Job Description

Antony James Recruitment Ltd are delighted to have partnered with a leading Financial Services client based in the City of London in recruiting an Assistant Finance Manager. You will be responsible for supporting the daily financial operations of the bank, ensuring the accuracy and timeliness of financial reporting, regulatory compliance, and providing essential insights into financial performance.

Key Responsibilities:

Monitor the Balance Sheet and Profit & Loss statement daily, ensuring the accuracy and integrity of accounts.

Clear proxy accounts on a timely basis for all SOLs.

Verify and check payments related to charges in Finacle and Swift.

Open office accounts as requested by other departments.

Maintain the Fixed Assets Register, ensuring alignment with ledger accounts.

Ensure Fixed Asset Depreciation is calculated according to Branch Accounting Policies.

Prepare and submit the Quarterly and Annual Balance Sheet.

Provide support with Basel reporting due to tight deadlines from IBG.

Assist the Deputy Manager and CFO in preparing reports and resolving issues within set timelines.

Address audit issues raised by internal and external auditors or the Inspection team promptly.

Assist the Deputy Manager in responding to inquiries from the CFO, senior management, and Head Office regarding financial results and special reporting requests.

Perform monthly variance analysis of Profit & Loss.

Monitor Finacle payment records to ensure payments are made according to IBG schedules.

Ensure accurate calculation of Corporation Tax and deferred tax on a monthly basis, with quarterly payments based on the annual profit estimate.

Ensure timely preparation and submission of the annual Corporation Tax return.

Prepare reports for Tax and Wealth Tax Audits.

Ensure Branch Principal Accounting Policies are up-to-date and in line with Head Office instructions.

Implement steps to transition towards IFRS accounting, regardless of the deferral of the implementation date.

Cover for the Deputy Manager during their absence.

Qualifications & Experience:

A degree in Finance, Accounting, or a related field.

Professional qualification such as ACA, ACCA, CIMA, or equivalent (or working towards).

At least 1-5 years of relevant finance or accounting experience, ideally within a banking or financial services environment.

Strong knowledge of UK GAAP, IFRS, and financial regulations, with experience in preparing financial reports and statements.

Proficiency in financial software (experience with SAP, Oracle, or similar systems is desirable).

Advanced Excel skills, with the ability to manage and analyze large datasets.

Experience in tax reporting and compliance is an advantage