Head of Accounting Policy

Wolverhampton, England, gb
Company: OneSavings Bank plc
Category: Office and Administrative Support Occupations
Published on 2021-07-27 18:10:57

OSB Group is a leading specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

What you will be doing

  • Act as the Groups’ subject matter expert on Accounting Policy; take responsibility for keeping up to date on regulatory changes, understanding the impact that these changes may have on the Group and its products and make recommendations in respect of policy changes and improvements
  • Take full ownership of the Group’s accounting policy infrastructure, write and review financial accounting policies which are clear, comprehensive and technically accurate
  • Ensure that the accounting policies are fully implemented and deliver comprehensive, cross functional training where required
  • Undertake technical accounting analysis on proposed corporate transactions e.g. capital market transactions, merger and acquisitions and or corporate restructuring
  • Communicate accounting policies and required accounting processes to Financial Control and Financial Planning functions
  • Engage Senior stakeholders, namely the CFO and Audit Committee, to present policy matters and review papers to the CFO and Audit Committee
  • Ensure policies are developed and adhered to in line with documented governance frameworks
  • Manage internal and external auditor enquiries
  • Horizon scanning for changes to the applicable accounting frameworks in which the Group operates
  • Create, develop and deliver an accounting policy change plan, influencing and educating others to gain their buy-in
  • Ensure that you fully understand and comply with the organisation’s Risk Management Policies as they relate to your area of responsibility and demonstrate in your day to day work that you put customers at the heart of everything you do.
  • Ensure that you fully understand and comply with the organisation’s Data Governance Policies as they relate to your area of responsibility and demonstrate in your day to day work that you treat data as an important corporate asset which must be protected and managed.
  • In return for your commitment

    We offer a highly competitive base salary dependent on experience of between and a comprehensive benefits package including:

  • Discretionary annual bonus opportunity of up to 25%
  • 30 days annual leave plus bank holidays
  • Contributory pension (8% employer 5% employee)
  • Life Assurance (4x salary) plus Group Income Protection
  • Access to Private Medical Insurance and Medical Cash Plan
  • Additional benefits such as, Cycle Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals and Save as you Earn scheme.
  • Could you be the one?

  • Extensive experience of working in a relevant accounting role within a financial services organisation is essential or extensive experience of working within a Top 10 UK accountancy firm in a financial services audit or advisory role 
  • Previous experience of capital market transactions, merger and acquisitions and or corporate restructuring
  • Experience of IFRS
  • Experience of UK Public Company financial reporting 
  • Experience of technical accounting analysis
  • Expert knowledge and practical experience of applying International Financial Accounting Standards (“IFRS”) specifically IAS 39 and IFRS 9
  • Expert knowledge of capital market transactions, merger and acquisitions and corporate restructuring 
  • Expert knowledge of UK Public Company financial reporting 
  • Expert knowledge of UK Banking Regulation
  • What to do next

    If this sounds like you, please apply now!

    If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!

    OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.

    As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.

    Whilst we are an organisation that values face-to-face interaction and relationship building, we also acknowledge that people are not just productive in an office and tied to the 9 to 5. Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest we are happy to be asked about flexibility and explore together if we can make it work.

    All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.

    Unfortunately, due to the high number of applications currently being received, only shortlisted candidates will be contacted.

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