Overview:
Manages the production of complex financial reports, reconciliations and other accounting-related activities specific to assigned area of GCM Europe, ensuring all internal and external deadlines are met, while maintaining accuracy and compliance with Company policies, International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP), regulatory and/or contractual requirements.
Primary Responsibilities: Manage the production of complex financial reports, reconciliations and other accounting-related activities specific to assigned area of GCM Europe to provide timely data for internal and/or external partners ensuring all internal and/or external deadlines are met, while maintaining accuracy. Maintain strong working relationships with internal service partners. Interact with internal contacts and other departments as well as external clients, third parties and/or vendors as required. Maintain the control framework. Provide management oversight in relation to employee application of procedures and performance to ensure processes and practices remain compliant with Company policies, IFRS, GAAP, regulatory and/or contractual requirements. Identify and recommend efficiency improvements as the business evolves. Provide updates to senior managers as required. Maintain a program for on-going monitoring of controls to ensure compliance with the policies and procedures for all aspects of processing. Review written policies and procedures on a regular basis to ensure their adequacy and effectiveness. Manage and/or participate in testing and implementing solutions. Serve as primary point of contact with internal and external Audit and Compliance regarding the operation of the Unit. Represent the department when supporting business line initiatives and their impacts to operations. Lead or participate in projects as requested by management; assess and implement changes related to business line projects. Prepare and/or review corporation tax and Value Added Tax (VAT) computations of assigned area of GCM Europe for filing or presentation to external specialists. Provide subject matter expertise on activities within the unit and serve as escalation point for troubleshooting and addressing complex issues. Review and verify the work of staff members prior to final release of information. Support Business Continuity and Disaster Recovery Plan efforts by reviewing and/or updating policies and procedures on a regular basis. Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations. Coach and develop Finance team members to ensure team skill strength consistency and promote and encourage employee development and career progression. Identify the impact of prudential regulatory change on the European entities and support Management and Group to adapt to the challenges a new regulatory landscape presents. Remain current with all regulatory changes that impact regulatory reporting; liaise with compliance, legal and other internal partners to ensure the swift implementation of new regulatory returns or changes to existing returns as required by changes to regulatory rules and requirements. Adhere to the governance and control framework, ensuring the prompt escalation to Finance Management of any delays, errors, or omissions. Develop and document policies and procedures including reconciliation processes and sign-off procedures for major returns. Work closely with the Risk team on reporting projects including the provision of management information (MI) for capital adequacy and liquidity reporting requirements. May be required to provide daily liquidity reporting to the Treasury team and work closely with Group to ensure adequate information is provided to monitor the Bank's capital and liquidity positions. Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management. Promote an environment that supports diversity and reflects the M&T Bank brand. Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Complete other related duties as assigned. Scope of Responsibilities:
The position works independently under general supervision as well as a member of a project team and supervisor/leader of a business Unit. This position has interaction with internal Bank business partners as well as internal and external auditors and assists less experienced personnel on more complex issues.
Supervisory/Managerial Responsibilities:
Education and Experience Required:
Degree educated in Accounting or related field with a minimum of 3 years' post ACCA/CIMA qualification accounting experience, or in lieu of a degree, a combined minimum of 8 years' education and work experience. Minimum of 1 year work leadership, supervisory and/or managerial experience. Qualified Accountant Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) 3 -7 years post qualification experience. Proficient in the use of Personal Computers including word processing, spreadsheet, presentation and industry-specific software. Experience in the application of Generally Accepted Accounting Principles (GAAP) principles. Experience in the application of International Financial Reporting Standards (IFRS) Accounting Standards. Experience developing and implementing Financial Controls. Detail oriented. Excellent understanding of financial risk, using it to critically appraise and develop processes and influence decisions. Outstanding written and verbal communications skills. Education and Experience Preferred:
Certified as a Certified Person under the Senior Managers and Certification Regime. ACCA, ACA, and/or CIMA qualified. Experience working agile environment. Detailed understanding of FINREP, COREP, EBA and Liquidity returns for European entities. Internal Capital Adequacy Assessment Process (ICAAP), Internal Liquidity Adequacy Assessment Process (ILAAP) and Recovery and Resolution Planning (RRP) an advantage. Physical Requirements:
Location: London, United Kingdom #J-18808-Ljbffr
Manages the production of complex financial reports, reconciliations and other accounting-related activities specific to assigned area of GCM Europe, ensuring all internal and external deadlines are met, while maintaining accuracy and compliance with Company policies, International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP), regulatory and/or contractual requirements.
Primary Responsibilities: Manage the production of complex financial reports, reconciliations and other accounting-related activities specific to assigned area of GCM Europe to provide timely data for internal and/or external partners ensuring all internal and/or external deadlines are met, while maintaining accuracy. Maintain strong working relationships with internal service partners. Interact with internal contacts and other departments as well as external clients, third parties and/or vendors as required. Maintain the control framework. Provide management oversight in relation to employee application of procedures and performance to ensure processes and practices remain compliant with Company policies, IFRS, GAAP, regulatory and/or contractual requirements. Identify and recommend efficiency improvements as the business evolves. Provide updates to senior managers as required. Maintain a program for on-going monitoring of controls to ensure compliance with the policies and procedures for all aspects of processing. Review written policies and procedures on a regular basis to ensure their adequacy and effectiveness. Manage and/or participate in testing and implementing solutions. Serve as primary point of contact with internal and external Audit and Compliance regarding the operation of the Unit. Represent the department when supporting business line initiatives and their impacts to operations. Lead or participate in projects as requested by management; assess and implement changes related to business line projects. Prepare and/or review corporation tax and Value Added Tax (VAT) computations of assigned area of GCM Europe for filing or presentation to external specialists. Provide subject matter expertise on activities within the unit and serve as escalation point for troubleshooting and addressing complex issues. Review and verify the work of staff members prior to final release of information. Support Business Continuity and Disaster Recovery Plan efforts by reviewing and/or updating policies and procedures on a regular basis. Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations. Coach and develop Finance team members to ensure team skill strength consistency and promote and encourage employee development and career progression. Identify the impact of prudential regulatory change on the European entities and support Management and Group to adapt to the challenges a new regulatory landscape presents. Remain current with all regulatory changes that impact regulatory reporting; liaise with compliance, legal and other internal partners to ensure the swift implementation of new regulatory returns or changes to existing returns as required by changes to regulatory rules and requirements. Adhere to the governance and control framework, ensuring the prompt escalation to Finance Management of any delays, errors, or omissions. Develop and document policies and procedures including reconciliation processes and sign-off procedures for major returns. Work closely with the Risk team on reporting projects including the provision of management information (MI) for capital adequacy and liquidity reporting requirements. May be required to provide daily liquidity reporting to the Treasury team and work closely with Group to ensure adequate information is provided to monitor the Bank's capital and liquidity positions. Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management. Promote an environment that supports diversity and reflects the M&T Bank brand. Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Complete other related duties as assigned. Scope of Responsibilities:
The position works independently under general supervision as well as a member of a project team and supervisor/leader of a business Unit. This position has interaction with internal Bank business partners as well as internal and external auditors and assists less experienced personnel on more complex issues.
Supervisory/Managerial Responsibilities:
Education and Experience Required:
Degree educated in Accounting or related field with a minimum of 3 years' post ACCA/CIMA qualification accounting experience, or in lieu of a degree, a combined minimum of 8 years' education and work experience. Minimum of 1 year work leadership, supervisory and/or managerial experience. Qualified Accountant Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) 3 -7 years post qualification experience. Proficient in the use of Personal Computers including word processing, spreadsheet, presentation and industry-specific software. Experience in the application of Generally Accepted Accounting Principles (GAAP) principles. Experience in the application of International Financial Reporting Standards (IFRS) Accounting Standards. Experience developing and implementing Financial Controls. Detail oriented. Excellent understanding of financial risk, using it to critically appraise and develop processes and influence decisions. Outstanding written and verbal communications skills. Education and Experience Preferred:
Certified as a Certified Person under the Senior Managers and Certification Regime. ACCA, ACA, and/or CIMA qualified. Experience working agile environment. Detailed understanding of FINREP, COREP, EBA and Liquidity returns for European entities. Internal Capital Adequacy Assessment Process (ICAAP), Internal Liquidity Adequacy Assessment Process (ILAAP) and Recovery and Resolution Planning (RRP) an advantage. Physical Requirements:
Location: London, United Kingdom #J-18808-Ljbffr
