Senior Manager – Banking Accounting Advisory
: Job Details :


Company : KPMG


Job Location : London, Greater London, UK


Posted on : 2021-04-11T08:36:06Z


Job Description :

The Team
Our team provides a wide range of accounting advisory services including the following:

Technical accounting support on accounting and regulatory change projects such as IFRS 9, IFRS 15, IFRS 16, UK GAAP, FINREP, Pillar 3, Brexit, IBOR reform, and ESG reporting.

Accounting advice on transactions and financial reporting such as on-call accounting advisory, design or review of accounting policy manuals and financial statements.

Accounting advice with respect to securitisations and other structured transactions.

Providing subject matter expertise support on multi-disciplinary finance transformation and deal advisory projects such as business structuring, group reorganisations, mergers and acquisitions. Accounting focus areas include IAS 32, IAS 38, IFRS 2, IFRS 3, IFRS 10 and the UK Companies Act requirements.

Providing high quality and practical training and education for external and internal audiences.

Providing valuable expert resources to clients to assist finance and reporting teams on the enhancement of financial reporting processes, implementation of complex finance changes or transactions requiring technical expertise.

Role and Responsibilities

As part of our team, you will be working closely with other high impact functions within KPMG to develop client propositions.

Your responsibilities as a Senior Manager in the Banking Accounting Advisory team will include:

Leading the delivery of live accounting advisory client engagements and leading technical accounting work streams of larger multi-disciplinary engagements.

Providing subject matter expertise on technical accounting as well as practical implications relating to new accounting standards.

Responding to clients’ ongoing ad-hoc accounting queries.

Leading analysis of client transactions or structures and detailed technical accounting analysis, including formal accounting opinions where required, e.g. structured transactions or deal accounting.

Providing clients with advice on technical accounting issues and broader impacts of new accounting standards and regulatory changes.

Assisting clients in their implementation programme for new accounting change or development and post-implementation review programme through delivering client workshops/training, direct assistance in performing the assessment and/or review of clients’ assessment, review of technical accounting and risk interpretations prepared by clients e.g. IFRS 9.

Writing and reviewing client reports based on analytical exercises (e.g. review of clients’ technical accounting decisions, stakeholder interview) to present findings and recommendations.

Leading client and internal workshops and training.

Driving the identification of business development opportunities, client targeting, developing KPMG’s client propositions and thought leadership collateral, and responding to client proposals, with a primary focus on Financial Services (in particular, Banking clients).

Managing and mentoring junior engagement team members, including taking on a performance manager role for junior team members within BAA.

Leading aspects of practice management.

Researching relevant technical and industry developments, participating in and facilitating internal and external technical training and knowledge sharing sessions.

In addition, you will:

Oversee and ensure effective knowledge management of the team.

Work with Partners and Directors to sell/deliver solutions to clients.

Drive development of accounting advisory collateral and tools.

Develop thought leadership and technical accounting training material under the supervision of Partners and Directors.

You may be given opportunities to present to internal and/or external audience at various events.

Lead and deliver presentations to current and target clients.

Build and maintain long lasting client relationships.

Qualifications and Skills

Professional qualification: ACA, ACCA, CPA or equivalent.

In-depth technical knowledge of accounting standards related to financial instruments and/or relevant to Financial Services clients (IAS 39 hedge accounting, IFRS 9, IFRS 7, IFRS 13, IAS 32, IAS 38, IFRS 3, IFRS 10, IFRS 16, IFRS 15). Extensive experience in the practical application of the above financial instrument accounting requirements within the Banking and Financial Services industry.

Strong analytical skills in relation to impairment under IFRS 9, effective interest rate and other relevant valuation techniques.

Strong people manager with the ability to lead teams and develop others.

Strong communicator with a proven record in building strong and lasting client relationships.

Excellent project management with a proven track record in delivering high quality programme, project or assignment outputs.

Ability to lead and manage complex technical accounting client engagements with no supervision.

Strong work ethic, professional and personable.

Strong Microsoft PowerPoint, Word and Excel skill.

Strong influencing skills.

Experience and Background

Relevant accounting advisory or technical accounting experience within Financial Services particularly in Banking, with a minimum 4 to 5 years of post-qualification experience in a Banking technical accounting role. Any additional Financial Services experience such as asset management would be advantageous.

In-depth technical understanding of accounting standards related to financial instruments and/or relevant to Financial Services clients, primarily banks, (IAS 39 hedge accounting, IFRS 9, IFRS 7, IFRS 13, IAS 32, IFRS 16, IFRS 15) and how these impact them.

Extensive experience in the practical application of the above financial instrument accounting requirements within the Banking industry. Strong experience in IFRS 9 impairment process, derivatives or hedge accounting experience is desirable, as well as demonstrated experience in accounting change projects.

Strong technical understanding of non-financial instruments accounting standards and other relevant requirements as relevant to deals accounting and finance transformation (IAS 38, IFRS 3, IFRS 10, IFRS 2, UK Companies Act requirements). Practical experience of application of these standards in the Banking industry is desirable.

Sound understanding of Banking sector and UK and EU banking regulations and the critical interactions between IFRS and regulatory reporting. Prior experience with FINREP and other regulatory reporting within CRDIV would be advantageous.

Good understanding of issues and challenges facing the finance functions of Financial Services clients.

Excellent understanding of leading practices for financial management / financial processes / trends in finance.

Experience in identifying and driving business opportunities and development whilst maintaining a solution mindset as well as resilience to deliver in a pressured environment.

Experience in proposal writing and presenting to clients.

Demonstrated leadership ability with experience of managing a team of professional staff as well as stakeholder and relationship management skills.

Commitment to building the reputation of KPMG through high quality of work, knowledge and experience relevant to the Banking and Financial Services industry.

Passionate about technical accounting advisory and building a career in consulting within Banking and Financial Services.

Experience in practice management.



Similar Jobs (110)

KPMG - London

Employment Type : Full-Time

Roles and Responsibilities As a Senior Manager in FRM there will be opportunities to work on a variety of engagements... for Banking and wider FS clients and your role will involve: Develop and maintain relationships with senior management...

Posted on : Sat, 01 May 2021 07:07:33 GMT

Apply Now!

KPMG - London

Employment Type : Full-Time

Banking Accounting Advisory team will include: Leading the delivery of live accounting advisory client engagements... and experience relevant to the Banking and Financial Services industry. Passionate about technical accounting advisory and building...

Posted on : Sun, 11 Apr 2021 06:36:06 GMT

Apply Now!


KPMG - Bristol Area

Employment Type : Full-Time

looking to recruit an Assistant Manager to be based out of our Corporate Tax Advisory team in Bristol and Cardiff. The role... and working with Senior Managers and Managers on larger clients Involvement on tax advisory and planning work on client portfolio...

Posted on : Thu, 08 Apr 2021 07:11:35 GMT

Apply Now!

Michael Page - London

Employment Type : Full-Time

and the UK Companies Act requirements. Your responsibilities as a Senior Manager in the Banking Accounting Advisory team... and Background Relevant accounting advisory or technical accounting experience within Financial Services particularly in Banking...

Posted on : Fri, 23 Apr 2021 02:02:50 GMT

Apply Now!

KPMG - London

Employment Type : Full-Time

ManagerBanking Accounting Advisory Banking Accounting Advisory (BAA) is a team of Banking and Financial Services... technical accounting specialists with extensive experience delivering expert accounting advisory services, financial reporting...

Posted on : Fri, 26 Feb 2021 07:56:04 GMT

Apply Now!

Michael Page - London

Employment Type : Full-Time

will have relevant accounting advisory or technical accounting experience within Financial Services (particularly in Banking... and an ability to communicate well with clients both in writing and verbally. This Big 4 firm's Banking Accounting Advisory team delivers expert...

Posted on : Sat, 03 Apr 2021 01:46:37 GMT

Apply Now!

KPMG - London

Employment Type : Full-Time

Banking Accounting Advisory (BAA) is a team of Banking and Financial Services technical accounting specialists... with extensive experience delivering expert accounting advisory services, financial reporting and regulatory change projects to major...

Posted on : Fri, 02 Apr 2021 06:38:00 GMT

Apply Now!

Michael Page - London

Employment Type : Full-Time

This Big 4 Banking Accounting Advisory team provides complex accounting advice to clients within the Banking...'s Banking Accounting Advisory team in London delivers expert accounting advisory services, financial reporting and regulatory...

Posted on : Mon, 15 Mar 2021 01:54:15 GMT

Apply Now!


Senior Manager – Banking Accounting Advisory Jobs 2020, KPMG Jobs Near Me, Jobs in KPMG Company, Senior Manager – Banking Accounting Advisory Jobs Near Me, Jobs in London, Greater London, UK. If you are looking for these jobs, click this button!



Disclaimer :This job is posted by the company : KPMG, and is aggregated from various online sources and displayed on this page. Our motto is to provide jobs to as many people as we can. For more details : contact@amazejobs.co