The Role

Finance Assistant (Finance & Fees) – City of London based global Bank

Martis Search is representing a City of London based Bank. The company is based in The City of London and the bank has global locations. The role is a “Finance Analyst” focusing upon “Finance & Fees” processing within their Finance department and support their Custody business. The role is a Management Accounting/ Finance Operations role to deliver a range of management accounting functions working with all areas of the financial statements to ensure accurate, relevant, and timely management information is produced to an elevated level.

The position is a management accounting and financial operations role focused on ensuring the organisation’s financial records, reporting, reconciliations, and internal controls are accurate, compliant, and delivered on time.

The role reports to the Head of Finance & Fees Department and you will dealing externally with suppliers/creditors and other service providers, internally with other Departments, Head Finance & Fees.

Our candidate would ideally have 3-4 years’ experience in a senior officer role within a Finance department working across accounts payable/receivable and management accounting as a must.

The role is also hybrid (within a 4-week period, 8-days employees are allowed to work from home, so you will be able to work-from, as well as in the office).

It is a really friendly bank to work for and a successful bank that offers long-term security too.

ROLE RESPONSIBILITIES

– To be responsible for the collation of asset information for the Asset’s Under Custody & Senior Management Function reporting.

– To be involved in the development, provision, and validation of any intercompany cross charging.

– Develop and maintain a revised month end and revenue reporting process using Atlas reports and Microsoft Access queries.

– Produce bi-annual management information and financial analyses including internal management accounting for recharge purposes.

– Work closely with the Fees team including providing a 4-eye check review on all manual invoices/payments/account/tariff updates and review of weekly tracking process.

– Ensure sub-custody invoices are paid in a timely manner each month ensuring to gain all the necessary pre-approvals.

– Responsible for the monthly sweep of cash to the company’s Nostro Accounts on a monthly basis ensuring to gain all the necessary pre-approvals.

– Full ownership in managing all bank reconciliations and related accounting entries into Atlas within a timely manner.

– Ensure that reconciling items are investigated and cleared or escalated in a timely fashion.

– To have oversite of the department’s responsibilities within Banking Exemption so you can step in and make the right decision when and if required.

– To respond in a timely manner to all Finance related Audit (any source) related queries.

– To continue to undertake his own personal professional development.

– To analyse information and present findings to senior management as requested.

– To “Horizon Scan” any developments that will impact the company and discuss options on how they will be addressed.

– To maintain a reasonable level of regulatory competence and knowledge in relation to the custody business.

– To attend regular meetings with the Head of Finance and Fees to discuss client/operational issues.

– Undertake any ad hoc projects as directed by area Management and to perform such other duties as requested by the Head of Group, Unit General Manager and General Manager.

– To perform such other duties as requested by the Head of Finance & Fees and the Assistant General Manager.

QUALIFICATIONS AND EXPERIENCE

Experience in system orientated work environment required, in particular Microsoft Excel & Microsoft Access.

General Ledger systems experience is essential.

The candidate would ideally have 3-4 years’ experience in a senior Finance officer role within a Finance department working across accounts payable/receivable and management accounting as a must.

The candidate should also display the following competencies and traits:

• A structured determined approach to work.
• A willingness to take ownership of problems.
• The ability to communicate well with fellow staff members (at all levels), suppliers, and customers.

Salary

Up-to £50 k pa + bonus + pension + healthcare