Overview
Financial Controller Jobs in Stockholm County, Sweden at LevelUP HCS
Title: Financial Controller
Company: LevelUP HCS
Location: Stockholm County, Sweden
Overall Purpose
The Sweden Branch forms part of a large EU bank and has been established to further develop the bank's activities across the Nordic region.
The Financial Controller is a critical on-site finance role responsible for overseeing the branch's financial operations and ensuring the integrity of its financial reporting. The successful candidate will have significant experience in a similar position, with strong technical accounting expertise, a deep understanding of Corporate and Investment Banking (CIB) products and business lines, and extensive knowledge of Swedish financial regulations.
Main Responsibilities
- Maintain robust, compliant, and accurate financial management for the branch, ensuring adherence to Swedish and EU regulatory requirements.
- Oversee all day-to-day financial operations, including transaction processing, reconciliations, and financial controls.
- Support strategic financial planning and ensure alignment with Head Office financial objectives and reporting requirements.
- Produce and review daily P&L statements, performing variance analysis and identifying financial risks and opportunities.
- Prepare management information (MI) relating to revenue, portfolio activity, and key performance indicators, providing meaningful analysis and commentary.
- Identify and implement opportunities to automate and improve finance processes.
- Lead financial and regulatory reporting, including annual statutory accounts, quarterly group reporting, balance sheet reconciliations, and statutory filings with the Swedish Companies Registration Office.
- Manage finance-related regulatory reporting and tax compliance, including Corporation Tax, VAT, Pillar Two, and Country-by-Country Reporting (CbCR).
- Prepare monthly management accounts, budgets, forecasts, and strategic financial plans, providing detailed analysis of financial performance, trends, and projections.
- Act as the subject matter expert for tax reporting and compliance, advising on legislative changes and their financial impact.
- Provide technical guidance and support to internal stakeholders and manage complex financial transactions.
- Collaborate with onshore and offshore finance teams to ensure consistency, efficiency, and knowledge sharing.
- Drive continuous improvement initiatives to enhance financial controls, reporting accuracy, and operational efficiency.
- Assess the accounting and financial implications of changes to legislation and financial reporting standards.
- Support ad hoc finance projects as required by senior leadership.
Key Deliverables
Financial Reporting
- Annual statutory accounts.
- Quarterly group reporting.
- Balance sheet reconciliations and control.
- Submission of statutory financial accounts to the Swedish Companies Registration Office.
Management Reporting
- Daily P&L reporting.
- Monthly management accounts.
- Budgets, forecasts, and strategic financial plans.
- Financial analysis, commentary, and performance reporting.
Regulatory Reporting
- Reporting to the Swedish Financial Supervisory Authority (SFSA).
- Reporting to the Swedish Central Bank.
Tax Compliance
- Corporation Tax returns.
- VAT returns.
- Pillar Two, Country-by-Country Reporting (CbCR), and other tax-related reporting.
Key Relationships
Internal
- Branch Management.
- Head Office Finance teams.
- UK Finance team.
- Other business and support functions.
External
- Swedish Financial Supervisory Authority (SFSA).
- Swedish Central Bank.
- Swedish Companies Registration Office.
- External auditors.
- Tax advisers.
Required Experience
- Fully qualified accountant with significant experience in financial accounting, financial control, and financial management within banking or financial services.
- Strong understanding of Swedish regulatory requirements applicable to an EU banking branch.
- Extensive experience within Corporate and Investment Banking (CIB), including exposure to products such as derivatives, loans, and capital markets instruments.
- Proven experience managing the full financial reporting cycle, from daily P&L reporting through to annual statutory accounts.
- Strong knowledge of tax reporting and compliance, including Corporation Tax, VAT, Pillar Two, and Country-by-Country Reporting (CbCR).
- Experience working across geographically dispersed teams and within complex financial control environments.
Skills
- Exceptional technical accounting and financial management expertise.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and ability to work within a regulated environment.
- Strong communication and stakeholder management skills.
- Ability to drive process improvements and enhance financial controls.
