At a Glance
- Tasks: Lead the accounting function and support financial management for a dynamic finance team.
- Company: Join a growing financial services group in Cardiff with a collaborative culture.
- Benefits: Competitive salary and opportunities for professional growth and development.
- Why this job: Make a real impact by managing financial systems and driving business growth.
- Qualifications: ACA/ACCA/CIMA qualified with strong technical accounting knowledge.
- Other info: Be part of a high-growth environment with excellent career advancement opportunities.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking an experienced Financial Controller, ideally with financial services experience, to lead the Group’s accounting function within our Finance Department. Reporting to the Finance Director, you will manage the Group’s accounting function, facilitating efficient and effective financial support for the management team, budget holders, and project managers. This position will also represent the Finance function in business change programs, including the introduction of new systems, funds, or products. The DBW Group has over 40 auditable entities. You will have line management responsibility for up to 5 team members and oversee the wider Finance Reporting team of up to 15 colleagues.
Key Responsibilities:
- Maintain all financial systems and control procedures, identifying and implementing improvements to support business growth.
- Ensure accurate preparation of monthly management accounts in line with agreed formats and timetables.
- Monitor changes in legislation and regulations, implementing necessary adjustments (e.g., IFRS, FRS 102).
- Prepare statutory accounts in accordance with accounting standards and best practice.
- Manage the external audit process and ensure timely approval of statutory group financial statements and subsidiary accounts.
- Take responsibility for Key Audit Matters, including Expected Credit Losses for our debt portfolio and fair value assessments for our equity and shared equity loan portfolios.
- Prepare accurate and timely budget forecasts and reporting for Welsh Government.
- Collaborate with strategy and investment teams to address accounting and budgetary challenges for new funds and products.
- Oversee tax compliance (Corporation Tax, VAT, PSA returns) and liaise with external experts as needed.
- Manage payroll function and ensure compliance with regulatory changes.
- Provide guidance to management on financial systems and procedures.
- Attend and present at Audit & Risk Committee meetings.
- Coordinate banking relationships and oversee treasury activities.
- Act as a bank signatory and ensure timely reconciliation of key control accounts.
- Prepare ad hoc reports and support new fund set-up.
Essential Skills & Experience:
- ACA / ACCA / CIMA qualified.
- Strong technical accounting knowledge, including IFRS, FRS 101, and FRS 102.
- Experience managing a busy finance department in a high-growth environment.
- Proven ability to prepare accounts for complex group structures.
- Excellent communication skills (verbal and written).
- IT literate, proficient in Microsoft Office.
- Experience in staff training and development.
- Ability to work independently and collaboratively.
Financial Controller in Cardiff employer: Bank of Wales
Contact Detail:
Bank of Wales Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller in Cardiff
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who might know about opportunities at companies you're interested in. A friendly chat can sometimes lead to a job offer before it's even advertised!
✨Tip Number 2
Prepare for interviews by researching the company and its financial practices. Be ready to discuss how your experience aligns with their needs, especially around managing complex group structures and compliance with regulations. Show them you’re the perfect fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you on their radar and shows your enthusiasm.
✨Tip Number 4
Apply through our website for the best chance at landing that Financial Controller role! We love seeing applications directly from candidates who are keen on joining our team. Plus, it makes it easier for us to spot your application!
We think you need these skills to ace Financial Controller in Cardiff
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Controller role. Highlight your experience in financial services and any relevant qualifications like ACA, ACCA, or CIMA. We want to see how your skills match what we're looking for!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've improved financial systems or managed audits. This helps us see the impact you've made in previous roles.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're passionate about this role and how you can contribute to our team. Keep it concise but engaging – we love a good story!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Bank of Wales
✨Know Your Numbers
As a Financial Controller, you'll need to demonstrate your strong technical accounting knowledge. Brush up on IFRS, FRS 101, and FRS 102 before the interview. Be ready to discuss how you've applied these standards in previous roles, especially in managing complex group structures.
✨Showcase Leadership Skills
Since you'll be managing a team, it's crucial to highlight your experience in staff training and development. Prepare examples of how you've successfully led a finance department, particularly in high-growth environments. This will show that you can handle the responsibilities of overseeing a team effectively.
✨Be Ready for Change
The role involves representing the Finance function in business change programmes. Think about times when you've implemented new systems or processes. Be prepared to discuss how you managed these changes and the impact they had on the organisation.
✨Communicate Clearly
Excellent communication skills are essential for this position. Practice articulating your thoughts clearly and concisely, especially when discussing complex financial concepts. You might even want to prepare a few questions to ask during the interview to demonstrate your engagement and interest in the role.