Finance Manager Banking

Finance Manager Banking

Milton Keynes Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial operations, prepare management accounts, and support strategic decision-making.
  • Company: Join a multi-award-winning tech services company with exciting growth plans.
  • Benefits: Enjoy a full-time role with opportunities for professional development and a collaborative team environment.
  • Why this job: Be part of a dynamic team, make impactful decisions, and drive process improvements.
  • Qualifications: Qualified Accountant (ACCA/CIMA/ACA) or QBE with experience in financial reporting.
  • Other info: Office-based in Milton Keynes; we value diversity and welcome all qualified applicants.

The predicted salary is between 36000 - 60000 £ per year.

Location: Milton Keynes (Onsite)

Job Type: Full Time, Permanent

Lucid are recruiting for a new Finance Manager to join our multi-award-winning Milton Keynes based business. Our owner-managed business has a strong reputation in the technology services sector and further growth plans which include business expansion, process improvements and winning net new business.

We are currently seeking a proactive and commercially minded Finance Manager / Management Accountant to join and lead our finance operations. Reporting to the Group Managing Director, you will play a key role in delivering timely and accurate financial information to support strategic decision-making across the two Lucid brands. This is a hands-on role with a balance of core financial management, commercial analysis, and business partnering.

Currently, the business has a small accounts team, so in this position, whilst it is considered senior with responsibility, the successful candidate will work closely with the team where required on any day-to-day duties. The position is office based, in Wymbush, Milton Keynes, working Monday-Friday 09.

  • Lead the preparation of monthly management accounts, including variance analysis against budget and prior year, with insightful commentary for stakeholders.
  • Manage all aspects of the month-end close process: balance sheet reconciliations, accruals, provisions, and prepayments.
  • Monitor and manage daily cashflow to ensure financial stability and forward planning.
  • Produce monthly sales and margin reports to support business performance reviews.
  • Provide departmental cost analysis and engage with stakeholders to manage budgets effectively.
  • Support the year-end close, statutory account preparation, and external audit processes.
  • Oversee tax reporting (VAT, corporation tax) and submissions to government agencies.
  • Oversee and support payment runs and manage any ad-hoc finance-related tasks as needed.
  • Review all accrual accounts and adjust if required.
  • Work with auditors during annual audit providing detailed explanations and evidence, where required.
  • Checking annual statutory accounts and tax computations, suggesting amendments where required, prior to finalisation and signature.
  • Work in collaboration with the accounts and administration teams providing accounting support and assistance.
  • Collaborate with senior management on projects requiring financial advice and support.
  • Attend to HMRC reviews/audits as required (both on site and by email).
  • Take responsibility for continuous improvement such as process automation, systems implementation, change control, allocation of work within the team.

We are looking for a Qualified Accountant (ACCA/CIMA/ACA) or QBE professional with a strong background in financial and management reporting within dynamic growing business environments, ideally in professional services.

Experience in stakeholder management and commercial finance support.

Familiarity with system and process improvements or involvement in system implementations.

We are proud to provide equal opportunities in line with our Diversity and Inclusion policy and welcome applications from all suitably qualified or experienced people, regardless of personal characteristics. If you have a disability or health condition and seek support throughout the recruitment process, please do not hesitate to contact us via the details below.

Finance Manager Banking employer: Lucid Connect Ltd

Lucid is an exceptional employer, offering a dynamic work environment in Milton Keynes where innovation and growth are at the forefront. With a strong commitment to employee development, we provide opportunities for professional advancement and encourage a collaborative culture that values each team member's contributions. Our focus on process improvements and business expansion ensures that you will play a vital role in shaping the future of our multi-award-winning company while enjoying a supportive and inclusive workplace.
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Contact Detail:

Lucid Connect Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Manager Banking

✨Tip Number 1

Familiarise yourself with the specific financial software and tools commonly used in the banking sector. Being able to demonstrate your proficiency in these systems during interviews can set you apart from other candidates.

✨Tip Number 2

Network with professionals in the finance and banking industry, especially those who work in similar roles. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could help you land the job.

✨Tip Number 3

Prepare to discuss your experience with financial reporting and stakeholder management in detail. Be ready to provide examples of how you've successfully supported decision-making processes in previous roles, as this is crucial for the Finance Manager position.

✨Tip Number 4

Research Lucid's business model and recent developments in the technology services sector. Understanding their growth plans and challenges will allow you to tailor your discussions and show how you can contribute to their objectives.

We think you need these skills to ace Finance Manager Banking

Financial Management
Management Accounting
Variance Analysis
Cashflow Management
Budgeting and Forecasting
Statutory Account Preparation
Tax Reporting (VAT, Corporation Tax)
Stakeholder Management
Commercial Analysis
Process Improvement
Team Leadership
Communication Skills
Attention to Detail
Problem-Solving Skills
Qualified Accountant (ACCA/CIMA/ACA or QBE)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial management and reporting. Emphasise your qualifications (ACCA/CIMA/ACA) and any specific achievements in previous roles that align with the responsibilities outlined in the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your proactive approach and commercial mindset. Mention how your skills can contribute to Lucid's growth plans and your experience in stakeholder management and process improvements.

Highlight Relevant Skills: In your application, focus on key skills such as month-end close processes, cash flow management, and financial analysis. Provide examples of how you've successfully managed budgets and collaborated with teams in past roles.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Finance Manager role.

How to prepare for a job interview at Lucid Connect Ltd

✨Know Your Numbers

As a Finance Manager, you'll need to demonstrate your financial acumen. Be prepared to discuss key financial metrics, such as cash flow management and variance analysis. Brush up on your knowledge of monthly management accounts and be ready to provide examples of how you've used financial data to support strategic decisions.

✨Showcase Your Stakeholder Management Skills

This role involves significant interaction with various stakeholders. Prepare to share experiences where you've successfully managed relationships and provided commercial finance support. Highlight any specific instances where your input led to improved business outcomes.

✨Emphasise Process Improvement Experience

Lucid is looking for someone who can drive process improvements. Be ready to discuss any past experiences where you've implemented system changes or automated processes. This will show your proactive approach and ability to enhance efficiency within the finance function.

✨Prepare for Technical Questions

Expect technical questions related to tax reporting, statutory accounts, and audit processes. Review relevant regulations and best practices in these areas. Being well-versed in these topics will demonstrate your expertise and readiness for the responsibilities of the role.

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