Average Finance Accountant salary in City of London

Senior Finance Accountant - Insurance SectorCity of London£80,000 - £90,000 per annumClient is a prominent player in the Insurance industry, is seeking a seasoned Senior Finance Accountant to join their dynamic finance team. With a reputation for excellence and a commitment to integrity, the company provides a supportive environment where professional growth is encouraged.Role & Responsibilities* Preparation and analysis of statutory financial statements in compliance with GAAP requirements and insurance regulations.* Ensure accuracy and timeliness in all aspects of financial reporting and disclosures.* Manage the General Insurance Solvency II reporting processes to regulatory bodies.* Optimize reporting procedures and implement best practices in financial management.* Collaborate with internal and external auditors to facilitate comprehensive audits.Key Skills* Expertise in Statutory Reporting GAAP, with a strong emphasis on the insurance sector.* Profound knowledge of General Insurance Solvency II Reporting regulations and requirements.* Excellent analytical, problem-solving, and organizational skills.* Ability to work under pressure and meet tight deadlines.* Strong communication skills and proficiency in financial software systems #LI-PB1

An overseas banking institution wish to recruit within commodity trade finance, you will be responsible for ensuring that delivery of the Bank’s products and services are effectively and efficiently handled as well as providing post sanction conformance on all Trade Finance facilities as well as ongoing transactional and collateral management. Overview Prepare, manage and review process and procedures to ensure an efficient running of a Middle Office; this includes the operational activities that require delivery against the recommendations set out by the Bank and RegulatorsAssist and respond to customers’ daily transaction enquiriesProvide turnaround for all client requests and ensure they are prepared and processed in accordance with the relevant risk approval and passed over to the processing areas with Operation Services Department in a timely mannerContribute to the strategic development of the Bank’s commodity trade finance portfolioPrepare and update PID’s for new products and new procedures as and when requiredWork closely with the Relationship Managers and Risk Management Department to ensure all necessary business and risk evaluations are undertaken appropriatelyRepresent the Bank professionally at any events or conferences attendedEnsure compliance with the Bank’s Compliance and Sanction policies and procedures as well as all external regulatory and sanctions regulationsDeliver accurate MI and detailed reports detailing client’s exposure to product and commodity Experience Required Degree educated in Business, Finance, Accounting or other equivalentExperience within the Financial Services industry and specifically commodity trade financeWorking knowledge of Anti Money Laundering and Customer Due DiligenceGood knowledge of syndication loan and bilateral products and processesAbility to draft policies and procedures

An overseas banking institution wish to recruit within structured finance to be primarily focused on renewable and infrastructure sector transactions within the EMEA region. You will monitor the Bank’s Structured Finance business and identify ancillary opportunities so as to facilitate the delivery of strategy and business objectives Key responsibilities Write concise business review reports and identify key credit risks. Lead and complete the internal credit process in line with the Bank’s policies and requirementsAnalyse strengths and weaknesses of projects/structure in such transactions by taking into account the technology and commercial contracts proposed, regulatory and legal backdrop, and counterparties involvedConstruct and review complex Structured Finance models and key ratios and concepts used in themUndertake regular market and industry research with a view to manage the Bank’s risk appetite and credit policiesLiaise and work with clients, other departments, overseas branches of the Bank and external professional counterparties to prepare, negotiate and execute appropriate finance documentation ensuring that the Bank’s position is protected at all timesMaintain and manage ongoing relationship in relation to relevant clients with a view to maximise the overall return for the BankIdentify opportunities to cross sell other departments’ products to existing clients within the EMEA region with particular focus on the development of deposit and Interest Rate Swap (IRS) and Forex (FX) businesses Requirements Solid experience within the Financial Services industry focusing on Structured FinanceExperience and knowledge of projects in the renewable sector in the UK and ideally in the EMEA regionKnowledge of Corporate Banking productsKnowledge of the regulatory requirementsExcellent English written and oral communication skills