At a Glance
- Tasks: Lead financial reporting and ensure compliance in a fast-growing bank.
- Company: Join one of the UK's fastest growing and award-winning banks.
- Benefits: Enjoy competitive salary, generous holiday, and private medical cover.
- Other info: Work in Mayfair, London with a supportive and inclusive culture.
- Why this job: Make a real impact in a dynamic environment with career progression.
- Qualifications: Qualified Accountant with experience in banking or regulated financial services.
The predicted salary is between 80000 - 100000 € per year.
Join one of the UK’s fastest growing and award-winning banks. We are a team of ambitious, passionate, hardworking, and committed people who have successfully created and launched one of the UK’s newest specialist property finance banks. As we embark on an exciting journey of growth, we are seeking exceptional new team members who possess both the ambition and drive to contribute to our vision. At GB Bank, we believe that career progression should not only be achievable but accelerated, enabling our employees to reach their potential in a supportive and dynamic atmosphere. Our environment is fast-paced and collaborative, where your efforts are recognised, rewarded, and make a tangible impact. We take pride in fostering an open and inclusive culture that not only embraces change but also encourages continuous learning and professional development.
The Group Financial Controller (GFC) is responsible for the integrity, accuracy and control of the Bank’s financial and regulatory reporting framework. This is a senior leadership role within Finance, accountable for:
- Statutory financial reporting (IFRS / UK GAAP)
- Management accounting and performance reporting
- Regulatory reporting (COREP, FINREP, PRA returns)
- Treasury operations
- Finance operations (ledger, payments, reconciliations, controls)
The GFC ensures the Bank maintains a strong control environment while supporting growth, capital efficiency and regulatory compliance. The role is central to Board, Audit Committee and PRA engagement.
Key areas of responsibility:
- Lead preparation of Group and subsidiary statutory accounts
- Own accounting policy framework and technical position papers
- Manage external audit process and year-end timetable
- Ensure appropriate treatment of:
- EIR and fee income
- Hedge accounting
- Securitisation and structured transactions
- Maintain robust financial controls and documentation
- Accountable for clean audit opinions and high-quality disclosures
Management Accounting & Performance Reporting
- Lead monthly management accounts production
- Develop Board and ExCo performance packs
- Provide insight into:
- Cost of funds
- Product profitability
- RWA density and capital usage
- Partner with business heads to enhance commercial understanding of financial performance and product initiatives
Tax Compliance
- Oversee corporate tax compliance framework, including:
- Quarterly instalment payments
- Deferred tax calculations
- VAT returns
- Ensure accurate tax provisioning in statutory and management accounts
- Deliver tax automation and process improvements
- Support in the submission of CRS/FATCA and BBSI returns
Regulatory Reporting & Capital Returns
- Oversee delivery of PRA and Bank of England reporting including:
- COREP
- FINREP
- Large Exposures
- Liquidity returns (LCR / NSFR)
- Ensure alignment and reconciliation between regulatory reporting and statutory numbers
- Maintain RWA calculation oversight under UK CRR
- Coordinate responses to PRA queries and reviews
Treasury and Finance Operations – Control Environment
- Oversee core finance and treasury operations:
- Payments and settlement controls for both treasury and the wider business
- Reconciliations and substantiation
- Design and maintain robust control frameworks
- Ensure compliance with SMCR accountability
- Support Internal Audit and regulatory reviews
Leadership & Team Development
- Build and lead a high-performing Financial Control function
- Develop capability across regulatory reporting and treasury finance
- Drive continuous improvement and automation
- Promote strong risk and control culture
Key Skills & Experience
- Qualified Accountant (ACA/ACCA or equivalent preferred)
- Significant post-qualification experience in banking or regulated financial services focussed in challenger bank or growth bank
- Strong knowledge of:
- IFRS (particularly IFRS 9)
- UK CRR capital framework
- PRA regulatory reporting
- Experience managing external audit
- Experience leading teams
- Experience interacting with auditors and regulators
- Exposure to securitisation / structured funding
- Experience with regulatory reporting platforms
- Experience overseeing treasury accounting
- Strong technical accounting capability
- Deep understanding of capital and liquidity frameworks
- Structured and detail-oriented with strong control mindset
- Able to operate at Board and regulator level
- Commercially aware and strategically aligned
- Calm under pressure with delivery focus
Professional Qualifications (if appropriate)
- Qualified Accountant (ACA / ACCA or equivalent)
What we can offer you:
- 8% company pension contribution and 3% individual contribution (which you can opt to increase)
- 25 days holiday every year plus bank holidays on top
- Private medical cover with BUPA - includes no excess + you can add family through salary sacrifice
- Death in service at 4 x base salary with Aviva
- Mental health support - through a helpline and counselling sessions
- Enhanced maternity, paternity and adoption leave
What else do I need to know?
- Location: Mayfair, London (4+ days in the office)
We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates, regardless of their age, sex, race, disability, sexual orientation, gender reassignment, religion or belief, marital/civil partnership status, or pregnancy and maternity.
Group Financial Controller (GFC) employer: GB Bank
At GB Bank, we pride ourselves on being one of the UK’s fastest growing and award-winning banks, offering a dynamic and collaborative work environment where your contributions are valued and recognised. With a strong focus on career progression, we provide our employees with ample opportunities for professional development and growth, all while enjoying competitive benefits such as an 8% pension contribution, private medical cover, and generous leave policies. Located in the vibrant area of Mayfair, London, our inclusive culture fosters innovation and encourages continuous learning, making us an exceptional employer for those looking to make a meaningful impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Controller (GFC)
✨Tip Number 1
Network like a pro! Reach out to current employees at GB Bank on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research the bank's recent achievements and challenges. This shows you're genuinely interested and ready to contribute to their growth.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've built high-performing teams or improved processes in your previous roles. They want someone who can drive continuous improvement.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re keen on being part of our dynamic team at GB Bank.
We think you need these skills to ace Group Financial Controller (GFC)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the Group Financial Controller role. Highlight your qualifications, especially in IFRS and regulatory reporting, to show us you’re the right fit for our ambitious team.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about joining GB Bank and how your background aligns with our vision. Be specific about your achievements in financial control and leadership.
Showcase Your Technical Skills:We’re looking for someone with strong technical accounting capabilities. Make sure to mention your experience with UK CRR capital frameworks and any relevant software or platforms you’ve used in regulatory reporting.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity at GB Bank.
How to prepare for a job interview at GB Bank
✨Know Your Numbers
As a Group Financial Controller, you'll need to demonstrate your expertise in financial reporting and regulatory compliance. Brush up on IFRS, UK GAAP, and the capital frameworks relevant to the role. Be ready to discuss specific examples from your past experience that showcase your technical accounting skills.
✨Showcase Leadership Skills
This role requires strong leadership capabilities. Prepare to talk about your experience in managing teams and driving continuous improvement. Think of instances where you've built high-performing teams or enhanced operational efficiency, as these will resonate well with the interviewers.
✨Understand the Business
Familiarise yourself with the bank's mission and values. Understand their growth strategy and how the finance function supports it. Be prepared to discuss how you can contribute to their vision and enhance commercial understanding of financial performance within the organisation.
✨Prepare for Regulatory Questions
Given the focus on regulatory reporting, expect questions about your experience with PRA and Bank of England reporting. Be ready to explain how you've managed external audits and interacted with regulators in the past. This will show your capability to maintain compliance and uphold a strong control environment.
