Senior Financial Accountant

Shawbrook Bank
Competitive Salary
08 Aug 2019
24 Aug 2019
The Role

Shawbrook is a specialist UK lending and savings bank founded in 2011 to serve the needs of SMEs and individuals in the UK with a range of lending and savings products.

We differentiate ourselves by concentrating on markets where our specialist knowledge and personalised approach to underwriting offer us a competitive advantage. This supports attractive stable returns and sustainable growth and also benefits businesses and consumers in parts of the market which continue to be poorly served by traditional high street banks. Fundamental to our success is a relationship focus which puts the interests of our customers and business partners at the heart of everything we do, built on a culture which stresses the use of our experience and judgement to make decisions that balance risk, return and customer need.

We are looking for a senior financial accountant to join our team. As a senior financial accountant, you will be responsible for the financial integrity of the asset-based lending pools business of the bank as well as leading on IFRS9 reporting. You will also have oversight of treasury operations team ensuring that appropriate controls are in place and can be relied upon and providing appropriate management information.

The senior financial accountant will be the key driver of financial control change and process improvement agenda.

  • Ensure asset-based lending pools business is accurately accounted for and build key relationships within that business.
  • SME for IFRS reporting
  • Oversight of treasury operations team
  • Ensure all month end accounting entries are processed in line with timetable to ensure timely general ledger close and facilitate reporting.
  • Month End processes including accruals, deferred income, accounting for commissions, clawbacks, ERC, interest income, IFRS9, etc
  • Ensure that the bank maintains, at all times, financial controls appropriate to current and future developments
  • Drive forward the financial control change and process improvement agenda
  • Target data integrity - i.e. ERCs, interest & fee checkers, completeness of income
  • Preparation of audit information for external auditors and production of certain audit papers for audit committee - EN10 and consolidation entries
  • Creating and maintaining strong relationships with respective business areas and outsource administration supplier
  • Responsible for providing daily, weekly and monthly reporting.
  • To update and maintain departmental procedure documentation
  • Identifying areas within the system/process that can be improved and providing solutions.
  • Provide training and supervision within the Financial Control team ensuring a high level of customer service (internal and external)
  • Project and ad hoc work as requested

The Person
  • Qualified with a professional body such as ACA, ACCA, CIMA etc
  • Post 2-3 years qualification experience
  • Strong knowledge of either IFRS9, Asset Finance or Treasury operations
  • Ideally educated to degree level
  • Experience of working in the Financial Services sector preferential