Head of Accounting Operations

3 weeks ago


Bristol, United Kingdom Lloyds Banking Group Full time

End Date

Wednesday 13 March 2024

Salary Range

£111,469 - £131,140

Agile Working Options

Job Share

Job Description Summary


**Job Description**:
JOB TITLE: Head of Accounting Operations

SALARY: £109,285 - £128,570

LOCATION: Bristol

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days a week) in our Bristol (Harbourside) office.

About this opportunity

This exciting role offers the opportunity to lead, build and motivate a team of c.90 finance professionals, in the Accounting Operations Control & Reporting Team, partnering with wider business and other parts of Finance to deliver a robust control environment which gives confidence in reporting to your stakeholders.

Responsible for Invoicing & Expenses processing, Ledger Operations, Payments to Suppliers and other payments processes, Reconciliations and Balance Sheet Substantiation.

You’ll join us in Group Finance Support, a key function within the Finance community of LBG. We’re c.300 colleagues, with responsibilities including financial reporting and control, people and culture initiatives and strategy implementation.

The team is at the start of a significant Transformation journey, and you'll be part of influencing, designing and implementing Finance Transformation over the next 5 years, both within Group Finance Support and beyond

What you'll be doing:

- Oversee and lead the day-to-day operations ensuring accuracy, timeliness and compliance with internal SLAs and regulatory requirements,
- Lead and develop a successful and resilient team of c 90 people. Providing Oversight, guidance and training support as needed to deliver on the objectives of the team.
- Lead the team to build and maintain accounting policies and procedures to ensure the integrity of operations and compliance with relevant accounting, regulatory and internal requirements.
- Responsible for ensuring robust risk management processes, including SOX and RCSA, are embedded within the team, and provide a ‘no-surprises’, high quality Financial Control environment. This includes appropriate monitoring of compliance.
- Build out a reporting framework to enhance oversight and issue identification.
- Coordinate the daily, monthly and annual processes and associated reconciliations and analysis and ensure balances are substantiated to appropriate standards
- Own and be accountable in driving resolution of issues at pace, collaborating effectively across internal and external stakeholders to get the best solution for LBG.
- Drive an environment of curiosity, continuous improvement and automation initiatives to enhance efficiency and effectiveness within Accounting Operations
- Ensure compliance with the relevant consumer codes of practice such as PPP, continually driving better results.
- As a key member of the Leadership team, drive the cultural change to ensure that GFS is well placed to deliver for now and for the future
- Drive and positively influence key GFS partners including Divisional Finance Directors, Risk Partners, our external auditors and external suppliers

Travel to Edinburgh will be required.

About us

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What you'll need:

- A qualified accountant with significant post qualification experience preferably in the financial services industry
- Experienced leader with drive, energy and a growth mindset, who leads by example and has led a large team
- Proficient in P2P, AR, reconciliation and controls processes and tools; combined with team leadership experience in this area
- Ability to attract, inspire and lead a successful, diverse professional team actively managing performance to realise potential and retain talent.
- Strategic thinker, with a passion for creating and driving future transformation and continuous improvement within Finance teams
- Strong Risk and Control understanding, including LBG RSCA and SOX framework; with an awareness of the key risks facing LBG Finance
- Prior experience of leading through system, process or cultural change
- Excellent communicator, able to influence and articulate complex issues at all levels across LBG, building strong diverse working relationships across different parts of the Group.

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.

We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

We’re disability confident. So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We a


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