative technical accounting support to a number of businesses in the Group To cover day-to-day query flow, New Product Approvals, capital applications, etc. Build deep and effective working relationships across the business, with the resilience to see issues through to completion, working with other functions as needed (e.g. Regulatory policy, Legal, Risk or other areas in Finance).
- Support on application of the group standards in reporting by other Finance functions (e.g. Financial and Product control, Finance business partners or Financial Reporting).
- Provide appropriate training to support Finance, business and other functions in order to support their daily operations.
- Group-wide authority for a range of technical topics. Pro-active checking regarding implementation, identifying and escalating material gaps. Understanding of how subject area impacts and is reflected in returns/public disclosures for group and main operating entities. Awareness of approaches adopted by competitors. Track proposed rule changes and liaise with impacted businesses and functions to shape meaningful advocacy, interpretation & implementation planning for the firm.
- Implementation of new accounting standards and review and remediation as required for application of existing requirements.
- Ensure the accounting group standards on the allocated subject matters are up to date for all published standard requirements and policy interpretations, that they are easy to read and understand by other internal users.
- Oversight of technical accounting compliance for external reporting under quarterly timetable and other ad-hoc reporting.
Requirements:
- Qualified accountant with post qualification experience within Financial Services
- Currently working a Policy/Technical Accounting/Financial Reporting role in another Bank or in Big 4 Consultancy in a technical accounting or audit role.
- Demonstrated good understanding of banking products and relevant technical accounting concepts.
- Ability and demonstrated interest in understanding and applying technical accounting requirements under IFRS in the context of a universal bank or investment banking franchise. It is not necessary to have a fully developed technical accounting knowledge as this will be expanded in-role, but existing capability and evidence of understanding of IFRS accounting requirements and their implications to products and transactions is required.
- Strong analytical skills and capability for self-directed research and work, which is required in order to resolve technical accounting matters.
- Ability to evaluation corporate structures/new products, understanding the salient features and commercial drivers
- Strong control awareness including understanding the key controls required in a bank, with a keen appreciation of reputational risk factors.
This role involves regular interaction with key stakeholders across the business and is therefore essential you have strong interpersonal, influencing and team working skills, with the capability to build and sustain effective working relationships to drive technically robust outcomes, whilst still promoting strategic/commercial objectives of the business. The position offers a realistic pathway to a Director level role in the future.
Eames Consulting is acting as an Employment Agency in relation to this vacancy.
