- Perform daily bank reconciliation across all accounts, liaising with key internal stakeholders such as revenue, payroll, and accounts payable, to obtain relevant and timely information to support robust account of all bank statement lines
- Prepare schedule of expenses for the Chair, Executive and Non-Executive Directors for the FCA and PSR to be published quarterly
- Produce accurate and timely journals with the preparation of monthly balance sheet reconciliations for various central accounts
- Provide information and support to the external auditors, dealing with any audit queries promptly
- Ensure strong collaboration and knowledge sharing within and across the F&BS teams (Business Finance, Revenue & Business Services) to encourage strong working relationships and high-quality deliverables
- Support any Freedom of Information request requiring information held by Financial Control team
- Develop an all-round view of the FCA and its operations
- Opportunity to work in a varied role where you will build knowledge and experience in all areas of finance and control areas, management information (MI) and key performance indicators (KPIs) to monitor performance
- Support internal stakeholders in their understanding of financial policies and best practice
- Raise yours and your team's profile across the wider FCA
- Help shape procedures, practices and policies, particularly in the financial reporting and control area
- An opportunity to lead, manage, motivate and develop a team of professionals in providing excellent financial support to the FCA
- 25 days holiday per year plus bank holidays
- Private healthcare with Bupa
- A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35)
- Life assurance of eight times your basic salary
- Income protection
- Part-qualified accountant (ICAEW/ACA/ACCA) with relevant experience in bank reconciliation, balance sheet reconciliations and year-end audit
- Experience with Finance Systems, Excel, Word and PowerPoint
- Experience of building constructive relationships with both internal and external stakeholders
- Production of bank reconciliations within an Enterprise Resource Planning (ERP) system
- Experience of delivering good quality, accurate financial analysis and reporting
- Excellent communication and presentation skills with the ability to create an immediate impact
- A pro-active self-starter with the drive, enthusiasm, and commercial acumen to support the achievement of FCA's objectives within its risk appetite
- Ability to multitask and work under tight deadlines
- Good knowledge of expected financial policies and procedures
- Strong analytical skills assessment of accounting issues and resolution)
- A strong continuous improvement mentality, with an ability to identify inefficiencies in systems/processes, and work to eliminate them
Financial Control Associate - Edinburgh, United Kingdom - Financial Conduct Authority
Description
Financial Control Associate
Salary: National ranging from £28,800 to £32,500 and London from £31,600 to £36,000
Are you a part-qualified accountant looking to take on a newly created role, where you will be able to provide financial support to the FCA?
The team/department
Finance and Business Services look after the finances and working environment of the FCA. The division focuses strongly on customer service, providing both support and appropriate challenge to the wider business to help ensure that the FCA utilises its available resources to provide appropriate value for money.
The Financial Control teamwork plan includes: daily cash management activities; provide support for month end; balance sheet reconciliations; fixed asset recording; taxes; maintenance of policies; preparation of the financial statements; management of the audit; and risk monitoring
What you will be doing (the role)
The core responsibilities will include:
What you will get from the role
Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle. You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.
Core benefits that you will receive as standard are:
We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.
The skills and experience you will have
Minimum
We are a signatory to the Government's Disability Confident scheme. This means that we will offer an interview to disabled candidates entering under the scheme, who best meet the minimum criteria for a role.
Essential
About the FCA
The FCA regulates the conduct of nearly 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses and the economy as a whole. For more information on what we do, our three-year strategy can be found here.
The FCA's Values & Diversity
Our ambition is to cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.
The FCA is committed to achieving greater diversity across all levels of the organisations. Given this, we particularly welcome applications from women, disabled and minority ethnic candidates for our Associate role.
Flexible working We welcome applications from candidates who are looking for flexible arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can't promise to give you exactly what you want but we won't judge you for asking.
Multi-location As part of the FCA's on-going commitment to develop our national presence, most of our vacancies are now open to working in our Edinburgh, Leeds, or London offices. This means that as part of the application process you will be able to select your preference of which office location you would like to work from.
Useful information
Applications for this role close at 23:59 on Monday 6th May
This role is graded as Associate – Level 9 - Corporate
Got a question?
If you are interested in learning more about the role please contact:
For internal applicants, please contact Sara Holland at k
For external applicants, please contact Ifrah Azam at k
What to expect from our interview process
If successful, you will be invited to attend a competency-based interview week commencing 13th May 2024.
Please make the recruiter aware if you are going to be unavailable for any date during this time.
Application support
We want to remove any possible barriers and are committed to providing a wide range of reasonable adjustments so that you can keep the focus on your conversations and be at your best.
If you have an accessibility requirement, disability, or condition that means you might require changes to the recruitment process, please contact your recruiter to discuss this further. Our aim is to make your application as easy and comfortable as possible, and your recruiter will be happy to work with you to make any necessary arrangements where possible.
Please note that all applications must be submitted through our online portal, applications sent via email will not be accepted.