Description
I am looking to hire a Finance Director for one of our government clients.
Essential Experience:
- Budget preparation
- Monitoring and cash flow
Key tasks and deliverables
- This role is a business critical financial function.
- The job holder will be responsible for ensuring that the Bank has robust modelling/forecasting capabilities to support decision making both at Board and product team levels.
- The Job holder will also develop insights and make interventions to measure and enhance financial performance.
Working with Strategy and Finance colleagues, and with product teams the jobholder will be responsible for:
Preparation of the Bank' annual budgets and forecasts.
The Bank's five year financial plan
Developing forecast scenarios to aid strategic decision making
Partnering with product teams to make early interventions and improve the management of volatility in financial forecasts
Modelling the future Balance Sheet and Income & Expenditure Statement in conjunction with the Financial Accountant
Ensuring that the Bank operates within a Financial Framework and budget set by BIS and HMT
Production of Cash flow forecasts
Developing measures to cost the Bank's activities
Assessing the budgetary impact and affordability of different choices regarding resource allocation
Reporting on these matters to the Bank's senior management team and Board
Be the Finance lead on the development of Business Cases and Change Initiation in liaison with product teams
Provide support in developing and monitoring KPIs.
Making Effective Decisions
Collaborating and Partnering
Changing and Improving
Strong analytical skills
Leading and Communicating
Experience Required
Forecasting in a complex and dynamic environment
Business partnering to influence budget/expenditure control through timely interventions
Understanding of financial products (eg investments, loans, guarantees etc)
Engaging with senior stakeholders
Some experience of managing budgets and forecasts in the context of Parliamentary and Departmental spending controls would be desirable