At a glance

The Financial Controller is positioned in the Finance department and reports to the Head of Reporting/Deputy UK CFO.

The finance department is responsible for managing financial risks, financial reporting, generating information to support decision making (MI), planning and analysing business trends as well as the accounts payable/receivable process including managing vendor payments. Financial planning and analysis as well as financial reporting to fulfil both internal management and on-going external regulatory requirements are the defining features of the Finance department. 

The products delivered by the Finance department to the organisation, clients and key stakeholders are: financial reporting and analysis, regulatory reporting to the PRA/FCA, Bank of England statistical reporting, management information, including budgeting and forecasting,  accounting operations, including accounts payable, foreign exchange hedging, tax accounting and tax risk management.

The UK Finance department undertakes a complex role, in particular due to regulatory requirements. It is responsible for implementation and on-going oversight of sound financial and operational controls and governance. There is a strong element of dependency on the  ABN AMRO group functions in terms of governance, systems and controls and therefore the required level of co-ordination and communication with Head Office as well as the combination of monthly business as usual and project tasks, requires on going focus and attention to detail.
 

Your job

The Financial Controller has responsibility for Group and Regulatory reporting with particular focus on:

•    ABN AMRO UK Group reporting, including FINREP, BASEL and SFR reporting. The responsibility includes building adequate controls to ensure accuracy of the reports, testing their effectiveness and implementing improvements where required. The role also requires liaison with group finance to address queries and issues on a regular basis

•    Monthly preparation and submission of AAB UK intercompany positions and assisting head office with resolving breaks when required

•    Preparation of UK Branch regulatory returns, including by way of example, Bank of England Statutory reporting: Forms BT, ELS and CC as well as the PRA Branch returns. This comprises checking the suitability of the data towards its intended use and liaising with data owners to ensure accuracy and completeness

•    Co-ordinating with the UK Tax team to ensure that quarterly and annual corporation tax calculations and supported schedules are submitted accurately and on time.

•    Wider responsibility for ensuring that all reporting requirements are understood and met through monitoring of statistical notices and other relevant external sources with a view to identifying and implementing changes, making sure that controls are in place and effective and that all process notes are up to date and subject to regular defined reviews

•    Preparation and analysis of short and medium term cost budgets, as well as production of related performance MI e.g. quarterly updates to the UK Executive Committee. This also comprises budget administration in the reporting systems, including management of cross-entity/business line budget transfers 

•    Business partnering with central functions, including leading monthly cost centre meetings

•    Ensuring that financial risks are appropriately managed. This includes working with the wider finance team to identify, measure and report on financial risks. This also comprises making sure that relevant controls are in place to mitigate risks and that these controls are effective and commensurate to the risks involved

•    Taking part in the operational work of the wider finance function, including balance sheet reconciliations for a broad range of balance sheet accounts and picking up additional tasks during colleagues’ absence, including daily FX and liquidity management.

•    Preparation of statutory accounts
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•    Ad-hoc analysis as required.

Your working environment

ABN AMRO is an enterprising bank with a primary focus on Northwest Europe. We serve clients in the retail, private banking and corporate banking sectors. We are also present internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.

At ABN AMRO we have a clear purpose: Banking for better, for generations to come. The shift towards sustainability is one of the most important challenges of our time. Supporting our clients at times that matter has always been our role and our responsibility. Together, we aim high and work towards lasting relationships that are relevant and responsible, both now and in the future. We want to be the bank that leads the way.

Our strategy goes far beyond financial value: we want to accelerate the transition to sustainability. We do this by supporting and advising our clients in order to facilitate their sustainability shift. Our commitment to clients, employees, investors and society calls for clear direction, focus and dedication.

We concentrate on our three strategic pillars:

•    Support our clients’ transition to sustainability
•    Reinvent the customer experience
•    Build a future-proof bank

Our strategy requires a culture of working together and permanent learning. It’s only with this mindset that we unleash the best in ourselves to deliver a high standard of performance. ABN AMRO’s culture is the catalyst for the evolution in which we find ourselves: our people are imaginative, trust each other and do just that little bit extra to help clients.

ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:

•    Corporate and Institutional Banking which includes Corporate Banking, Clearing, Global Markets - Sales & Trading and Financial Institutions 
•    Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services

Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 people in the UK.

Your profile

Required level and content of education

•    Qualified accountant (ACA, ACCA, CIMA or equivalent)

Required employment experience / skills

•    Substantial PQE with some financial services experience preferred

•    Proven experience of financial control in a medium/large environment

•    Good understanding and proven experience of regulatory reporting (FCA and BoE reporting)

•    Good understanding and working knowledge of IFRS accounting principles

•    Strong interpersonal and communication skills with demonstrable experience of effective teamwork and experience of working with senior stakeholders

•    Strong excel skills

•    Ability to work under pressure to strict timelines
 

What we offer

Joining ABN AMRO means working on meaningful projects. Projects that have an impact on our clients. Working with a wide range of people with different backgrounds, opinions and ideas. In the UK, in the Netherlands or elsewhere in our international network. We offer an environment where you will be challenged on a daily basis - professionally as well as on a personal level - so that you can grow to become the professional you want to be.

Interested?

Are you interested?   Please apply via the button below.

For more information please contact Niki Champion, Senior Resourcing Partner, UKrecruitment@uk.abnamro.com, +44 203 192 9342.