Treasury Finance Manager

Job Description

Business Unit: Group FinanceSalary:up to circa £52,000depending on experienceLocation: Remote - UK Flexible Contract Type: Permanent Full TimeGive your career some extra oomphVirgin Money is all about disrupting the status quo, taking on the challenges of the future, and saying goodbye to boring banking. Were on the lookout for like-minded individuals and innovators like you to help push us forward. Were also transforming howwe work to give our colleagues more choice, control and flexibility to live and work how they choose with A Life More Virgin.Heres what it means for YOU:

• 38.5 days annual leave for all colleagues (including bank holidays and pro rata if part-time)
• Up to five extra paid well-being days per year
• A 35-hour working week
• 20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
• Market leading Pension & Private Medical Insurance
• Flexible benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness
• Ability to work anywhere in the UK (where the role allows)

And you get these Red-Hot Rewards from day one!An exciting new opportunity now exists within our Treasury Finance team! As a Treasury Finance Manager, you will act as a subject matter expert responsible for the accounting of a broad range of treasury products including, but not limited to, derivatives,medium term notes, money market deposits, bonds, repos etc. The role involves significant technical knowledge, practical systems ability and communication skills. This is a great opportunity to develop in-depth knowledge and understanding of technical accountingand products. While core systems provide the ability to investigate data and variances, collaboration with SMEs and stakeholders is also required. Continuous improvement of processes, enhancements to the control environment and maximising the efficiency ofour systems is key.In a nutshell this role is about:

• Overseeing the financial accounting and control of a range of Treasury products, from source system and deal bookings through to external financial reporting.
• Overseeing the production of Group statutory reporting relating to these Treasury products and manging queries from auditors
• Producing monthly Treasury management reporting (reconciliations, control files and senior management packs) and commentary including variance to forecast analysis
• Assisting in the implementation of the Funds Transfer Pricing process in line with Group policy, including manual journal entries and validation of system postings
• Taking ownership of TMS, Subledger and General Ledger accounting rules and mappings as related to Treasury products
• Acting as a key point of contact for Treasury Front Office, Treasury Operations and wider Finance in relation to Treasury Finance areas
• Participating in Projects relating to Treasury Finance, either those led by external teams or those developed internally in Treasury Finance, driving a culture of continuous improvement and maximising the efficiency of our system landscape
• Maintaining awareness of IFRS exposure drafts and guidance notes as related to Treasury funding products and transactions, coordinating policy development and implementation
• Ensuring documented processes and controls are in place to deliver accurate financial metrics as well as designing and implementing initiatives to improve the financial governance as measured through number of audit findings (internal and external)
• Sharing knowledge and information proactively with key senior contacts and assisting them in identifying and addressing issues and future requirements

There are a few essentials you need to bring...

• ICAS or equivalent qualified
• Experience in accounting for Treasury Finance products, including but not limited to derivatives, medium term notes, money market deposits, bonds, repos etc
• Experience in explaining complex and technical accounting matters in straightforward terms to a range of stakeholders
• Thorough IFRS accounting knowledge, specifically in IAS 32, IAS 39, IFRS 7, IFRS 9 and IFRS 13
• Experience in financial systems change and report development processes
• Thorough understanding of business processes and controls and audit trail requirements

Wed love you to have...

• A general understanding of hedge accounting

We really need you to have the skills and experience listed in the essentials section above, but the rest is just our wish list, so please dont let that put you off applying, wed love to hear from you!Inclusion at Virgin MoneyInclusion is at the heart of everything we do here at Virgin Money. Its good for you, its good for us and its amazing for our customers. We know that great minds dont think alike, so we rely on your diverse thoughts, feelings, beliefs and backgroundsto be the best we can possibly be. Got any questions about this or need some support with your application Wed love to hear from you so get in touch with our careers team at .Now the legal bitLiving A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it) but we will need to you to confirm you have the Right to Work in the UK.If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing 3 years worth of satisfactory references.