Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead financial planning, develop strategies, and support decision-making with insightful analysis.
- Company: Join Furness Building Society, a modern institution with a strong local presence and national growth.
- Benefits: Enjoy flexible hybrid working, a competitive salary, generous bonuses, and a pension up to 10%.
- Why this job: Be part of a dynamic team driving financial innovation and making impactful decisions.
- Qualifications: Seeking ambitious FP&A professionals with experience in mortgage or savings sectors.
- Other info: Opportunity to shape the future of financial management in a supportive environment.
The predicted salary is between 43200 - 72000 £ per year.
We are delighted to be partnering with the Furness Building Society to recruit a new senior role to their Finance team, a Head of Financial Planning & Analysis. The Furness are a modern Building Society with roots in its heartland in the North West, but with a growing national presence due to its digitisation strategy, including a recent new savings app launched in 2024.
They entered 2025 in a strong position, with levels of capital substantially above their regulatory requirements, low levels of arrears and a high level of liquidity compared to their needs. They hold a diverse range of liquid assets having been granted permission to operate under the extended approach to treasury risk management and this role furthers their capability in prudent but ambitious financial management.
The main purpose of this role is to lead the Society's financial planning function, producing analysis and insight such that decision makers can take informed decisions with a full appreciation of the associated benefits and risks.
Key responsibilities include:
- Lead the design & development of financial strategy, annual budget and strategic plans, generating insight into performance to enable Executive decision making.
- Lead the business from static planning towards rate sensitive and dynamic planning processes to allow for effective planning, pricing and participation decisions.
- Lead the development and implementation of effective decision support and cost / benefit assessment within the Society, including for key projects and commercial propositions.
- Support Product Pricing decisions by ensuring pricing models are robust and key assumptions are up to date.
- Build strong cross-functional relationships and provide cost insight and challenge to assist cost centre owners in meeting their cost budgets.
- Lead capital stress scenario modelling, including development of the modelling approach and ongoing calibration, supporting ad-hoc stress testing and decision support as well as key prudential document production, including the ICAAP.
- Lead, manage and support the development of the FP&A team ensuring skills, resources and culture are aligned to the delivery of the corporate plan objectives.
In return you will receive a very competitive salary and package which includes highly flexible hybrid working arrangements, a generous bonus scheme, car allowance and pension up to 10%. If you are an ambitious FP&A professional from a similar mortgage / savings provider then we look forward to hearing from you.
Head of Financial Planning & Analysis employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Financial Planning & Analysis
✨Tip Number 1
Familiarise yourself with the latest trends in financial planning and analysis, especially within the mortgage and savings sector. Understanding the specific challenges and opportunities faced by building societies like Furness will help you demonstrate your industry knowledge during discussions.
✨Tip Number 2
Network with professionals in the finance sector, particularly those who have experience in FP&A roles. Engaging with current employees or industry peers can provide valuable insights into the company culture and expectations, which you can leverage in your conversations.
✨Tip Number 3
Prepare to discuss your experience with dynamic planning processes and decision support systems. Be ready to share specific examples of how you've successfully implemented these strategies in previous roles, as this will showcase your ability to lead the financial planning function effectively.
✨Tip Number 4
Highlight your leadership skills and experience in managing teams. The role requires leading the FP&A team, so be prepared to discuss how you've developed team capabilities and aligned resources with corporate objectives in your past positions.
We think you need these skills to ace Head of Financial Planning & Analysis
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial planning and analysis, particularly in the mortgage or savings sector. Use specific examples that demonstrate your ability to lead financial strategy and decision-making.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss how your skills align with the responsibilities outlined in the job description, such as leading dynamic planning processes and developing financial strategies.
Highlight Leadership Experience: Since this is a senior role, emphasise any previous leadership roles you have held. Detail how you have managed teams, developed talent, and aligned team objectives with corporate goals, especially in financial contexts.
Showcase Analytical Skills: Provide examples of how you have used data analysis to inform decision-making in past roles. Mention any experience with capital stress scenario modelling or cost/benefit assessments, as these are key aspects of the position.
How to prepare for a job interview at Ultimate Banking
✨Understand the Financial Landscape
Familiarise yourself with the current financial trends and challenges in the building society sector. Be prepared to discuss how these factors could impact the Furness Building Society and how your experience can help navigate them.
✨Showcase Your Strategic Thinking
Prepare examples of how you've previously developed and implemented financial strategies. Highlight your ability to lead dynamic planning processes and how you can contribute to the Society's ambitious financial management goals.
✨Demonstrate Cross-Functional Collaboration
Be ready to discuss your experience in building strong relationships across different teams. Provide examples of how you've worked with cost centre owners to provide insights that helped them meet their budgets.
✨Prepare for Scenario Modelling Questions
Since capital stress scenario modelling is a key responsibility, brush up on your knowledge of this area. Be prepared to explain your approach to developing and calibrating models, as well as how you've supported decision-making through stress testing.
