Senior Technology Finance Analyst
Senior Technology Finance Analyst
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Job Description
Business Unit: Technology Operations and Cyber Security
Salary range: 40000 to 50000 per annum DOE
Location: Remote with occasional travel to a UK Virgin Money Hub location when required
Contract type: Permanent
Reporting directly to the TOCS Operations & Control Manager this role is responsible for the management of our resource and non resource baseline costs across Technology Operations & Cyber Security.
This role requires the individual to plan and manage our baseline financials of c100m providing detailed information and analysis to the TOCS Leadership Team to enable them to make financial decisions. This includes quarterly and annual reprofiling and planning in conjunction with our Leadership Team and Finance Partners to ensure there is a full understanding of the TOCS cost of ownership.
Non resource Tight controls over new and renewing 3rd party costs with escalation handling in conjunction with Relationship Managers and our Procurement colleagues is a key part of the financial risk management to ensure we meet stretch targets each financial year whilst continuing to operate efficiently with no risk to colleague and customer services. Youll also be given the opportunity to learn about our new Azure Cloud platform and its financial management working closely with the Senior Azure Commercial Analyst to ensure project Cloud allocation and costs are tracked and processed accordingly identifying areas of cost savings and optimisation.
Resource As well as tracking our operational FTE people costs you will support the Operations & Controls Manager in ensuring we meet our recovery challenge through active supply & demand management tracking of recoveries and liaising with resource managers on areas of concern or escalations. Forecasting and tracking of additional costs such as contractors is also key to ensure these are on an exception basis only.
This role in a nutshell/ Day to day youll be doing:
- Undertake all aspects of financial management including Purchase Order requisition raising invoice receipting prepayments and accruals.
- Provide guidance and training to TOCS relationship managers in all aspects of procurement & policy governance financial management and use of P2P.
- Actively manage all new and renewing 3rd party procurement activities including regular renewal sessions with relationship managers LT and Procurement
- Actively support all supply & demand reporting and escalation of recovery challenges
- Provide timely updates to LT and other stakeholders such as Finance and the D&I Commercial Team
- Facilitate the TOCS Finance monthly Business Control Meeting in conjunction with the D&I Commercial Team documentation and articulation of variances risk & opportunities and action follow up to ensure executive decisions can be made
- Ensure appropriate actions and/or escalations are undertaken in accordance with Bank policies
- Undertake continual service improvements of the TOCS financial review and planning processes.
To be successful you will bring:
- Experience and understanding of P2P and financial governance processes such as ISR MIRA Clearing House
- Experience and understanding of EPM supply & demand reporting and project recoveries
- Excellent written and verbal communication skills with the ability to engage technical and business stakeholders at all levels
- Ability to liaise with multiple stakeholders (across D&I Finance business functions) and proactively identify opportunities for cost reductions or risk mitigations.
- Excellent Microsoft skills with Advanced level Excel skills (use of formulas Vlookup pivot tables) and Advanced level PowerPoint skills.
Red Hot Rewards
- Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time)plus the option to buy more.
- Up to five extra paid well-being days per year.
- 20 weeks paid gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt.
- Market-leading pension.
- Free private medical cover income protection and life assurance.
- Flexible benefits include Cycle to Work wellness and health assessments and critical illness.
And theres no waiting around youll enjoy these benefits from day one.
If were lucky to receive a lot of interest we may close the advert early please ensure to submit your applications as soon as possible.
Were all about helping you Live a Life More Virgin so happy to talk flexible working with you.
Say hello to Virgin Money
Virgin Money is so much more than just a bank. As part of theNationwide grouptogether were the UKs first full-service mutual bank serving millions of retail and business customers and all driven by our purpose; Banking but fairer more rewarding and for the good of society. With us youll be part of an organisation uniquely positioned to make a difference to the lives of customers communities and broader society and embark on a collaborative customer obsessed and fun-filled career journey. Embrace the weekdays enjoy fantastic perks and make a meaningful positive difference. Time to discover what it means to be part of the first mutual full-service banking provider.
Be yourself at Virgin Money
At Virgin Money we celebrate everyone. We have fun think big and relentlessly include each other all in pursuit of our purpose: Banking but fairer more rewarding and for the good of society.Were committed to creating an inclusive culture where colleagues feel safe and inspired to contribute speak up and be heard.
As a Disability Confident Leader were committed to removing any obstacles to inclusion. If you need any reasonable adjustments or support making your application contact our Talent Acquisition team
Its important to note that there may be occasions where its not possible to interview all candidates declaring a disability who meet the essential criteria for the certain recruitment situations such as receiving a high-volume of applications we may need to limit the overall numbers of interviews offered to both disabled and non-disabled applicants.
Now the legal bit
Although some of our roles allow you to be based anywhere in the UK well need you to confirm you have the right to work in the UK.
If youre successful in securing a role with us there are some checks you need to complete before starting. These include credit and criminal record checks and three years worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime it requires enhanced pre-employment checks well ask for six years of regulatory references and once in the role youll be subject to periodic employment checks.
Required Experience:
Senior IC
Employment Type
Full-Time
