Job Description

This is an exciting opportunity to develop into the CFO role as part of career planning, expand his/her skill set and work closely with senior management. You will be responsible for managing the financial, accounting and administration functions of the Bank.

You will:

• Ensure compliance with statutory and regulatory standards by ensuring that proper accounting records are maintained.
• Manage and oversee that statutory financial reporting, such as FCA/PRA, Bank of England, VAT and Corporation Tax is prepared and submitted within set timeframes.
• Ensure compliance with laws, standards and regulations relating to the Bank’s financial reporting and accounting function.
• Produce management accounts, annual budgets and support the production of business plans.
• Report risks identified to relevant bodies immediately in writing including suggested counter measures.
• Through cost benefit analysis, develop and implement overhead cost reduction programmes in management accounts.
• Manage financial procedures.
• Prepare Published IFRS Accounts and supporting information for External Auditors.
• Manage and oversee preparation of annual budget with input from General Management, Treasury, branches, and departments.
• Ensure all expenditure is authorized, all assets safeguarded, and all liabilities recorded to the benefit of the Bank.
• Assist in ensuring the Bank complies with regulations of Companies Act in terms of rotation, registration/retirement of directors and submission of accounts/reports.
• Management of Financial Control and Accounts.
• Manage the Treasury Back Office function.
• Report any irregularity or breach of any policy or requirement, internal or external to the General Manager.

The list of duties in the job description should not be regarded as exclusive or exhaustive.

Schedule:

• Monday to Friday

Required Knowledge, Skills, and Abilities

• Preferably educated to degree level with an audit background with financial services experience but not essential
• Qualification of ACA/CIMA/ACCA is required.
• Minimum of 5 years post qualification experience, including cross section of commercial and control experience.
• Experience in regulatory reporting, banking software and Temenos is preferred.
• Sound knowledge of general banking, the Banking Act and Code of Practice.
• IFRS experience preferred
• Works well in small teams
• Eager to use technology, automation and learn new areas like regulatory reporting
• Good modelling and forecasting skills
• Used to working in multicultural environment
• Works well with other departments as a business partner
• Knowledge and understanding of relevant risk, compliance and audit standards.
• Knowledge of Turkish Language preferred but not essential

Experience:

• Accounting: 5 years (preferred)