Senior Financial Accountant - Banking (6m Contract) - Marks Sattin FS

Senior Year-End Financial Reporting Accountant - Banking

• 6-Month Contract | London (Onsite)
• Location: London
• Working Arrangement: Fully Onsite
• Start Date: Immediate / Within 2 Weeks

We are currently partnering with an established banking institution to recruit an experienced Senior Year-End Financial Reporting Accountant for an initial six-month contract.

This is a key role within the Finance function, requiring a technically strong and hands-on accountant who can take ownership of the Bank's statutory year-end reporting and lead the financial accounts process through to completion.

The successful candidate will have a proven background in Banking, with demonstrable experience managing year-end statutory accounts and leading external audit processes. You will be expected to operate autonomously, quickly establish an understanding of the Bank's reporting requirements and deliver high-quality financial statements within demanding deadlines.

Key Responsibilities

• Take end-to-end ownership of the annual statutory accounts preparation, from trial balance review through to completion of the financial statements.
• Lead and coordinate the year-end reporting and external audit process, acting as a key contact for external auditors.
• Prepare, review and validate statutory financial statements, balance sheet reconciliations, supporting schedules and audit documentation.
• Apply detailed technical accounting knowledge across IFRS and FRS 102, ensuring compliance with relevant reporting standards.
• Oversee financial instrument reporting and disclosures, including loans and advances, customer deposits, borrowings and derivatives.
• Review impairment provisioning methodologies and calculations, including IAS 39 requirements for relevant legacy portfolios and comparative reporting.
• Assess and review Effective Interest Rate (EIR) calculations, ensuring the appropriate recognition of interest income, fees and transaction costs.
• Support derivative valuations, fair value accounting and hedge accounting documentation, where applicable.
• Prepare technical accounting papers to support complex judgements, accounting treatments and financial statement disclosures.
• Investigate and resolve reporting discrepancies, challenge proposed audit adjustments where appropriate and ensure all deliverables are completed accurately and on time.
• Work closely with Finance, Treasury, Risk and other internal stakeholders to obtain and validate year-end reporting information.

Requirements:

• Fully qualified accountant (ACA, ACCA, CIMA or equivalent).
• Immediately available to start or on a short notice period (max 2 weeks).
• Significant financial reporting and statutory accounting experience gained within a bank, building society or lending institution.
• Proven experience taking ownership of, or leading, the preparation and delivery of annual statutory accounts within the banking sector.
• A strong track record of managing external year-end audits, including direct engagement with external audit teams.
• Advanced technical knowledge of IFRS and FRS 102, with practical experience of banking financial instruments.
• Advanced Excel skills and the ability to work confidently with complex financial data and reconciliations.
• The ability to work independently, manage competing deadlines and deliver with minimal supervision.

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