Senior Accounting Analyst recruitment

Job Purpose:

Key part of this role will be to support the Finance Manager - Client Assets in various deliverables to ensure a high level of CASS adherence is maintained across all parties.

This includes various daily deliverables to our clients ensuring client money is appropriately segregated and protected across all the accounts.

A further key focus of this role will be to ensure robustness in our Management Information reporting and spending significant time across the business to validate/document rationale behind outstanding items.

Job Background/context:

Additional resource is required in this high profile area to help deal with the increased regulatory requirements and focus on Client Assets by the Financial Services Authority and various other bodies including auditors and our own clients.

This is a challenging area with exposure to management across the business.

Key Responsibilities:

· Supporting the Finance Manager with regulatory queries and issues from our clients and auditors.

· Contribute in developing financial processes and related controls in respect of assets held on behalf of clients

· Primary focus on client money client asset rules of the FSA rules, including:
o Aid in monitoring implementation of actions arising from various client money reviews and audits performed to date
o Review of breaches to establish the cause of each and ensure action is taken to address the root cause so no further errors occur due to the same issue
o Understanding all client money process flows
o Aid in co-ordinating the continued improvement of documentation of client money processes
o Periodically testing client money related processes to verify that key controls relevant to client money rules are being maintained
o Involvement in change control procedures to ensure that the client money implications of any process changes have been addressed
o Help ensuring developments in regulatory rules and related market practice are tracked and communicated to relevant staff

· Aid in undertaking analysis of client money management information and preparation of commentary thereon to corporate clients. Further ensuring all aged items have appropriate action plans in place and ensure these are documented appropriately.

· Preparation of Daily Client Money Reconciliations
.
· Preparation of the Client Money and Assets Return required by the FSA

· Working closely with the Compliance area to ensure that monitoring activity over client assets is integrated, as appropriate, with other compliance activity and that all issues relating to compliance with the CASS rules are recorded and reported as necessary.

Development Value:

Skills

Knowledge/Experience:

· Experience of a high volume cash reconciliation environment
· Controls experience.
· Experience of FSA Client Money Rules (desirable)

Skills:

General IT Skills
Microsoft Office
Experience of Talisman GL or AutoRek would be beneficial

Qualifications:

· Part Qualified/Qualified Accountant

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Competencies:

· Excellent oral and written communication skills
· Strong organisational skills with ability to prioritise and multi-task effectively
· Strong interpersonal skills across all levels
· Analytical with attention to detail and strong problem solving skills
· Self motivated
· Responsible for actions
· Ability to work under pressure to tight deadlines
· Ambition and drive