Financial Accountant

Hello,

We are Recognise Bank. Our vision is to become the UK’s leading business bank, providing tailored lending and savings solutions designed to meet the unique needs of modern SMEs. 

Founded in 2017 by experienced business owners, Recognise Bank was born out of a shared frustration with the traditional banking industry’s lack of understanding, flexibility, and certainty for small and medium-sized businesses. We believed there was a better way to serve the SME community—and we set out to create it.

 In 2021, we received our banking licence and quickly built a strong community of loyal business customers, supported by our dedicated, diverse, and expert team. 

At Recognise Bank, our customers are at the heart of everything we do. We offer a range of flexible lending solutions and secure, FSCS-protected savings accounts with competitive interest rates, empowering businesses to thrive with confidence.  

About the role 

The Finance team plays a critical role in supporting the Bank by delivering accurate financial information that aids senior management in making informed decisions for the overall benefit of the organization.

The Financial Accountant will be responsible for ensuring the timely and accurate production of all internal Bank-level reporting requirements, including monthly MIS Report's and annual financial reporting. This role also involves maintaining consistency in financial information reporting, ensuring compliance with the Bank’s accounting policies and procedures, and contributing to the preparation of the Bank’s Annual Report and Accounts.

• Manage the end-to-end monthly close processes and timely Bank reporting.
• Maintain and update finance policies, processes, and internal controls to ensure compliance and data accuracy.
• Prepare monthly management accounts and update key nominal ledger accounts
• Prepare year-end statutory accounts and assist with the external audit process.
• Verify reconciliations for key financial statement items and manage cash flow forecasting, payments, and statutory returns (e.g., VAT and HMRC).
• Oversee vendor management, sales/purchase invoices, critial payroll Processes, and employee-related activities such as pensions and benefits.
• Address ad-hoc requests and ensure consistency in financial and non-financial data reporting.
• Drive process improvements, system optimization, and reporting efficiencies, ensuring compliance with financial crime policies and accounting regulations.

• Fully qualified Accountant (ACA, ACCA, or CIMA) or part-qualified with plans to complete the qualification.
• Significant experience in financial reporting and knowledge of legislative frameworks and International Financial Reporting Standard including IFRS 9.
• Strong background in financial reporting, audit, and financial control.
• Ability to produce reporting within regulatory frameworks at a Bank level (beneficial).
• Growth mindset, collaborative, and analytical approach to work.
• Strong stakeholder management, planning, and communication skills.
• Ability to simplify technical concepts for non-technical audiences.
• Able to multitask and prioritize in a dynamic environment.

Why join?  

Generous Time Off: 25 days of annual leave plus bank holidays. 

Work From Anywhere: 4 weeks of Work From Anywhere allowance per year. 

Learning & Development: Support for professional growth through tailored training and development programs. 

Hybrid Working: Flexible working model with 3 days in the office and 2 days remote per week.   

Recognise Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.