Harper May is collaborating with a prestigious banking group renowned for its innovative financial services and commitment to excellence. With a focus on governance, value creation, and client-centric operations, this organisation has solidified its standing as a leader in the banking industry. They are seeking an experienced Head of Finance to lead their financial management and strategy.
Key Responsibilities:
- Develop and deliver the financial strategy to support strategic planning, optimise capital allocation, and guide investment decisions.
- Lead and manage the finance team, ensuring high performance, career development, and adherence to best practices.
- Provide timely and accurate financial information and insights to the CEO, board, and senior management for effective decision-making.
- Ensure the integrity and compliance of financial reporting, including the preparation of management accounts, statutory accounts, and regulatory reports.
- Oversee the annual budget setting process and monitor performance against budgets to ensure resource efficiency.
- Manage corporate tax and VAT compliance, including the accurate accounting and review of the Partial Exemption Special Method (PESM).
- Represent the organisation at external meetings and events, fostering excellent relationships with external stakeholders.
- Drive process improvements by reviewing and updating finance policies, procedures, and systems.
- Provide oversight for Accounts Payable and ensure accurate and timely payment of invoices.
- Lead and manage financial control projects and oversee the New Product Approval (NPA) process.
- Prepare financial statements, statutory accounts, and ensure seamless collaboration with auditors for the year-end statutory audit.
- Deliver reports to the parent organisation and ensure alignment with group requirements.
- Analyse expenditure to ensure alignment with restricted and unrestricted income streams.
- Provide input into key regulatory processes such as stress tests, ICAAP, ILAAP, and RRP reports.
- Participate as a member of ALCO, contributing to asset and liability management decisions.
- Produce briefing papers, reports, and documentation for senior managers and board committees.
- Manage major institutional projects and provide strategic financial guidance for new initiatives.
Qualifications/Skills:
- CIMA, CIPFA, or equivalent professional accountancy qualification (full or part).
- Extensive experience in a finance environment at a senior management level.
- In-depth knowledge of UK financial regulations and governance.
- Advanced proficiency in Microsoft Office, particularly Excel.
- Strong analytical skills with a proven ability to manage complex financial data.
- Excellent verbal, written, and interpersonal communication skills.
- Demonstrable ability to manage workload effectively in a fast-paced environment.
- Flexible and solution-focused with a positive work ethic.
- Proven commitment to equality, diversity, and inclusion.