Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

The Lending Finance team supports the business with the production of financial and management reporting.  The team also assists with the development of reporting and operational infrastructure. 

What will I be doing?

The accountant will be the business partner to the Fund Solutions desk, covering both Financial Control and Financial Planning & Analysis.

Key responsibilities include:

• Drive the reporting of business performance, forecasting and budgeting for the Fund Solutions desk
• Business partnering to the desk - providing insights and supporting strategic decision-making, enhancing organisational performance and alignment with business objectives
• Reporting daily P&L for the Fund Solutions lending business
• Preparation of monthly balance sheet substantiation files for Fund Solutions lending business
• Revenue recognition on loans, and classification and measurement of financial instruments
• Daily FX exposure monitoring
• Monthly variance analysis – provide commentary and breakdowns on income statement and balance sheet movements
• Monthly production of client P&L and loan book movement analysis for lending business
• Monthly fair value calculation for FV loans and analysis of the monthly movements and drivers
• Analysis of Regulatory Capital and impairments at a deal and desk level and analysis of allocated and direct costs
• Assist with ad hoc reporting for management reporting purposes
• Assisting with the preparation of annual and semi-annual financial statement Lending disclosure packs for the Investec statutory accounts
• Audit queries during annual and interim audits
• Performing reconciliation between ledger, source systems and risk/capital systems, including investigation and resolution of breaks
• Reconciliation of inter-divisional and intercompany balances
• Timely escalation of issues/concerns
  

What are we looking for?

• Qualified accountant
• Strong academics (essential)
• Financial and Management Accounting knowledge for a banking business
• Systematic approach in analysing and solving problems with good attention to detail
• Strong understanding of IFRS 9 Financial Instruments and IFRS 15 Revenue Recognition, enabling effective financial reporting and compliance with international accounting standards
• Intermediate Excel and data manipulation skills
• Self-motivated, enthusiastic and able to work without close supervision
• Excellent communication skills, both written and verbal
• Team player
• Creative and comfortable working in a dynamic team/environment

If this is the role for you, click apply and the team will be in touch shortly! 

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme 

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the ‘Accessibility Options' link at the top of the page.

The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more.

If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.