Management Accountant

We are seeking a commercially minded, technically strong, and detail-oriented Qualified Management Accountant to join the Finance team of a growing mid-sized bank in London.

The successful candidate will take ownership of key management accounting activities, providing accurate and insightful financial information to support business decision-making. The role will have a strong focus on management reporting, budgeting and forecasting, financial analysis, cost management, financial controls, and supporting the wider Finance function within a regulated banking environment.

This is an excellent opportunity for a qualified finance professional looking to develop their career within financial services, gain broad exposure across the bank, and work closely with senior stakeholders across Finance and the wider business.

Key Responsibilities

• Take ownership of the preparation and delivery of accurate and timely monthly management accounts and management reporting packs.

• Prepare and analyse monthly financial results, including profit and loss, balance sheet, cash flow, and key performance indicators.

• Perform detailed variance analysis against budget, forecast, and prior periods, identifying key drivers and providing meaningful commentary.

• Support the annual budgeting and financial planning process, working closely with budget holders and senior stakeholders.

• Maintain and update financial forecasts, providing analysis of emerging trends, risks, and opportunities.

• Prepare detailed financial analysis to support commercial and strategic decision-making across the bank.

• Monitor income, expenditure, accruals, prepayments, provisions, and other financial transactions to ensure accurate financial reporting.

• Perform and review bank, balance sheet, intercompany, and general ledger reconciliations, ensuring discrepancies are investigated and resolved promptly.

• Prepare and post journals, ensuring accounting entries are accurate, complete, and appropriately supported.

• Maintain strong financial controls and ensure the integrity of financial information across the Finance function.

• Support the preparation of statutory, regulatory, and other financial reporting requirements applicable to the bank.

• Provide financial insight and support to business teams, including analysis of costs, profitability, performance, and financial trends.

• Work closely with Finance, Risk, Compliance, Operations, and other business functions to understand financial performance and improve reporting.

• Support internal and external audit processes, providing accurate documentation and evidence as required.

• Identify opportunities to improve financial processes, reporting efficiency, controls, and automation.

• Contribute to Finance projects, systems implementations, process improvements, and other strategic initiatives.

• Provide support and guidance to junior members of the Finance team where appropriate.

• Ensure all activities are carried out in accordance with the bank’s policies, procedures, accounting standards, and applicable UK regulatory requirements.

Candidate Requirements

Essential

• Fully qualified accountant with ACA, ACCA, CIMA, or an equivalent recognised professional qualification.

• Relevant post-qualification experience in management accounting, financial reporting, or a similar finance role.

• Experience working within banking, financial services, or another regulated financial environment is highly desirable.

• Strong understanding of management accounting principles, financial reporting, budgeting, forecasting, and financial controls.

• Proven experience preparing and analysing monthly management accounts and providing financial commentary to senior stakeholders.

• Strong analytical skills with the ability to interpret financial data and translate findings into clear commercial insights.

• Advanced Excel skills and confidence working with large and complex financial datasets.

• Experience working with finance systems, ERP platforms, and/or financial reporting tools.

• Strong attention to detail combined with the ability to understand the wider commercial and business context.

• Excellent organisation skills with the ability to manage multiple priorities and meet demanding reporting deadlines.

• Strong communication and stakeholder management skills, with the ability to explain financial information clearly to non-finance colleagues.

• Strong problem-solving skills and the ability to investigate and resolve accounting and reporting issues independently.

• High level of integrity, confidentiality, accountability, and professional judgement.

Desirable

• Previous experience within a UK bank or regulated financial institution.

• Knowledge of UK banking regulation and regulatory reporting requirements.

• Experience with financial planning, forecasting, cost management, and profitability analysis.

• Experience working with financial reporting, consolidation, or business intelligence systems.

• Experience supporting finance transformation, process improvement, or automation projects.

• Experience presenting financial results and analysis to senior management.

• Knowledge of relevant UK accounting standards and regulatory requirements.