Finance Manager
- Recruiter
- Reed Finance
- Location
- Farnborough
- Posted
- 16 Jul 2017
- Closes
- 29 Jul 2017
- Job role
- Accountant
- Sector
- Accounting - Public practice
- Experience level
- Manager
Finance Manager
Basingstoke
Salary dependant on experience
Reporting to – Head of Finance
Purpose of the role:
Take responsibility for the initial preparation of daily, monthly and annual financial and reporting requirements along with operational cash movements for both collections and completions and also oversee all Treasury related activities, supporting the Head of Finance.
Key responsibilities and accountabilities:
Provide support to the Head of Finance in respect of the financial operations and financial control processes for the company’s mortgage products, including:
• Preparing initial daily, weekly and monthly MI reports for review
• Preparing monthly MI
• Undertaking additional tasks as required by the Head of Finance
• Arranging the payment of the loan net of the arrangement fee and the procuration fee
• Accounting for the advance of the mortgages, the accruals on the mortgages, the payment of coupons and the maturity or rollover of mortgages. This should be performed in line with the procedure agreed by the Statutory & Regulatory Reporting team
• Reconciling the receipts of loan repayments
• Production of the regulatory reporting as it relates to Fortress Bonds. This should be performed in line with the procedure agreed by the Statutory & Regulatory Reporting team
Own the end to end financial operations and financial control processes for the treasury activities including house price linked assets and liabilities including:
• Reviewing or reconciling the bank accounts and transferring funds between accounts as required
• Confirming and fixing interest rate swap and funding transactions as required
• Accounting for all treasury activities including hedge accounting and fair value of the house price linked assets and liabilities. This will involve running the fair value model. It will also involve working with the Financial Accountant to ensure that Hedge Accounting is being treated correctly
• Production of the weekly, monthly and quarterly MI as relates to treasury activities
• Production of the regulatory reporting as it relates to treasury activities. This should be performed in line with the procedure agreed by the Statutory & Regulatory Reporting team
• Production of the year end accounting disclosures for the fair value assets and liabilities and the hedge accounting. This will involve working extensively with the Statutory & Regulatory Reporting team
• Work with the Head of Liquidity to ensure all reporting and control activities are embedded in team
Become the centre of expertise for MI and analysis on treasury activities
Management of 1 team member
Non-routine accountabilities:
• Assist in streamlining the process used to generate management information to improve the timeliness and accuracy of its preparation
• Assist in reviewing the control framework for treasury related activities
Qualifications and Experience:
ACCA/CIMA/ACA
Strong Excel skills
Ideally a numerate degree
A good understanding of IFRS in a banking and capital markets environment in the UK (ideally for a mortgage lending business).
Management experience
Experience managing your own time and managing a variety of stakeholders
Enjoy working in a team
Qualified accountant with typically 3-5 years post qualification
Reed Specialist Recruitment Limited is an employment agency and employment business
Basingstoke
Salary dependant on experience
Reporting to – Head of Finance
Purpose of the role:
Take responsibility for the initial preparation of daily, monthly and annual financial and reporting requirements along with operational cash movements for both collections and completions and also oversee all Treasury related activities, supporting the Head of Finance.
Key responsibilities and accountabilities:
Provide support to the Head of Finance in respect of the financial operations and financial control processes for the company’s mortgage products, including:
• Preparing initial daily, weekly and monthly MI reports for review
• Preparing monthly MI
• Undertaking additional tasks as required by the Head of Finance
• Arranging the payment of the loan net of the arrangement fee and the procuration fee
• Accounting for the advance of the mortgages, the accruals on the mortgages, the payment of coupons and the maturity or rollover of mortgages. This should be performed in line with the procedure agreed by the Statutory & Regulatory Reporting team
• Reconciling the receipts of loan repayments
• Production of the regulatory reporting as it relates to Fortress Bonds. This should be performed in line with the procedure agreed by the Statutory & Regulatory Reporting team
Own the end to end financial operations and financial control processes for the treasury activities including house price linked assets and liabilities including:
• Reviewing or reconciling the bank accounts and transferring funds between accounts as required
• Confirming and fixing interest rate swap and funding transactions as required
• Accounting for all treasury activities including hedge accounting and fair value of the house price linked assets and liabilities. This will involve running the fair value model. It will also involve working with the Financial Accountant to ensure that Hedge Accounting is being treated correctly
• Production of the weekly, monthly and quarterly MI as relates to treasury activities
• Production of the regulatory reporting as it relates to treasury activities. This should be performed in line with the procedure agreed by the Statutory & Regulatory Reporting team
• Production of the year end accounting disclosures for the fair value assets and liabilities and the hedge accounting. This will involve working extensively with the Statutory & Regulatory Reporting team
• Work with the Head of Liquidity to ensure all reporting and control activities are embedded in team
Become the centre of expertise for MI and analysis on treasury activities
Management of 1 team member
Non-routine accountabilities:
• Assist in streamlining the process used to generate management information to improve the timeliness and accuracy of its preparation
• Assist in reviewing the control framework for treasury related activities
Qualifications and Experience:
ACCA/CIMA/ACA
Strong Excel skills
Ideally a numerate degree
A good understanding of IFRS in a banking and capital markets environment in the UK (ideally for a mortgage lending business).
Management experience
Experience managing your own time and managing a variety of stakeholders
Enjoy working in a team
Qualified accountant with typically 3-5 years post qualification
Reed Specialist Recruitment Limited is an employment agency and employment business