Finance Consolidation Manager
Finance Consolidation Manager

Finance Consolidation Manager

Edinburgh Full-Time 56800 - 71000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead the production of consolidated financial results and manage a team of finance specialists.
  • Company: Join Virgin Money, a pioneering mutual bank dedicated to fairer banking for all.
  • Benefits: Enjoy 38.5 days annual leave, flexible benefits, and market-leading pension from day one.
  • Why this job: Be part of a collaborative team making a positive impact on society through finance.
  • Qualifications: Must be a qualified Chartered Accountant with experience in consolidation and financial analysis.
  • Other info: Hybrid working with occasional travel to Glasgow; inclusive culture celebrating diversity.

The predicted salary is between 56800 - 71000 £ per year.

Business Unit: Group Finance Salary Range: £56,800 – £71,000 per annum DOE + red-hot benefitsLocation: UK Hybrid – occasional travel to Glasgow hubContract Type: Permanent Our Team We have a fantastic opportunity within the Consolidation & Control team, which sits within our Financial Control function and is responsible for the production of the Virgin Money UK Group’s consolidated financial reporting and reporting to our parent, Nationwide. Our team makes sure that the financial month end process runs smoothly and is crucial in delivering accurate and reliable financial results to key internal and external stakeholders. If numbers and control are your thing, and you share our passion to make banking better, then this could be the role for you. We\’re looking for genuine self-managing professionals here – people who understand what might be possible. What you’ll be doing Leading on the production of consolidated financial results for the VMUK Group each month, feeding into the Nationwide month end process as well as the External Reporting process at quarter ends Responsible for the financial consolidation activity within the VMUK Group and correct eliminations Managing a team of finance specialists Leading on ad hoc technical accounting processes and queries Responsible for completion of interim and full year primary statements and preparation of notes Collaborating with a range of stakeholders across the financial landscape to drive continuous process improvements We need you to have Qualified Chartered Accountant (ICAS or equivalent professional accounting qualification) Proven experience in a consolidation role within Banking or Financial Services is preferable or a large corporation. Experience in statutory reporting Significant experience in financial analysis and interpretation of financial results, metrics and trends. Working with big numbers and high volumes of data. Experience of managing a team Advanced Excel skills Demonstrable verbal and written communication skills Proven track record of effective stakeholder management and influencing capability Initiative and drive for consistently achieving goals and delivering on expectations A natural curiosity and drive to know more. Also be hardworking, with a real eye for detail. It’s a bonus if you have but not essential Understanding of existing Finance processes High level knowledge of the VMUK PLC organisation to develop and build value from key stakeholder relationships Good working knowledge of the Bank’s financial systems including FCCS, Oracle and Microsoft packages Red Hot Rewards Generous holidays – 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more. Up to five extra paid well-being days per year . 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt. Market-leading pension. Free private medical cover, income protection and life assurance. Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness. And there\’s no waiting around, you\’ll enjoy these benefits from day one. If we’re lucky to receive a lot of interest, we may close the advert early. Please ensure to submit your applications as soon as possible. Say hello to Virgin Money Virgin Money is so much more than just a bank. As part of the Nationwide group, together we\’re the UK\’s first full-service mutual bank serving millions of retail and business customers and all driven by our purpose; Banking but fairer, more rewarding and for the good of society. With us, you’ll be part of an organisation uniquely positioned to make a difference to the lives of customers, communities and broader society and embark on a collaborative, customer obsessed, and fun-filled career journey. Embrace the weekdays, enjoy fantastic perks, and make a meaningful positive difference. Time to discover what it means to be part of the first mutual full-service banking provider. Be yourself at Virgin Money At Virgin Money, we celebrate everyone. We have fun, think big, and relentlessly include each other, all in pursuit of our purpose: Banking – but fairer, more rewarding, and for the good of society. We’re committed to creating an inclusive culture where colleagues feel safe and inspired to contribute, speak up and be heard. As a Disability Confident Leader, we\’re committed to removing any obstacles to inclusion. If you need any reasonable adjustments or support making your application, contact our Talent Acquisition team careers@virginmoney.com Please note: If we receive a high volume of eligible applications, we may need to prioritise candidates whose skills and experience most closely align with the role, while still ensuring fair and equitable consideration for all applicants. Now the legal bit Although some of our roles allow you to be based anywhere in the UK, we\’ll need you to confirm you have the right to work in the UK. If you\’re successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years\’ worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks – we\’ll ask for six years of regulatory references, and once in the role, you\’ll be subject to periodic employment checks.

Finance Consolidation Manager employer: jobwache

At Virgin Money, we pride ourselves on being an exceptional employer, offering a vibrant work culture that champions inclusivity and collaboration. With generous benefits such as 38.5 days of annual leave, flexible working arrangements, and a commitment to employee growth, we empower our team members to thrive both personally and professionally. Join us in Glasgow, where you can make a meaningful impact in the financial sector while enjoying a supportive environment that values your contributions.
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Contact Detail:

jobwache Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Consolidation Manager

✨Tip Number 1

Familiarise yourself with Virgin Money's values and mission. Understanding their commitment to making banking fairer and more rewarding will help you align your responses during interviews, showcasing how your personal values resonate with theirs.

✨Tip Number 2

Network with current or former employees of Virgin Money, especially those in finance roles. They can provide insights into the company culture and expectations, which can be invaluable when preparing for interviews.

✨Tip Number 3

Brush up on your technical accounting knowledge, particularly around financial consolidation and statutory reporting. Being able to discuss specific examples from your experience will demonstrate your expertise and confidence in the role.

✨Tip Number 4

Prepare to discuss your experience with stakeholder management. Think of examples where you've successfully influenced decisions or improved processes, as this is crucial for the role and will highlight your leadership capabilities.

We think you need these skills to ace Finance Consolidation Manager

Qualified Chartered Accountant (ICAS or equivalent)
Proven experience in a consolidation role within Banking or Financial Services
Experience in statutory reporting
Significant experience in financial analysis and interpretation of financial results
Advanced Excel skills
Demonstrable verbal and written communication skills
Proven track record of effective stakeholder management
Ability to manage a team of finance specialists
Initiative and drive for achieving goals
Attention to detail
Natural curiosity and drive to know more
Experience with high volumes of data

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in financial consolidation and statutory reporting, as well as your qualifications as a Chartered Accountant. Use specific examples that demonstrate your ability to manage teams and handle large volumes of data.

Craft a Compelling Cover Letter: In your cover letter, express your passion for making banking better and how your skills align with the role. Mention your experience in financial analysis and stakeholder management, and explain why you are excited about the opportunity at Virgin Money.

Highlight Relevant Skills: Emphasise your advanced Excel skills and any experience with financial systems like FCCS or Oracle. Make sure to mention your strong communication skills and your initiative in achieving goals, as these are key attributes for the role.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Finance Consolidation Manager.

How to prepare for a job interview at jobwache

✨Showcase Your Technical Skills

As a Finance Consolidation Manager, you'll need to demonstrate your advanced Excel skills and understanding of financial consolidation processes. Be prepared to discuss specific examples of how you've used these skills in previous roles, especially in managing large volumes of data.

✨Prepare for Stakeholder Management Questions

Given the importance of collaboration in this role, think about your past experiences with stakeholder management. Prepare to share examples of how you've influenced key stakeholders and driven process improvements in your previous positions.

✨Highlight Your Leadership Experience

Since this position involves managing a team of finance specialists, be ready to talk about your leadership style and experiences. Discuss how you've motivated your team, handled challenges, and achieved goals together.

✨Demonstrate Your Curiosity and Initiative

The job description mentions a 'natural curiosity and drive to know more.' Be prepared to discuss how you stay updated on industry trends and your proactive approach to learning and improving processes within finance.

Finance Consolidation Manager
jobwache
J
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