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Financial Accountant, Reconciliations - 4 month contract

Posted a month ago

  • London, Greater London
  • Any
  • External
  • Expires In 2 months
Financial Accountant, Reconciliations - 4 month contract Who we're looking forWe are looking for a qualified accountant with a cost accounting background who is interested in working in our compensation accounting team. No prior compensation accounting experience is required; however, it will be an advantage.About SchrodersWe're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.The baseWe moved into our new HQ in the City of London in 2018. We're close to our clients, in the heart of the UK's financial centre. And we have everything we need to work flexibly.The teamThe Group Compensation Accounting team provides accounting services globally for the Group's compensation related costs including the accounting, monitoring and reporting of most staff cost related items. In particular, the team focuses on variable compensation in the form of bonuses, including the complex accounting of deferred awards. The team works closely with most Finance and Human Resources departments globally to ensure compensation costs are properly recorded within both the internal and external accounts.The role provides broad exposure to a variety of compensation accounting processes and therefore requires a candidate who is able to work flexibly. The successful candidate will be responsible for providing an efficient, well controlled process, which minimises manual intervention for all aspects of Compensation Accounting.The team will comprise six team members after the new temporary role is filledWhat you'll doWe would like you to take responsibility in conjunction with the other members of the Group Compensation Accounting Team for:• Monthly processes undertaken by the team including bonus provisions, redundancy accruals, commitment accruals, review of payroll payments , compensation cost review and total compensation ratio calculation• Accounting for various share and fund award schemes (DAP, EIP, LTIP & SIP), monitoring hedging• Maintaining the integrity of data within the Group general ledger systems via the monthly balance sheet reconciliation process• Delivering the annual bonus provisioning process and bonus reconciliations for all employing entities• Identifying and implementing ways in which the numerous processes can be streamlined to minimise manual intervention• Ensuring risk management via maintenance of documented procedures• Assisting the implementation of consistent global payroll posting processes and maintaining on a monthly basisThe knowledge, experience and qualifications you needWe would like our candidates to be:• Systems literate, particularly of Excel, is essential• Have minimum 2 years in a professional and corporate environment• Newly qualified accountant (up to one year post qualified) with a strong academic backgroundThe knowledge, experience and qualifications that will help• Use of Fusion, Blackline, HFM, PBCS and Anaplan an advantage• Demonstrable curiosity and passion to learn about Asset Management/ Financial ServicesWhat you'll be likeWe're looking for a qualified accountant with a strong background in accounting who will be able to:• Demonstrate being highly detail orientated and have the ability to work under own initiative• Handle highly confidential information• Command respect and influence across the business by developing close and effective working relationships both within finance and across other areas of the business• Identify controls weaknesses within the risk management framework and implement improvements• Demonstrate very strong written and verbal communication skillsWe recognise potential, whoever you areOur purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristic.
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