Head of Finance - Vida Bank

Vida Bank provides competitive savings products through Vida Savings and specialist mortgage solutions through Vida Homeloans.

Our mortgage business supports Buy to Let (BTL) and residential borrowers (ROO) who find themselves underserved elsewhere. Our mortgage customers range from Buy to Let investors to the self-employed and customers with multiple jobs.

Our savings proposition is delivered online via our website, focused on providing savers with fair, transparent, and competitive rates. Our typical customers are active savers who tend to look beyond their current account provider for savings accounts.

Our business model and strategy are underpinned by our core purpose to 'Help More People Find a Place to call Home'.

We are here to help the underserved, especially those with more nuanced personal circumstances or borrowing needs who cannot access a mortgage from a mainstream lender. Working exclusively with intermediary partners, we combine cutting-edge technology with skilled and caring underwriting expertise to solve complex customer problems.

As a fully regulated UK-based bank with ambitious growth aspirations, we recognize the importance of having a clearly articulated culture strategy and the need to actively manage how it embeds in the business together with the behaviors that exemplify it.

As a recognized Best Companies Top 100 mid-sized company to work for in the UK and a finalist at the Financial Reporter Women's Recognition Awards, we take pride in our diverse workforce, championing both ethnic and gender diversity through our EDI commitments.

Having met the target set by being a member of the HM Treasury Women in Finance Charter, we have 50% of senior management roles filled by women.

With offices in London, Newcastle, and Skipton, we bring our teams together regularly to collaborate and empower our colleagues to have more choice around when and where they work on the days they are not in the office, with colleagues working remotely in various locations across the UK.

We are proud to have built a culture founded on an ethos of caring, which sits at the heart of our Vida Values, driving the way we run our business, support our customers, and other stakeholders daily.

We genuinely care about delivering the right outcomes for all our stakeholders, whom we consider through the cultural framework as our customers, colleagues, company, and communities that we operate in.

By joining Vida, you will have a sense of belonging in what is a diverse and collaborative environment, where you will be empowered to take responsibility for driving delivery.

We embrace a diversity of backgrounds and experiences in our people, with the deeply held belief that better outcomes are achieved for customers when our colleagues are better placed to empathize with and understand their unique circumstances. From application to interview, we place inclusion at the heart of all we do.

The Finance team is responsible for the financial integrity of Vida Bank. This involves the preparation of financial reporting that supports the management of business performance and satisfies statutory reporting requirements. Underlying accounting records must be maintained within a robust financial control framework. Forecasting future profitability and cash flows in a dynamic business environment is a key Finance responsibility.

The Head of Finance has a core role in leading the Financial Control team and the processes and controls that deliver financial reporting and analysis to a high standard in support of the growth and future sale of the business.

• Lead the Financial Control team in the preparation of accurate and timely monthly management accounts, including analysis of performance, variances, and trends, for Executive Committees and the Board. In a fast-growing business, the management information requirements of the business will continue to evolve.
• Oversee the preparation of the annual statutory accounts for the Vida Bank group of companies, including management of the external auditor relationship.
• Prepare and present accounting papers for approval at Board Audit Committee.
• Manage accounting policy and process including the technical areas of revenue recognition and hedge accounting. Manage general ledger, accounts payable, and short-term cash flow forecasting processes.
• Work closely with the Financial Planning & Analysis team to ensure that forecasting and historical reporting are aligned, and consistent messages are delivered to Vida's leadership team.

• Thorough knowledge of accounting principles and procedures in a financial services environment, preferably with exposure to securitization structures.
• Experience of leading general ledger teams, with the associated month-end and year-end close processes.
• Experience with consolidated statutory and management accounts.
• Previous exposure to tax and Treasury operations.
• Communicates in a constructive and positive manner that demonstrates respect.
• Collaborates across the business by communicating regularly and consistently with peers and direct reports.
• Determined and flexible, capable of delivering to a high standard in a pressured environment.
• Attends to detail and has strong organizational skills.

Our values are well established and recognized throughout our organization. They provide a frame of reference for the behaviors expected from our colleagues every day.

We find ways to break old conventions, especially those which cause exclusion or customer harm. We look for these qualities when hiring new talent into the organization, and they underpin our approach to personal development and performance management for all our people. At the heart of this is the fact we care about our Customers, Our Colleagues, and our Communities. We are:

• Visionary - We innovate and break old habits, thinking big and pushing boundaries together as one team.
• Inclusive - We value each other's differences and work to see people for who they really are.
• Dynamic - We are flexible and fast, cutting through complexity and never accepting second best.
• Authentic - We are honest and genuine; what you see is what you get.

We offer a comprehensive benefits package to support our employees' professional and personal needs. Further details can be provided upon application.