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Date Added: YESTERDAY

Assistant Financial Controller

London, UK
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Company: MORGAN MCKINLEY

Job Type: Permanent, FullTime

Salary: £90,000 - £95,000 per annum

Assistant Financial Controller - International Banking Group - London - £95,000 + benefits

We are partnering confidentially with an international banking group to recruit an Assistant Financial Controller into its London-based Financial Control team. This role sits at the heart of the finance function, with significant responsibility for technical accounting, financial controls, balance sheet substantiation, and statutory reporting within a complex treasury and markets environment.

This is an excellent opportunity for a technically strong Financial Control professional with banking experience to step into a high-impact role, working closely with senior stakeholders, external auditors, and front-office teams in a regulated, multi-currency environment.

The Opportunity

Role: Assistant Financial ControllerLocation: LondonWorking model: Hybrid - 3 days per week in the office

About the Organisation

Our client is a well-established international banking group with a strong presence in London and operations across multiple global financial centres. The organisation operates across treasury, markets, and corporate banking activities, supporting a broad institutional client base and maintaining a robust regulatory and governance framework. Known for its technical expertise, prudent risk management, and collaborative culture, the bank offers a professional environment where finance plays a central role in supporting complex financial products and ensuring the highest standards of reporting, control, and compliance.

Key Responsibilities

Technical Accounting & IFRS Application

  • Lead the application of IFRS standards across complex financial instruments, including derivative and hedge accounting under IFRS 9.
  • Provide technical accounting guidance across lease, tax, and financial instrument accounting.
  • Liaise with external auditors to evidence compliance with accounting standards.

Balance Sheet Control & Substantiation

  • Own monthly, quarterly, and annual balance sheet reconciliations.
  • Investigate and resolve discrepancies, ensuring full substantiation with supporting evidence.
  • Maintain accurate records across a range of treasury and markets products.

Statutory Reporting & Compliance

  • Prepare statutory financial statements in line with local regulatory requirements.
  • Support audit processes and ensure timely, accurate reporting.
  • Contribute to evolving reporting requirements, including sustainability and disclosure standards.

Financial Controls & Process Improvement

  • Develop, implement, and enhance financial controls across the function.
  • Review processes to identify risk areas and improve efficiency and governance.
  • Support system and process improvement initiatives where required.

Collaboration & Stakeholder Engagement

  • Work closely with front office, risk, and senior management teams.
  • Provide guidance and support to junior members of the finance team.
  • Represent Financial Control in cross-departmental initiatives and working groups.

Your Profile

  • Qualified Accountant (ACA / ACCA / CIMA).
  • Strong Financial Control experience within a banking environment.
  • Excellent technical accounting knowledge, particularly IFRS 9 and financial instruments.
  • Experience with derivative products such as FX, swaps, repos, and fixed income instruments.
  • Strong Excel and systems capability; exposure to treasury or core banking systems advantageous.
  • Highly analytical with excellent attention to detail.
  • Confident communicator, comfortable engaging with traders and senior stakeholders.

What's on Offer

  • Salary: £95,000 per annum.
  • Hybrid working: 3 days per week in the London office.
  • High-impact role within a well-respected international banking group.
  • Strong exposure to technical accounting, controls, and treasury products.
  • Professional, collaborative environment with high standards of governance and reporting.
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