Detailed Description From Employer:
** We're Hiring: Financial Accountant **
Location: Hybrid Working - 1 Day in London, Canary Wharf
Reports to: Head of Finance Operations
Hours: Monday - Friday 09:00-17:30
Contract: Until December 2025 (PAYE only)
Join a growing finance team on a 6 months contract and play a key role in delivering accurate, timely reporting and insight across a high-profile business area
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 Mortgage Backed 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 and external reporting including regulatory reporting, mainly for KMC entity group account. The role will be responsible for providing support on the departmental transformational projects, such as driving continuous improvements. The role will be additionally provide support for the year end & audits supports for Group and RMBS (revenue, operating expense, external funding, cash, mortgages, etc) The role will work closely with other finance functions, including Financial Controls, Treasury, Servicing, IT, Tax at both KMC and Barclays.
Key Accountabilities
- Own the Month-end close and day to day financial accounting for the ledger
- Prepare accurate journals, reconciliations and group reporting packs
- Delivering meaningful financial insight and analysis with commentary and MI
- Main responsibilities may include Expense Accruals, Revenue Accruals, Provisions, Mortgage Origination, Payroll, External loan reconciliation, 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 feed into automatic cash entries.
- Manage junior accountants and provide required training and support
- 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
- For responsible area, ensure that relevant Standard Operating Procedures are kept up to date.
Experience, Knowledge, Skills
- Qualified Accountant (ACA, ACCA or CIMA)
- Strong technical accounting skills with experience in financial and management reporting
- Self-motivated and able to work with minimal supervision
- Worked in fast paced environments, with a flexible attitude.
- Strong analytical skills and excellent attention to detail
- Advanced Excel skills
- Ability to manage multiple tasks and to work under pressure
- Strong communication and stakeholder engagement skills
- Experience in a regulated / financial services environment would be desirable
Why Join Kensington Mortgages
At KMC our employees are the heart of our success. We strive to create a workplaces that promotes professional development and work-life balance. Our inclusive culture values diversity in all its forms, ensuring everyone feels respected and valued. As an equal opportunity employer, we embrace differences in gender, race, identity, ethnic origin, and sexual expression
Ready to make a difference? If you're passionate about providing an exceptional service and want to join a team that values your contributions we'd love to hear from you! Apply today and be part of the Kensington Mortgages family and help us to continue making a positive impact in the lives of our customers.