Finance Manager - Credit Risk & Fraud - London - £55,000

Leadenhall Search And Selection Ltd
United Kingdom
£55,000 + car allowance
06 Oct 2017
06 Nov 2017
Contract Type
Full Time
Leadenhall Search are recruiting an excellent Finance Manager role for a leading financial services organization based in London. The opportunity will be to work alongside some of the best talent in the industry and reporting into an extremely experienced Head of Credit Risk and Fraud. The successful candidate will have Accountancy qualifications and you will get the opportunity to work across a broad range of products in a well-established brand name. The Role - Accountable for driving ongoing improvements to Consumer bad debt forecasting and reporting, through rigorous analysis and engagement with Credit Risk & Fraud, Group Finance and Consumer stakeholders; - Identify the drivers of actual bad debt performance and trends by working closely with key stakeholders in Credit Risk & Fraud and Consumer; - Review of bad debt processes, provision rates and calculations to increase accuracy of bad debt management and reduce risk. Documentation of provisions, processes and policies. - Develop Reporting pack on Bad Debt Provisions. Present and agree revised reporting with stakeholders, automate and work with offshore resource to implement. - Budgeting & Forecasting - Support delivery of forecasting processes for bad debt, OPEX and working capital estimated including monthly tracking and variance analysis. - Development and ownership of the forecast models monitoring KPIs such as average bad debt and churn. - Review of Debt reporting and MIS produced by GCB MIS team. Recommend, and agree the implementation and delivery of MIS changes needed to improve accuracy of bad debt reporting and provisions. Document assumptions. - Lead on review and standardisation of working files and month-end journals, ensuring Sarbox controls in place. - Understand impact of IFRS15/IFRS9 implementation and lead on any changes required to processes/policies. - Feed in analysis and insight into the monthly reporting of actuals to the Consumer CFO; - Ability to work independently and accurately, using initiative to prioritise and direct analysis; - Represent Credit Risk in key commercial and governance meetings, providing the insight which helps drive commercial decisions and credit risk policy within Consumer; - Establish and maintain key relationships across the Group including senior management, peers in Credit Risk & Fraud and Consumer Finance. The Person - Ideally have experience of high volume consumer credit risk environment (policies/strategies/systems/processes) - Qualified accountant with Degree level or equivalent. - Experienced, flexible and driven Business Partner ideally with a background in bad debt planning, forecasting and accounting activities (including moth end & auditor) - Excellent Excel, analytical, problem solving, and communication skills. - Evidence of influencing senior stakeholders and informing senior management and leadership decisions - Excellent management and leadership skills in a highly pressurised environment This is a great opportunity to work for a company that is passionate at providing a great working environment for its employees whilst giving multiple opportunities to learn across lots of areas of credit risk and finance. If you are interested or know anyone else that might be please get in touch.
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