Senior Financial Accountant

We’re on a mission to build the world’s greatest social bank. We believe that banking needs to change for the better. When money is used correctly, it can transform our daily lives and positively impact the planet.

We’re looking for a qualified accountant with at least three years’ experience working in banking to join our Finance team as a Senior Financial Accountant.

The successful candidate will take ownership of key financial accounting activities, support month end and year end reporting and maintain effective financial controls. You will also help implement accounting processes for new products and transactions, improve existing processes and support automation across Finance.

How you will contribute and key responsibilities:

As a Senior Financial Accountant, you will help ensure Kroo Bank delivers accurate, complete and timely financial reporting. You will take responsibility for key elements of the month end and year end close, maintain strong balance sheet controls and ensure the integrity of financial data.

You will support technical accounting assessments and ensure new products and material transactions are appropriately accounted for. Working closely with colleagues across Finance, Treasury, Risk and Operations, you will contribute to financial reporting, process improvements and finance transformation initiatives. Your responsibilities will include:

• Prepare and manage key elements of the month end and year end close processes
• Prepare financial reporting, management information and supporting analysis
• Maintain and enhance financial accounting processes and controls
• Prepare and review balance sheet reconciliations, including loans, deposits, derivatives and other financial instruments
• Reconcile and monitor loan portfolios, provisions and related balances
• Support impairment assessments and loan loss provisioning
• Prepare technical accounting papers and document accounting judgements where required
• Implement accounting and financial control processes for new products and initiatives
• Ensure the completeness and accuracy of financial data and investigate discrepancies
• Support the preparation of statutory financial statements and associated disclosures
• Assist with external audit, internal audit and regulatory reporting requirements
• Respond to accounting and reporting queries across the bank
• Drive automation to improve reporting, reconciliations, controls and month end efficiency
• Support system improvements and finance transformation projects
• Work closely with stakeholders across Finance, Risk, Treasury and Operations

• Qualified accountant (ACA, ACCA or equivalent)
• At least 2/3 years’ experience working in banking, with relevant financial accounting, reporting or financial control responsibilities
• Strong understanding of IFRS and its application within a banking environment
• Strong understanding of banking products and their accounting treatment, including loans, deposits and treasury assets such as covered bonds and RMBS
• Experience of month end and year end reporting, balance sheet reconciliations and financial controls
• Experience with impairment and loan loss provisioning is highly desirable
• A background in financial services audit at a Big Four or other accountancy firm would be beneficial
• Strong analytical and problem solving skills
• A proactive approach to process improvement and automation
• Excellent attention to detail and the ability to manage competing deadlines
• Strong communication and stakeholder management skills
• Advanced Excel skills, with experience of other reporting, automation or AI tools beneficial

What we offer:

We offer a range of benefits to support our employees both in and outside work:

• Generous holiday allowance: 25 days’ annual leave, eight bank holidays, one Kroo bank holiday on 24 June and one day off during the week of your birthday.
• Personal days: Three personal days to use as needed.
• Volunteering: Up to four hours per month of employer sponsored volunteering time.
• Mental health support: Access to Spill, our mental health support partner.
• Workplace pension: A workplace pension with a 5% employee contribution and a 3% employer contribution.
• Equipment: The equipment you need for hybrid working, including a MacBook laptop and support towards your home office setup if required.
• Modern office: Access to our office in Farringdon, Central London.
• Cycle to Work scheme: Support for sustainable travel.
• Electric Car scheme: Access to our Electric Car scheme.
• Enhanced parental leave: Support for employees starting and growing their families.
• Development opportunities: Opportunities to develop your skills and progress as the bank grows.
• Healthcare: Healthcare cover for you and your immediate family through Vitality.

Hybrid Working:

This role is based in London and follows our hybrid working policy, combining remote working with time in our Farringdon office. We currently expect office attendance approximately once a month, with arrangements agreed to support the needs of the role and team. The role operates Monday to Friday.

Diversity and Inclusion:

We are committed to creating a diverse and inclusive workplace where every employee is valued, respected and supported. Diversity, equality and inclusion inform how we work and make decisions across the bank. Reasonable adjustments are available to all candidates throughout the recruitment process.

To all Recruitment Agencies:

Kroo Bank does not accept unsolicited agency CVs. Please do not submit CVs through our job advertisements or directly to Kroo Bank employees. We will not accept responsibility for fees arising from unsolicited submissions. All candidates should apply directly through the advertised platform. Please do not contact the company or its employees by email, LinkedIn or other channels for application enquiries or updates, as these will not receive a response. Thank you for your understanding and cooperation.