Up to £110,000 plus excellent bonus and benefits

Hybrid Working available (4 days in the office, 1 day WFH)

Reports to: CFO (SMF2)

Due to exciting business growth, our client, a leading international bank based in the heart of central London, is seeking a fully qualified Deputy Head of Financial Control. This is a pivotal leadership role for a "hands-on" controller who thrives on technical accuracy and process improvement. Our client is seeking someone who excels in the "engine room" of finance—someone who can own the balance sheet, shorten reporting cycles, and lead a team through significant system implementations.

Candidates from larger banking institutions are encouraged to apply, provided their experience is rooted in heavy-duty financial control rather than broad FP&A or pure strategy.

Candidates must have experience in Banking and must have UK experience

Duties of the Deputy Head of Financial Control to include:

Financial Control & Core Operations

• Balance Sheet Ownership: Full responsibility for balance sheet sign-off and high-level P&L review and presentation.
• Reporting Excellence: Oversee the full month-end close cycle, delivering accurate Management Information (MI) and group reporting to the Executive Committee and Head Office.
• Process Engineering: Drive initiatives to shorten reporting turnaround times and enhance the robust nature of the control environment.
• Audit & Compliance: Act as the primary lead for external and internal audits, ensuring all statutory requirements are met.
• Budgeting: Manage the annual budgeting process and financial planning cycles from a control perspective.
• Regulatory Support: Provide oversight for regulatory submissions (BoE, PRA); however, this is a supporting function rather than the primary focus of the role.

Transformation & System Initiatives (Change Agent)

• System Implementation: Lead the implementation of new financial systems and auto-reconciliation tools to modernize the finance function.
• Workflow Optimization: Assess and improve the integration between the Core Banking system and the Data Warehouse to streamline financial reporting.
• Control Enhancement: Redesign and implement workflows for the month-end process to eliminate manual intervention and increase data integrity.

People Management & Development

• Leadership: Manage and mentor a team of six finance professionals, fostering a high-performance, "roll-up-your-sleeves" culture.

Requirements for the successful Deputy Head of Financial Control include:

• Candidates must have Banking and UK experience.
• Candidates must be educated to University degree level.  
• Core Competency: A proven track record in Financial Control is essential. This includes balance sheet substantiation, P&L review, and group reporting.
• Change Management: Demonstrable experience in system implementation and improving/shortening the month-end reporting process.
• Qualifications: ACA or ACCA qualified with substantial post-qualification experience in a banking environment.
• Leadership: Experience managing small-to-medium finance teams (approx. 6 people).
• Technical Skills: Advanced Excel is mandatory; experience with Power BI or similar visualization tools for control reporting is highly desirable.

This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Associates Limited are those of an Employment Agency.