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Morgan McKinley
London, UNITED KINGDOM
(on-site)
Posted
2 days ago
Morgan McKinley
London, UNITED KINGDOM
(on-site)
Job Function
Accounting/Finance
Assistant Financial Controller
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Assistant Financial Controller
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Assistant Financial Controller - International Banking Group - London - £95,000 + benefitsWe are partnering confidentially with an international banking group to recruit an Assistant Financial Controller into its London-based Financial Control team. This role sits at the heart of the finance function, with significant responsibility for technical accounting, financial controls, balance sheet substantiation, and statutory reporting within a complex treasury and markets environment.
This is an excellent opportunity for a technically strong Financial Control professional with banking experience to step into a high-impact role, working closely with senior stakeholders, external auditors, and front-office teams in a regulated, multi-currency environment.
The Opportunity
Role: Assistant Financial Controller
Location: London
Working model: Hybrid - 3 days per week in the office
About the Organisation
Our client is a well-established international banking group with a strong presence in London and operations across multiple global financial centres. The organisation operates across treasury, markets, and corporate banking activities, supporting a broad institutional client base and maintaining a robust regulatory and governance framework. Known for its technical expertise, prudent risk management, and collaborative culture, the bank offers a professional environment where finance plays a central role in supporting complex financial products and ensuring the highest standards of reporting, control, and compliance.
Key Responsibilities
Technical Accounting & IFRS Application
- Lead the application of IFRS standards across complex financial instruments, including derivative and hedge accounting under IFRS 9.
- Provide technical accounting guidance across lease, tax, and financial instrument accounting.
- Liaise with external auditors to evidence compliance with accounting standards.
- Own monthly, quarterly, and annual balance sheet reconciliations.
- Investigate and resolve discrepancies, ensuring full substantiation with supporting evidence.
- Maintain accurate records across a range of treasury and markets products.
- Prepare statutory financial statements in line with local regulatory requirements.
- Support audit processes and ensure timely, accurate reporting.
- Contribute to evolving reporting requirements, including sustainability and disclosure standards.
- Develop, implement, and enhance financial controls across the function.
- Review processes to identify risk areas and improve efficiency and governance.
- Support system and process improvement initiatives where required.
- Work closely with front office, risk, and senior management teams.
- Provide guidance and support to junior members of the finance team.
- Represent Financial Control in cross-departmental initiatives and working groups.
- Qualified Accountant (ACA / ACCA / CIMA).
- Strong Financial Control experience within a banking environment.
- Excellent technical accounting knowledge, particularly IFRS 9 and financial instruments.
- Experience with derivative products such as FX, swaps, repos, and fixed income instruments.
- Strong Excel and systems capability; exposure to treasury or core banking systems advantageous.
- Highly analytical with excellent attention to detail.
- Confident communicator, comfortable engaging with traders and senior stakeholders.
- Salary: £95,000 per annum.
- Hybrid working: 3 days per week in the London office.
- High-impact role within a well-respected international banking group.
- Strong exposure to technical accounting, controls, and treasury products.
- Professional, collaborative environment with high standards of governance and reporting.
Job ID: 83127016
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