Assistant Financial Accountant

at  OneSavings Bank

Are you a keen learner? Ready for a new challenge? Then this could be the role for you.
You’ll be joining the Financial Control team based in our Chatham or Wolverhampton office. The main purpose of the team is to provide accurate monthly financial reporting figures across the Group. This is a varied role where you’ll get involved with month end activity including journals and reconciliations, as well as dealing with audit queries and other adhoc requests
The OSB Group is a FTSE 250 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 by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
Alongside passion for our products and customers, we’re passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.
As the new Assistant Financial Accountant, you will be responsible for the day-to-day financial accounting, the timely production of the Group’s month end reporting and maintaining the Group’s balance sheet as well as using your analytical skills to understand trends and investigate variances.

Your responsibilities will include…

• Perform monthly reconciliations of the Group’s Balance Sheet accounts using the Group’s reconciliation system (Blackline), ensuring excellent quality substantiation is used and issues are flagged and resolved in a timely manner. Assist in managing the unreconciled differences, helping to resolve these in a timely manner.
• Assist with the preparation of the monthly Securitisation accounting for OSB’s Canterbury/CCFS structured entities, performing month end accrual and prepayment journals, reconciliations of the SPV’s external bank accounts and assist in preparing the monthly Interest Payment Date accounting entries mid-month.
• Authorise the set-up of supplier payment details within the supplier module of Sun, ensuring sufficient evidence is supplied to support the bank details approved.
• Processing of accounting journals, ensure all transactions are posted into the Group’s accounting system (Sun) with speed and accuracy, paying particular attention to ensuring sufficient supporting evidence is maintained.
• Preparing workings for sales invoices to be issued and accrued income journals to be created.

We are looking for talented individuals who have the experience and knowledge set out below:

• Previous work experience working within a challenging finance department is essential
• Strong knowledge of / in Knowledge of general ledger accounting systems is essential
• Qualifications in or working towards accounting (i.e. AAT, ACA, ACCA, CIMA or equivalent) is essential

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

• Perform monthly reconciliations of the Group’s Balance Sheet accounts using the Group’s reconciliation system (Blackline), ensuring excellent quality substantiation is used and issues are flagged and resolved in a timely manner. Assist in managing the unreconciled differences, helping to resolve these in a timely manner.
• Assist with the preparation of the monthly Securitisation accounting for OSB’s Canterbury/CCFS structured entities, performing month end accrual and prepayment journals, reconciliations of the SPV’s external bank accounts and assist in preparing the monthly Interest Payment Date accounting entries mid-month.
• Authorise the set-up of supplier payment details within the supplier module of Sun, ensuring sufficient evidence is supplied to support the bank details approved.
• Processing of accounting journals, ensure all transactions are posted into the Group’s accounting system (Sun) with speed and accuracy, paying particular attention to ensuring sufficient supporting evidence is maintained.
• Preparing workings for sales invoices to be issued and accrued income journals to be created