Financial Accountant (12 months FTC)

Job Description

When we started Kensington we were the first specialist lender to offer mortgages to people the high street turned down. Over 25 years later, were the UKs leading specialist mortgage lender still blazing a trail offering people the chance to get a mortgage.Where high street lenders see black and white, weve always used our expertise and manual underwriting capability to see the shades in between. In a market where changing lifestyles mean more people are falling outside the traditional mortgage criteria, itsan approach that can make a real difference to people who want to own a property.Its what we call the Kensington Difference. Overall Purpose of Job Finance Operations teams are responsible for the completion of Month End Close, the management of day to day accounting processes and accounting platforms for a number of entities, predominantly Kensington Mortgage Company Limited (KMC) and Residential MortgageBacked Securitisations (RMBS).KMC is a wholly owned subsidiary of Barclays Bank UK PLC from 1 March 2023, and the principal activity of the Company is the origination and servicing of mortgage assets. The Company is authorised by the Financial Conduct Authority for regulated activities.The role will report directly to Head of Finance Operations, ensuring a timely and accurate Month End Accounting. The role will be also responsible for providing support on the departmental transformational projects, such as driving continuous improvementsand business projects.The role will work closely with other finance functions, including Complex Accounting/ Reporting Team, Tax, Strategic Finance and Treasury.*** The role is M-F , full time 12 Months Fixed Term Contract, you will need to be able to travel to our London office in Canary Wharf one day a week *** Key Accountabilities

• Day to day financial accounting and Month end close process of the ledger for the SPV¿s and Corporate entities, following month end timetable to ensure efficient and timely financial reporting.
• Reporting and management information, including posting month end adjustments, completing/ reviewing month end journals, reconciliations, obtaining substantiation, completing analytical review of movements and providing commentary.
• Main responsibilities may include Expense Accruals, Revenue Accruals, Provisions, Mortgage Origination, Payroll, Derivatives Accruals and Impairment.
• Provide active support on Cash accounting, ensuring that all Cash items are accounted timely and accurately. Collaborating with Treasury and Cash Bond Administrator (internal & external) and other teams. Good understanding of Financial systems that feedinto automatic cash entries.
• Manage junior accountants and provide required training and support
• Review and prepare KRI reporting, ensuring balances are explained and analytically reviewed.
• Liaising with Statutory Reporting team for external audit queries; preparation of Month end Accounting information, ensuring appropriate file notes are in place.
• Work closely with Financial Planning & Analysis team, providing commentary and explanation of variances to budget
• Review that processes are efficient, robust and subject to good controls. Suggest process improvements where necessary
• Reporting control issues to Head of Finance Operations / Finance Risk Champion/ Enterprise Risk; and taking ownership to resolve these.
• Test and relevant procedures/ policies for accuracy and completeness on a periodic basis. Ensure that these are correctly followed by junior accountant.

*** Full Job Description can be provided upon request *** Experience, Knowledge, Skills

• Qualified (ACA, ACCA or CIMA)
• Self-motivated and able to work with minimal supervision
• Process Improvement Experiences
• Strong analytical skills and attention to detail
• Energetic and enthusiastic attitude
• Advanced Excel skills
• Ability to manage multiple tasks and to work under pressure
• Articulate with good communication skills
• Able to build and maintain relationships with key stakeholders

Your Opportunity Our employees are critical to our success. We work hard to ensure that Kensington Mortgages is a great place to work. We recognise the difference it makes to our business when people challenge themselves and take advantage of the development opportunitiesavailable so we try and support everyone however we can.We also recognise the fact that people seek work life balance and continuously develop our benefits offering to create an inclusive and supportive culture where differences that exist between us all are recognised, understood and valued.If you want to make a Difference, apply now.Required skills

• 1External Audit
• 1Financial Accounting
• 1Journals
• 1Strategic Finance
• 1Month End Close