VP Technical Accounting Policy

Recruiter
Financial Services
Location
London, United Kingdom
Salary
GBP75000 - GBP90000 per annum + strong co bens and bonus scheme
Posted
14 May 2022
Closes
13 Jun 2022
Ref
14902229
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
VP Technical Accounting Policy

Docklands Canary Wharf location

Top 5 global bank - London acts as the EMEA hq so strong brand and seat at table

Description

VP Technical Accounting Policy

Docklands Canary Wharf location

  • Advisory - Business coverage: 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)
  • Advisory - Finance: Ensure 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)
  • Advisory - Training: Provide appropriate training to support Finance, business and other functions in order to support their daily operations
  • Governance, change - subject matter expertise: 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
  • Governance, change - Implementation of new accounting standards and review and remediation as required for application of existing requirements. Demands ability to engage with colleagues in other functions to ensure that the new technical requirements are capable of being translated and implemented within systems
  • Governance, change - 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
  • Governance, change - Oversight of technical accounting compliance for external reporting under quarterly timetable and other ad-hoc reporting
  • Recognised as technical authority by peers, management and internal clients

Profile
  • Qualified accountant with post qualification experience
  • Demonstrated good understanding of bank 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

Job Offer
  • Base from £75,000 to £90,000
  • Excellent co bens and bonus scheme

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