At a Glance
- Tasks: Lead financial direction and reporting for the Wealth Planning division.
- Company: Dynamic finance firm focused on innovative wealth management solutions.
- Benefits: Competitive salary, discretionary bonus, and comprehensive benefits package.
- Why this job: Shape the future of wealth planning with strategic decision-making and impactful processes.
- Qualifications: Qualified Accountant with 10+ years in finance, preferably in wealth management.
- Other info: Opportunity to work closely with senior leaders and drive significant growth.
The predicted salary is between 108000 - 142000 £ per year.
Initially reporting to the Group Chief Financial Officer, this is a senior role within the Finance function, responsible for overseeing the delivery of financial direction and reporting to the growing Wealth Planning division of the business.
The role will lead the development of best-practice operational processes within the Wealth Planning business, focusing on the effective capture, maintenance, updating, and reporting of key financial measures. With recent rapid growth and further material growth planned, the role will lead the modernisation and systemisation of these processes, working alongside senior business leaders to ensure best practice is implemented efficiently and at scale.
The role will also challenge strategic decision-making, drawing on prior experience operating within a Wealth Planning business of scale.
Role Responsibilities- Lead Finance engagement in key Wealth Planning management committees and senior management interactions.
- Ensure operational process changes within the Wealth Planning business incorporate the requirements for timely and accurate financial reporting.
- Develop a close working relationship with the CFO, ensuring transparent reporting of priorities and progress against agreed improvement targets and financial measures.
- Supervise the prioritisation and implementation of financial reporting elements of strategic change initiatives across the Wealth Planning business, working closely with Financial Control and Business Partnering teams.
- Constructively challenge senior leadership in strategic decision-making to support growth in an efficient, scalable, and well-controlled manner.
- Review material recruitment initiatives and M&A acquisitions for integration risks and opportunities, capturing value through synergies and optimised integration, including performance tracking against expectations.
- Introduce best-practice controls and reporting, leveraging experience from similar organisations.
- Coordinate multiple delivery priorities across the Finance team, enhancing methods used to collate and produce financial information.
- Recommend improvements to key Wealth Planning financial processes, including (but not limited to):
- Capture and reporting of AuA and flows from third-party platforms
- Pricing improvements that drive value and consistency
- Tracking cross-selling activity between Wealth Planning and affiliated investment management activities
- Qualified Accountant (ACA, ACCA, CIMA, or equivalent) with a minimum of 10 years' post-qualification experience, including experience in the wealth planning industry
- Broad finance experience within financial services, ideally wealth planning and wealth management
- Knowledge of Xplan is useful
- Strong understanding of key financial metrics and best-practice reporting approaches
Senior Finance Manager - Wealth Management in City of London employer: Morgan McKinley Group Ltd
Contact Detail:
Morgan McKinley Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Manager - Wealth Management in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and wealth management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself to key players. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company’s recent developments and challenges in wealth planning. Tailor your responses to show how your experience aligns with their needs. We want you to shine, so practice common interview questions and have your own ready to ask!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them why you’re the perfect fit for the Senior Finance Manager role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for talented individuals like you. Plus, it shows you’re genuinely interested in joining our team and makes it easier for us to keep track of your application.
We think you need these skills to ace Senior Finance Manager - Wealth Management in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Senior Finance Manager in Wealth Management. Highlight your experience in financial reporting and operational processes, as well as any relevant achievements that showcase your ability to lead and challenge strategic decision-making.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your qualifications, like being a qualified accountant, and how your past experiences align with the responsibilities outlined in the job description.
Showcase Relevant Experience: When detailing your work history, focus on your experience within wealth planning and financial services. Be specific about your contributions to process improvements and financial reporting, as these are key aspects of the role we're looking to fill.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Morgan McKinley Group Ltd
✨Know Your Numbers
As a Senior Finance Manager, you'll need to demonstrate a strong grasp of financial metrics. Brush up on key financial measures relevant to wealth planning and be ready to discuss how you've used them in past roles. This shows you’re not just familiar with the numbers but can also leverage them for strategic decision-making.
✨Showcase Your Leadership Skills
This role involves engaging with senior management and leading finance initiatives. Prepare examples of how you've successfully led teams or projects in the past, particularly in financial reporting or operational process improvements. Highlight your ability to challenge decisions constructively and drive change.
✨Understand the Business Landscape
Familiarise yourself with the current trends and challenges in the wealth management sector. Be prepared to discuss how these factors could impact the company’s financial strategies. This will show that you’re not only focused on numbers but also understand the broader business context.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare insightful questions about the company's growth plans, their approach to financial reporting, and how they envision the role evolving. This demonstrates your genuine interest in the position and helps you assess if it’s the right fit for you.
