About the Role
This role will lead the financial accounting function, ensuring robust financial controls, accurate reporting, and compliance with accounting standards, tax requirements, and statutory obligations. You will oversee the month-end close process, manage cashflow and investments, prepare statutory accounts, and work closely with internal and external auditors to deliver high-quality financial reporting and assurance. As the technical accounting expert, you will provide clear advice across the organisation, lead improvements to financial controls, and act as a key stakeholder for Workday Financials. You will identify opportunities to enhance processes through automation, analytics, and AI, while maintaining strong governance and auditability. Leading a small team, you will develop capability, drive continuous improvement, and foster a culture of accountability, collaboration, and curiosity. You will also deputise for the Financial Controller when required and represent Finance in cross-functional projects and strategic initiatives across the Service.
Responsibilities
- Lead the financial accounting function, ensuring robust financial controls, accurate reporting, and compliance with accounting standards, tax requirements, and statutory obligations.
- Oversee the month-end close process.
- Manage cashflow and investments.
- Prepare statutory accounts.
- Work closely with internal and external auditors to deliver high-quality financial reporting and assurance.
- Provide clear advice across the organisation as the technical accounting expert.
- Lead improvements to financial controls.
- Act as a key stakeholder for Workday Financials.
- Identify opportunities to enhance processes through automation, analytics, and AI, while maintaining strong governance and auditability.
- Lead, develop capability, drive continuous improvement, and foster a culture of accountability, collaboration, and curiosity within a small team.
- Deputise for the Financial Controller when required.
- Represent Finance in cross-functional projects and strategic initiatives across the Service.
Requirements
- Qualified accountant (ACA, ACCA, CIMA or equivalent) with significant post-qualification experience in financial accounting, statutory reporting, and financial control.
- Strong technical accounting expertise, including IFRS and IAS19, with the ability to interpret and implement new accounting standards and disclosure requirements.
- Proven experience preparing statutory accounts, managing accounting judgements, and working effectively with internal and external auditors.
- Demonstrable experience leading month-end close processes and overseeing key financial controls, including reconciliations, cashflow, investments, tax compliance, and fixed assets.
- Strong systems and digital capability, including experience with financial systems (ideally Workday Financials), Excel, automation, and data-driven process improvement, with a balanced approach to the use of AI and technology.
- Excellent planning and prioritisation skills, with the ability to manage deadlines and deliver improvements.
- Strong analytical and problem-solving skills, with the ability to assess risks and implement effective controls.
- Strong communication skills, able to explain complex financial matters clearly to a range of audiences.
- Experience leading, coaching, and developing a small team, while promoting knowledge sharing and resilience.
- A continuous improvement mindset, focused on improving processes while maintaining compliance and control.
Skills
- Financial accounting
- Statutory reporting
- Financial control
- IFRS
- IAS19
- Accounting standards interpretation
- Disclosure requirements implementation
- Statutory accounts preparation
- Accounting judgements management
- Internal and external auditor collaboration
- Month-end close processes
- Key financial controls oversight
- Reconciliations
- Cashflow management
- Investment management
- Tax compliance
- Fixed assets management
- Financial systems proficiency
- Workday Financials
- Excel
- Automation
- Data-driven process improvement
- AI and technology utilization
- Planning and prioritisation
- Deadline management
- Analytical skills
- Problem-solving skills
- Risk assessment
- Effective control implementation
- Communication skills
- Team leadership
- Coaching
- Team development
- Knowledge sharing promotion
- Resilience building
- Continuous improvement mindset
Location
- London Docklands
- Hybrid
Work Type
- Permanent
- Full-time
- Part-time
- Flexible working patterns
- Hybrid
Experience Level
- Significant post-qualification experience
Education Level
- Qualified accountant (ACA, ACCA, CIMA or equivalent)
Salary/Compensations
- circa £80,000 per annum
Benefits
- Extensive opportunities for personal and career development
- Health plan
- Gym memberships
- Mental health support
- Courses
- Mentorship
- Promotions
- 25 days holiday entitlement
- Option to buy extra or sell days
- Generous pension
- Various Family Friendly Policies
- Enhanced maternity pay
- Carers leave
- Dependants leave
- Private medical insurance
- Virtual GP
- Critical illness cover
- Life assurance cover
- Technology scheme
- Cycle to work scheme
- Will-writing service
- Gym membership discounts
- Fully equipped on-site gym open 24/7 in London only
About the Company
- The Financial Ombudsman Service is an independent, not-for-profit organisation that plays a vital role in UK financial services.
- Every day we help resolve disputes between consumers, or small businesses, and their financial service providers.
- We are a values led organisation. Our values define our culture, influence our decisions, and underpin our vision and strategy. They set out how we play our PART through Purpose, Ambition, Respect and Trust.
- We celebrate diversity and are committed to creating an inclusive environment for all team.
- We view diversity as fundamental to our success and welcome applications from underrepresented groups across all communities.
- We are proud to be a Disability Confident Leader.
Equal Opportunity
- The Financial Ombudsman is an Equal Opportunity Employer.
- We celebrate diversity and are committed to creating an inclusive environment for all team.
- We view diversity as fundamental to our success and welcome applications from underrepresented groups across all communities.
- We are proud to be a Disability Confident Leader and, under the scheme, will progress a fair and proportionate number of disabled applicants who meet the minimum criteria for the role to interview.
