Assistant Financial Controller
About the job
Assistant Financial Controller - International Banking Group - London - £95,000 + benefits
We are partnering confidentially with an international banking group to recruit an Assistant Financial Controller into its London-based Financial Control team. This role sits at the heart of the finance function, with significant responsibility for technical accounting, financial controls, balance sheet substantiation, and statutory reporting within a complex treasury and markets environment.
This is an excellent opportunity for a technically strong Financial Control professional with banking experience to step into a high-impact role, working closely with senior stakeholders, external auditors, and front-office teams in a regulated, multi-currency environment.
The Opportunity
Role: Assistant Financial Controller
Location: London
Working model: Hybrid - 3 days per week in the office
About the Organisation
Our client is a well-established international banking group with a strong presence in London and operations across multiple global financial centres. The organisation operates across treasury, markets, and corporate banking activities, supporting a broad institutional client base and maintaining a robust regulatory and governance framework. Known for its technical expertise, prudent risk management, and collaborative culture, the bank offers a professional environment where finance plays a central role in supporting complex financial products and ensuring the highest standards of reporting, control, and compliance.
Key Responsibilities
Technical Accounting & IFRS Application
- Lead the application of IFRS standards across complex financial instruments, including derivative and hedge accounting under IFRS 9.
- Provide technical accounting guidance across lease, tax, and financial instrument accounting.
- Liaise with external auditors to evidence compliance with accounting standards.
Balance Sheet Control & Substantiation
- Own monthly, quarterly, and annual balance sheet reconciliations.
- Investigate and resolve discrepancies, ensuring full substantiation with supporting evidence.
- Maintain accurate records across a range of treasury and markets products.
Statutory Reporting & Compliance
- Prepare statutory financial statements in line with local regulatory requirements.
- Support audit processes and ensure timely, accurate reporting.
- Contribute to evolving reporting requirements, including sustainability and disclosure standards.
Financial Controls & Process Improvement
- Develop, implement, and enhance financial controls across the function.
- Review processes to identify risk areas and improve efficiency and governance.
- Support system and process improvement initiatives where required.
Collaboration & Stakeholder Engagement
- Work closely with front office, risk, and senior management teams.
- Provide guidance and support to junior members of the finance team.
- Represent Financial Control in cross-departmental initiatives and working groups.
Your Profile
- Qualified Accountant (ACA / ACCA / CIMA).
- Strong Financial Control experience within a banking environment.
- Excellent technical accounting knowledge, particularly IFRS 9 and financial instruments.
- Experience with derivative products such as FX, swaps, repos, and fixed income instruments.
- Strong Excel and systems capability; exposure to treasury or core banking systems advantageous.
- Highly analytical with excellent attention to detail.
- Confident communicator, comfortable engaging with traders and senior stakeholders.
What's on Offer
- Salary: £95,000 per annum.
- Hybrid working: 3 days per week in the London office.
- High-impact role within a well-respected international banking group.
- Strong exposure to technical accounting, controls, and treasury products.
- Professional, collaborative environment with high standards of governance and reporting.
