Financial Reporting Officer

Our client is a large Commodities Brokerage who are looking to recruit an Assistant Accountant to join their busy finance team.

Job Scope
Under the direction of the Finance Manager, assist in the completion of daily accounts payable processing, payments and in other finance related tasks

Main Duties & Responsibilities
Accounts payable:

• Input and process invoices when they come into finance department
• Process and check expense claims ensuring adherence to company expense policy and HMRC tax rules
• Check invoices for appropriate authorisation and applicable VAT rates
• Prepare journals as and when appropriate
• Process credit card statements and preparation of journal

Payment and receipt of funds:

• Process authorised payments and receipts though the company bank accounts
• Prepare company BACS/cheques and other methods of payments as required
• Reconcile bank accounts on a daily basis
• Prepare daily cash flow reports
• Prepare deposits and loans
• Liaise with relevant departments regarding bank transactions
• Receive check and input updated settlement instructions
• Send SWIFT messages to clients when requested

Other:

• Assist with the general administration within the finance and treasury department
• Assist in month end processes as required by the finance team
• Assist in providing information for quarterly, annual and audits
• Assist in improving current accounting and financing procedure

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Our client (Financial Services) is seeking a Business Partner for their Group IT & Technology department.

The role will provide support to business unit heads, and will contribute to a number of key processes (Budgeting, Business Case Analysis, Monthly Finance MI etc.)

Candidates must have strong Finance Business Partnering / Management Accounting experience, and must have partnered with an IT / Technology department. Banking experience is highly preferable.

Key Duties

• Providing analytical support to new business initiatives. Assessing and contributing to business cases for tactical and strategic investments in any Function and monitoring progress and benefits realisation.

• Providing analytical support for new (or renewed) contracts with major suppliers of any Function

• Ensuring all budgets and plans for each Function are produced in a timely manner and to quality required for submission to executive committees and the Board of directors.

• Managing the production of the monthly financial MI (including insightful, actionable commentary) for each Function by working day 3 of each month.

• Managing a view of financial risks and opportunities within each Function’s cost base on an ongoing basis.

• Creating analytical insight to help identify opportunities to drive change and improve efficiency (including driving revenues, reducing costs) within each Function

• Documentation of key Finance processes including identification of key controls

Essential Experience

• Minimum 3 years as a Management Accountant or a similar Finance role partnering an IT / Technology team
• Experience working within the banking industry.
• Proficient in Microsoft Office products including Word, Excel, and PowerPoint.
• Degree – ideally in quantitative subject eg Mathematics, Accounting or Statistics

Desirable Experience

• Excel at Macro level desirable.
• ACA/CIMA/ACCA

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Independent Financial adviser- Protection Products- up to £70k

Location: canary wharf

Retail Investment Products including Offshore Bonds, Pensions and Protection.

Requirements:

• Holds relevant regulatory qualifications to advise on Retail Investment Products including Offshore Bonds, Pensions and Protection, or you have worked as an IFA before.
• RDR qualified e.g. IAD Level 4, IMC Level 4, PCIAM Level 6
• Work closely with relationships managers and deliver superior advice to HNW clients on our protection proposition (currently Insurance and Offshore Bonds). Thereby increasing client satisfaction and share of wallet of existing clients and successfully acquiring new clients.
• Support the individual Relationship Managers and Relationship Officers within the UK Sales Team to identify potential protection opportunities in their client bank and work with them to generate Protection Review meetings for you to attend.

Please email to yyuan@mcgregor-boyall.com or call 0207 422 9374 to find out more.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Property / Development Accountant

Our client is a global real estate company with a focus on multi family / student accommodation. They are currently undergoing a rapid period of growth and are looking to recruit a Property Accountant to own the accounting for a portfolio of development projects.

This is a chance to join a company that plans to double in size in the next 5 years and will suit candidates with an accountancy qualification and a background in property / fund accounting.

Key Duties

• Acts as a trusted finance business partner to managers on a range of development projects. This includes communication of financial data / analysis & project cost against budget
• Ensures accurate completion of journal entries into the general ledger (reconciliations, checking & reviewing calculations)
• Budget reporting for individual development projects
• Manage relationship with 3rd party administrators + ensure the quality of their investment accounting
• Provide adhoc financial info to lenders & associates
• Bank reconciliations
• Month end packs for external / internal reporting
• Assist with drawing up of project budgets
• Review lender agreements for individual development projects
• Act as key reference point for auditors, both internal and external

Person Specification

Required:

• Accountancy Qualification (ACA / ACCA / CIMA)
• Strong excel skills
• Prior experience of fund / investment accounting
• Experience of working within Real Estate / Property business
• IFRS knowledge
• Experience of working on multiple projects

Preferred

• Knowledge of Yardi Voyager

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

An FP&A Manager role within the Finance team of rapidly expanding Information & Communications Technology company based in the City.

As a senior leader within FP&A you will take ownership of coordinating and delivering the group’s forecasts and budgets: planning instructions/guidance, target setting, template building, balance sheet.

In addition you'll be heading up a team of up to 4 junior members of staff, coordinating their efforts to complete Group FP&A deliverables.

• Present detailed analysis to stakeholders
• Take lead position in monthly cost forecasting/reporting for the Group
• Create revenue analysis, considering a variety of products and geographical areas
• Financial reporting for stakeholders in EMEA offices + support on adhoc issues
• Ensure clear communication and a strong narrative when presenting analysis/data to stakeholders
• Work closely with in house M&A team to support potential new business acquisitions via financial modelling
• Support adhoc analysis for other teams in FP&A and other areas of the business

Essential Skills

• Experience in FP&A / Financial Analysis, ideally within ICT / Technology
• Hands-on business partnering experience + confidence to deal with a range of stakeholders
• Advanced Excel skills (TM1 Cognos / VBA)
• Ability to work under pressure in a fluid environment
• Strong attention to detail
• Ability to work largely autonomously, while taking on board suggestions for improvements
• A great attitude and a strong work ethic
• Collaborative, team-oriented, service-oriented
• Willingness to travel (10-20%)

Preferred Skills

• Transactional consulting background- Transaction Services / Financial DD - and/or M&A Investment Banking

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Collateral Manager - Banking

Role overview:

Collateral Management is responsible for managing the collateral, exposure, valuations and regulatory commitments within the client’s product suite to help minimise credit, market and operational risks.

This role will be responsible for building and implementing the collateral management function in the Bank. Candidates will need strong experience within a similar role + experience of Derivative / Trade Finance products.

Duties

• Responsible for monitoring and managing collateral with regards to:
  1. Margin calls on derivatives (vanilla, FX and interest rate)
  2. Trade Finance transactions
  3. Term loans (collateral typically includes property, plant and equipment)
• Challenge derivative and other products valuation, particularly with regards to parameters driving this valuation and how this may differ from counterparties’ perspective
• Effectively communicate and escalate issues within Collateral Management and with traders and other support functions, including liaising with relevant departments regarding collateral set-up and entries Input of collateral/security into T24 system
• Payments limit management and approval process for Trade Services using Daily Limit report to calculate line availability and including managing pledged cash covering transactions
• Approving Forex transactions outside of established lines
• Update and draft relevant policies and procedures
• Working closely with Risk and other departments within the Bank to assist and achieve RA objectives.
• Complying with the FCA/PRA’s Individual Conduct Rules, as outlined below

Skills / Qualifications required:

• Extensive collateral management, or similar experience, within the financial services
• A strong understanding of valuation of derivatives would be an advantage
• Knowledge of MS Office and an aptitude for learning new software packages, accurate and high standards of numeracy oral and written English language, along with good organizational and communication skills and a professional attitude
• Motivation to ensure accurate and comprehensive productivity plus the ability to identify procedures that will enhance the administrative function of the department. Self-motivation and initiative are essential
• Excellent interpersonal skills including relationship management, communication and teamwork
• Experience with Temenos 24 would be desirable

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

An FP&A Manager role within the Finance team of rapidly expanding Information & Communications Technology company based in the City.

As a senior leader within FP&A you will take ownership of coordinating and delivering the group’s forecasts and budgets: planning instructions/guidance, target setting, template building, balance sheet.

In addition you'll be heading up a team of up to 4 junior members of staff, coordinating their efforts to complete Group FP&A deliverables.

• Present detailed analysis to stakeholders
• Take lead position in monthly cost forecasting/reporting for the Group
• Create revenue analysis, considering a variety of products and geographical areas
• Financial reporting for stakeholders in EMEA offices + support on adhoc issues
• Ensure clear communication and a strong narrative when presenting analysis/data to stakeholders
• Work closely with in house M&A team to support potential new business acquisitions via financial modelling
• Support adhoc analysis for other teams in FP&A and other areas of the business

Essential Skills

• Experience in FP&A / Financial Analysis, ideally within ICT / Technology
• Hands-on business partnering experience + confidence to deal with a range of stakeholders
• Advanced Excel skills (TM1 Cognos / VBA)
• Ability to work under pressure in a fluid environment
• Strong attention to detail
• Ability to work largely autonomously, while taking on board suggestions for improvements
• A great attitude and a strong work ethic
• Collaborative, team-oriented, service-oriented
• Willingness to travel (10-20%)

Preferred Skills

• Transactional consulting background- Transaction Services / Financial DD - and/or M&A Investment Banking

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Independent Financial adviser- Protection Products- up to £70k

Location: canary wharf

Retail Investment Products including Offshore Bonds, Pensions and Protection.

Requirements:

• Holds relevant regulatory qualifications to advise on Retail Investment Products including Offshore Bonds, Pensions and Protection, or you have worked as an IFA before.
• RDR qualified e.g. IAD Level 4, IMC Level 4, PCIAM Level 6
• Work closely with relationships managers and deliver superior advice to HNW clients on our protection proposition (currently Insurance and Offshore Bonds). Thereby increasing client satisfaction and share of wallet of existing clients and successfully acquiring new clients.
• Support the individual Relationship Managers and Relationship Officers within the UK Sales Team to identify potential protection opportunities in their client bank and work with them to generate Protection Review meetings for you to attend.

Please email to yyuan@mcgregor-boyall.com or call 0207 422 9374 to find out more.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Job purpose
To ensure that the expenditure and capitalization rules for accounting for Projects for all Group Companies is timely, accurate, consistent and well communicated with business stakeholders
To ensure the timely and accurate generation of reports for all the entities and projects to the monthly POC (Project Oversight Committee).
To support this, the post holder will be required to ensure that all numbers produced for the P&L account and where relevant the Balance Sheet are accurate, evidenced and valid.

Essential Function

• Generate the monthly WIP and Projects report and present it to senior management for review.
• Implement and maintain the Balance Sheet control files on a monthly basis.
• Prepare and reconcile accounts for all projects on a monthly basis.
• Prepare and post monthly accrual journals for all companies based on input from HR re contractor costs – liaising with external agencies as required as well as internal project managers
• Investigating incidence of payables delay and invoice queries arising from customers and suppliers.
• Reconciliations for Group entities, focusing on accruals & prepayments and fixed assets.
• Adhoc projects and team support including consolidation.
• Manage cut off control.
• Manage FX Rates control, ensuring that any balances arising are clearly accounted, reported and escalated to Operations and Risk Management where appropriate.

Leadership

• Main point of contact for all queries in relation to projects and balance sheet project accounts.
• Develop the team in liaison with senior management to ensure that all internal reports are produced in a timely and accurate manner.

Knowledge, skills and abilities

• Accustomed to dealing with routine and complex accounting and reporting issues.
• Comfortable with dealing with large scale IT projects and Project Management.
• Highly numeric with strong analytical and problem solving skills.
• Able to meet deadlines with a strong attention to detail.
• Sound commercial judgement.
• Strong interpersonal skills with the ability to develop and maintain effective working relationships with senior managers.
• Good team player with a collaborative style.
• Comfortable with general ledger systems, particularly SAP environments.
• Very good knowledge of controls and processes.

Qualifications / certifications

• Qualified accountant (ACA, ACCA, CIMA, etc)

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Property / Development Accountant

Our client is a global real estate company with a focus on multi family / student accommodation. They are currently undergoing a rapid period of growth and are looking to recruit a Property Accountant to own the accounting for a portfolio of development projects.

This is a chance to join a company that plans to double in size in the next 5 years and will suit candidates with an accountancy qualification and a background in property / fund accounting.

Key Duties

• Acts as a trusted finance business partner to managers on a range of development projects. This includes communication of financial data / analysis & project cost against budget
• Ensures accurate completion of journal entries into the general ledger (reconciliations, checking & reviewing calculations)
• Budget reporting for individual development projects
• Manage relationship with 3rd party administrators + ensure the quality of their investment accounting
• Provide adhoc financial info to lenders & associates
• Bank reconciliations
• Month end packs for external / internal reporting
• Assist with drawing up of project budgets
• Review lender agreements for individual development projects
• Act as key reference point for auditors, both internal and external

Person Specification

Required:

• Accountancy Qualification (ACA / ACCA / CIMA)
• Strong excel skills
• Prior experience of fund / investment accounting
• Experience of working within Real Estate / Property business
• IFRS knowledge
• Experience of working on multiple projects

Preferred

• Knowledge of Yardi Voyager

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Legal Entity Controller

Reporting to the Legal Entity Control Manager, the Senior Legal Entity Controller will be accountable for the full scope of financial reporting deliverables for the client’s EMEA holdings and will ensure the completeness + accuracy of the statutory reports. This position will cover the financial reporting for 7 legal entities across EMEA & will report under US / UK GAAP & IFRS.

Other ad hoc duties will include supporting the budgeting process / regulatory reporting.

Responsibilities:

• Statutory accounts for entities + interact with auditors, providing relevant information in a timely fashion
• Review reconciliations for relevant entities to ensure they are carried out & escalate concerns to leadership
• Ensure financial reporting controls are maintained + actively look to improve them. Furthermore, assist related teams (tax, product control, regulatory) to uphold the overall control framework
• Assist with budgeting / regulatory reporting + respond to queries from the board / leadership team
• Develop models alongside treasury using the client’s ILAA. Also assist treasury with the management of the client’s FX situation.
• Organise the liquidation of entities that no longer hold relevance
• Observe the journal posting report + resolve an unposted journals on a daily basis
• Managing + developing Junior Accountant

Desired Skills

• Experience of Legal Entity Accounting
• Accountancy qualification with 2-3 years PQE within the Financial Services
• Good academics
• Complex accounting knowledge (consolidated accounting, impairments, minority interest accounting)
• Knowledge of UK GAAP, US GAAP and IFRS
• Experience of:
• Oracle General Ledger
• Hyperion Essbase
• Oracle HFM

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Collateral Manager - Banking

Role overview:

Collateral Management is responsible for managing the collateral, exposure, valuations and regulatory commitments within the client’s product suite to help minimise credit, market and operational risks.

This role will be responsible for building and implementing the collateral management function in the Bank. Candidates will need strong experience within a similar role + experience of Derivative / Trade Finance products.

Duties

• Responsible for monitoring and managing collateral with regards to:
  1. Margin calls on derivatives (vanilla, FX and interest rate)
  2. Trade Finance transactions
  3. Term loans (collateral typically includes property, plant and equipment)
• Challenge derivative and other products valuation, particularly with regards to parameters driving this valuation and how this may differ from counterparties’ perspective
• Effectively communicate and escalate issues within Collateral Management and with traders and other support functions, including liaising with relevant departments regarding collateral set-up and entries Input of collateral/security into T24 system
• Payments limit management and approval process for Trade Services using Daily Limit report to calculate line availability and including managing pledged cash covering transactions
• Approving Forex transactions outside of established lines
• Update and draft relevant policies and procedures
• Working closely with Risk and other departments within the Bank to assist and achieve RA objectives.
• Complying with the FCA/PRA’s Individual Conduct Rules, as outlined below

Skills / Qualifications required:

• Extensive collateral management, or similar experience, within the financial services
• A strong understanding of valuation of derivatives would be an advantage
• Knowledge of MS Office and an aptitude for learning new software packages, accurate and high standards of numeracy oral and written English language, along with good organizational and communication skills and a professional attitude
• Motivation to ensure accurate and comprehensive productivity plus the ability to identify procedures that will enhance the administrative function of the department. Self-motivation and initiative are essential
• Excellent interpersonal skills including relationship management, communication and teamwork
• Experience with Temenos 24 would be desirable

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.