At a Glance
- Tasks: Lead financial reporting, tax compliance, and regulatory oversight for a dynamic finance team.
- Company: Join OakNorth, a mission-driven company empowering businesses and communities since 2015.
- Benefits: Enjoy 25 days holiday, personalised benefits, and subsidised private medical insurance.
- Other info: Collaborative environment with opportunities for personal growth and strategic initiatives.
- Why this job: Make a real impact in finance while leading innovative projects and teams.
- Qualifications: Qualified accountant with 10+ years in financial services and strong IFRS knowledge.
The predicted salary is between 58500 - 71500 £ per year.
ABOUT US
At OakNorth, we’re on a mission to empower ambitious businesses and the communities they serve. Since 2015, we’ve lent over $21 billion across the UK and US, helped create more than 58,000 new homes and 36,000 new jobs, and supported hundreds of thousands of personal savers — all while driving economic growth in the markets we serve.
ABOUT THE ROLE
This senior leadership role will act as the functional lead for OakNorth Group’s core financial reporting, tax compliance, and oversight of regulatory reporting. The role is accountable for the financial close, statutory accounts, tax obligations across multiple jurisdictions, and governance of the regulatory reporting framework. The individual will manage day-to-day financial control processes, lead and develop finance teams in India, and partner closely with the Head of Finance & Controls on strategic priorities. This is a hands-on leadership position, balancing operational excellence with contribution to key initiatives across the group.
WHAT YOU’LL DO
- Financial Control & Reporting
- Lead the monthly and annual close process for all group entities, ensuring timely, accurate, IFRS compliant reporting
- Maintain strong ledger controls, reconciliations, and balance sheet integrity
- Oversee preparation of statutory accounts and coordination of annual financial statements
- Support delivery of external audits for bank and group entities
- Taxation
- Lead UK tax compliance, including corporation tax, VAT, and governance requirements
- Oversee group tax operations across the UK, US, and India, managing external advisors and ensuring timely submissions
- Support transfer pricing, intercompany arrangements, and tax optimisation initiatives
- Regulatory Reporting
- Provide senior oversight of PRA, FCA, BoE returns, and Pillar 3 disclosures
- Act as escalation point for technical/regulatory matters and policy interpretation
- Oversee improvements to regulatory reporting processes and systems, ensuring integration with core finance operations
- Governance & Controls
- Strengthen the financial control environment through targeted process improvements, policy alignment, and control testing
- Drive consistency in policies, reconciliations, and governance standards across the group
- Leadership & Collaboration
- Functionally lead and mentor finance controllership teams in India, ensuring alignment of objectives, processes, and performance standards with UK operations
- Act as the day-to-day lead for finance operations, providing continuity for the Head of Finance & Controls
- Partner with FP&A, Treasury, Regulatory, and Legal teams to deliver aligned outputs and support business-wide priorities
- Transformation & Strategic Initiatives
- Lead strategic finance projects, capital optimisation, and process improvements, including adoption of automation, AI, and system upgrades to enhance efficiency, controls, and readiness for new products or services
YOU’LL BE A GREAT FIT IF YOU HAVE…
- Fully qualified accountant (ACA, ACCA or equivalent) with 10+ years’ post-qualified experience
- Strong background in IFRS reporting, tax compliance, and financial controls within financial services or banking; knowledge of US GAAP an advantage
- Proven track record in managing close processes, statutory filings, and regulatory interactions
- Experience working across geographies and with senior stakeholders
- Hands-on leader with strong technical expertise and a delivery focus
- Confident communicator, able to engage effectively with senior stakeholders, advisors, and regulators
- Organised, proactive, and resilient in a fast-paced, regulated environment
- Collaborative and capable of developing high-performing teams
WHAT WE OFFER
- 25 days holiday
- Personalised benefits — opt-in to what matters to you
- Subsidised Private Medical Insurance with Bupa
- Enhanced maternity and paternity leave
- Wellbeing and social events
- In-house Barista Bar in London office
- Support causes that matter to you — Volunteering time off
- Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)
Location: London
Employment Type: Full time
Location Type: Hybrid
Department: Finance
Deputy Finance Director in London employer: OakNorth Bank
At OakNorth, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored development opportunities and a supportive environment, particularly in our London office where you can enjoy unique perks like an in-house Barista Bar and flexible benefits. Join us in making a meaningful impact while enjoying a healthy work-life balance and competitive benefits.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Finance Director in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like OakNorth Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Deputy Finance Director in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to OakNorth Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on OakNorth Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at OakNorth Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with OakNorth Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at OakNorth Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former OakNorth Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
