Divisional Financial Controller

Transport for London; Greater London; Hybrid; GBP 90,000 - 110,000; Full time

Job summary

A leading transport organization in Greater London is seeking a Divisional Financial Controller responsible for consolidating financial reporting and managing audits. The role involves collaborating with finance teams to ensure compliance with accounting standards and improve financial processes. Candidates should have a qualified ACA or ACCA and experience in financial management, particularly in property organizations. This position offers a hybrid working model, competitive salary, and excellent benefits including a final salary pension scheme and free travel on the TfL network.

Benefits

Final salary pension scheme

Free travel on the TfL network

30 days annual leave plus public and bank holidays

Private healthcare discounted scheme

Discounted Eurostar travel

Qualifications

• Essential to have a strong understanding of financial management and reporting.
• Experience in a property-based organization is preferred.
• Ability to advise senior management on strategic financial issues.

Responsibilities

• Lead the preparation of divisional financial and performance reports.
• Manage the financial accounting and statutory audit process.
• Develop and manage consolidated financial reporting for executives.

Skills

Audit process management and planning

Systems and Software

Professional Accounting principles and standards

Management reporting and external reporting

Financial Control Processes

Preparation of Statutory Accounts

Education

Qualified ACA or ACCA accountant

Job description

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Key Information

Job title: Divisional Financial Controller

Salary: circa £100K + TFL Benefits

Grade: Band 4

Contract type: TfL

Reference: 3384

Team: Places Finance

Directorate: Places for London - Finance

Contract details: Permanent

Location: Victoria Station House - London / Hybrid

Application closing date: Wednesday 21/01/2026 at 23:59

*Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4-week period. Hybrid working arrangements can evolve subject to business requirements.

Overview of project

Welcome to Places for London, TfL's property company, where your career can make a meaningful impact on the landscape of a global city. As an integral part of the London community, we are building thousands of new and sustainable homes over the next 10 years across the capital.

We are one of London's largest landlords, providing flexible and accessible workspaces for 1,500 customers, over 90 per cent of which are small businesses.

Our mission is about crafting environments that inspire and connect people. From residential developments that redefine modern living to commercial spaces that drive economic vitality, we are at the forefront of urban development and reimagining what is possible. We prioritise innovation, sustainability and community engagement whilst fostering a collaborative and inclusive work environment.

Overview of role

As Divisional Financial Controller you will have specific responsibility for the review, challenge and assure the accounting records comply with company law, IFRS and CIFA accounting standards. Additionally, you will consolidate all divisional reporting, planning and forecasting outputs, and ensuring all reporting is reported to Group, challenged and delivered on‑time.

You will achieve this by collaborating with the business partnering teams and be a key point of contact for requests relating to consolidated reporting, efficiencies and process improvement work, whilst supporting pan‑Finance working to positively shape delivery.

You will develop and manage the divisions consolidated financial and performance reporting for the TfL Executive Committee and divisional executive meetings in order to drive effective decision making adding value to the business, and manage a small team of professionals to support the delivery of this.

You will also develop the Finance Regs and the Assurance reporting to test all accounting records are maintained to the highest standards.

You will be accountable for managing the financial accounting and statutory audit process including the preparation of the Places Statutory Accounts for Companies House.

Key Accountabilities

• Lead the compiling of the division's consolidated financial and performance reports for the TfL Executive Committee and divisional executive meetings, liaising with central finance, local Heads of Finance and divisional directors to develop reporting requirements and challenging the content of the reports to ensure reports continue to drive decision making and add business value.
• Preparing consolidated budgeting and forecast output for review and feedback from the Finance leadership and divisional executive meetings and ensuring the feedback is acted on by Senior Finance Business Partners.
• Lead on projects and improvement initiatives both within the Finance Business partnering area and initiatives let by central finance functions.
• Manage ad hoc queries for information or additional analysis, including Mayors questions, FOI's, internal queries and co‑ordinate the response to ad‑hoc request- Manage a team of Finance Professionals to support in the delivery of consolidated financial outputs and subject matter expertise across the division.
• Set, monitor and assure the correct accounting treatments are in place for all transactions by ensuring appropriate finance regulations are in place to meet legal, IFRS and CIPFA financial accounting rules.
• Accountable for preparing all necessary packs for the annual audit and manage the delivery of the audit to the pre‑agreed audit timetable. Deputise for the Chief Financial Officer and Head of Finance at audit review meetings as directed.
• Provide technical accounting advice to the divisional and group accounting teams.
• Develop "Accounting Regs" that explain how Places should account for all transactions ensuring that IFRS and CIPFA standards are adhered to as well as describing the type and frequency of assurance testing required to ensure all staff are accounting in accordance with the finance regs. Report findings of assurance testing to Balance Sheet Review Meeting.

Skills

• Audit process management and planning (Expert)
• Systems and Software (Experience)
• Professional Accounting principles and standards (Expert)
• Management reporting and external reporting and ad‑hoc communication (Experience)
• Financial Control Processes, Procedures and process and transaction assurance(Expert)
• Preparation of Statutory Accounts (Expert)

Knowledge

• Previous exposure at a senior level to systems and controls, performance management and change management
• Knowledge and understanding of how Finance departments operate effectively in large complex organisations
• Knowledge and understanding of the principles and process for financial operations, financial accounting and reporting, financial management, control, assurance and audit requirements. (Essential)

Experience

• Qualified ACA or ACCA accountant or equivalent qualification (Essential)
• Knowledge of accounting standards, financial compliance & assurance and reporting requirements, methods and best practice audit management and planning
• Experience of working to a strategic level in a large multi-service organisation
• Experience in a property based organisation or of auditing complex property businesses
• Expert at advising senior management teams on strategic and financial issues
• Expert in preparing statutory accounts

Application Process

• Please apply using your CV and a one-page covering letter
• Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter
• PDF format preferred and do not include any photographs or images

Interview Dates

Interviews are expected to take place in early March 2026 (dates tbc)

Equality, diversity and inclusion

We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.

Benefits

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the level of role but mostly include the below:

• Final salary pension scheme
• Free travel for you on the TfL network
• Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
• 30 days annual leave plus public and bank holidays
• TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow
• Private healthcare discounted scheme (optional)
• Tax‑efficient cycle‑to‑work programme
• Retail, health, leisure and travel offers
• Discounted Eurostar travel

We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.