Finance Manager - London, United Kingdom - All Africa Capital Limited

Description

Job Description

Salary: £60K/yr- £85K/yr

Hybrid, Full-time

The Finance Manager/ FP&A Manager plays a key role in developing, supporting the Head of Finance (HoF) in delivering the Bank's financial management and strategic planning. This will include supporting the achievement of AACL's ambitious growth plans. As a direct report to the HoF, the role holder is responsible for supporting the delivery of Financial Reporting, Planning and Analysis for the Bank, ensuring its financial health and in line with the financial plans.

Due to the early-stage nature of the Bank, the role holder will play a key role in supporting the HoF in the design and implementation of the financial systems, policies, procedures and controls. The overall objective is to automate the financial architecture and provide management information (MI) and insight to drive the business forward. The key objective will be to support the production of insightful MI to aid effective decision-making at operational and board levels and support the wider requirements of the Group (parent/investor).

If you are ready to embrace challenges and aspire to be part of All Africa Capital's journey toward becoming an authorised Bank, then this is the job for you

The Finance Manager/ FP&A Manager specific duties and responsibilities include, but are not limited to:

Financial Reporting and Analysis

• Supporting the HoF and the Chief Technology & Operations Officer with business requirements to enable the design, implement and maintenance of the financial planning tools, general ledger and other finance systems for the Bank.
• Supporting the annual budgeting and forecasting process, ensuring budgets and forecasts are realistic, aligned with strategic objectives, and comply with UK financial regulations.
• Producing regular financial performance reporting to all areas of the Bank including the Executive Team and the Board of Directors, highlighting key areas with supporting commentary to assist.
• Analyse financial data to identify trends, opportunities, and areas for improvement.
• Monitor budget performance and recommend adjustments as necessary.
• Develop key performance indicators to monitor and drive the performance of the Bank.
• Supporting the team with the delivery of stress testing for the ICAAP, ILAAP and other prudential documentation.

Financial Control

• Manage the financial control and reporting with a key focus on balance sheet management and achieving the financial targets set in the corporate plan, budget and forecasts.
• Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.
• Supporting the preparation of statutory accounts and providing relevant support and commentary for the auditors.
• Monitoring and maintenance of the general ledger, financial accounts and management accounts, including backup, supporting schedules and reconciliations and journal posting for month-end and year-end accounts.
• Ensure the accurate and timely processing of financial transactions and reporting.
• Assist with the development, implementation and maintenance of all the Bank's accounting policies in accordance with IFRS.
• Support the preparation, review, maintenance and update finance documentation, including Finance processes, procedures and policies.

Risk Management

• Delivery of the Finance Risk and Controls Self-Assessment, including reporting and supporting the HoF when liaising with the Risk team.
• Maintain robust risk management to safeguard the Bank's financial assets.
• Collaborate with various departments to ensure the Bank's compliance with UK financial regulations and industry standards.

Regulatory Compliance and Audit

• Stay current with UK financial regulations, industry trends, and emerging best practices.
• Collaborate with internal and external auditors during audits in a professional and collaborative manner.
• Review the findings made by the internal & external auditors and support the accurate and timely delivery of any recommendations.

The skills you'll need:

• Degree-educated and holding a professional accountancy qualification (e.g. ACA, ACCA, CIMA)
• Demonstrable post qualified industry experience, preferably in Financial Services
• Experience in forecasting, budgeting and developing financial models
• Previous experience with Anaplan and Microsoft Dynamics, preferrable but not essential
• Ability to influence and align colleagues to make things happen and able to build trusting and collaborative relationships across the business
• Excellent written and verbal communication skills and managing expectations
• Excellent stakeholder management skills, with the confidence to challenge supportively and effectively where appropriate
• Excellent time management and delegation skills with a proven ability to manage multiple projects effectively