At a Glance
- Tasks: Lead financial control and reporting, ensuring compliance and accuracy.
- Company: Join a well-funded commercial lending bank in Mayfair, London.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a rapidly growing team, influencing key financial decisions and processes.
- Qualifications: 5+ years in a Financial Controller role, preferably in banking.
- Other info: Opportunity to mentor a team and drive efficiency during an acquisition transition.
The predicted salary is between 72000 - 108000 £ per year.
My client is looking for a Financial Controller to work full time in their Mayfair, London offices.
Some headline info:
- Incredible well-funded and capitalised commercial lending bank.
- Property Lending for international HNW and BTL.
- Had full UK banking license since 2022.
- 80 staff today and going through rapid build out.
As Financial Controller, you would take ownership of financial control and reporting, ensuring compliance, accuracy, and strategic insight across the bank. This includes managing the preparation of financial results, regulatory reporting, and financial statements, as well as working closely with the Treasury team on ALCO reporting. Given the bank’s recent acquisition, there will also be opportunities to enhance financial processes, integrate reporting frameworks, and ensure smooth alignment across the group.
Key highlights of the role:
- Ownership of financial control – ensuring precision and compliance in reporting and financial statements.
- Strategic involvement – working closely with senior stakeholders on critical financial decisions as well as the strategy for absorption of the BTL loan book from third party.
- Integration and transformation – supporting the bank through the acquisition transition, aligning financial structures, and driving efficiency.
- Leadership – guiding and mentoring a team while collaborating with internal and external stakeholders, including auditors and regulatory bodies.
Key responsibilities as a member of Bank’s management team:
- Develop and nurture relationships with internal and external stakeholders, including auditors, regulatory bodies, and financial institutions.
- Provide guidance on upcoming technical accounting standards.
- Strong leadership and management skills, with the ability to prioritise tasks, assign work, and delegate tasks effectively.
Mandatory Key Skills & Experience:
- 5+ years experience in a FC role.
- Currently or very recently worked for a bank.
- Demonstrable experience of running a team that produces month / year ends and financial statements.
- Demonstrable experience of hedge accounting, revenue recognition and / or loan loss provisioning.
- Strong technical accounting skills, with an ability to interpret and apply accounting principles and regulations.
- Relevant experience gained from working with similar financial services organisations.
- Experience in leading the month-end close process and preparing financial statements.
Seniority level: Director
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Business Consulting and Services
Financial Controller employer: Pope Marshall
Contact Detail:
Pope Marshall Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Network with professionals in the banking and finance sector, especially those who have experience as Financial Controllers. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in financial reporting and compliance.
✨Tip Number 2
Familiarise yourself with the specific regulatory requirements and accounting standards relevant to commercial lending banks. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role's complexities.
✨Tip Number 3
Prepare to discuss your leadership style and experiences in managing teams during the interview. Highlight specific examples where you've successfully guided a team through financial reporting processes or regulatory changes, as this is crucial for the role.
✨Tip Number 4
Research the bank's recent acquisition and its implications on financial processes. Being able to articulate how you can contribute to the integration and transformation of financial structures will set you apart from other candidates.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in financial control, particularly in banking. Emphasise your leadership skills and any specific achievements related to month-end processes and financial statements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the bank's needs. Mention your experience with hedge accounting and revenue recognition, and how you can contribute to the bank's strategic goals.
Highlight Relevant Experience: In your application, clearly outline your 5+ years of experience in a Financial Controller role, especially if you've worked in a bank recently. Provide examples of how you've managed teams and improved financial processes.
Showcase Technical Skills: Detail your technical accounting skills in your application. Be specific about your knowledge of accounting principles and regulations, and how you've applied them in previous roles, particularly in financial services.
How to prepare for a job interview at Pope Marshall
✨Know Your Numbers
As a Financial Controller, you’ll need to demonstrate your expertise in financial reporting and compliance. Brush up on key financial metrics and be prepared to discuss how you've ensured accuracy in past roles.
✨Showcase Leadership Skills
This role involves guiding a team, so be ready to share examples of how you've successfully led teams in the past. Highlight your ability to mentor and delegate effectively, as well as how you’ve managed relationships with stakeholders.
✨Understand Regulatory Requirements
Familiarise yourself with the latest accounting standards and regulations relevant to the banking sector. Be prepared to discuss how you’ve navigated these in previous positions and how you can apply this knowledge to the new role.
✨Prepare for Strategic Discussions
The role requires strategic involvement in financial decisions. Think about how you can contribute to the bank’s strategy, especially regarding the integration of the BTL loan book. Be ready to discuss your insights and ideas during the interview.