At a Glance
- Tasks: Manage financials for Technology Operations & Cyber Security, ensuring efficient cost tracking and reporting.
- Company: Join Virgin Money, a pioneering mutual bank focused on fair and rewarding banking for all.
- Benefits: Enjoy 38.5 days holiday, flexible working, and comprehensive health benefits from day one.
- Why this job: Be part of a collaborative team making a positive impact on society while developing your finance skills.
- Qualifications: Experience in financial governance, excellent communication skills, and advanced Microsoft Excel proficiency required.
- Other info: Remote work available with occasional travel; applications close early if interest is high.
The predicted salary is between 34000 - 42000 £ per year.
Search our opportunities to find your fit
Apply now Job no: 106309
Work type: Permanent Full Time
Location: Head Office – Glasgow, Head Office – Newcastle, Hybrid, Remote – work from anywhere within the UK
Categories: Technology Operations
Business Unit: Technology Operations and Cyber Security
Salary range: £40,000 to £50,000 per annum DOE
Location: Remote with occasional travel to a UK Virgin Money Hub location when required
Contract type : Permanent
Reporting directly to the TOCS Operations & Control Manager this role is responsible for the management of our resource and non resource baseline costs across Technology Operations & Cyber Security.
This role requires the individual to plan and manage our baseline financials of c£100m providing detailed information and analysis to the TOCS Leadership Team to enable them to make financial decisions. This includes quarterly and annual reprofiling and planning in conjunction with our Leadership Team and Finance Partners to ensure there is a full understanding of the TOCS cost of ownership.
Non resource –Tight controls over new and renewing 3 rd party costs with escalation handling in conjunction with Relationship Managers and our Procurement colleagues is a key part of the financial risk management to ensure we meet stretch targets each financial year whilst continuing to operate efficiently with no risk to colleague and customer services. You’ll also be given the opportunity to learn about our new Azure Cloud platform and it’s financial management, working closely with the Senior Azure Commercial Analyst to ensure project Cloud allocation and costs are tracked and processed accordingly, identifying areas of cost savings and optimisation.
Resource – As well as tracking our operational FTE people costs you will support the Operations & Controls Manager in ensuring we meet our recovery challenge through active supply & demand management, tracking of recoveries and liaising with resource managers on areas of concern or escalations. Forecasting and tracking of additional costs such as contractors is also key to ensure these are on an exception basis only.
This role in a nutshell/ Day to day you’ll be doing:
- Undertake all aspects of financial management including Purchase Order requisition raising, invoice receipting, prepayments and accruals.
- Provide guidance and training to TOCS relationship managers in all aspects of procurement & policy governance, financial management and use of P2P.
- Actively manage all new and renewing 3rd party procurement activities including regular renewal sessions with relationship managers, LT and Procurement
- Actively support all supply & demand reporting and escalation of recovery challenges
- Provide timely updates to LT and other stakeholders such as Finance and the D&I Commercial Team
- Facilitate the TOCS Finance monthly Business Control Meeting in conjunction with the D&I Commercial Team – documentation and articulation of variances, risk & opportunities and action follow up to ensure executive decisions can be made
- Ensure appropriate actions and/or escalations are undertaken in accordance with Bank policies
- Undertake continual service improvements of the TOCS financial review and planning processes.
To be successful you will bring:
- Experience and understanding of P2P and financial governance processes such as ISR, MIRA, Clearing House
- Experience and understanding of EPM supply & demand reporting and project recoveries
- Excellent written and verbal communication skills with the ability to engage technical and business stakeholders at all levels
- Ability to liaise with multiple stakeholders (across D&I, Finance, business functions) and proactively identify opportunities for cost reductions or risk mitigations.
- Excellent Microsoft skills, with Advanced level Excel skills (use of formulas, Vlookup, pivot tables) and Advanced level PowerPoint skills.
Red Hot Rewards
- Generous holidays – 38.5 days annual leave (including bank holidays and prorated if part-time)plus the option to buy more.
- Up to five extra paid well-being days per year.
- 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt.
- Free private medical cover, income protection and life assurance.
- Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness.
And there\’s no waiting around, you\’ll enjoy these benefits from day one.
If we’re lucky to receive a lot of interest, we may close the advert early, please ensure to submit your applications as soon as possible.
We\’re all about helping you Live a Life More Virgin , so happy to talk flexible working with you.
Virgin Money is so much more than just a bank. As part of theNationwide group,together we\’re the UK\’s first full-service mutual bank serving millions of retail and business customers and all driven by our purpose; Banking but fairer, more rewarding and for the good of society. With us, you’ll be part of an organisation uniquely positioned to make a difference to the lives of customers, communities and broader society and embark on a collaborative, customer obsessed, and fun-filled career journey. Embrace the weekdays, enjoy fantastic perks, and make a meaningful positive difference. Time to discover what it means to be part of the first mutual full-service banking provider.
Be yourself at Virgin Money
At Virgin Money, we celebrate everyone. We have fun, think big, and relentlessly include each other, all in pursuit of our purpose: Banking – but fairer, more rewarding, and for the good of society. We’re committed to creating an inclusive culture where colleagues feel safe and inspired to contribute, speak up and be heard.
As a Disability Confident Leader, we\’re committed to removing any obstacles to inclusion. If you need any reasonable adjustments or support making your application, contact our Talent Acquisition
It’s important to note that there may be occasions where it’s not possible to interview all candidates declaring a disability who meet the essential criteria for the job. In certain recruitment situations such as receiving a high-volume of applications, we may need to limit the overall numbers of interviews offered to both disabled and non-disabled applicants.
Now the legal bit
Although some of our roles allow you to be based anywhere in the UK, we\’ll need you to confirm you have the right to work in the UK.
If you\’re successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years\’ worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks –we\’ll ask for six years of regulatory references, and once in the role, you\’ll be subject to periodic employment checks.
Advertised: 21 Aug 2025 GMT Daylight Time
Applications close: 05 Sep 2025 GMT Daylight Time
Location: Head Office – Glasgow, Head Office – Newcastle, Hybrid, Remote – work from anywhere within the UK
Work Type: Permanent Full Time
Senior Technology Finance Analyst
Applications Close: 05 Sep 2025 2025 (11:55) GMT Daylight Time
Location: Head Office – Glasgow, Head Office – Newcastle, Hybrid, Remote – work from anywhere within the UK
Work Type: Permanent Full Time
Senior Technology Finance Analyst
Applications Close: 05 Sep 2025 2025 (11:55) GMT Daylight Time
- Remote – work from anywhere within the UK 1
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Senior Technology Finance Analyst employer: Virgin Money
Contact Detail:
Virgin Money Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Technology Finance Analyst
✨Tip Number 1
Familiarise yourself with the financial governance processes mentioned in the job description, such as P2P and ISR. Understanding these frameworks will help you engage in meaningful conversations during interviews and demonstrate your readiness for the role.
✨Tip Number 2
Brush up on your advanced Excel skills, particularly formulas, VLOOKUP, and pivot tables. Being able to showcase your proficiency in these areas can set you apart from other candidates and show that you're prepared to handle the financial management tasks required.
✨Tip Number 3
Network with professionals in the finance and technology sectors, especially those who have experience in procurement and financial management. This can provide you with insights into the role and potentially lead to valuable referrals.
✨Tip Number 4
Prepare to discuss specific examples of how you've identified cost reductions or mitigated risks in previous roles. This will demonstrate your ability to contribute to the financial health of the organisation and align with the responsibilities outlined in the job description.
We think you need these skills to ace Senior Technology Finance Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial management, procurement processes, and stakeholder engagement. Use specific examples that demonstrate your skills in managing costs and financial reporting.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience with P2P and financial governance.
Showcase Your Technical Skills: Emphasise your advanced Microsoft Excel and PowerPoint skills in your application. Provide examples of how you've used these tools to analyse data or present financial information effectively.
Highlight Communication Abilities: Since the role requires excellent written and verbal communication skills, include examples of how you've successfully engaged with technical and business stakeholders in previous positions. This will demonstrate your ability to convey complex financial information clearly.
How to prepare for a job interview at Virgin Money
✨Understand Financial Governance
Make sure you have a solid grasp of P2P and financial governance processes. Be prepared to discuss your experience with ISR, MIRA, and Clearing House, as these are crucial for the role.
✨Showcase Your Communication Skills
This position requires excellent written and verbal communication skills. Practice articulating complex financial concepts clearly, as you'll need to engage with both technical and business stakeholders.
✨Demonstrate Advanced Excel Proficiency
Since advanced Excel skills are essential, be ready to showcase your ability with formulas, VLOOKUP, and pivot tables. You might even want to prepare a few examples of how you've used these skills in past roles.
✨Prepare for Stakeholder Engagement
Think about your previous experiences liaising with multiple stakeholders. Be ready to discuss how you've identified opportunities for cost reductions or risk mitigations, as this will be key in your new role.