Senior Technical Accountant

Job Description:              

The Client-                          A UK wide challenger bank

The role- An exciting new role has arisen for a qualified accountant to assist the Head of External Reporting in all aspects of technical accounting, with a strong emphasis on Hedge Accounting.

This role offers a career platform for a self-motivated qualified accountant to progress quickly in a well-respected and dynamic bank. This role will be working closely with the Head of External Reporting and Treasury and will ensure exposure to senior management on a board level.

Key Requirements-        

Hedge Accounting

• Work closely with the Treasury department to assess all derivative transactions for hedge accounting treatment under IAS39/IFRS9;
• Ensure all hedges are appropriately documented in line with company policy;
• Calculating and monitoring hedge effectiveness;
• Generate and check all related accounting entries;
• Liaise closely with internal and external on all internal controls and financial statement reporting;
• Any other reporting or analysis required by the External Reporting team;
• Act as liaison between the Company and the Investment Banks.
   

Technical Accounting Policies

• Follow developments in external financial reporting and industry best practice and ensure that these are correctly interpreted and implemented;
• Assist in developing and maintaining a comprehensive Group Reporting Manual;
• Assist in ad hoc business queries relating to external reporting requirements through understanding and interpretation of financial information from a business perspective and communicate effectively to both internal and external stakeholders;

General

• Relationship and stakeholder management with external parties including auditors and corporate advisors;
• Strong focus on developing automated reporting tools linked to the ledger systems.

The successful candidate will be a qualified accountant with:

• In depth knowledge of technical accounting and listed company reporting requirements.
• Broad and in depth understanding of fair value hedge accounting;
• Proven understanding of the external reporting process within a listed financial services environment;
• Strong understanding of the principals of risk management and compliance;