Main Purpose of Job:
Primary responsibility for the preparation and publication of daily management information. Assist / contribute to team contribution to monthly management, financial and regulatory reporting, including primary responsibility for preparation of certain regulatory returns. Primary responsibility for the maintenance and production of loan book data.
Job Responsibilities:
• Prepare and publish daily management information, monthly reports, supporting reconciliation files, KPI reporting, executive and Board reports for CAF Bank. Identify anomalies within information and be able to reconcile these. Develop an understanding of links between data sources enabling any issues to be resolved quickly.
• Manage the team’s maintenance and production of lending data, including accounting for new loans, drawdowns and repayments, and reporting, analysis, and reconciliation. Prepare accounting entries for loans and income according to FRS102. Ensure integrity and accuracy of data on system.
• Prepare papers and financial updates for various committees, minute taking as required.
• Assist the teams processing of investment transactions including placements, maturities and re-pricing, treasury team transactions, and provide support as needed. Manage the team’s processes resulting from Base Rate changes. Assist the Head of Regulatory Reporting and ALM with IRRBB projections.
• Assist the team’s preparation and submission of regulatory reporting returns and requirements to the FCA, PRA, EBA and Bank of England, whilst ensuring accuracy and timeliness. Assist the team’s migration to new regulatory reporting platforms along with implementing changes to regulatory returns.
• Assist in the production of the bank’s Pillar 3 report.
• Assist with preparation and analysis of the Bank’s income projections in the budgeting and forecasting process.
• Assist the development of Finance’s management information and reporting. Work with the Head of Regulatory Reporting and ALM to identify inefficiencies and develop solutions. Develop and document new processes and procedures.
• Assist with preparation and analysis of the Bank’s ICAAP, ILAAP, RRP and quarterly ARCC and Board reports. Production and development of the Bank’s stress testing to support internal risk management.
• Provide Finance input to annual returns as requested.
• Monitoring of internal trigger mechanisms, including reference to the Bank’s capital and liquidity policies, and external regulatory requirements, liaising with the senior management team when appropriate.
• Produce accurate data in a range of formats, often at short notice for a range of audiences. Produce detailed analysis using advanced Excel skills as required and under time constraints.
• Provide regulatory and finance support and assistance to the CAF Bank senior management team and CAF Bank division as required, and other ad hoc roles within Finance Department including providing support and cover for others when required.
• Ability to work autonomously and support the team on regular MI, policy review, production of regulatory reports, and ad hoc requests as needed,
• Provide absence and sickness cover on other financial control and reporting areas as required.
Experience
• Preparation and analysis of data for publishing MI reports to organisation stakeholders.
• Knowledge of bookkeeping/double entry systems and journal entry
• Financial reporting, financial control and monthly reporting processes (e.g., management accounts, balance sheet reconciliations)
• Experience of preparing BoE, FCA, PRA and EBA returns
• Experience of Finance in the Banking Sector
Qualifications
• ACCA Part Qualified or equivalent
Training
• Advanced technical competence in Microsoft Excel including formulae, pivot tables, data presentation
Specialist Skills/ Ability/Knowledge
• Experience with accounting software for medium sized organisations (Sage would be advantageous)
• Familiar with FCA/PRA/EBA reporting software
Communication
• Good communicator at all levels
Personal Qualities
• Ability to work in diverse environment and to cope with change
• Flexible approach to changing priorities
• Ability to work to deadlines
• Ability to work autonomously
• High accuracy and excellent attention to detail
Closing date for applications is Friday 14th October 2022.
