At a Glance
- Tasks: Join our team to manage financial reports and ensure accurate month-end processes.
- Company: Be part of Virgin Money, a leading digital bank with over 180 years of heritage.
- Benefits: Enjoy generous holidays, flexible working, and market-leading pension from day one.
- Why this job: Make banking better while developing your skills in a supportive and innovative environment.
- Qualifications: Part-qualified or QBE in accounting with strong reporting and Excel skills required.
- Other info: Apply soon as we may close early due to high interest!
The predicted salary is between 24600 - 41000 Β£ per year.
Business Unit: Group Finance
Salary range: up to circa Β£41,000 per annum DOE + benefits
Contract Type: Permanent
Our Team
We have a fantastic opportunity within the Consolidation & Control team, part of our Financial Control function, responsible for producing the Virgin Money UK Group's consolidated financial reports and reporting to our parent, Nationwide. Our team ensures the smooth operation of the month-end process, delivering accurate financial results to stakeholders. If you are passionate about numbers and control, and eager to make banking better, this role is for you. We seek self-managing professionals who understand potential.
What you'll be doing
- Completing and submitting monthly balance sheet certifications and onward submission to NBS
- Producing timely and accurate financial and management information according to group and internal requirements
- Carrying out financial consolidation activities as directed by the Consolidation Manager
- Contributing to the Interim Financial Report and Annual Report and Accounts, owning several disclosure notes
- Participating in ad hoc projects
- Collaborating with stakeholders to improve processes
- Generating financial data like subsidiary control files for management decision-making
- Ensuring effective financial controls are maintained daily
We need you to have
- Part-qualified or QBE in professional accounting qualification
- Strong experience in month-end reporting, manual entries, and technical accounting
- Excellent reporting and Excel skills, with an eye for discrepancies and errors
- Excellent verbal and written communication skills
- Proficiency in preparing consolidated financial statements (P&L, balance sheet, cash flow)
What we would like you to have
- Understanding of existing finance processes
- Knowledge of VMUK PLC organization and stakeholder management
- Familiarity with financial systems like FCCS, Oracle, and Microsoft packages
Red Hot Rewards
- Generous holidays, including bank holidays and options to buy more
- Up to five extra paid well-being days annually
- 20 weeks paid family leave for expectant parents and adopters
- Market-leading pension
- Free private medical cover and life assurance
- Flexible benefits such as Cycle to Work, wellness assessments, and critical illness cover
- Benefits start from day one.
Interested?
If interested, apply soon as we may close the advert early due to high interest. We support flexible working and aim to help you Live a Life More Virgin.
About Virgin Money
We aim to be the UK's best digital bank, with over 180 years of heritage. We focus on innovative, customer-centric banking, making a difference through memorable experiences and empowering our employees to Live a Life More Virgin.
Diversity and Inclusion
We value diversity and are committed to creating an inclusive environment. If you need adjustments or support, contact our Talent Acquisition team at careers@virginmoney. Note that during high-volume applications, some candidates may be limited in interview opportunities.
Legal and Application Details
Roles are UK-based, requiring right to work in the UK. Successful candidates will undergo checks including credit, criminal record, and references. Some roles may require additional regulatory checks.
Advertised: 20 Jun 2025 GMT
Applications close: 29 Jun 2025 GMT
Job ID 102412
Consolidation Analyst employer: Virgin Money UK
Contact Detail:
Virgin Money UK Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Consolidation Analyst
β¨Tip Number 1
Familiarise yourself with Virgin Money's values and mission. Understanding their commitment to customer-centric banking will help you align your answers during interviews, showcasing how your personal values resonate with theirs.
β¨Tip Number 2
Brush up on your Excel skills, especially in financial modelling and reporting. Being able to demonstrate your proficiency in Excel during practical assessments or discussions can set you apart from other candidates.
β¨Tip Number 3
Network with current or former employees of Virgin Money on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during your interview.
β¨Tip Number 4
Prepare to discuss your experience with month-end reporting and financial consolidation in detail. Be ready to share specific examples of challenges you've faced and how you overcame them, as this will demonstrate your problem-solving abilities.
We think you need these skills to ace Consolidation Analyst
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in month-end reporting, financial consolidation, and technical accounting. Use specific examples that demonstrate your skills in producing financial statements and managing discrepancies.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for numbers and control. Mention your understanding of Virgin Money's goals and how your background aligns with the role of Consolidation Analyst. Be sure to express your enthusiasm for contributing to the team.
Highlight Relevant Skills: In your application, emphasise your proficiency in Excel and any experience with financial systems like FCCS or Oracle. Provide examples of how you've used these tools to improve processes or deliver accurate financial reports.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or discrepancies. Clear communication is key, so ensure your written materials are polished and professional.
How to prepare for a job interview at Virgin Money UK
β¨Showcase Your Technical Skills
As a Consolidation Analyst, you'll need strong reporting and Excel skills. Be prepared to discuss your experience with financial consolidation activities and provide examples of how you've identified discrepancies in financial data.
β¨Understand the Company and Its Processes
Familiarise yourself with Virgin Money's finance processes and organisational structure. Demonstrating knowledge about the company will show your genuine interest and help you connect your skills to their needs.
β¨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and how you handle month-end reporting challenges. Think of specific situations where you've successfully managed tight deadlines or improved financial processes.
β¨Communicate Clearly and Confidently
Excellent verbal and written communication skills are crucial for this role. Practice articulating your thoughts clearly, especially when discussing complex financial concepts, to ensure you convey your expertise effectively.