Financial Reporting Accountant

Job Description

Company description:People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. Its personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like "hard work" and "dedication" together with "community" and "respect" has enabled us to work collaboratively and build our future together. We call this Team Spirit and its what makes us different. Its what makes you different. Job description:Description of the Business Line or Department DFIN is responsible for the maintenance of accounting records, production of statutory accounts, production of Group financial accounts, production of financial reports to the regulators, liaising with the middle and front offices on maintenance of existing structures as well as new business initiatives across SGs UK booking platforms. The Department SG Kleinwort Hambros DFIN team is responsible for the Financial Accounting, FINREP and LIQREP reporting for SG Kleinwort Hambros Group. The key objectives of the department are to provide financial supervision and production services for SG Kleinwort Hambros Group in relation to submission of monthly and quarterly reporting to SG Paris, quarterly FINREP reporting to the PRA and year end Statutory Accounts production and LIQREP production to SG Paris. Summary of the key purposes of the role * To produce accurate and timely financial information and maintain effective financial controls for the SG Kleinwort Hambros Group for review by Group Head of Accounting and Reporting and CFO. * Co-ordination with the team in EBS (Outsourced bookkeeping and accounting provider) with regards to the production of the monthly and quarterly reporting to SG Group Paris. As well as co-ordinating with the local entity Financial Accountants within the SG Kleinwort Hambros Group. * Liaison with the Group Auditors and collaborate to work towards a smooth and timely delivery of Audited Statutory Accounts. Working with Paris to ensure reporting is consistent with SG Paris guidelines and blocking issues are raised and cleared in conjunction with Paris. Summary of responsibilities Oversight of the Financial close for SG Kleinwort Hambros London and SG Kleinwort Hambros GroupCompletion and review of the Monthly and quarterly consolidated Magnitude reporting to SG Group Paris.Reporting and escalation of issues as identified as part of the close process.Ensure an appropriate control environment is in place and report where weaknesses or breaks in this control environment are identified. Work with the Kleinwort Hambros FPA teamReconciliation of Metrix reporting to the Group Magnitude and Financial Accounting results.ensuring correct treatment of Bonus schemesvariance analysis of the costs and revenue for quarterly group reporting Coordination and communication with EBS in the month end production processProvide support to the EBS team as required to assist in the quality of the month end production and the timeliness of reportingEscalate issues as they arise and monitor the resolution of issues assisting as required Liaison with the Group AuditorsCollaborate to work towards a smooth and timely delivery of Audited Statutory Accounts. Responding to information requests as appropriate and assistance in clearance of audit testing. * Accounting Standards and Group Norms * Coordinate with Group and Auditors on latest Accounting Standards to ensure accounting policies are correctly applied. * Review accounting treatments for quarterly and year end statutory submissions. * Work with other teams both inside and outside finance * Coordinate with ALM, REG and wider Finance stakeholders to ensure the provision of quality information within strict deadlines. Cooperate with departments within the business including Treasury and Risk for consistency and validation of results. Ad hoc projects on behalf of Group management assisting IT and the COO team as required in developments and improvements projects Preparation of quarterly VAT returnsWork with EBS and the tax team for correct inputs and treatmentsSubmission and payment within HMRC deadlines Preparation of quarterly Corporate Tax forecastsWork with the SG London Branch tax team in respect of the year end tax charge as computed for the year end group magnitude and Statutory Accounts productionRespond to queries as they ariseEnsure submission of returns and payments are on time as set by the London Branch Tax department. * New Products: * Actively participating in the implementation of new reporting requirements including new products and upgrades to systems as necessary * Controls - Account Certification * Review Accounts allocated to department for certification sign off and support documentation in place. * Perform Administration required for the Small Company accounting within the SG Kleinwort Hambros Group * Keep up to date and progress liquidations, dissolutions and purchases within the Group as appropriate * Ensure Financial Accounting implementations are fully considered and correctly applied. Perform all duties in accordance with the principles outlined in the SGKH Code of Conduct, as well as the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long-term sustainability of client relationshipsLevel of Autonomy and Authority Reporting line into Head of Financial Reporting. Profile description:Competencies * Individual contributor competencies as defined by the SG Leadership model. * Financial Services or Investment Banking Background preferable. * Statutory Accounts Production experience required. * Audit experience desirable. * Comprehensive experience and technical working knowledge of key accounting standards including IFRS * Experience of implementing accounting standards on a solo and a consolidated basis. * Operational skills and experience of planning and delivery to deadlines. * Communication skills and experience of dealing with teams and contacts outside of a Finance team. * Analytical skills and ability to review outputs. * Knowledge of business processes, standards, policies and procedures * Knowledge of Regulatory and Industry Requirements relates to the Financial Accounting of a Bank. Influencing skills to co-ordinate with the production team in EBS as well as the local entity Financial Accounting teams for delivery towards the SG Hambros Group requirements and deadlines. EDUCATION * Degree level Education Qualified Accountant