Head of Finance: Retail Cost Centre of Excellence

Head of Finance: Retail Cost Centre of Excellence

Full-Time 116535 - 137100 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead a dynamic finance team to drive cost management and reporting excellence.
  • Company: Join Lloyds Banking Group, a leader in diversity and inclusion.
  • Benefits: Enjoy a competitive salary, generous pension, and 30 days holiday.
  • Other info: Flexible working options and a commitment to personal development.
  • Why this job: Shape the future of finance while making a real impact in a supportive environment.
  • Qualifications: Must be a fully qualified accountant with leadership experience.

The predicted salary is between 116535 - 137100 £ per year.

Salary Range: £116,535 - £137,100

We support flexible working – click here for more information on flexible working options.

Flexible Working Options: Job Share

Location: Edinburgh, Leeds, Bristol or Halifax

Hours: Full-time

Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

An excellent opportunity has arisen for a Head of Finance to join the Group Cost Management team. This role is responsible for leading the Consumer cost centre of excellence team, managing a team of approximately 40 finance professionals across Yorkshire and Bristol to deliver month-end cost reporting and planning for the Consumer Division, drive automation of processes, and provide SME input into Cost Planning Transformation.

This role comes at a pivotal point in the ongoing transformation of the function, offering significant opportunity to shape the future direction of the team and influence the evolution of cost management across the wider Finance function.

What you'll be doing:

  • Setting the benchmark and leading the team on all month-end activities for Consumer Lending and Relationships.
  • Providing review, challenge, question and insight on all key outputs to ensure the highest standard and quality.
  • Maintaining a safely controlled cost and risk environment.
  • Reviewing, investigating and challenging material exceptions and providing supporting information.
  • Building and managing relationships with all key stakeholders, seeking feedback from customers and inspiring the team to deliver improvements.
  • Being accountable for the delivery of the forecast & planning process ensuring excellent communications with all stakeholders and exceptional execution of processes.
  • Contributing to the strategic direction of the Cost Centre of Excellence including playing a leadership role in the Cost Transformation Programme.
  • Providing active engagement with the Finance business partners to ensure an excellent flow of communication and standards of inputs/outputs.
  • Embedding the Lloyds Banking Group culture and vision through visible leadership, being a role model for the Group’s leadership behaviours.
  • Building a robust team, ensuring colleagues are developed effectively, utilising the groups Your Best principles.

What we’re looking for:

  • Scale leader who can motivate and drive delivery across a multi-site team, with a track record of developing high performing teams.
  • Experience of leading large scale planning and reporting processes.
  • Track record of developing a culture of process improvements, identifying opportunities for automation and simplification.
  • Depth of relevant financial experience, to understand and apply relevant financial principles and controls, ensuring strong financial control is applied.
  • A proven people leader with experience operating in or leading within a Centre of Excellence model, able to motivate and drive delivery across a large, multi-site team.
  • Fully qualified accountant (e.g. ACA, ACCA, CIMA or equivalent) with significant post-qualification experience.

About working for us:

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities. We’re committed to creating an environment in which everyone can thrive, learn and develop. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.

We also offer a wide-ranging benefits package, which includes:

  • A generous pension contribution of up to 15%
  • An annual performance-related bonus
  • Share schemes including free shares
  • Benefits you can adapt to your lifestyle, such as discounted shopping
  • 30 days’ holiday, with bank holidays on top
  • A range of wellbeing initiatives and generous parental leave policies

Ready to start growing with purpose? Apply today!

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve.

Head of Finance: Retail Cost Centre of Excellence employer: Lloyds Bank

Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in Edinburgh, Leeds, Bristol, or Halifax, where flexibility and inclusivity are at the forefront of our culture. With a strong commitment to employee development, generous benefits including a substantial pension contribution, and a focus on diversity, equity, and inclusion, we empower our colleagues to thrive and make a meaningful impact in the financial services sector. Join us to shape the future while enjoying a supportive and rewarding workplace.

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Contact Details:

Lloyds Bank Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Head of Finance: Retail Cost Centre of Excellence

Tip Number 1

Network like a pro! Reach out to your connections on LinkedIn or attend industry events. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how you can contribute to their goals. This will help you stand out as a candidate who truly gets them.

Tip Number 3

Practice your interview skills with a friend or mentor. Get comfortable answering common questions and discussing your experience. The more you practice, the more confident you'll feel when it counts.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Head of Finance: Retail Cost Centre of Excellence

Leadership
Financial Reporting
Cost Management
Stakeholder Management
Process Improvement
Automation
Financial Control

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Head of Finance role. Highlight your experience in leading finance teams and any relevant achievements that align with the job description. We want to see how you can bring value to our team!

Showcase Your Leadership Skills:Since this role involves managing a large team, it's crucial to demonstrate your leadership style. Share examples of how you've motivated teams and driven performance improvements in previous roles. We love seeing candidates who can inspire others!

Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use bullet points where possible to make your key achievements stand out. We appreciate clarity and want to quickly understand what makes you the right fit for us.

Apply Through Our Website:Don't forget to submit your application through our official website! This ensures that your application is processed correctly and gives you the best chance of being considered. We can't wait to see what you bring to the table!

How to prepare for a job interview at Lloyds Bank

Know Your Numbers

As a Head of Finance, you’ll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. Prepare examples of how you've led month-end activities and improved reporting processes.

Showcase Leadership Skills

This role requires strong leadership capabilities. Think about times when you've motivated a team or driven delivery across multiple sites. Be prepared to share specific examples that highlight your ability to build high-performing teams and foster a culture of improvement.

Understand the Company Culture

Familiarise yourself with the company’s values and culture, especially their commitment to diversity and inclusion. Be ready to discuss how you can contribute to this environment and align your leadership style with their vision.

Prepare for Stakeholder Engagement

You’ll need to build relationships with key stakeholders. Think about how you’ve successfully communicated and collaborated with others in previous roles. Prepare to discuss strategies you’ve used to ensure excellent communication and execution of processes.