Accounting Policy and Assurance - Vice President - London, United Kingdom,

£150-200k

The company is a leading financial services provider.

  • Actively support to keep the bank abreast of external financial/regulatory change
  • Resolve in a timely manner accounting queries from various stakeholders within the bank or support other team members in the accounting analysis
  • Timely delivery of accounting analysis and solutions for accounting matters related to individual transactions, new business initiatives, financial reporting and consolidation
  • Ensure correct and consistent application of accounting policies across the bank and its subsidiaries for consolidated or stand-alone accounting
  • Representing the Accounting Policy and Assurance Group in cross-functional/regional working groups and projects
  • Experience of working in financial/banking industry or professional services firm with strong background in accounting standards/policies
  • A good understanding of banking products from the wealth management, asset management and investment banking business as well as group internal transactions
  • Solid accounting knowledge, i.e. recognition and measurement, presentation and disclosure of banking related products/structures (e.g. derivatives, transfer of financial assets/securitization, consolidation of Special Purpose Entities), revenue recognition, fair value measurement, loans and experience in structured/M&A transactions
  • Solid knowledge of either US GAAP or IFRS, if knowledge is primarily IFRS the candidate must have the willingness and ability to quickly adopt US GAAP
  • Communication and problem solving skills, i.e. the ability to quickly understand and solve complex issues and the ability to make this thought-process and the conclusions transparent to management, front office representatives and the various function within Group Finance reporting and consolidation. This must also include the ability to spot interdependencies, risks and conflicts during the issue resolution process, to address those appropriately and to mitigate them