Financial Controller - Multinational Bank - London - £120,000
We are working confidentially with the UK subsidiary of a leading international bank to recruit a Financial Controller. This is a senior, high-visibility role: you'll oversee all elements of Financial Control, be the go-to technical accounting resource, lead a small finance team, and drive process improvements across the subsidiary.
The Opportunity
Role: Financial Controller
Location: London
Salary: Up to £120,000 base + benefits
Working model: Hybrid (3 days in office per week)
About the Organisation
Our client is the UK subsidiary of a leading international bank. Headquartered in London, it provides a range of wholesale banking and investment services and is regulated by the PRA and FCA. The bank has built a strong reputation for combining international reach with deep regional expertise, serving corporate, institutional, and government clients. Operating as a subsidiary gives the UK entity a clear governance framework, direct engagement with UK regulators, and an influential role within the wider group.
Key Responsibilities
- Maintain robust financial controls, oversee reconciliations, and manage the monthly close process.
- Review and approve journal entries, balance sheet substantiation, and financial statements in line with IFRS. This includes IFRS 9 for derivatives and cash flow hedge accounting.
- Act as the go-to technical accounting lead for the subsidiary, interpreting and applying IFRS.
- Lead and develop a Financial Control team of four, ensuring accuracy, timeliness, and professional growth.
- Drive process improvements across finance: streamline controls, enhance efficiency, and deliver change initiatives.
- Coordinate external audits, address audit findings, and ensure timely statutory reporting.
- Ensure compliance with HMRC, ONS, and other regulatory requirements; manage business insurance policies.
- Provide insight and financial analysis to senior management to support business decisions.
Your Profile
- Qualified accountant (ACA, ACCA, CIMA or equivalent).
- Experience working in Financial Control within the Banking sector. Smaller banks/ subsidiaries of multinational banks are highly advantageous.
- Excellent technical accounting skills (IFRS, financial instruments) with the ability to advise on complex queries, including IFRS 9 for derivatives and cash flow hedge accounting
- Proven leadership experience, managing and developing a finance team.
- Strong process and control mindset, with a track record of driving improvements.
- Excellent communication and stakeholder management skills.
What's on Offer
- Competitive base salary up to £120,000, plus strong benefits and bonus offering.
- Hybrid working in London.
- High visibility role, with exposure to senior leadership both in the UK subsidiary and parent group.
- Opportunity to shape and strengthen finance controls and processes in a growing, well-capitalised bank.
- A collaborative working environment that values technical expertise, continuous improvement, and ownership.
