Description
Internal Audit Senior Manager – Finance
Location: London / Sheffield / Hybrid Working (Expectation that you will attend an office 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
Salary: Up to £62,500 depending on experience (Sheffield)
Up to £70,000 depending on experience (London)
Please note that any same band moves will not propose any salary increase
Key Benefits Click here for a complete list of benefits
30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
15% employer pension contribution
Flexible working
Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
Paid voluntary days, maternity, paternity, adoption, and shared parental leave
Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more
The Role
In this role, you will lead audits that focus across a wide range of business domains, while bringing specialist insight into financial transactions, cash management, accounts payable, planning & forecasting, tax controls, regulatory reporting, valuations and product operations. This is first and foremost a cross-domain audit leadership role, requiring flexibility to contribute across the full audit universe.
The post holder will:
· Act as a subject matter expert (SME) in finance and product ops risk and control areas, leading and supporting teams and stakeholders in understanding related risks. · Lead and support audits beyond this domain in line with the Bank’s wider audit plan.
You will oversee the full audit lifecycle responsibilities with SME focus and deliver risk-based reviews of finance processes, including planning and forecasting, ledger integrity, financial reporting, and cost control. You will conduct thematic reviews of capital planning, financial strategy, and regulatory submissions and provide domain input to audit planning and scoping, identifying emerging risks in financial operations, regulatory change, and product ops control frameworks.
To be considered for this role you must have a strong understanding of non-statutory financial reporting, P&L and balance sheet analysis, planning & forecasting cycles, and budget processes. You will also have familiarity with fair value principles under IFRS (especially IFRS 9 and IFRS 13). Along with experience with valuation techniques for venture capital, growth equity, guarantees and structured finance products and the ability to assess controls around valuation processes, including governance, data integrity, and third-party inputs.
You will also be familiar with accounting policy, reconciliations, management reporting, and procurement controls as well as regulatory Reporting and Compliance with experience reviewing controls over regulatory data, FCA submissions, and external disclosures.
An understanding of financial governance frameworks including tax controls, cost allocation and asset valuations are also essential along with a demonstrated working knowledge of IIA standards and risk-based internal audit methodology.
Click here to view the full job description The British Business Bank is an established and influential institution with a key mission of driving sustainable growth and prosperity throughout the United Kingdom. It plays a vital role in supporting access to finance for smaller businesses, facilitating their development and contributing to the transition towards a net zero economy. Since its inception in 2014, the British Business Bank has functioned as a government-owned economic development bank, operating independently to fulfil its objectives. It collaborates with over 200 delivery partners, including high street, digital, specialist, and challenger banks, venture capital and private debt funds, as well as fintech platforms, to implement its programs effectively. With offices in Sheffield and London, the British Business Bank currently employs approximately 550 individuals. As an organisation that values flexibility, wellbeing and collaboration, the British Business Bank introduced a hybrid-working model in 2020. Our colleagues typically spend an average of 2 days per week working in our offices, striking a balance between the advantages of remote work and the benefits of in-person collaboration. The successful candidate for this role should be able to commute to our office (unless specified). At the British Business Bank, we aim to represent the communities we serve, firmly believing that different perspectives make us stronger. We strongly encourage applications from individuals with varied experiences and backgrounds. As a Disability Confident employer, we commit ourselves to having an inclusive, equitable and accessible recruitment process supporting applicants and employees, making reasonable adjustments whenever it is feasible.
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