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.
- Other info: Opportunity for significant career growth in a rapidly expanding sector.
- Why this job: Shape the future of wealth planning with strategic financial leadership.
- Qualifications: Qualified Accountant with 10+ years in finance, preferably in wealth management.
The predicted salary is between 108000 - 150000 £ per year.
Salary: £125,000 + benefits & discretionary bonus
Summary
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
- Oversee compensation and incentive programmes that reward good client outcomes, appropriate conduct, growth, and alignment with corporate strategic objectives.
- Supervise the tailoring of financial and management reporting to business needs, supporting improved performance insight and strategic decision-making.
Technical / Qualifications
- 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 London employer: Morgan McKinley
As a leading international savings and investments business with over a century of experience, we pride ourselves on fostering a supportive and inclusive work environment that prioritises employee well-being and professional growth. Our flexible working arrangements and commitment to workplace accommodations ensure that you can thrive in your role as the Group Financial Crime Policy and Standards Manager, while contributing to our mission of delivering exceptional financial outcomes for our clients. Join us to be part of a dynamic team that values collaboration, innovation, and integrity in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Finance Manager - Wealth Management in 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. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their values, recent news, and how they operate within the wealth planning space. We want you to walk in feeling confident and ready to discuss how your experience aligns with their goals.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your past experiences and how they relate to the role of Senior Finance Manager. We’re here to help you shine when it counts!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged. Let’s get you that dream job in wealth management!
We think you need these skills to ace Senior Finance Manager - Wealth Management in 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 relevant experience and skills that align with the job description, especially your background in financial services and wealth planning.
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 specific achievements that demonstrate your ability to lead financial processes and challenge strategic decisions effectively.
Showcase Your Qualifications:Don’t forget to mention your qualifications clearly. As a qualified accountant with over 10 years of experience, make sure we see how your credentials align with the requirements listed in the job description.
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
✨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.
