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For Companies At a Glance
- Tasks: Lead financial strategy and manage key government relationships in a dynamic environment.
- Company: Join a leading bank shaping financial policies and strategies in the heart of London.
- Benefits: Enjoy 30 days annual leave, flexible working, and a generous pension contribution.
- Why this job: Make a real impact on financial decisions while enjoying a supportive and innovative culture.
- Qualifications: Must have CCAB qualification and experience with government financial frameworks.
- Other info: Hybrid working model with opportunities for professional growth and development.
The predicted salary is between 43200 - 72000 £ per year.
Location: London
Contract: Permanent
Hours: Full time 37.5 hours per week, hybrid working with 2 days per week in the office
Salary: Band E/ Competitive. Please note same in band movement will not attract a salary increase.
Key Benefits:
- 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
- 15% employer pension contribution
- Flexible working
- Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
- Paid voluntary days, maternity, paternity, adoption, and shared parental leave
- Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology
The Role:
We are looking for an accomplished and influential finance leader to join our Financial Planning & Analysis (FP&A) team as Strategic Finance Director. This pivotal role will shape the Bank's financial strategy and lead key engagements with HM Government and the financial relationships with the Department of Business and Trade and HM Treasury.
Reporting to the Senior Director, Financial Planning & Analysis, the Strategic Finance Director will lead the function responsible for the Bank's business planning, external reporting to government, and long-term financial frameworks. You will manage financial relationships with the Department for Business and Trade (DBT) and HM Treasury (HMT) and take the lead on spending reviews, estimates submissions, and financial response to ministerial decisions, analysing information to understand the financial implications for the Bank.
You will also have responsibility for developing and delivering the annual business planning process and the Bank's Medium-Term Financial Plan (MTFP), providing financial insights that inform and influence Board and Executive Committee decisions.
Experience:
You must have significant experience of managing senior external stakeholder relationships with government departments such as DBT and HMT, and the proven ability to influence decision-making through strategic financial insight. With full CCAB qualification, or equivalent, you will have extensive experience delivering executive-level financial planning and reporting. You will also be able to demonstrate excellent knowledge of Government reporting frameworks such as Managing Public Money (MPM) and Consolidated Budgeting Guidance (CBG) and the ability to analyse, plan and manage multiple priorities in a fast-paced, policy-driven environment. Financial modelling experience and strategic project management expertise would be highly desirable.
Strategic Finance Director in City of London employer: British Business Bank
Contact Detail:
British Business Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Strategic Finance Director in City of London
✨Tip Number 1
Network with professionals in the finance sector, especially those who have experience working with government departments like DBT and HMT. Attend industry events or webinars to connect with potential colleagues and learn more about the current trends in strategic finance.
✨Tip Number 2
Familiarise yourself with the specific financial frameworks mentioned in the job description, such as Managing Public Money (MPM) and Consolidated Budgeting Guidance (CBG). This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role's requirements.
✨Tip Number 3
Prepare to discuss your previous experiences managing senior external stakeholder relationships. Think of specific examples where you influenced decision-making through your financial insights, as this will be crucial in showcasing your suitability for the role.
✨Tip Number 4
Stay updated on current financial policies and government initiatives that may impact the banking sector. Being knowledgeable about these topics will allow you to engage in meaningful discussions during interviews and show that you are proactive in your approach.
We think you need these skills to ace Strategic Finance Director in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial planning and analysis, particularly with government departments. Use specific examples that demonstrate your ability to manage senior stakeholder relationships and influence decision-making.
Craft a Compelling Cover Letter: In your cover letter, address the key responsibilities of the Strategic Finance Director role. Emphasise your CCAB qualification and your experience with Government reporting frameworks. Show how your skills align with the company's needs.
Highlight Relevant Achievements: When detailing your work history, focus on achievements that showcase your strategic financial insight and project management expertise. Quantify your successes where possible to provide concrete evidence of your capabilities.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance leadership role.
How to prepare for a job interview at British Business Bank
✨Understand the Role and Responsibilities
Make sure you thoroughly understand the job description and the key responsibilities of the Strategic Finance Director. Familiarise yourself with financial strategies, government reporting frameworks, and stakeholder management to demonstrate your knowledge during the interview.
✨Prepare for Stakeholder Engagement Questions
Given the importance of managing senior external stakeholder relationships, be ready to discuss your past experiences in this area. Prepare specific examples that showcase your ability to influence decision-making and navigate complex financial discussions with government departments.
✨Showcase Your Financial Acumen
Highlight your CCAB qualification and any relevant experience in financial planning and reporting. Be prepared to discuss your understanding of financial modelling and strategic project management, as these skills are highly desirable for the role.
✨Demonstrate Adaptability in a Fast-Paced Environment
The role requires managing multiple priorities in a policy-driven environment. Share examples from your previous roles where you successfully adapted to changing circumstances or managed competing demands, showcasing your ability to thrive under pressure.
