Salary: Up to £60k
Job Type: Permanent
Job ID: 166620
Darlington Building Society is on the hunt for a Financial Controller to develop and manage the finance function within a very busy finance team.
This is a key appointment within the Society reporting into the Finance Director, and has people management responsibility. You will oversee the day to day running of the finance team and act as a point of contact for finance related queries and advice.
This is not a Senior Management Regime prescribed role. The role does, however, fall under the certification regime.
Main duties will include:
Preparation of Financial Information
Ensuring timely and accurate completion of regulatory returns as well as keeping pace with and maintaining knowledge of the fast changing regulatory requirements
Ensuring timely and accurate completion of internal management information for The Asset and Liability Committee (ALCO) the Executive Committee and the Board.
Oversight and lead of process to produce the annual accounts including the management of the audit process
Preparation of ad-hoc financial data, information and analysis as required
To have a significant involvement in the asset management of the Society including treasury & liquidity investment and funding requirements and strategy.
To act as a settler or dealer within the treasury function as required.
Strategy and Management
To have an active role in the Society’s Senior Leadership Team and its role in strategy and direction for the Society
To undertake roles in the preparation of key strategic documents including the Society’s capital assessment (ICAAP), liquidity assessment (ILAAP), 5 year business plan and other strategic risk documents
Play an integral role in risk management of the Building Society to ensure the Society complies with all regulatory requirements
Budgeting and Modelling
Prepare accurate and timely budgets & forecasts, P+L, balance sheet providing commentary and analysis including the Society’s annual 5 year budget
To manage the Finance department administrative costs budgets
To oversee the production of quarterly administrative expenses budgets and ensure adequate cost control is applied
Financial modelling, business planning and relevant analysis, particularly in respect of capital assessment
Will report into and work closely with the FD. Monthly one to one meetings will be used to supervise and monitor work flows as well as prioritise and manage work.
Work with the Finance Manager and Financial Reporting Officer to achieve the goals of the Finance department as well as the Finance administrator team.
Will have overall day to day management responsibility for the supervision and appraisal of staff within the Finance department.
Work with other departments within the Society both directly and as part of project groups and committees such as the Senior Management Forum (SMF).
Prepare papers on complex areas and presentation of these to internal committees including the Board.
To be a member of the SMF, Pricing committee and Product Governance Committee as well as attending the Asset and Liabilities committee
Liaise with external stakeholders to provide all required information and manage relationship.
Continual Development of Finance Department and Society
Ensuring processes, work flows and systems within the department are challenged and developed to ensure the efficiency of processes are maximised and the quality of data produced is continually improved.
To take ownership of key projects to deliver departmental projects
Develop systems and procedures
You will be self-motivated, adaptable, logical, and able to delegate effectively, with a hands-on approach, be a qualified accountant (ACA, ACCA, CIMA or equivalent) and have the following attributes;
Self-driven and highly motivated individual
Excellent organisational and time management skills
Ability to produce and develop MI reporting
Experience of the Financial Services sector and understanding regulatory requirements