Financial Reporting Analyst

This role is for a Financial Reporting Analyst position within EEA Financial Reporting and Accounting team. This unique and high profile role provides an excellent opportunity for a part-qualified/trainee accountant to join our team and develop your financial reporting and technical accounting skills in a friendly and supportive environment. This role will also provide you with valuable insights into financial market operations conducted for the EEA. The role combines a wide range of accounting, analytical, and technical/systems responsibilities, including:

• Daily Profit and Loss reporting
• Daily financial controls and reconciliations
• Monthly financial and management accounts
• Monthly statistical reporting to the International Monetary Fund (IMF) and other stake holders
• Supporting the production of the statutory annual accounts and Whole of Government Accounts (WGA)
The team is responsible for the integrity of the financial accounting data generated by the Bank's trading and accounting systems, ensuring all financial controls are robust and effective. The team also produces the statutory annual report and accounts, manages the audit process with the National Audit Office (NAO), liaises with HM Treasury, and supports policy and operational initiatives for managing the EEA. The team collaborates with other areas, offering a chance to expand knowledge and gain experience in a diverse environment.

Applications are encouraged from part-qualified/trainee accountants (ACCA/CIMA/ACA, or equivalent) with the following key attributes:
• Strong IT skills (including Excel) with an ability to adapt and learn different software packages/applications
• Good awareness of financial controls and the importance of reducing/mitigating operational risk
• Good problem-solving and analytical skills with an ability to interpret complex information
• The ability to work effectively both independently and within a team, and adept at managing and prioritising workload
• Meticulous attention to detail and a strong focus on delivery
• Ability to engage with and build effective relationships at all levels
• A desire to develop accounting knowledge and experience within a financial markets environment
• A keenness to embrace change and support change programmes
• Ability to identify and implement operational improvements and seek ways to add value.
Desirable Criteria
• Knowledge and/or experience of financial markets and banking operations, particularly with fixed income and derivatives, will be beneficial
• Experience using OpenLink, although training will be provided
• Experience of project work and/or project management
  
  Our Approach to InclusionThe Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve. At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it's by drawing on different perspectives and experiences that we'll continue to make the best decisions for the public. We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for
candidates and employees in the recruitment process where they're needed. For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders. Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the 'Candidate Personal Information' under the 'Disability Confident Scheme' section of the application. Salary and Benefits InformationWe encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate. This role offers a salary ofLeeds from £27,280 - £30,690London from £30,320 - £34,110. In addition, we also offer a comprehensive benefits package as detailed below: In addition, we also offer a comprehensive benefits package as detailed below:
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
• 26 days' annual leave with option to buy up to 12 additional days through flexible benefits.
• Private medical insurance and income protection.