Description

We're now recruiting for a newly created position to support Financial Control with both hedge accounting and product control related tasks in compliance with the Group's policies and procedures. Our client is a global banking group with an excellent history of sustained success, while also offering a progressive working environment, a commitment to hybrid working, and an excellent platform for its employees to build long-term, progressive and interesting careers. This role involves strong collaboration across the EMEA region working across multiple entities and will work to ensuring compliance with both accounting principles and further supporting and developing the bank's values and culture.

Profile Criteria:

1. 1. Fully-qualified (ACA/ACCA/CIMA) with banking sector experience preferred
   2. Experience from a Big 4 or top 10 chartered accountancy practice would be desirable (but not essential)
   3. Strong knowledge in IFRS and relevant accounting exposure
   4. Exposure to banking products and financial instruments with the ability to understand the accounting impact
   5. Good communication and stakeholder management skills with the ability to communicate highly technical accounting information to a wide audience
   6. Language skills: Fluent in English with German advanced level being a plus (but not essential)

Responsibilities:

• • Support all regular accounting tasks in the remit of Product Control/Hedge Accounting, e.g.: General Ledger postings, effectiveness testing, reconciliation and control under IFRS
  • Perform all Hedge Accounting tasks for EMEA (Designation, Documentation, Valuation, Testing, Postings and Monitoring)
  • Support XVA Accounting ensuring alignment with relevant internal and external guidelines in close cooperation with Product Control
  • Support of monthly closing process for multiple ledgers including preparation of manual adjustment bookings (ADI)
  • Perform GLOSS, FOX, OBS & MIS system reconciliation, consultation with Middle Office in London, Controlling and Front Office
  • Support the Term End Process for EMEA financials and Group financials, responsibility for dedicated balance and P&L positions, preparation of audit requests
  • Preparation of Open Currency Position reporting
  • Perform high quality balance sheet substantiation and attestations
  • Support coordination tasks between EMEA and Finance
  • Maintenance of Financial Control related procedures and manuals
  • Proactively manage and contribute to control environment

Knowledge, Skills, Experience:

• Solid experience in an accounting / finance role, preferably within a financial institution

• Strong knowledge in IFRS and relevant accounting exposure

• Educated to bachelors' level; any professional qualification is considered as a plus

• Be able to manage complexity with strong numerical skills

• Expert knowledge in Excel and overall tech-savvy to work with tools like Power BI or CoPilot.

• Demonstrating and promoting team spirit

• Ability to take the initiative and be proactive

• Language skills: English, German advanced level is a plus