Head of Finance

As the most senior member of the Finance Team, reporting to the CFO, responsible for the provision of accurate financial and regulatory information to internal and external stakeholders and the management of the finance team.

To lead and be responsible for the accurate reporting of all financial and regulatory information on a monthly, quarterly and yearly basis, ensuring that information produced is accurate and in compliance with all regulatory and financial regulations.

To support and provide cover for the CFO in the delivery of all financial/regulatory tasks and objectives.

• To manage the production of high quality financial/regulatory and management information, income and expenditure, for a range of internal and external counterparties.
• To identify opportunities for information or quality improvements within the finance department, supporting the CFO to ensure every opportunity is taken to develop and enhance the provision of all financial and regulatory information.
• To ensure the provision of high-quality management accounts and providing the results to senior management in such a way that its use informs management decision making.
• To attend key meetings as and when required on all aspects of financial/regulatory/operational matters.
• To assist the CFO in aspects of budgeting/forecasting and to constantly assess opportunities for cost improvement.
• To arrange the provision of financial and regulatory information to the ALCO on a periodic basis, working with the risk team to ensure the integrity of all risk/financial data provided.
• To interpret all accounting guidance under UK GAAP/International standards and ensure all aspects/implications are assessed and fully embedded within all financial/regulatory reports and processes.
• To lead on all regulatory reporting projects pertaining to the implementation of new regulatory returns.
• To assist the CFO when required on financial reporting projects.
• To work with other departments as and when required in order to discharge all finance/regulatory reporting obligations.
• To ensure sound controls/procedures are in place and processes are compatible with all UK & IFRS financial accounting requirements.
• To provide high level support and oversight in relation to the internal accounting function, including the reconciliation of correspondent bank, suspense and other impersonal accounts, payment of invoices and the maintenance of the fixed asset register.
• To lead and work closely with management/external auditors in the preparation and finalisation of the Bank’s annual financial statements ensuring compliance with all financial standards.
• Oversight of all aspects of the Bank’s VAT affairs, including the final review of all quarterly returns, suitability of the Bank’s Partial Exemption Special Method and consideration of all VAT schemes, and further, liaising with tax advisors/HMRC where appropriate.
• Review of returns of tax deducted on interest paid to customers.
• Oversight of all aspects of the Bank’s corporation tax affairs, including ensuring the correct disclosure of amounts receivable/payable in the Bank’s internal management accounts and published financial statements, finalisation of the annual computations and the correct quarterly corporation tax payments, liaising with tax consultants where appropriate.
• Assist in the accurate and timely submission of any payroll taxes including P11D and PSA, working with HR.
• Overview and production of monthly management information reports with formal commentary and metrics.
• Responsibility for the accuracy and submission of all regulatory and tax reports (PRA, FCA, Bank of England, EBA, CRS, HMRC).
• Responsible for compiling and ensuring the integrity of all data submitted to The Housing Bank for Trade and Finance and Central Bank of Jordan pertaining to all financial/regulatory disclosures as requested, on a monthly, quarterly and yearly basis.
• Responsible for liaising with and supplying relevant financial information to the external auditors so that they can discharge their half yearly reporting responsibilities to the auditors of the Housing Bank For Trade and Finance, Jordan.
• Ensure compliance with laws and regulations relating to the Bank’s financial reporting and accounting function.
• To deputise for the CFO as appropriate, requiring a wide understanding of the main issues affecting the Bank.
• Acting as trustee to the Bank’s legacy trust-based pension scheme, dealing with all operational matters as and when they arise.

• Leading the finance team, and carrying out 1-2-1’s, annual performance and development reviews.
• Recruitment and selection of Finance staff.
• Development & training of staff in the wider Bank perspective.
• To identify gaps in the knowledge of Finance team members and to assist in putting in place training systems and processes to ensure the entire team can operate as an effective unit, providing the highest level of support to all stakeholders.
• Create a positive team and bank culture.

• To maintain the integrity of the Bank’s financial systems, procedures and reports.
• To maintain professional standards within the Finance team.
• To ensure financial policies and procedures are adhered to.
• Any other duties as may be required by the CFO or CEO.
• To undertake Continuing Professional Development (CPD) in line with the relevant institute requirements.

• Support JIB’s commitment to regulatory compliance by adhering to applicable laws, regulations, and internal policies; completing all mandatory compliance training in a timely manner; promptly reporting any actual or suspected breaches; and consistently demonstrating behaviour aligned with JIB’s compliance culture and Code of Conduct.
• Support JIB’s commitment to operational resilience, all employees must adhere to relevant policies, complete required training, participate in exercises, and assist in incident response to ensure continuity of critical business services.
• Adhere to all Bank policies and complete all training issued within the required deadlines.

• An accounting qualification, ACA, CIMA, ACCA or equivalent.
• Minimum 10 years’ experience in an accounting function, preferably within a banking/financial environment.
• Experience in preparation of management and statutory accounts.
• Experience in tax matters, including corporation tax and VAT.
• Experience in the submission of regulatory returns.