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Managers, Technical Accounting Advisory - Banking

Date: May 23, 2019

Location: London, United Kingdom

Company: KPMG UK

AutoReq ID144839BR
Job TitleManagers, Technical Accounting Advisory - Banking
CountryUnited Kingdom
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 audit engagement opportunities, deliver live engagements, leading small teams and providing input to larger multi-disciplinary teams
- Assist audit engagements in their implementation programme for new accounting standards through delivering audit engagements workshops/training, direct assistance in performing the assessment and/or review of audit engagements' assessment, review technical accounting and risk interpretations required for IFRS 9, 15 and 16 prepared by audit engagements. You will assist senior management of the team to deliver these services to audit engagements
- Provide audit engagements 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 audit engagement propositions and thought leadership collateral, and assisting in the responses to audit engagements proposals, with a primary focus on financial services (in particular banking audit engagements)
- Write and review audit engagement reports based on analytical exercises (e.g. review of audit engagements’ technical accounting decisions, stakeholder interview) to present findings and recommendations
- Respond to audit engagements’ 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.

Qualifications 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 audit engagements (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 audit engagements
- Excellent written and communication skills; including delivering presentations and an ability to communicate well with audit engagements in writing and verbally
- Strong Microsoft PowerPoint, Word and Excel skills

Opening date: 24th May 2019
Closing date: 21st June 2019
Competitive salary plus negotiable benefits

Our Deal

Flexible Working

Our employees have many varied work schedules to suit their individual needs!

Our intelligent working options range from role sharing and flexible start and finish times, to home working and more informal arrangements agreed within teams.

Check out examples of KPMG employees enjoying different working patterns on our website and please do share your own individual requirements with us.

Applying with a DisabilityAs a member of the Business Disability Forum we're committed to ensuring a great experience for colleagues with a disability. Should you be successful after the initial application stage, please discuss any adjustments that you may require with your recruitment contact.

KPMG's commitment to diversity

We are proud of the value we place on individuality. We want you to bring your full self to work and maximise your potential. KPMG is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation and socio-economic background.

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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