Description
Salary: £33-39K
A major growing challenger bank is recruiting into its forward thinking Commercial Finance team. With strong, charismatic leadership and a collegiate working environment, a rewarding career path is on offer. You will be a Qualified or Part Qualified Accountant with practical experience of financial or treasury forecasting, management accounting or strong commercial experience. Financial services knowledge essential.
This role is required to act as an interface between the Commercial, Finance and Treasury teams to support Treasury Management. Through providing support and challenge, the role prepares cash-flow and financial plans and analysis to ensure the business has visibility of, and can take appropriate decisions around, future liquidity requirements.
Key to this role is excellent communication skills with an ability to translate complex and technical issues to meet the different audience's in different parts of the business.
Principle Accountabilities
- Budgets & Re-forecasts – Responsible for delivery of funding budgets and forecasts, process information from various sources to ensure that robust and transparent plans are completed and signed off by senior management within agreed timescales and to acceptable tolerances.
- Monthly P&L reviews andforecasts highlighting risks and opportunities and full year out turn projections.
- Scenario plans / desktop forecasts – assist the business in measuring impact of changes to the budgeted balance sheet and P&L positions. Working with other finance and commercial teams, update and reforecast changes to Treasury products for relevant working groups and stakeholders.
- Cash Flowand Operational Liquidityforecasts– delivery and development of the regular Treasury cash flow analysis to support front office in its dealing decisions to ensure that all gaps in liquidity and funding are known in advance and escalated appropriately.
- Financial Analysis – Using existing models and developing new models ensure Treasury managers are provided with financial information to assist in strategic or pricing decisions.
- Point of contact within Commercial Finance for Treasury and Savings. You will be responsible for ensuring that business developments are shared with appropriate colleagues, and are financially robust. Build and deepen relationships across the bank to facilitate smooth delivery of the role.
- Deputising for the Finance Manager at Treasury / Savings Management Committees the role is responsible for providing financial support and challenge on current and future business performance and plans (including month end P&L reviews, KPI analysis, income patterns, new product development / investment appraisals, funds transfer pricing) and ensuring the timely preparation of relevant papers.
- Commercial support and Challenge – positively challenge assumptions through analysis of trends and other MI available, to deliver realistic and balanced forecasts, budgets and business cases. Review outputs for accuracy.