Financial Controller

Greater London Authority; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Hybrid working up to 3 days in office

30 days annual leave

Season ticket loan (interest-free)

Bicycle loan (interest-free)

Career average pension scheme

Job summary

The Oxford Street Development Corporation (OSDC) is building its finance function from the ground up. We seek a capable Financial Controller to design and implement financial systems, controls and reporting processes for a high-performing public sector organisation in London.

Reporting to the Head of Finance, you will lead financial management and control across OSDC, ensuring governance, accurate reporting and stewardship of public funds.

Qualifications

• Qualified CCAB accountant with strong experience in financial management, reporting and control.
• Experience budgeting, forecasting and financial planning.
• Strong understanding of governance, risk and audit requirements.
• Ability to provide clear advice to senior stakeholders.
• Excellent communication and analytical skills.

Responsibilities

• Lead financial accounting activities, including preparation of statutory accounts and disclosures.
• Manage month-end and year-end close processes with accurate records.
• Maintain robust financial controls, accounting policies and governance arrangements.
• Lead external audit activity and ensure compliance with standards and regulations.
• Provide technical accounting advice to senior leaders and Board members on reporting matters.
• Support accounting treatment and due diligence of major transactions and funding arrangements.

Skills

Financial management

Financial reporting

Financial control

Budgeting

Forecasting

Governance

Stakeholder comms

Education

CCAB or equivalent

Job description

OSDC

The Oxford Street Development Corporation (OSDC) has been established to deliver the transformation of one of the world's most iconic destinations. As a newly created Mayoral Development Corporation, OSDC is building its organisation from the ground up and is seeking an outstanding Financial Controller to play a key role in that journey. This is not a traditional Financial Controller role. As one of the early members of a newly established organisation, you will help design and implement financial systems, controls, governance frameworks and reporting processes from the ground up, creating the foundations for a high-performing public sector organisation.

The Role

Reporting to the Head of Finance, you will lead financial management and control across OSDC, ensuring strong governance, accurate reporting and effective stewardship of public funds.

Key responsibilities include:

• Leading financial accounting activities, including the preparation of statutory accounts and supporting disclosures.
• Managing the month-end and year-end close processes, ensuring the accuracy and integrity of financial records.
• Maintaining robust financial controls, accounting policies and governance arrangements.
• Leading external audit activity and ensuring compliance with relevant accounting standards and regulatory requirements.
• Providing technical accounting advice to senior leaders and Board members on financial reporting matters.
• Supporting the accounting treatment and financial due diligence of major transactions, projects and funding arrangements.

About You

You will be a qualified accountant (CCAB or equivalent) with strong experience in financial management, reporting and control.

You will bring:

• Excellent technical accounting and financial control expertise.
• Experience of budgeting, forecasting and financial planning.
• A strong understanding of governance, risk and audit requirements.
• The ability to provide clear advice to senior stakeholders.
• Excellent communication and analytical skills.

Experience within local government, regeneration, infrastructure or the wider public sector is highly desirable. Candidates should ideally have knowledge of local government finance, the CIPFA/LASAAC Code, public sector governance, government grant funding, capital accounting and treasury management. As OSDC is a start-up organisation, this is a highly hands‑on role. You will be comfortable operating in an environment where not everything is yet established. You will enjoy solving problems, creating new processes and balancing strategic thinking with hands‑on delivery. No task will be too big or too small.

Why Join OSDC?

Help build a new organisation from the ground up. Shape the finance function and governance framework. Influence strategic decisions from the outset. Work on one of London's most significant regeneration programmes. Play a visible role in delivering lasting public value.

Assessment process

Once you have submitted an application, your details will be reviewed by a panel. If shortlisted, you’ll be invited to an interview/assessment.

Equality, diversity and inclusion

London's diversity is its biggest asset, and we strive to ensure our workforce reflects London's diversity at all levels. We welcome applications from everyone regardless of age, gender, gender identity, gender expression, ethnicity, sexual orientation, faith or disability. We particularly encourage applications from Black, Asian and Minority ethnic candidates and disabled candidates who are currently underrepresented in our workforce. We are committed to being an inclusive employer and we are happy to consider flexible working arrangements. We would welcome applications from candidates who are seeking part time work as this role is open to job share. Please note we are a Disability Confident Employer so for candidates who wish to be considered under the scheme and meet the essential criteria, they will automatically be invited to interview. Please note, should you require any adjustments through the process, we will accommodate as much as possible. Please contact the recruitment team for further information if required.

Benefits

• OSDC staff are hybrid working up to 3 days a week in our offices and remotely depending on their role.
• As part of this, you will need to split your time between home working and coming into the office.
• In addition to a good salary package, you will be paid every four weeks, providing frequent salary payments.
• 30 days’ annual leave
• interest free season ticket loan
• interest free bicycle loan
• career average pension scheme

Please note, all candidates will need to confirm that the information provided in this application form is true and correct. Should a candidate deliberately give false information, including the use of AI software, they understand that this would disqualify them from consideration.

Successful candidates must undergo a criminal record (DBS) check but some roles may require additional security screening.

Please note all applications for this vacancy must be submitted via our online recruitment system. We do not accept CVs alone for this role.

Please upload a personal statement with a maximum of 1500 words to the ‘Additional Documents’ section of the form, ensuring you address the following technical requirements and competencies in your personal statement. Word or PDF format preferred and do not include any photographs or images.