Financial Acountant

London, United Kingdom

Job Description


A globally recognised bank are currently looking for a contractor to join their business on a contract basis until the end of March 2024. This is a unique opportunity for someone to gain invaluable experience working for a specialised division of this banking business.

Sitting in the Financial Accounting team you will be ultimately responsible for understanding the impact of IFRS 9 on their business including classification, impairments and hedge accounting.

Some of your responsibilities will include the below

  • Reporting on the loans and bonds portfolios, including FVOCI and FVtPL assets.
  • Understanding of IFRS 9 on the classification of loans/bonds, understanding the way to decide the classifications (AC, FVOCI, FVtPL).
  • Focus on the ECL on debt instruments (IFRS 9).
  • Knowledge of both the staging and ECL approaches.
  • Equities quarterly revaluations.
  • There are, additionally, equity derivatives, the movements of which can prove challenging to understand.
  • Monthly reporting pack
  • Quarterly reporting
You wiil need to be a qualified accountant with prior experience of preparing financial statements in a Financial Services environment. You will also need to have experience of technical accounting reviews as well as new accounting implementation. Please apply for more detail.

Marks Sattin

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Job Detail

  • Job Id
    JD2975187
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned