At a Glance
- Tasks: Support financial management and strategic planning for a leading bank.
- Company: Join Afin Bank Limited, a dynamic player in the finance sector.
- Benefits: Enjoy 26 days annual leave, private medical insurance, and a generous pension scheme.
- Other info: Collaborative environment with opportunities for personal and professional development.
- Why this job: Make a real impact on financial strategies while growing your career in banking.
- Qualifications: Experience in financial services and a professional accountancy qualification preferred.
The predicted salary is between 56700 - 69300 £ per year.
The Finance Manager will play a key role supporting the Head of FP&A (HoFP&A) and Deputy Chief of Finance (DCFO) in delivering the bank's financial management and strategic planning. This will include supporting the achievement of Afin Bank Limited’s (ABL) ambitious growth plans. This role will involve a wide range of activities within the finance area as well as opportunities to collaborate with the wider bank.
Responsibilities:
- Assist with the financial control and reporting with a key focus on balance sheet management and achieving the financial targets set in the corporate plan, budget and forecasts.
- Manage the preparation of accurate and timely financial reports, including income statements, balance sheets, and cash flow statements in accordance with IFRS.
- Support the preparation of statutory accounts and provide relevant support and commentary for the external auditors.
- Maintain the general ledger, financial accounts and management accounts, including backup, supporting schedules and reconciliations and journal posting for month-end and year-end accounts.
- Ensure the accurate and timely processing of financial transactions and reporting.
- Assist with the development, implementation and maintenance of all the bank's accounting policies in accordance with IFRS.
- Prepare, review, maintenance and update of finance documentation, including Finance processes, procedures and policies.
- Manage the Accounts Payable process, including processing payments, invoices and expense claims.
- Reconcile and update the fixed asset register and intangible assets.
- Perform any ad-hoc tasks required by the finance or executive team.
- Support the HoFP&A and Deputy CFO with business requirements to enable the development, implementation and maintenance of the financial planning tools, AP and expense system, general ledger and other finance systems for the bank.
- Support the annual budgeting and forecasting process, ensuring budgets and forecasts are realistic, aligned with strategic objectives, and comply with UK financial regulations.
- Assist with the production of regular financial performance reporting and commentary to all areas of the bank including the executive team and the board of directors.
- Analyse financial data to identify trends, opportunities, and areas for improvement.
- Monitor and report on key performance indicators to help drive the performance of the bank.
- Continually reviewing and improving existing processes, controls and documentation.
- Working closely with Finance, Treasury, Risk and key stakeholders in the wider business to support all prudential aspects of capital and liquidity planning and reporting.
- Manage the day-to-day financial operations, including accounting and financial systems.
- Manage the bank reconciliation process including all lending and deposit entries.
- Maintain best practices in financial processes, systems and controls in a compliant manner.
- Improve, develop, and maintain financial operations to ensure the effective running of the function, ensuring procedures are put in place to execute the tasks effectively.
- Maintain and update finance documentation, including Finance processes, procedures and policies.
- Assist with the delivery of the Finance Risk and Controls Self-Assessment, including reporting and liaising with the Risk team.
- Maintain robust risk management to safeguard the bank's financial assets.
Requirements:
- Interest and demonstrable experience in Financial Services, preferably in a Bank or Building Society.
- A professional accountancy qualification or finalist (e.g. ACCA, ACA, CIMA).
- Experience in a relevant role within a finance department.
- Proven expertise in implementing and operating Financial Reporting tools.
- Ability to influence and align colleagues to make things happen and able to build trusting and collaborative relationships across the business.
- Excellent written and verbal communication skills and managing expectations.
- Excellent stakeholder management skills, with the confidence to challenge supportively and effectively where appropriate.
- Confidence to challenge existing ways of working and drive improvements.
- Analytical skills with the ability to interpret complex financial and operational data.
- Ability to show initiative, and possess a problem-solving attitude.
- Excellent time management skills with a proven ability to manage multiple projects and workstreams effectively.
Conditions:
- 6x life assurance.
- 26 days annual leave.
- BUPA private medical insurance.
- 15% pension (5% employee contribution and double matched as 10% employer contribution).
- Annual discretionary bonus eligibility.
- Access to a suite of competitive benefits under Health and Wellbeing.
- Colleague social events.
Finance manager in banking in London employer: Afin group
At Afin Bank, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored training programmes and clear career progression paths, ensuring that our team members thrive in their roles. Located in the heart of the UK, we provide a supportive environment where high net worth mortgage underwriters can excel while enjoying competitive benefits and a strong focus on work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Finance manager in banking in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Afin group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance manager in banking in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Afin group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Afin group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Afin group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Afin group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Afin group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Afin group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.