Hours:
35 hours. Hybrid/Flexible working
At least 2 days in the office a week
Closing Date:
Sat, 13 Jan 2024
We are looking for a Senior Manager to lead our Group Treasury Accounting team. Reporting directly to the Group Treasurer, you will have a key role ensuring the team meets all financial and regulatory reporting requirements for all treasury instruments. You will need to evidence experience in creating and maintaining a strong control framework and ensuring compliance with relevant accounting standards. You will also need knowledge of regulatory reporting requirements for a bank or building society.
If you are a qualified accountant with experience of leading a team of professionals, have a passion for financial markets, enjoy working in a dynamic and agile environment, and have the ability to influence, then we would love to hear from you.
Who Are We?
Not just another building society. Not just another job.
We're the fourth biggest building society in the UK and what makes us a bit different is that we're a mutual organisation. We don't have shareholders; we're owned by our members.
Our colleagues say Skipton's a great place to work, and you could be one of them, bringing with you new ideas on how we can keep customers at the heart of what we do.
Whatever your background, and whatever your goals, we'll help you take the next step towards a better future.
You will be leading the Group Treasury Accounting team, consisting of 6 other colleagues. Group Treasury Accounting works closely with the wider Group Treasury team and other areas of Finance, helping to ensure accurate and timely financial and regulatory reporting for all the Group’s treasury instruments as well as playing a key role in influencing and educating key stakeholders, including Senior Management, on all treasury accounting matters.
What’s In It For You?
Skipton values work/life balance and we are proud to support hybrid and flexible working, where possible. We have a newly refurbished head office which offers a vibrant and collaborative working space.
We have a range of other benefits available to you including;
· Annual discretionary bonus scheme
· 25 days standard annual leave + bank holidays + rising 1 day per year of service to a maximum of 30 days
· Holiday trading scheme allowing the ability to buy and sell additional annual leave days
· Matching employer pension contribution (up to 10% per annum)
· A commitment to training and development
· Private medical insurance for all our colleagues
· 3 paid volunteering days per annum
· Diverse and inclusive colleague networks available for you to join including our Carers and Pride Alliance groups
· We care about your health and wellbeing – we provide a range of benefits that support this including cycle to work initiative and discounted gym membership
What Will You Be Doing?
· Be responsible for the timely and accurate information and reporting of treasury transactions.
· Be responsible for the monthly hedge accounting process, ensuring monthly numbers are calculated accurately and communicated effectively. Ensure the Group’s hedge accounting is in line with applicable accounting standards and market practice.
· Ensure the Group’s financial instruments are accounted for in accordance with applicable accounting standards.
· Support Group Treasury in accounting requirements for new instruments / transactions in a timely manner.
· Co-ordinate the team to deliver the statutory accounting requirements to the wider Finance team.
· Responsible for the delivery of regulatory returns and review of regulatory developments.
· Responsible for the oversight of the Equity release portfolio, including the chairing of the Equity Release forum. Responsible for ensuring a thorough understanding of the value and risks associated with the equity release portfolio by developing better management information and forecasting capabilities.
· Ensure a strong control environment within the team processes.
· Be responsible for compliance with Model Governance policies and future development of the team’s models.
What Do We Need From You?
· Experience of enhancing and maintaining a strong control framework.
· A proven ability to effectively communicate to influence/direct others at an appropriate level, presenting technical issues to both technical and non-technical audiences, including those at a senior level.
· Good ability to interpret & understand data and present results clearly.
· High level of attention to detail and delivery of effective business requirements.
· Advanced accounting knowledge relating to derivatives.
· Advanced knowledge of Building Society and Treasury activities.
· A detailed understanding of current accounting standards, practice and guidance.
· Knowledge of accounting processes, COREP reporting and Capital Requirements Regulation (CRR), including the ability to interpret complex regulatory reporting requirements.
· Ability to manage own workloads and co-ordinate multiple deliverables of a team of qualified accountants.
Proud member of the Disability Confident employer scheme
Disability Confident
About Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to
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