Finance Director

NLB Solutions; Watford; On-site; GBP 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a strategic Finance Director to lead financial operations in a regulated environment. This pivotal role involves maintaining robust financial controls, developing financial models, and preparing statutory accounts. The ideal candidate will possess a strong accountancy qualification and experience in banking and financial services. Join a supportive team with a wealth of in-house knowledge and contribute to the growth of a dynamic business as they transition to modern offices while continuing to thrive in the financial sector.

Qualifications

• Qualified accountant with ACA, ACCA, or CIMA.
• Experience in banking and regulated financial services.

Responsibilities

• Develop financial controls and accounting strategies.
• Prepare statutory financial statements and manage budgeting.
• Present accurate management accounts and board reports.

Skills

Financial Reporting

Warehouse Financing

Treasury Management

Risk Management

Team Leadership

Education

ACA

ACCA

CIMA

Tools

FRS102

GAAP

IFRS

Job description

NLB Solutions are working exclusively with our client in Watford recruiting for a new Finance Director. This role will report directly into the board and require someone able to deal with reporting at that level. With an existing team in place which deals with the main stay of preparation of all accounts and reporting, this role is strategic and commercial in essence. The business operates within the financial services sector and requires someone who understands 'warehouse financing' as this is a niche within their industry. In this FCA regulated environment, the business requires the successful applicant to be a qualified accountant (ACA, ACCA or CIMA).

The business is looking to relocate from their existing site to more modern offices, although they will be remaining in Watford. They have a large parent company which offers support to this division in terms of strategic and operational solutions if required. However, with an existing senior management team who have been in place for many years, there is much knowledge and support in-house.

Duties:

1. Maintaining and developing robust financial controls by developing and implementing accounting strategies, policies and procedures which comply with internal and external developments.
2. Develop financial models to ensure sustainability of business.
3. Management of the balance sheet - focusing in on Treasury, Liquidity Management and Capital Ratios.
4. Preparing statutory financial statements in line with FRS102.
5. Appropriate controls on reconciliations are reviewed.
6. Monthly and quarterly management accounts, reports and MI are accurate and presented to board.
7. Monthly and quarterly board reports including KPI's, variance analysis, forecasts and commentary.
8. Manage the budgeting and forecasting process.
9. Monitoring cash-flow.
10. Relationship management with senior stakeholders internal and external.
11. Risk management and governance.

Person Spec:

1. An accountancy qualification ACCA, ACA or CIMA.
2. Team management and leadership experience.
3. Experience of working in banking and regulated financial services.
4. GAAP and IFRS experience.