A project is underway to deliver a revised Accounting Model for the core operating system within the business area of a leading bank in the City.
The Financial Control team provides a variety of services to the business including: • Full financial control services, including Balance sheet substantiation, control reporting, and SOX compliance and testing; • Full monthly subsidiary reporting & preparation of subsidiary accounts; • Regular reporting of the Trial Balance to stakeholders; • Provision of management reporting on historic financial data across a broad range of comparatives; • Delivery of product specific and UK wide project initiatives; • To provide accounting expertise to the UK business for all products • To co-ordinate process changes in terms of the impact on financial systems. • Front office transactional support through the provision of technical, accounting and regulatory advisory service
The Role A project is underway to deliver a revised Accounting Model for the core operating system within the business area. This project is at an advanced stage in its lifecycle. There is a requirement for Finance to support testing of accounting entries, accounting postings, regression testing and migration from the old accounting model to the new model.
Working closely with the Project Accountant, this role will require the following - • Testing of accounting entries generated by the new accounting model; • Testing of migration activities to move from the existing accounting model to the new accounting model; • Finance related aspects of regression testing; • Finance related testing of new reconciliation tool • Finance related aspects of testing of revised reports generated by the new accounting model - eg P&L report, Gross Margin Report, Unrealised FX P&L report. • Other ad hoc Finance related testing activities related to the Accounting Model project.
Business knowledge • Understanding of dynamics and economics of financial services businesses • Understanding of role that Finance plays • Previous experience of working with Operational areas • Previous experience of FX trading.
Technical knowledge • Qualified accountant • Previous financial control experience and / or product control experience • Solid systems background • Strong understanding of reconciliation acitivities
MUST HAVE STRONG BANKING EXPERIENCE AND MUST BE A FULLY QUALIFIED ACCOUNTANT, PLEASE DO NOT APPLY IF YOU DO NOT MATCH THE CRITERIA
