Job description
Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company.We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. Since our launch in 2014, we’ve opened over three million accounts and we've been voted Best Current Account Provider five years in a row. We employ more than 2,300 people across our London, Southampton and Cardiff offices and will open our Manchester office in 2023.
We are looking for a Statutory Reporting Manager to join our highly-talented, growing finance team. This is a very exciting role for someone with an interest in Financial Reporting. On an unrivalled growth path, award-winning Starling will provide the Statutory Reporting Manager exposure to a wide range of learning and development opportunities in an exceptionally supportive and collaborative environment.
The role is not limited to Statutory reporting but it includes a wide range of responsibilities including supporting the Head of Group Statutory Reporting in accounting policy matters and technical input in new transactions, products and group restructuring proposals. In addition, this role offers a unique opportunity to play a pivotal role in an IPO process.
This role is suitable for managers with previous demonstrable experience working on the creation and production of consolidated financial statements for a group in the banking industry or fintech or strong technical knowledge of financial reporting for the banking industry.
This role will report to the Head of Group Statutory Reporting.
Responsibilities
- Assist in the production of the Group’s annual report and financial statements.
- Drive the statutory audits for the Group including the non-Banking subsidiaries.
- Drive efficiencies and improvements in group consolidation and solo financial statements processes.
- Assist in developing and producing quarterly and semi-annual reporting for the Group and trading updates as required.
- Alignment of the Group’s Finrep reporting with other statutory reporting
- Assist in dealing with the external auditors.
- Prepare technical papers for the audit committee on material accounting judgements and impact accounting policy changes.
- Develop and review accounting for new products and implement accounting processes where required (eg EIR, SPPI test).
- Understand output of key monthly financial processes (eg: expected credit loss, hedge accounting) and their impact on statutory reporting.
- Implementing strong controls and processes, including the review and sign-off of process documentation.
- Maintain up-to-date knowledge of financial and accounting regulations to ensure they are applied consistently and accurately.
- Developing close working relationships across Finance, Treasury, and the wider Bank.
- Manage, coach and develop junior team members.
- You have experience working in Banking or Relevant Financial Services
- A qualified chartered accountant with at least 3 years PQE and strong academic background
- Experience with International Accounting Standards and in particular IFRS 9
- Previous experience of producing Bank statutory accounts and disclosure for banks
- Ability to understand a trial balance and build reporting from underlying data
- Solid financial accounting skills including the ability to analyse and interpret variances
- Knowledge and understanding of financial systems and procedures including the ability to extract and manipulate data
- A self-starter and independent worker with strong interpersonal skills
- You can work in an environment with a high level of ambiguity
- You have very strong analytical, numerical and excel skills
- You are well organised with the ability to plan and deliver on tight deadlines with attention to detail
- 25 days holiday (plus take your public holiday allowance whenever works best for you)
- An extra day’s holiday for your birthday
- Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
- 16 hours paid volunteering time a year
- Salary sacrifice, company enhanced pension scheme
- Life insurance at 4x your salary
- Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
- Generous family-friendly policies
- Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
- Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships
You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.
We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.
Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.
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