Accounting and Control - Assistant Vice President - Global Corporate and Investment Banking Group - Up to £70,000 Bonus Benefits - City/London with hybrid working - eFinancialCareers : Job Details

Our client is a global corporate and investment banking group who have been well-managed over the last 15 years, achieving steady growth while offering a stable environment for its employees. Their Finance function is now recruiting for a fully-qualified (ACA / ACCA / CIMA) accounting professional at AVP level to join its Income / Revenue Reporting team, part of the Management Reporting & Analytics division. They are ideally looking for a candidate from the banking or financial services sector. The role would also offer a positive working environment (with hybrid working), excellent career development opportunities, along with a friendly and professional team.

Profile Criteria:

Background

The team are responsible for:

• • Producing the EMEA ALCO reporting (divisional results).
  • Ensuring that the bank’s and regional bookings are correct and reporting of performance is correct.
  • Preparing HO reports for the bank and its various entities.
  • Producing any MI and analysis in relation to the above.

Purpose of the Role:

• • Management and control of the data integrity within Gross Profit transactional reporting in the bank’s MI system in order to provide management information for the EMEA region and all related work.
  • Provide technical support relating to Management and Financial Accounting matters.
  • Treasury P&L reporting subject matter expert in Finance & Control (including month end reporting and investigating Treasury reconciliation breaks).
  • Production of Financial and Management Accounting Reports and Analysis for both EMEA and Head Office audiences.

Position Description

• • Preparation of monthly performance data within the bank’s MI system including updates, consistency checks and reconciliations for all booking locations within the EMEA region.
  • Analyse P&L in the bank’s MI system to ensure completeness versus GL and accurate allocation between front office departments, Treasury and Planning.
  • Discuss with and advise relevant stakeholders (for example, within Finance & Control, Planning and Treasury departments) regarding the treatment and booking of transactions.
  • Reporting to colleagues and management of expected and unexpected allocations and other variance observations.
  • Review of reporting (and other) processes, to identify and investigate any reporting risks and inefficiencies.
  • Devise solutions which eliminate or mitigate risk and inefficiencies through automation.
  • Liaise with Head Office departments and accounting teams of the overseas branches world-wide to guide and support them with regards to EMEA transactions.
  • Lead the system set-up of data structure changes (e.g. opening of new branches, departmental restructure), proactively seek the required information to ensure that the set-up will work effectively, analysing and making decisions in how to achieve the desired outcome.
  • Provide analysis of monthly income for management including production of commentary, tables and charts as required.
  • Identify potential sources of risk, investigating them thoroughly and taking appropriate action.
  • Taking a proactive approach, on behalf of the team, in being involved in Finance & Control / the bank’s initiatives.
  • Ensuring up to date procedures are kept for team workflows and processes.
  • Develop and maintain good working relationships with Operations, Systems and Front office departments.