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 in a high-growth environment.
- 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: Opportunity to lead a team and develop your skills in a fast-paced setting.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking an experienced Financial Controller, ideally with financial services experience, to lead the Groups accounting function within our Finance Department. Reporting to the Finance Director, you will manage the Groups 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.
- 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: Development Bank of Wales
Contact Detail:
Development 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 sector, attend industry events, and don’t be shy about letting people know you’re on the hunt for a Financial Controller role. You never know who might have the inside scoop on an opportunity!
✨Tip Number 2
Prepare for interviews by brushing up on your technical accounting knowledge. Be ready to discuss IFRS, FRS 101, and FRS 102 in detail. We want you to showcase your expertise and how it can benefit the team at DBW Group.
✨Tip Number 3
Practice your communication skills! As a Financial Controller, you’ll need to present complex financial information clearly. Grab a friend or family member and explain some key concepts to them – it’s a great way to build confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
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: When writing your application, don’t just list your responsibilities. Instead, showcase your achievements! Use specific examples of how you've improved financial systems or managed audits effectively. This helps us see the impact you've made in previous roles.
Be Clear and Concise: Keep your written application clear and concise. Avoid jargon unless it’s relevant to the role. We appreciate straightforward communication, so make it easy for us to understand your experience and skills.
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’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Development 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 Your Leadership Skills
Since this role involves managing a team, be prepared to share examples of how you've successfully led a finance department. Talk about your experience in staff training and development, and how you foster collaboration within your team to achieve financial goals.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially regarding budget forecasts and compliance with regulations. Think of specific scenarios where you've had to implement changes due to new legislation or manage audits, and explain your approach and outcomes.
✨Communicate Clearly
Excellent communication is key in this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex financial concepts. Remember, you'll need to present at Audit & Risk Committee meetings, so being able to convey information effectively is crucial.