At a Glance
- Tasks: Lead finance strategies and optimise financial structures for a customer-focused building society.
- Company: Well-respected building society with a commitment to customer service.
- Benefits: Up to £80k salary, 30 days holiday, private medical insurance, and discretionary bonuses.
- Other info: Weekly office presence required, with opportunities for career growth.
- Why this job: Shape financial strategy and culture in a value-led, ambitious team.
- Qualifications: Qualified accountant with experience in finance and team leadership.
The predicted salary is between 72000 - 88000 £ per year.
Ultimate Banking are delighted to be partnering with a well-respected, customer-focused building society as they continue to expand their impact in the financial services space. As their Head of Finance, you will use the best financial and risk management practices to optimise their financial structure to benefit their members and to ensure the organisation fulfils its statutory and regulatory responsibilities. Along with the day-to-day duties, you will also be contributing to the development of their long-term business strategy, working in partnership with the CFO and Senior Management Team.
Duties will include:
- To continuously review the organisations business model and strategy, as necessary, to make proposals for its development and improvement.
- Play an active part in the preparation of annual budgets.
- To ensure the organization has adequate capital, funding and liquid resources at all times.
- Review all regulatory returns for completeness and accuracy.
- To ensure that the organization has adequate systems of costing, product pricing, planning and forecasting.
- To ensure all treasury, payment, supplier administration and payroll activities are accurately carried out and controlled.
- To ensure the organization complies with PRA requirements, including maintaining the ICAAP, ILAAP, Recovery Plan, Resolution Pack and stress testing framework.
- To manage the Finance function within its agreed annual budget.
- Responsible for undertaking ongoing due diligence of assigned suppliers.
The successful individual will possess:
- Be a qualified accountant with a wealth of experience in finance/accounting.
- Previously led a multi-disciplinary team.
- High attention to detail and strong knowledge with Microsoft Excel.
- Regulated industry knowledge/experience (previous experience within either a retail bank or building society would be highly desirable).
This is a fantastic opportunity for an experienced finance professional, seeking the next step in their career working with a value-led, commercially ambitious team, where your voice will shape both strategy and culture. Offering a competitive salary, plus benefits such as 30 days holiday (plus bank holidays), private medical insurance, discretionary bonus and more. Their head office is based in Wimborne Dorset, and they do request weekly office presence for this role, with a minimum of 2/3 days but with the understanding of more when required. If this sounds like your next role, please apply today!
Seniority Level: Mid-Senior level
Employment Type: Full-time
Job Function: Finance, Accounting/Auditing, Strategy/Planning
Industries: Banking and Financial Services
Head of Finance in Wimborne Minster employer: Ultimate Banking
Join our dynamic team in Newbury as a Facilities Administrator, where you will enjoy a supportive work culture that prioritises employee well-being and professional growth. With flexible working hours and a commitment to fostering talent, we offer a unique opportunity to contribute to a safe and compliant environment while developing your skills in a collaborative setting.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Finance in Wimborne Minster
✨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 Ultimate Banking. 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 Head of Finance in Wimborne Minster
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 Ultimate Banking.
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 Ultimate Banking'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 Ultimate Banking
✨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 Ultimate Banking.
✨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 Ultimate Banking 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 Ultimate Banking 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.
