Financial Reporting Manager - IFRS9

Our Financial Services based client is looking for an experienced Financial Reporting Manager to work on an exciting programme of work.

The main focus of the role is preparation for the implementation of IFRS 9.Principle Accountabilities:

- Analyse requirements of IFRS 9 and document accounting interpretations.
- Classify the existing financial assets into the IFRS 9 measurement categories and define internal policies and procedures for on-going classification and for new products.
- Define and document the Bank's accounting policies in respect of impairment provisioning under IFRS 9.
- Provide oversight and challenge to modelling assumptions and decisions taken by Credit Risk as they progress through the model build.
- Define detailed disclosure requirements (internal and external) to be incorporated into the model build.
- Assess impact of implementing IFRS9 on capital and tax planning, and product pricing.
- Assess interaction and impact of IFRS 9 impairment models on regulatory capital under Basel III.
- Contribute to the design of the IFRS9 target operation model (processes, governance, controls etc).
- Ensure that all documentation produced is robust and fit for internal/external review.
- Provide technical support and training to Finance and other Bank stakeholder on IFRS 9.
- Qualified accountant (likely to have at least 3 years PQE).
- Technically strong with sound knowledge of accounting for financial instruments under IAS 39 and/or IFRS 9.
- Extensive financial reporting experience in banking or financial services (gained in industry or practice).
- Broad knowledge of IFRS in general.

Skills, knowledge and experience:

- Qualified accountant (likely to have at least 3 years PQE).
- Technically strong with sound knowledge of accounting for financial instruments under IAS 39 and/or IFRS 9.
- Extensive financial reporting experience in banking or financial services (gained in industry or practice).
- Broad knowledge of IFRS in general.
- Exposure to regulatory reporting and treasury operations in the banking sector would be particularly valuable.
- Understanding of end-to-end reporting processes, systems and controls across a banking Finance function, in particular the loan impairment process.

Please send CV in first instance.