The Role
Manage day-to-day accounting and reporting for various entities, conduct audits, prepare financial statements, and collaborate with cross-functional teams to enhance controls.
Summary Generated by Built In
At OakNorth, we’re on a mission to empower the UK’s most ambitious businesses. Since 2015, we’ve lent over $18 billion across the UK and US, helped create more than 58,000 new homes and 36,000 new jobs, and supported hundreds of thousands of personal savers — all while fuelling the UK economy.
The incumbent will work with the Group Finance Controllership team responsible for the General ledger including accounting and reporting. This position will participate in financial accounting, month end closing and periodic reporting activities of different group entities and support the business and other teams in India and UK.
This includes working on OakNorth UK, US, India, Jersey, and Mauritius entities.
Job Responsibilites:
- Day to day accounting, month end closing and periodic reporting in accordance with IFRS/ Indian GAAP.
- Timely and accurate preparation of various Balance Sheet and P&L items including prepayment, accruals, depreciation run and other month end entries.
- Preparation of various reconciliations - Bank, vendor, and General ledger.
- Managing intercompany transactions and booking of related entries in system.
- Fixed Assets and Intangible accounting and related schedules and physical verification.
- Preparing test scenarios and performing testing for system automation projects.
- Preparation of various internal notes/memos for approvals and for audit evidence.
- Liaising with other teams within organisation for day-to-day working including FP&A, Operations, Legal, Credit/ Portfolio monitoring, Treasury, business etc.
- Participation in the conduct of Statutory & Internal audits for the relevant entities in relation to preparation of schedules, response to auditors’ queries.
- Drafting of Standard operating procedures (SOPs).
- Collaborate with cross-functional teams to identify process improvement opportunities, streamline operations, and enhance the overall control environment
- Help in other day to day work/Adhoc Projects as may be required.
Required Experience:
- Qualified CA/ CPA required
- 0-2 years of prior experience in Analytical and accounting skills
- Background in banking sector preferred but not restricted.
- Strong in Microsoft excel and in other MS-Office applications -with focus on automation of reporting.
- Strong communication (verbal and writing) and interpersonal skills as this profile interacts with various levels and various countries.
- Personal drive (proactive), flexible, creative (thinks out of the box), result driven, responsible, curious, team player and fast learner.
- Hands on attitude, willing/capable to understand the big picture.
- Operated at scale in a fast-paced organization, have a mindset of continuous improvement, process efficiencies and automation.
- Have ability to prioritize and manage workflows and multi-task.
- Be self-driven and motivated.
Top Skills
Automation
Ifrs
Indian Gaap
Excel
Ms-Office
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The Company
What We Do
Launched in 2015, OakNorth helps the UK’s most ambitious businesses access the fast, flexible finance they need to scale, while helping savers make their money go further.
With funding ranging from £250,000 to tens of millions, we have lent billions to businesses across a whole range of sectors, performing among the top 1% of commercial banks globally.
To date, OakNorth financing has helped create tens of thousands of new jobs and affordable homes.
