An international bank with a London branch in the City of London is seeking a Financial Accountant (Hedge Accounting & Regulatory Reporting) to join its finance team.
Please note, this role offers hybrid working – three days per week in the office and two days per week working from home.
This opportunity is ideally suited to a qualified accountant with hands-on hedge accounting experience under IFRS 9, gained within a banking or regulated financial services environment. You may currently be working as a Financial Accountant, Regulatory Accountant, Technical Accountant, Treasury Accountant, or Product Controller, and are now looking to take on a broader role within a small, high-performing finance team.
As the Financial Accountant, you will join a collaborative team of four and work closely with the Finance Manager. You will act as a key support to the Finance Manager and deputise in their absence, gaining exposure to senior-level oversight and decision-making. This is a broad, hands-on role combining financial accounting, regulatory reporting, and technical accounting, with a particular focus on hedge accounting and financial instruments.
Your key responsibilities will include preparing and reviewing hedge accounting entries, documentation, and effectiveness assessments in line with IFRS 9, and supporting technical accounting matters relating to financial instruments. You will prepare daily P&L with detailed variance analysis and commentary, produce financial statements, and support the external audit process.
In addition, you will complete regulatory submissions to the Bank of England and Prudential Regulation Authority, support Corporation Tax and VAT processes, and ensure compliance with Financial Services Compensation Scheme requirements. You will perform control and reconciliation checks across finance systems (including Flexcube), investigate and resolve accounting queries within the Trial Balance, and contribute to ongoing finance projects and process improvements.
The ideal candidate will have proven hedge accounting experience within banking or financial services, along with a strong understanding of IFRS 9 and financial instruments. Experience of PRA / Bank of England regulatory reporting and statutory reporting is highly desirable. You will be a qualified accountant (ACA, ACCA, or CIMA), with strong Excel skills and a proactive, detail-oriented approach.
You will be confident working both independently and as part of a small team, with strong communication skills and the ability to engage effectively with stakeholders across finance and, where relevant, treasury functions.
The salary on offer is up to £65,000 per annum, plus a benefits package which includes a discretionary bonus scheme.