Zopa
Senior Technical Accountant
London. Posted a month ago
The role
You will carry out technical accounting work for Zopa, including assessments of new transactions and products, and drafting accounting papers and memos. You will also help produce the annual report and support month-end reporting and work with external auditors.
What you will do
- Carry out technical accounting assessments for new transactions, products, significant contracts and other business initiatives, and draft accounting papers and memos.
- Play a key part in the Technical Accounting team's ownership of the annual report and accounts, drafting sections and bringing them together into the final report.
- Manage stakeholders across Product, Legal, Treasury and Risk, and give clear, practical technical accounting advice.
- Support the development, implementation and upkeep of accounting policies and the accounting manual.
- Help put new accounting treatments into practice and hand them over to business-as-usual teams.
- Support technical accounting for balance sheet activity, including SPPI testing and hedge accounting under IAS 39 and IFRS 9.
- Support the timely and accurate delivery of month-end reporting where needed.
- Work directly with external auditors on accounting policy and technical matters.
- Track new and proposed legislation, regulation and accounting standards, and prepare impact assessments.
- Help automate production of the annual report and look for ways to use AI and automation to improve technical accounting and reporting.
Required qualifications
- Qualified accountant (ACA, ACCA or equivalent) with relevant post-qualification experience.
- Experience working in financial services (ideally banking or consumer finance), or trained at a top six accountancy firm with financial services experience in a technical accounting role.
- Solid working knowledge of IFRS and how it applies to financial services products and transactions.
- Clear written communication, with experience drafting technical accounting papers or memos and explaining complex accounting to non-accountants.
- A questioning mindset and the ability to drive change to systems and processes.
- Comfortable managing several pieces of work at once in a fast-moving environment.
- Ability to build trusted relationships with stakeholders at all levels.
- Curious about AI and how you can use it in your everyday work.
Nice to have
- Technical knowledge of IFRS 9 (expected credit losses, EIR), hedge accounting (IFRS 9 and IAS 39), IFRS 2 (share-based payments), and IAS 38 (intangible assets).
- Experience of operational accounting.
Benefits
- Flexible ways of working.
- Option to work from abroad for up to 120 days a year, subject to right to work.
- Support for work and home life from day one.
Before you apply
- Visa sponsorship is not mentioned in the posting.
- Behavioural and competency-based interviews: AI use is not permitted.
- Technical interviews: AI use depends on the stage, and your Talent Partner will confirm what is expected.
About the company
Zopa started in 2005 as a peer-to-peer lending company and launched Zopa Bank in 2020. The company describes itself as a bank that aims to redefine what it feels like to work in finance, and says it has been named in the top three UK's Most Loved Workplaces.