Assistant Finance Manager - Effective Interest Rate

Lloyds Banking Group; Leeds; Hybrid; GBP 43,000 - 49,000; Full time

Job summary

A leading company is seeking an Assistant Finance Manager to join its Retail Financial Control & Reporting team. Responsibilities include enhancing the control environment, delivering automated financial reports, and collaborating with various stakeholders. The role requires a qualified accountant with strong analytical skills and attention to detail, as well as experience in financial reporting and control processes. A commitment to diversity and flexibility is emphasized, with various employee benefits offered.

Benefits

Up to 15% pension contribution

Performance bonuses and share schemes

Flexible benefits like shopping discounts

28 days’ holiday plus bank holidays

Wellbeing initiatives and parental leave policies

Qualifications

• Qualified accountant (ACA, ACCA, CIMA) required.
• Strong Excel skills and experience with financial systems.
• Understanding of EIR and stakeholder communication.

Responsibilities

• Deliver automated EIR solutions for Consumer Lending.
• Prepare monthly management accounts and analyze trends.
• Collaborate with internal teams and external auditors.

Skills

Strong Excel skills

Analytical skills

Attention to detail

Interest in automation

Risk and control knowledge

Education

Qualified/part-qualified accountant (ACA, ACCA, CIMA)

Tools

Financial systems

Job description

End Date: Tuesday 24 June 2025

Salary Range: £43,803 - £48,670

We support flexible working – click here for more information on flexible working options

Flexible Working Options: Flexibility in when hours are worked, Hybrid Working, Job Share

Job Description Summary

Job Title: Assistant Finance Manager - Effective Interest Rate

Salary: £43,803 - £48,670

Locations: Halifax, Bristol, Newport & Leeds

Hours: Full Time

Working Pattern: Hybrid, involving at least two days per week at an office site

About this opportunity

Join our Retail Financial Control & Reporting team within Group Finance Support (GFS), based across Yorkshire, the South West, and Wales. Our team of around 300 colleagues is responsible for financial reporting, control, and supporting strategic initiatives.

As an Assistant Finance Manager, you will work closely with Retail Finance to enhance our control environment and ensure the accuracy of financial reporting, especially delivering monthly Effective Interest Rate (EIR) outputs for Credit Cards, Homes, and Loans models.

Responsibilities include:

• Delivering automated EIR solutions for Consumer Lending, focusing on Cards and Homes models
• Preparing prescribed monthly management accounts and analyzing actuals for trends
• Researching data to interpret trends and ensure control integrity
• Embedding risk management processes to maintain a high-quality control environment
• Building networks across Finance to facilitate swift ledger investigations
• Identifying process improvements and supporting continuous improvement initiatives
• Collaborating with internal teams, external auditors, and third parties
• Driving automation and AI tools to improve processes

About us

We’re transforming our Group with a focus on technology, workplaces, and colleagues to create an inclusive environment where everyone can thrive. We are committed to diversity, equity, and inclusion, with initiatives supporting our community and workforce.

What you’ll need:

• Qualified/part-qualified accountant (ACA, ACCA, CIMA)
• Strong Excel skills and experience with financial systems
• Analytical skills and attention to detail
• Understanding of EIR, governance controls, SOX testing, and stakeholder communication
• Risk and control knowledge, including LBG RSCA
• Interest in automation and AI tools for control improvements

Useful experience:

• Experience in EIR
• SOX framework knowledge

Benefits and culture

We support diversity and offer flexible adjustments, including:

• Up to 15% pension contribution
• Performance bonuses and share schemes
• Flexible benefits like shopping discounts
• 28 days’ holiday plus bank holidays
• Wellbeing initiatives and parental leave policies

If you’re interested, we’d love to hear from you!

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