Financial Control Analyst – Part-Qualified

Posted 2 Days Ago
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London, Greater London, England, GBR
Hybrid
Entry level
Fintech • Payments • Financial Services
The Role
Supports financial reporting, management accounts, budgeting, forecasting, FP&A, regulatory returns, tax compliance, treasury, and finance controls. The role prepares IFRS technical accounting documentation, assists with accounts payable and receivable, reconciles cash balances, reports performance metrics, and liaises with auditors and external advisers. It offers a broad development path for a part-qualified accountant, including opportunities to improve finance processes through AI and automation.
Summary Generated by Built In
Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud-native technology, we provide businesses with secure, API-driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place. 
Office Location: London | Hybrid (3 days in office per week)
Who we are looking for 
This is a standout opportunity for an ambitious part-qualified accountant, offering genuine breadth and depth. As a lean, collaborative team, we value people who are happy to get involved across traditional reporting lines – spanning financial reporting (including technical accounting), FP&A, accounts payable, treasury and regulatory reporting. We are also focused on continually improving how we work – embracing AI and automation to streamline our processes and remove non-value-add tasks – and anyone with a keen interest in this area is of particular interest to us. You will build on your existing experience, deepen your technical knowledge and grow into a valued specialist – working closely with the CFO, senior stakeholders and external advisers on the financial processes critical to the Bank’s operations. 
Job requirements
Essential Qualifications & Experience: 
  • A part-qualified accountant (ACA, ACCA or CIMA) actively studying towards completion
  • Experience in a finance or accounting role, ideally within a bank or financial institution
  • Some practical exposure to technical accounting and/or tax – for example share-based payments, leases, income recognition, Corporation Tax or VAT. We would equally welcome candidates with other relevant accounting experience who are keen to develop in these areas
  • Strong Excel skills with the ability to work with large data sets
  • Excellent communication skills – written and verbal
  • A high degree of ownership, initiative and a “can-do” attitude
  • Attention to detail and strong organisational skills
  • A genuine appetite to broaden and deepen your experience across finance and to keep developing technically
 
Desirable Skills & Experience: 
  • Experience preparing or supporting regulatory reporting within a financial services context
  • Exposure to modules or experience involving Artificial Intelligence (AI) or automation tools
  • Working knowledge of VBA, PowerPoint and other data analysis or reporting tools
  • Experience of major Finance ERP systems is desirable, ideally Microsoft Dynamics 365 Business Central

Job responsibilities
You will assist senior finance leadership with: 
  • Preparing accurate and timely financial accounts in accordance with International GAAP (IFRS), internal group policies and regulatory standards 
  • Producing monthly management accounts, supporting budgeting, forecasting and FP&A, and delivering insights ahead of regulatory deadlines 
  • Reporting on Bank performance, including key KPIs and financial metrics, to the Board 
  • Producing the required accounting documentation for technically complex areas, including position papers that set out the interpretation and application of the relevant IFRS – for example share-based payments (IFRS 2), leases (IFRS 16) and income / revenue recognition (IFRS 15) 
  • Supporting tax compliance, workings and analysis, for example across Corporation Tax and VAT 
  • Preparing and submitting regulatory returns within the remit of the finance function 
  • Supporting treasury activities, including managing and reconciling operational cash balances and flows 
  • Supporting and enhancing the finance control environment to ensure it remains robust and fit for purpose 
  • Performing accounts payable and accounts receivable activities as required 
  • Liaising with external stakeholders including auditors, tax specialists, professional services firms, deposit aggregators and correspondent banking partners 
  • Building your expertise over time and growing into a trusted go-to person within the team across areas of technical accounting and tax 

Benefits
Benefits 
  • Competitive salary package
  • 25 days annual leave plus Bank Holidays
  • Holiday allowance that increases with length of service
  • Birthday leave
  • Enhanced company pension offering (up to 20% salary sacrifice)
  • Competitive sick pay
  • Life Assurance - 4x annual salary
  • Critical Illness Insurance
  • Private Medical Insurance with comprehensive cover for you and your family
  • Personal Benefits Allowance to purchase Salary Sacrifice Benefits (Cycle to Work, PG Protect, Dental Insurance)
  • 24/7 GP service, virtual physiotherapy, eye care, prescriptions, and health apps.
  • Digital counselling, virtual mental health support and Employee Assistance Programme
  • Digital fitness classes and discounted gym memberships.
  • Market leading parental leave
  • Fresh daily fruit and snacks
  • Bi-weekly office breakfasts
  • Peer-to-peer recognition programme with monthly value awards
  • Clear goals and performance development framework
 
Diversity 
Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, disability, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status. 

Skills Required

  • Part-qualified ACA, ACCA, or CIMA accountant actively studying toward completion
  • Experience in a finance or accounting role, ideally within a bank or financial institution
  • Practical exposure to technical accounting or tax, such as share-based payments, leases, income recognition, Corporation Tax, or VAT
  • Strong Microsoft Excel skills and ability to work with large data sets
  • Excellent written and verbal communication skills
  • High degree of ownership, initiative, and a can-do attitude
  • Attention to detail and strong organizational skills
  • Willingness to broaden and deepen finance and technical accounting expertise
  • Experience preparing or supporting regulatory reporting in financial services
  • Exposure to artificial intelligence or automation tools
  • Working knowledge of VBA, PowerPoint, and other data analysis or reporting tools
  • Experience with major finance ERP systems, ideally Microsoft Dynamics 365 Business Central
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The Company
104 Employees
Year Founded: 2020

What We Do

The Bank of London is a UK clearing and transaction bank serving ambitious businesses and financial institutions. It provides wholesale banking, payments and clearing services, access to UK payment infrastructure, correspondent banking facilities, safeguarding, embedded banking, client-money management, operating accounts, savings and API solutions. Its focus is delivering secure, seamless and innovative financial infrastructure and business-banking services for modern businesses.

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