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- Tasks: Lead financial management and strategic analysis for a dynamic FP&A team.
- Company: Join a leading bank in the heart of London, shaping financial decisions.
- Benefits: Enjoy 30 days annual leave, flexible working, and a generous pension contribution.
- Why this job: Be part of a high-performing team that values excellence and innovation.
- Qualifications: CCAB qualified with experience in Finance Business Partnering at executive level.
- Other info: Hybrid working model with opportunities for professional 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
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 have an opportunity for a strategic, results-driven Financial Management Director to join our Financial Planning & Analysis (FP&A) team. Reporting into the Senior Director of FP&A, this critical leadership role will shape financial planning, management reporting and business partnering across the Bank. You will lead the finance business partnering function and provide timely, strategic, value adding analysis to enable finance data to underpin and establish a culture of strong evidenced based decision making.
In this position, you will:
- Lead the financial management branch of FP&A, providing robust in-year budget oversight and control
- Oversee a dedicated Finance Business Partnering function that supports each ExCo member to ensure financial decisions align with strategic goals and deliver value for money
- Develop insightful reporting and forecasting to support the Executive Committee and Board
- Ensure efficient and accurate delivery of monthly management accounts and internal CFO reports
- Provide strategic financial appraisal and business case analysis for operational and investment initiatives
You will also support risk mitigation through proactive analysis and forward-looking financial insight and provide guidance to budget holders in identifying efficiencies, benchmarking with functions across Government ALBs to demonstrate value for money. With responsibility for leading a high-performing team of ten finance professionals, you will foster a culture of excellence and continuous improvement.
Experience:
You must have proven experience in Finance Business Partnering at an Executive and Board level, with demonstrable strategic thinking, and the ability to translate complex data into decision-ready insight. You will be fully CCAB qualified, with a strong track record in Management Accounting, including budgeting and in-year control.
You will also be able to demonstrate excellent stakeholder engagement and influencing skills, and be an effective communicator with a variety of stakeholders. Knowledge of Government finance frameworks such as MPM and CBG and experience in workforce planning and counter-fraud risk assessment would be highly desirable, along with active CPD and up-to-date understanding of accounting standards.
Financial Management 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 Financial Management Director in City of London
✨Tip Number 1
Network with professionals in the finance sector, especially those who have experience in Government finance frameworks. Attend industry events or webinars to connect with potential colleagues and learn more about the specific challenges and opportunities in this role.
✨Tip Number 2
Familiarise yourself with the latest trends in financial management and analysis, particularly in the context of public sector finance. This knowledge will not only help you during interviews but also demonstrate your commitment to staying current in your field.
✨Tip Number 3
Prepare to discuss your previous experiences in Finance Business Partnering at an Executive level. Be ready to provide examples of how you've influenced strategic decisions and added value through financial insights.
✨Tip Number 4
Research StudySmarter's values and culture to align your approach during the interview process. Understanding our mission and how you can contribute will help you stand out as a candidate who is genuinely interested in joining our team.
We think you need these skills to ace Financial Management Director in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Finance Business Partnering, particularly at an Executive and Board level. Use specific examples that demonstrate your strategic thinking and ability to translate complex data into actionable insights.
Craft a Compelling Cover Letter: In your cover letter, address the key responsibilities of the Financial Management Director role. Explain how your background aligns with their needs, particularly your experience in management accounting and stakeholder engagement.
Highlight Relevant Qualifications: Clearly state your CCAB qualification and any additional certifications or training relevant to financial management. Mention your knowledge of Government finance frameworks and any active CPD you are undertaking.
Showcase Leadership Skills: Since this role involves leading a team, emphasise your leadership experience. Provide examples of how you've fostered a culture of excellence and continuous improvement within your previous teams.
How to prepare for a job interview at British Business Bank
✨Understand the Role Thoroughly
Before the interview, make sure you have a deep understanding of the Financial Management Director role. Familiarise yourself with the responsibilities outlined in the job description, especially around financial planning, management reporting, and business partnering.
✨Prepare for Strategic Questions
Expect questions that assess your strategic thinking and ability to translate complex data into actionable insights. Prepare examples from your past experience where you've successfully influenced financial decisions at an executive level.
✨Showcase Stakeholder Engagement Skills
Be ready to discuss how you've engaged with various stakeholders in previous roles. Highlight your communication skills and provide specific examples of how you've influenced decision-making processes.
✨Demonstrate Knowledge of Government Finance Frameworks
Since knowledge of Government finance frameworks is desirable, brush up on MPM and CBG. Be prepared to discuss how these frameworks impact financial management and decision-making in your previous roles.
