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Managers, Technical Accounting Advisory - Banking

Date: Nov 30, 2018

Location: London, United Kingdom

Company: KPMG UK

AutoReq ID126800BR
Job TitleManagers, Technical Accounting Advisory - Banking
CountryUnited Kingdom
LocationLondon
FunctionAudit
Service LineAudit
Service Line InformationAt KPMG, our vision is to be the clear choice on the future of Audit. In today’s complex and ever-changing business world, we recognise that we need to be one step ahead for our clients - rather than reacting to emerging trends we need to anticipate them by harnessing technology. Our people are integral to this, bringing their natural curiosity, diversity of ideas and perspectives to help deliver client excellence.

KPMG OverviewKPMG is part of a global network of firms that offers Audit, Tax & Pensions, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.

With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

Job Description
The Banking Accounting Advisory team has live accounting advisory and change project experience in the market as well as in-depth understanding of technical accounting and insights into practical application issues and challenges. The team’s experience enables us to anticipate and proactively address the future challenges in the banking sector and our proven track record have resulted in significant growth which require dynamic and skilled individuals to deliver.

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
- Accounting advisory on transactions and financial reporting such as on-call accounting advisory, design or review of accounting policy manuals and financial statements
- Accounting advisory with respect to business structuring
- Providing subject matter expertise support on multi-disciplinary Finance transformation and Deal advisory projects
- Audit support on technical accounting queries related to financial instruments
- Providing high quality and practical training and education for external and internal audiences

We are currently seeking Managers to join our Technical Accounting Advisory – Banking department in London during a significant period of growth.

Role and Responsibilities

- Manage client opportunities, deliver live engagements, leading small teams and providing input to larger multi-disciplinary teams
- Assist clients in their implementation programme for new accounting standards through delivering client workshops/training, direct assistance in performing the assessment and/or review of clients’ assessment, review technical accounting and risk interpretations required for IFRS 9, 15 and 16 prepared by clients. You will assist senior management of the team to deliver these services to clients
- Provide clients with advice on technical accounting issues and broader impacts of new accounting standards and regulatory changes
- Taking an active role in the identification of business development opportunities, develop KPMG’s client propositions and thought leadership collateral, and assisting in the responses to client proposals, with a primary focus on financial services (in particular banking clients)
- Write and review client reports based on analytical exercises (e.g. review of clients’ technical accounting decisions, stakeholder interview) to present findings and recommendations
- Respond to clients’ and audit teams’ ad-hoc accounting queries related to financial instruments
- Manage and mentor engagement team members

There will also be opportunities to get involved in some regulatory areas as well as projects led by other KPMG teams where accounting SME support is required, e.g. FINREP, Brexit, Finance transformation.


Necessary Experience and Skills

- Professional qualification: ACA, ACCA, CPA or international equivalent
- Relevant experience within Financial Services, with a minimum 2 years’ experience in technical accounting in Banking
- Prior experience with Impairment processes, as well as demonstrated experience in accounting change projects
- Robust technical understanding of accounting standards related to financial instruments and/or relevant to Financial Services clients (IAS 39, IFRS 9, IFRS 7, IFRS 13, IAS 32, IFRS 16, IFRS 15) and crucially the practical application within the banking industry
- Knowledge of finance processes, in particularly accounting processes and / or reporting requirements
- Proven ability to identify and pursue business opportunities whilst maintaining a solution mindset as well as drive and resilience to deliver in a pressured environment
- Demonstrated leadership ability with experience of managing a team of professional staff as well as stakeholder and relationship management skills
- Strong analytical skills in relation to impairment techniques
- Strong project management skills, demonstrated by a record of accounting project delivery
- Strong ability to evaluate technical issues, analyse facts, ability to influence and deal with senior individuals, consult and deliver solutions to clients
- Excellent written and communication skills; including delivering presentations and an ability to communicate well with clients in writing and verbally
- Strong Microsoft PowerPoint, Word and Excel skills

Our DealIf the chance to work with interesting clients and innovative technology wasn’t rewarding enough, we’ll motivate you in other ways too. At KPMG you can expect real responsibilities and opportunities to grow professionally.


‘Our Deal’ sets out all the different ways you’ll be rewarded at KPMG. Among other things you can benefit from honest conversations about your career as well as a range of other rewards. In all these ways and more, we have created an environment that can bring out the best in you.

Flexible WorkingWhile some of our client-facing professionals can be required to travel regularly, and at times be based at client sites, we are supportive where possible of helping you to achieve a balance between your home and work demands.

We are happy to discuss individual requirements and our range of flexible working arrangements could be of interest. Furthermore, as part of the recruitment process, we can put you in touch with people who work flexibly so you can understand from them what our culture is like.

Applying with a DisabilityKPMG are proud to be an inclusive, equal opportunity employer and we seek to attract and retain the best people from the widest possible talent pool. As a member of the Business Disability Forum we're committed to ensuring that you are treated fairly throughout our Recruitment Process. Should you be successful after the initial application stage, please discuss any reasonable adjustments that you may require, with your recruitment contact.

KPMG's commitment to diversity

KPMG consistently features in the Sunday Times Best Big Companies to work for, which has been recognised with a special achievement award to mark our 10 years in the Top 25. We are proud of the value we place on individuality; we want you to bring your full self to work and truly maximise your potential. We believe that your individuality helps us to deliver the best results for our clients. Diversity of background, diversity of experience, diversity of perspective - that's the KPMG difference. But, don't take our word for it, find out more about diversity at KPMG.

Returning to work after a break

At KPMG, we appreciate that returning to work after an extended career break can be daunting. We understand that those with experience who have taken a career break have a wealth of experience and knowledge to offer our organisation, which helps us to achieve our business goals. We will support you to refresh your skills, develop your confidence and provide a supportive network across the firm to help you best integrate into the working environment. This role welcomes applications for individuals who have been out of work for 18 months or more and who have previous relevant experience.

Policy for Agencies

KPMG has a commitment to sourcing candidates directly and as such we do not accept speculative CV’s from agencies. Please check here to see our policy on agencies: Policy


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