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Director, Financial Reporting

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Zopa Bank

7d ago

  • Job
    Full-time
    Expert Level
  • Accounting & Tax
    Banking & Finance
  • London
  • Quick Apply

AI generated summary

  • You must be a qualified accountant with senior experience, deep knowledge of accounting standards, retail banking, and financial regulation, strong analytical skills, and leadership qualities.
  • You will lead financial reporting, ensure compliance, manage risks, support budgeting, drive automation for IPO readiness, and develop the finance team while liaising across departments.

Requirements

  • Qualified accountant (ACCA, CIMA, etc.) demonstratable experience, particularly in a senior role.
  • Deep knowledge of accounting standards, financial regulation, and tax.
  • Solid understanding of retail banking and broader financial services.
  • Strong analytical skills and the ability to communicate complex issues clearly.
  • Proven leader with the gravitas to engage senior stakeholders and the Board.
  • Independent thinker with excellent teamwork and communication skills.

Responsibilities

  • Lead the strategy and operations for Financial Control & Reporting.
  • Oversee financial, statutory, corporate, and ESG reporting, tax, and technical accounting.
  • Ensure accurate and timely month-end, quarter-end, and year-end closes.
  • Optimise legal entity and tax structures, ensuring full regulatory compliance.
  • Manage risk and internal controls over financial reporting (ICFR).
  • Advise on financial matters, support budgeting, forecasting, and financial planning.
  • Represent Finance in governance forums including IFRS 9, ESG Steering, and Disclosures Committee.
  • Manage the Audit Committee relationship and support external reporting as a public interest entity.
  • Drive automation, scalability, and readiness for IPO and public reporting.
  • Lead external auditor and advisor relationships, supporting CFO where needed.
  • Develop and lead the finance team, fostering growth and best practice.
  • Liaise across departments (e.g., Treasury, Risk) and stay current with industry developments.
  • Deputise for the Group Finance Director as required.

FAQs

What is the role of the Director of Financial Reporting?

The Director of Financial Reporting oversees all aspects of financial control, reporting, tax, technical accounting, and accounts payable, and works closely with the Group Finance Director.

What qualifications are needed for this position?

Candidates should be qualified accountants (ACCA, CIMA, etc.) with demonstrable experience, particularly in a senior role.

Is prior experience in retail banking required?

Yes, a solid understanding of retail banking and broader financial services is necessary for this role.

What are the main responsibilities of the Director of Financial Reporting?

Key responsibilities include leading financial control and reporting strategy, ensuring accurate financial reporting, managing risk and internal controls, and developing the finance team.

Will I have the opportunity to work from different locations?

Yes, you can work from abroad for up to 120 days a year, subject to having the right to work in the country of choice.

How many days a week is office attendance required?

This hybrid role requires you to come to the London office 2-3 days a week.

What kind of team will I lead?

You will lead a large finance team, fostering growth and best practices within the department.

What is the work culture like at Zopa?

Zopa promotes a workplace free from discrimination, values diverse experiences and perspectives, and fosters a unique company culture where everyone can bring their full selves to work.

What skills are necessary to succeed in this role?

Strong analytical skills, the ability to communicate complex issues clearly, proven leadership capabilities, and the gravitas to engage with senior stakeholders and the Board are essential.

Is there a focus on automation and scalability?

Yes, the role involves driving automation, scalability, and readiness for an IPO and public reporting.

We’re Zopa Bank. Credit Cards | Loans | Savings

Finance
Industry
501-1000
Employees
2005
Founded Year

Mission & Purpose

We’re Zopa, and we want to make money work better for you. Our diverse team is united in their mission of creating simple, fair and honest financial products that have the customer’s needs at their heart. We’re proud that this dedication is reflected in our excellent rating on TrustPilot. We’ve always been unapologetically honest with our customers, and value the same in return. Their feedback helps us shape what we build, so we can provide a bank fit for today, and for the future. We’re not the new kids on the block though - we’ve been a pioneering force in finance for 16 years. In 2005, we built the first ever peer-to-peer (P2P) lending company, giving our customers access to loans built for real-life and intelligent investments backed by cutting-edge tech. In 2020, we launched Zopa Bank, meaning we could offer more – like fixed term savings backed by FSCS protection and a credit card to help customers take control of their finances. We’ve lent out over £6 billion and are proud to have made money work better for over half a million people across the UK, whether they were looking to borrow or save.