We are currently recruiting for a fully qualified (ACCA or ACA) Financial Accountant to join our client, FBN Bank (UK) Limited in March 2023 on a permanent/full time basis.

FBN Bank is a subsidiary of the First Bank of Nigeria – the largest and most respected banking institution in Nigeria and have branches in London and Paris, and Representative Office in Lagos and Abuja. FBN focus on providing outstanding, cross border trade and investment services between Africa, Europe and the Middle East.

Purpose of the role:

To support the Head of Operations and Head of Financial Control and provide back-up Financial Reporting Manager on Financial Reporting including statutory accounts, audit and taxation; Suspense and Nostro accounts’ reconciliation; FBNL Group reporting; ALCO reporting and Projects.

Primary Responsibilities of Role:

  • Assist in the production of statutory accounts in compliance with UK GAAP and IFRS
  • Assist Head of Financial Control with coordination of interim and annual audits
  • Contribute to completion of corporation tax, CT61, VAT, FATCA and SECT17
  • Play a leading role in completion of FBNL Group reporting and provide back-up support to Financial Reporting Manger as necessary
  • Preparation of monthly ALCO reports
  • Preparation of supplier expense analysis for the OPEX pack
  • Daily / weekly reporting of Profit & Loss and Statement of Financial Position, carrying out analysis and investigation as required.
  • Monitoring the impact of revaluation and assisting Treasury with managing foreign currency exposures through derivatives.
  • Preparation of month end journals: Salary costs, prepaid expenses, provisions for expenses and depreciation.
  • Managing the fixed asset schedule, ensuring assets are capitalised and depreciated correctly.
  • Balance sheet, suspense and internal accounts’ reconciliations
  • Support accounts payable process and staff loan maintenance
  • Support Head of Financial Control in preparation and annual review of general accounting policies and procedures
  • Support Regulatory Reporting team with inputs for completion of Common Reporting
  • Investigation on outstanding transactions on Nostro and Nosbra accounts
  • Reviewing system generated financial reports for correctness – e.g., GL, P&L, Customer Balance report, Limit utilization reports, Loans report, Revaluation report, etc.
  • Assisting in the external audit, gathering supporting documentation and responding to audit queries.

Skills/Experience required

  • Fully qualified accountant – ACCA / ACA
  • 5 years (minimum) accountancy experience within Banking or financial services.
  • High proficiency in Microsoft Office applications, Excel in particular
  • Excellent attention to detail and high level of accuracy.
  • Commercial awareness, with strong analytical skills.
  • Strong communication and organizational skills.

Tagged as: Banking


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