Financial Controller - London, United Kingdom - ABN AMRO NL

Description

At a glance

The Financial Controller is positioned in the Finance department and reports to the Chief Financial Officer ('CFO'). The finance department is responsible for managing financial risks, financial reporting, generating information to support decision making (MI), planning and analysing business trends as well as the accounts payable/receivable process including managing vendor payments. Financial planning and analysis as well as financial reporting to fulfil both internal management and on-going external regulatory requirements are the defining features of the Finance department. The products delivered by the Finance department to the organisation, clients and key stakeholders are financial reporting and analysis, regulatory reporting to the PRA/FCA, Bank of England statistical reporting, management information, including budgeting and forecasting, accounting operations, including accounts payable, foreign exchange hedging, tax accounting and tax risk management. The UK Finance department undertakes a complex role, in particular due to regulatory requirements. It is responsible for implementation and on-going oversight of sound financial and operational controls and governance. There is a strong element of dependency on the ABN AMRO group functions in terms of governance, systems and controls and therefore the required level of co-ordination and communication with Head Office as well as the combination of monthly business as usual and project tasks, requires on going focus and attention to detail. Your job The CFO will look to this role to help drive forward the improvement to budgeting, forecasting and rebilling processes. The Financial Controller has the following responsibilities:
• Short- and medium-term budgeting of revenues, costs and balance sheet, consolidation and analysis of strategic financial plans, and preparation of performance MI against strategic objectives, including forecasting business performance. This includes management of the budget transfer process for all UK entities
• Leading on the annual review and revision of internal rebilling allocations, including maintenance of the rebilling spreadsheet, liaison with central functions to agree revisions to allocation percentages, analysing and challenging differences where appropriate and modelling the outcomes
• Implementing the agreed framework methodology for the internal rebilling allocations for the UK Branch and preparation of monthly supporting schedules and invoicing
• Responsibility for business cost control/monitoring, reporting and intragroup rebilling associated with AAB UK Branch business lines on a monthly basis
• Key point of contact for Group Finance, with particular focus on global alignment of P&L reporting methodology, including cost allocations/recharges
• Taking part in the operational work of the wider finance function, picking up additional tasks during colleagues' absence, particularly in relation to production of business MI, including monthly MI to the UK Executive Committee, business line specific MI for key stakeholders, month end closing and regulatory reporting
• Ensuring that financial risks are appropriately managed. This includes working with the wider finance team to identify, measure and report on financial risks. This also comprises making sure that relevant controls are in place to mitigate risks and that these controls are effective and commensurate to the risks involved
• Mitigating key person risk in relation to all of the above with particular focus on budgeting and rebilling, including provision of training to other team members on the process. This comprises responsibility for keeping all relevant procedures complete and up to date and subject to regular review and sign off
• Ad-hoc financial analysis as required. Your working environment ABN AMRO is an enterprising bank with a primary focus on Northwest Europe. We serve clients in the retail, private banking and corporate banking sectors. We are also present internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing. At ABN AMRO we have a clear purpose: Banking for better, for generations to come. The shift towards sustainability is one of the most important challenges of our time. Supporting our clients at times that matter has always been our role and our responsibility. Together, we aim high and work towards lasting relationships that are relevant and responsible, both now and in the future. We want to be the bank that leads the way. Our strategy goes far beyond financial value: we want to accelerate the transition to sustainability. We do this by supporting and advising our clients in order to facilitate their sustainability shift. Our commitment to clients, employees, investors and society calls for clear direction, focus and dedication. We concentrate on our three strategic pillars:

• Support our clients transition to sustainability
• Reinvent the customer experience
• Build a future-proof bank

Our strategy requires a culture of working together and permanent learning. It's only with this mindset that we unleash the best in ourselves to deliver a high standard of performance. ABN AMRO's culture is the catalyst for the evolution in which we find ourselves: our people are imaginative, trust each other and do just that little bit extra to help clients. ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:

• Corporate and Institutional Banking which includes Corporate Banking, Clearing, Global Markets - Sales & Trading and Financial Institutions
• Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services

Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 people in the UK. Your profile
• Qualified accountant (ACA, ACCA, CIMA or equivalent)
• PQE with experience within financial services
• Proven experience of financial control in a medium / large Group environment
• Good understanding and working knowledge of IFRS accounting principles
• Good understanding and working knowledge of regulatory reporting
• Strong interpersonal and communication skills with demonstrable experience of effective teamwork and experience of working with senior stakeholders
• Strong Excel skills, including basic data modelling
• Ability to work under pressure to strict timelines What we offer Joining ABN AMRO means working on meaningful projects. Projects that have an impact on our clients. Working with a wide range of people with different backgrounds, opinions and ideas. In the UK, in the Netherlands or elsewhere in our international network. We offer an environment where you will be challenged on a daily basis - professionally as well as on a personal level - so that you can grow to become the professional you want to be. We have identified that the following types of flexible working may be suitable for this role in principle. Any requests will be determined in line with our Flexible Working Policy: Type of Flexible Working Likely to be suitable
Flexitime Yes, subject to business needs
Unpaid leave Yes, subject to business needs
Staggered hours Yes, subject to business needs Interested? Are you interested? Please apply via the button below. For more information please contact Niki Champion, Senior Resourcing Partner, , Lees meer Wie zijn je collega's?"Aan het begin van de coronacrisis hoefde een groot deel van onze klanten tijdelijk geen rente en aflossing over hun lening te betalen. Het voelt goed om ondernemers die het zwaar hebben te helpen."
Lees het verhaal Sander Cremers
Portfolio Manager Financial Risk "De financiële gegevens van alle afdelingen bundelen we tot begrijpelijke rapportages. Zo adviseren we het management over de financiële positie van het bedrijf."
Lees het verhaal Rosalie Tulen
Junior Controller "Je merkt heel duidelijk dat ABN AMRO in beweging is. Er zijn continu nieuwe projecten aan de gang, waarvan een groot deel met duurzaamheid te maken heeft."
Lees het verhaal Niels Vlaming
Reporting Specialist "Er is met data nu véél meer mogelijk dan een paar jaar geleden. Daar ligt de uitdaging voor mij."
Lees het verhaal Joep Timmermans
Junior Accounting Data Analist "De manier van denken is belangrijker dan direct alle antwoorden paraat te hebben. Het gaat er meer om wat je doet als je de antwoorden niet hebt."
Lees het verhaal Anna Zadorozhnaia
Senior Data Scientist
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